Which of the Terms Below Could Be Used When Describing

question 16

Multiple Choice

Which of the terms below could be used when describing a cash purchase?

• A) FOB destination.
• B) On account.
• C) 2/10, n/30.
• D) Using credit.

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Definitions:

Scientific Management

A management theory that analyzes and synthesizes workflows, aiming to improve economic efficiency and labor productivity.

1924

The year 1924 marks a period in history with events and developments across various domains, including politics, arts, and sciences.

Western Electric

A historical American electrical engineering and manufacturing company that played a significant role in the development and growth of the telecommunications industry.

Human Relations Theory

A concept in management emphasizing the importance of social processes in the workplace, including communication and employee needs, for enhancing productivity.