In the Context of Working Capital Management in MNCs,credit Policy

question 25

Multiple Choice

In the context of working capital management in MNCs,credit policy involves consideration of:

• A)optimizing cash balances across countries where the MNC operates.
• B)pricing and credit terms.
• C)currency risk and local market conditions.
• D)credit rating of customers and competition.

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Definitions:

Assign Blame

The act of identifying and attributing responsibility for a mistake, fault, or wrongdoing to a person or entity.

Granting Claims

The process of recognizing and approving requests or demands, often in a legal or financial context.

Good News

Information or messages that are positive, favorable, or beneficial in nature, often leading to happiness or satisfaction.

Direct Approach

A communication method where the main point is stated at the beginning, followed by supporting details, often used in business writing.