Use the Following Statements to Answer This Question

question 18

Multiple Choice

Use the following statements to answer this question:
I.Delaying payment of payables can create a buffer for the firm to keep its working capital.
II.If the firm cannot change its credit, payment, and inventory policies, it has to slow its growth to survive.

• A)I and II are correct.
• B)I and II are incorrect.
• C)I is correct and II is incorrect.
• D)I is incorrect and II is correct.

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Definitions:

Charismatic Leaders

Those leaders who are capable of having a profound and extraordinary effect on followers.

Communication Skills

The abilities used in effectively transmitting and receiving messages through verbal and non-verbal means.

Organization

An organization is a group of people who work together structurally to achieve a common goal or set of objectives through coordinated activities and efforts.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.