Which of the Following Is True About the Political Strategy

question 16

Multiple Choice

Which of the following is true about the political strategy that emphasizes building alliances?

• A)Partners to alliances often withdraw support because they know that managers might not support them in the future.
• B)Building alliances requires distributive negotiation.
• C)Building alliances can help create beneficial relationships inside an organization but not outside.
• D)Alliances can help managers achieve their goals and implement needed changes in organizations.
• E)Managers need not focus on ethical and legal issues when building alliances.

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Definitions:

Bad Debts Expense

Bad debts expense represents the estimated amount of accounts receivable that a company does not expect to collect due to customers' inability to fulfill payment obligations.

Notes Receivable

Financial assets representing the right to receive payments from a debtor for a specified amount by a certain date.

Receivables Turnover

A financial ratio indicating how quickly a company collects outstanding accounts receivable.

Current Ratio

A liquidity ratio that measures a company’s ability to cover its short-term liabilities with its short-term assets.