Ach Business Unit and Department Should Have a Clear Understanding

question 19

Multiple Choice

ach business unit and department should have a clear understanding of the ________ of the whole firm and have a departmental _________ that complements and aids the overall __________ execution of the firm.

• A) goals / plan / strategy
• B) strategy / plan / goal
• C) strategy / strategy / strategy
• D) strategy / plan / strategy
• E) plan / plan / strategy

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Definitions:

Prompt Payment Discounts

Incentives provided by sellers to encourage buyers to pay their invoices early.

Quantity Discounts

Price reductions offered to buyers purchasing in large volumes.

Collection Expenditures

Expenses associated with collecting payments from customers, including billing, mailing, and legal costs.

Bad-Debt Losses

Financial losses incurred when borrowers fail to repay their loans.