Helena Furnishings Wants to Reduce Its Cash Conversion Cycle Sharply

question 101

Multiple Choice

Helena Furnishings wants to reduce its cash conversion cycle sharply.Which action should it take?

• A)The company should increase its average inventory without increasing its sales.
• B)The company should reduce its DSO.
• C)The company should start paying its bills sooner, which reduces its average accounts payable without reducing its sales.
• D)The company should increase its DSO.

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Definitions:

Social Entrepreneurship

A practice where individuals or organizations use entrepreneurial principles to organize, create, and manage a venture to achieve social change or address social needs.

Leadership Theories

Various concepts and models that explain the factors determining effective leadership, the behaviors of leaders, and how leaders motivate and influence others.

Disruptive Strategies

Business tactics that radically change the competitive landscape or market conditions, often through innovation or new approaches.

Social Entrepreneurship

Entrepreneurial efforts focused on solving social problems or effecting social change through innovative solutions.