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A policeman refuses the money offered to him under the table and arrests the offender because he believes this is his duty as an officer of peace and order. According to Kohlberg, which of the following moral development stage is the policeman in?
Economic Ordering Quantity
A formula used to determine the optimal order size that minimizes the total cost of inventory management, including holding and ordering costs.
Red-Line
In finance, "red-line" or more commonly "redlining," refers to the unethical practice where banks refuse loans to neighborhoods based on racial or ethnic composition. If this term is meant in another context, it might not be a recognized key term.
DSO
Days Sales Outstanding, a measure of the average number of days it takes a company to collect payment after a sale has been made.
Credit Department
A division within a financial institution or company responsible for assessing credit risk and approving credit to customers.
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