Application of the CAGE Framework Requires Managers to Identify Attractive

question 193

Multiple Choice

Application of the CAGE framework requires managers to identify attractive locations based on all of the following except ________.

• A) raw materials costs
• B) number of competitors
• C) access to consumers
• D) access to markets

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Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, particularly considered when assessing its liquidity.

Cash Budget

An estimation of the cash inflows and outflows for a business or individual for a specific period, used for managing liquidity and financial planning.

Working Capital Policy

A company's strategy concerning managing its current assets and liabilities to ensure it has sufficient liquidity to meet its short-term obligations.

Factoring Accounts Receivable

A financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.