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Cindy Ho,VP of Finance at Discrete Components,Inc

question 93

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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%) . First,she classified DCI's credit customers into three categories by total assets (small,medium,and large) . Then,she randomly assigned four customers from each category to a sales discount rate. In Cindy's experiment "sales discount rate" is ________.


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Technology

The application of scientific knowledge for practical purposes, especially in industry.

Early Neutral Evaluation (ENE)

A process similar to that of a settlement hearing, which may result in a final decision or be used to help shape the final decision.

Mediation

A form of alternative dispute resolution where a neutral third party helps disputants reach a voluntary, negotiated agreement.

Arbitration

Arbitration is a form of alternative dispute resolution where a neutral third party, known as an arbitrator, makes decisions to resolve a dispute outside of court.

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