Which of the Following Situations Would More Likely Not Result

question 42

Multiple Choice

Which of the following situations would more likely not result in bad debts?

• A)The company extends credit easily.
• B)The company has a strict credit policy.
• C)The company has a cash only policy.
• D)None of these answers are correct.

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Definitions:

Organizational Objectives

The goals or targets that an organization aims to achieve, which guide its operations and strategic direction.

Changing Environment

Encompasses the dynamic and evolving external and internal factors that affect an organization's operations, including technological advances, market trends, and social changes.

Collective Action

The pursuit of a goal or set of goals by people working together, often in the context of social or political actions, exemplified by movements, protests, or other group efforts.

Company Culture

The shared values, beliefs, and practices that characterize an organization and influence its employees' behavior and attitudes.