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Cindy Ho,VP of Finance at Discrete Components,Inc.(DCI) ,theorizes that the discount level offered to credit customers affects the average collection period on credit sales. Accordingly,she has designed an experiment to test her theory using four sales discount rates (0%,2%,4%,and 6%) by randomly assigning five customers to each sales discount rate.In Cindy's experiment,"average collection period" is ________.
Organization's Design
The process of structuring an organization's roles, responsibilities, and systems in a way that aligns with its goals and strategies.
Success
Achievement of an action within a specified parameter of time, effort, or both, often measured against preset known standards of completeness, excellence, or other metrics.
Woodward's Classification
A framework developed by Joan Woodward that categorizes firms into groups based on their level of technology and how it impacts organizational structure.
Process Technology
The combination of tools, equipment, methodologies, and techniques used to produce goods or services.
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