Which Business Function Involves Credit Management/collecting Funds from Customers

question 283

Multiple Choice

Which business function involves credit management/collecting funds from customers?

• A) accounting
• B) production
• C) marketing
• D) finance

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Definitions:

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives, both at individual and organizational levels, to guide actions and track progress.

Reality Checking

The act of verifying the truth or accuracy of a belief or perception against the facts or actual experience.

Coach

A peer or manager who works with an employee to motivate the employee, help him or her develop skills, and provide reinforcement and feedback.

Motivate

To provide someone with a reason or incentive to do something.