Horizontal Communication Is Not an Important Concept in the Traditional

question 3

True/False

Horizontal communication is not an important concept in the traditional model.​

---

Definitions:

Receivables Financing

A type of financing where a company uses its accounts receivable as collateral to secure short-term financing, improving liquidity.

Operating Cycle

The time period between the acquisition of inventory by a business and the collection of cash from accounts receivable.

Inventory

The total amount of goods or materials held by a company for the purpose of resale or production.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services based on the holder's promise to pay for them.