When Managers Are Continually Short-Term Lenders,they Are Said to Follow

question 28

Multiple Choice

When managers are continually short-term lenders,they are said to follow a:

• A) middle-of-the-road financing strategy.
• B) restrictive financing strategy.
• C) relaxed financing strategy.
• D) permanent working-capital strategy.

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Definitions:

Fictive Kin

Individuals who are not related by blood or marriage but are considered and treated as family members due to strong bonds and emotional connections.

Legal Families

Groups of individuals related by blood, marriage, or adoption and recognized as such by law.

Social Convoy

A theory stressing the importance of social relationships that individuals accumulate over their lives, acting as a protective and supportive network.

Coworkers

Individuals who work together in the same organization or workplace.