A Company with National Sales but Only One Large Manufacturing

question 159

Multiple Choice

A company with national sales but only one large manufacturing operation and one administrative headquarters located in the same large northeastern city would most likely use which of the following techniques for cash management?

• A) lockbox system
• B) zero balance accounts
• C) payable-through drafts
• D) bankers' acceptances

---

Definitions:

Executive Coaching

A personalized development process whereby an experienced coach works with executives to enhance their leadership skills and achieve professional goals.

First-Level Managers

Managers who are responsible for the immediate supervision of non-managerial employees and the day-to-day operations of an organization.

Team Building

A process of enhancing social relations within teams, often involving collaborative tasks.

Facilitator

An individual who guides a group's process to ensure effective operation, helping members to communicate more effectively and to solve their problems.