In Which of the Following Situations Would an Organization Most

question 8

Multiple Choice

In which of the following situations would an organization most likely use a cross-functional sales team?

• A)To sell a $200,000 printing press to a company that publishes school directories for colleges,universities,and high schools all over the United States
• B)To convince pharmacies to promote a new cold remedy
• C)To implement an ad campaign for a local used car dealer who claims to sell at least 50 cars in a month at a good profit margin
• D)To replace a couple of computers in a university computer laboratory

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Definitions:

Accounts Receivable Turnover

A financial metric that measures how often a company collects its average accounts receivable balance in a period.

Accounts Payable Turnover

A financial ratio that measures the rate at which a company pays off its suppliers by dividing total purchases by average accounts payable for the period.

Cash Surplus

A situation where a business or individual's income exceeds its expenditures, resulting in available cash for saving or spending.

Cash Balance

The amount of cash that a company or individual has on hand at any given time.