Question: Discuss the pros and cons of providing credit to customers
Discuss the pros and cons of providing credit to customers. If you do decide to provide credit, what policies should you establish and enforce?
Answer to relevant QuestionsDiscuss how the use of EOQ and re-order calculations can benefit a retail business. What are the drawbacks using these calculations? What types of insurance should a small business have? Give your reasons for maintaining each type of coverage. Can you think of anything you could have said to your lawyer to get a better outcome during the negotiation with 50 Cent? 1. Legally, is there any reason why Beatrice must sell to Peg? 2. What do you think happened next in the case? Why would that happen? 3. Do you think that Peg’s offer was fair? If not, propose what you think is a fair ...Whether you hire a part-time or full-time employee, in what ways can you ensure that each type of employee knows and values your company’s mission?
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