A Firm Needs Spare Cash Because During Economic Downturns, Sales

question 123

Multiple Choice

A firm needs spare cash because during economic downturns, sales may fall below expectations while outflows could prove higher than was budgeted.Firms sell their accounts receivable at a discount for the purpose of:

• A)finance motive
• B)transactions motive
• C)speculative motive
• D)obtaining short-term financing

Understand the concept of time styles and how they influence consumer receptivity to marketing messages.

Grasp the psychological impact of activities like polychronic actions and waiting time on the shopping experience.

Comprehend consumer categorization based on shopping types such as economic, personalized, and recreational.

Appreciate the emotional states and how pleasure vs. arousal dimensions influence shopping behavior.

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Definitions:

Shut Down

The temporary or permanent cessation of operations, often due to economic, financial, or market conditions, prompting a business to stop production or close.

Price

The amount of money required to purchase a good or service, often determined by factors such as supply and demand, production costs, and market competition.

Diagram

A simplified drawing showing the appearance, structure, or workings of something, often used for explanation purposes.

Economic Profit

The remaining profit once every cost, including those that are explicit and those that are implicit, is deducted from the total revenue.