Rapidly Growing Companies Often Buy Increasing Amounts of Merchandise from Suppliers

question 312

Multiple Choice

Rapidly growing companies often buy increasing amounts of merchandise from suppliers on credit, and then sell the goods to their customers on credit. These companies sometimes have difficulty repaying their suppliers when customers who buy on credit don't pay on time. Firms that experience this difficulty need to do a better job of

• A) generating revenue.
• B) controlling inventory.
• C) managing cash flows.
• D) balancing assets with liabilities.

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Definitions:

Maiden Name

The surname a woman has before she gets married and often changes her surname.

Avoiding

A conflict management style of not paying attention to the conflict and not taking any action to resolve it.

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner.

Not Paying Attention

The lack of focus or concentration on a task or the present moment, often leading to errors or missed information.