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Anxiety is a/an _________ that arises in response to how we interpret and appraise an environmental situation such as competition.
Management Policy
Guidelines and rules set by an organization's management to direct operations and decision-making in alignment with the company's objectives.
Credit Policy
A credit policy is a set of guidelines that a company follows to determine credit limits, payment terms, and how to manage delinquent accounts for its customers.
Terms of Sale
The conditions under which a sale is made primarily with respect to payment. Terms include a date on which payment is due and often specify a prompt payment discount that may be taken if payment is made within a specified time.
Lock Box Systems
A service provided by banks to companies for the quick collection of payments from customers by directing those payments to a special post office box.
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