Examlex
If a company would like to reduce its average collection period, it can either offer a cash discount or increase net terms.
Groupthink
A mental occurrence among a group of individuals where the need for agreement or uniformity leads to illogical or ineffective results in decision-making.
Hidden Agendas
The secret wishes, hopes, desires, and assumptions hidden from the group. People often try to accomplish hidden agendas while pretending to care about the group goals.
Secret Wishes
Hidden desires or aspirations that an individual may not openly acknowledge or share.
Legitimate Power
Authority that is recognized and accepted by others within an organization or society, often derived from a position or role.
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