What Is NOT a Smart Way to Improve a Company

question 7

Multiple Choice

What is NOT a smart way to improve a company cash position?

• A) Collect prepayments from customers
• B) Reduce inventory to just what you need for immediate production
• C) Try to replace capital purchase with leases or rentals
• D) Prepaying expenses

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Definitions:

Voice

In a workplace context, voice refers to the means by which employees express opinions, concerns, or suggestions to influence decision-making processes.

Image Handling

The process of managing and influencing public perceptions of an organization, product, or individual through various communication strategies.

Data Handling

The process of collecting, storing, processing, and managing data.

Extranets

Private networks that use Internet technology to share part of a business's information or operations with suppliers, vendors, partners, customers, or other businesses.