Today, Businesses Have Changed Dramatically Because

question 10

Multiple Choice

Today, businesses have changed dramatically because:

• A) the economy has shifted from a dependence on manufacturing to a focus on providing timely, quality service
• B) the global recession of the twentieth century
• C) the shift from traditional marketing to internet marketing
• D) of political changes in the world

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Definitions:

Lower Limit

The minimum value in a range of acceptable or possible values, often used in statistics and quality control.

Target Cash Balance

The ideal amount of cash that a company aims to maintain in order to manage daily financial operations and contingencies effectively.

Collection Float

The amount of time it takes for money from checks or other types of payments to be processed and available in the company’s account.

Disbursement Float

The interval between the issuance of a check and the actual deduction of the amount from the issuer's account.