Which of the Following Statements Is True

question 40

Multiple Choice

Which of the following statements is true?
I.New companies must be prepared to incur more bad debts than established businesses as part of the cost of building up a good-customers list.
II.Generally,repeat orders warrant easier credit terms.
III.Companies with high profit margins need to be particularly careful about extending credit to high-risk customers.

• A)I only
• B)II only
• C)III only
• D)I and II only

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Definitions:

Critical Evaluator

A critical evaluator assesses projects, ideas, or performance with a focus on identifying strengths, weaknesses, and areas for improvement.

Outside Evaluators

Independent experts or organizations hired to assess the quality, effectiveness, or value of a program, project, or institution.

Force Field Analysis

A method used to identify and examine the forces for and against a change or decision, developed by Kurt Lewin.

Barriers to Change

Factors or conditions that prevent or hinder the process of change within an organization or an individual's life.