It Is Not True That

question 4

Multiple Choice

It is not true that:

• A)If the firm is too generous in extending credit bad debts will occur
• B)If credit policies are too strict valuable customers may be lost
• C)A credit report from a credit rating agency is an important method of checking on customer's credit history
• D)Generally firms offer too much credit to customers

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Definitions:

Yerkes-Dodson Law

Law stating that when tasks are simple, a higher level of arousal leads to better performance; when tasks are difficult, lower levels of arousal lead to better performance.

Need for Achievement

A psychological trait that drives individuals to succeed in their goals, often pushing them to overcome challenges and achieve high standards.

Physical Activity

Physical activity refers to any bodily movement produced by skeletal muscles that requires energy expenditure, including activities undertaken while working, playing, carrying out household chores, traveling, and engaging in recreational pursuits.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other stimuli.