Improvements to Cash Management Include ________

question 267

Multiple Choice

Improvements to cash management include ________.

• A) a reduction in the cash turnover
• B) a reduction in the cash conversion cycle
• C) an increase in the average age of inventory
• D) an increase in the credit period allowed to customers

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Definitions:

Multinational Corporations

Large businesses that operate and have assets in multiple countries, managing production or delivering services in various international locations.

Hardship Premium

Additional compensation provided to employees who are assigned to work in locations where living conditions are considered more difficult or hazardous than in their home country.

Exporting

The process of selling goods or services produced in one country to buyers in other countries.

International Business Strategies

International business strategies are plans developed by companies to operate and compete in global markets, taking into account different cultural, legal, and economic environments.