Question: 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
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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