A Learning Organization Is One That Has Developed __________

question 130

Multiple Choice

A learning organization is one that has developed __________.

• A) training programs to educate its employees
• B) the capacity to adapt and change
• C) significant market entry barriers to deter competitors
• D) a sustainable competitive advantage that is easy to maintain
• E) intelligent systems to automate the most routine tasks

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Definitions:

Credit Period

The duration of time a buyer is allowed to pay for goods or services received, before interest or penalties begin accruing.

Collection Policy

The specific strategies and methods a company uses to manage the collection of its accounts receivable.

Credit Policy

The guidelines a company follows to determine the amount of credit to extend to customers and the terms of payment.

Credit Period

The time frame allowed by a seller for a buyer to pay for goods or services received, typically measured in days or months.