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.

Answer rating: 100% (QA)

Certainly Here are strategies for each scenario a To avoid a backlog of orders when sales exceed expectations a company can implement the following strategies Increase production capacity Invest in ad... View the full answer