Examlex

Solved

Match the Following Numbered Items with the Most Correct Response

question 3

Multiple Choice

Match the following numbered items with the most correct response letter.
A response may be used once, more than once, or not at all.
You are contemplating opening a dry cleaning business in a commuter town. Assess the following information using SWOT analysis.
-How the organization uses its people and money


Definitions:

Cash Safety Stock

The minimum amount of cash that a company needs to keep on hand to protect against unforeseen variability in cash flow.

Safety Stock

Extra inventory held by a company to prevent stockouts caused by unforeseen variations in supply and demand.

Collection Time

The time duration that a business takes to recover the payments owed to it by its clients, often measured from the date of sale or service delivery.

Collection Float

The time interval between when a check is deposited in a bank and when the funds are made available.

Related Questions