Attempting to Get Others to Do What We Want Is

question 144

Multiple Choice

Attempting to get others to do what we want is

• A)commitment.
• B)power.
• C)charisma.
• D)influence.

Understand the mechanisms to reduce collection float and the role of electronic payments in managing float.

Recognize the costs associated with holding too little or too much cash, and the role of money market instruments in liquidity management.

Learn the effects of environmental factors on float management.

Understand the calculations involved in determining net float and the implications for cash management.

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Definitions:

Hans Selye

A pioneering Hungarian-Canadian endocrinologist known for his research on stress and the development of the General Adaptation Syndrome model.

Reactions

the responses or behaviors that result from some sort of stimulus or change in the environment.

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, comprising of three stages: alarm, resistance, and exhaustion.

Physiological Exhaustion

This refers to a state of extreme physical or mental fatigue usually resulting from prolonged stress or activity, leading to a diminished capacity for work or other activities.