Question: 6. Explain how a company could: a) Avoid a backlog of orders when sales exceed expectations. b) Avoid product defects on new products. c) Offer
6. Explain how a company could:
a) Avoid a backlog of orders when sales exceed expectations.
b) Avoid product defects on new products.
c) Offer more credit to its customers when it already has a bad debt problem.
d) Improve its credit rating with suppliers after paying some late.
e) Lower its cost of financing when the market interest rate has increased.
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