Match the Person or Term with the with the Correct

question 31

Multiple Choice

Match the person or term with the with the correct description.
-House of Burgesses

• A)principles of religious toleration
• B)believed the spirit of God dwelled in all persons
• C)gave five to seven years of service for passage to America
• D)first elected assembly in colonial America
• E)charter company that established Jamestown
• F)first written frame of government in British America
• G)a religious compromise for the descendants of the Great Migration
• H)primary crop of the Chesapeake colonies
• I)argued that the Church of England was still too Catholic
• J)granted fifty acres to anyone who paid his own passage
• K)a political movement favoring expanded liberties
• L)written in 1215,this document was said to embody English freedom

Understand the variables involved in the decision-making process of extending credit terms.

Understand the concept of independent and derived demand in inventory management.

Calculate incremental cash inflow and net present value (NPV) related to credit policy changes.

Grasp the significance of safety stocks and their impact on average inventory and economic order quantity (EOQ).

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Definitions:

Leads

Potential customers who have shown interest in a company's product or service and may eventually result in a sale.

Cold Canvassing

The process of approaching potential customers or clients unsolicited, without prior contact or appointment, typically in person or over the phone.

Sales Calls

The act of contacting potential customers directly, typically over the phone or in person, to promote and sell products or services.

Product

An item or service created through a process and offered to the market to satisfy a need or want.