Why Did Soviet-American Relations Become Strained in 1960

question 10

Multiple Choice

Why did Soviet-American relations become strained in 1960?

• A) A Soviet spy plane was shot down within U.S. borders.
• B) An American spy plane was shot down within Soviet borders.
• C) The Soviets resumed atmospheric tests of nuclear weapons.
• D) The United States discovered that Soviet missiles had been installed in Cuba.
• E) The United States resumed atmospheric tests of nuclear weapons.

Identify strategies to optimize the operating cycle and cash cycle.

Recognize various financing options available for managing short-term liquidity.

Identify the significance of the cash cycle and operating cycle in financial management.

Understand the impact of credit policies on cash flow and customer relationships.

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Definitions:

Reactive Change

Change that occurs after external forces have already affected performance

Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance, such as cost, quality, service, and speed.

Six Sigma

A set of principles and practices whose core ideas include understanding customer needs, doing things right the first time, and striving for continuous improvement.

Continuous Improvement

An ongoing effort to enhance products, services, or processes, often involving incremental and breakthrough improvements.