Answer:
In forecasting accounts payable, one of the relevant questions is:
What is the cash conversion cycle?
Explanation:
The variables used in computing the cash conversion cycle include accounts receivable days, inventory turnover days, and accounts payable days. Specifically, cash conversion cycle (CCC) is the period in days that it takes the firm to convert cash into inventory, then into sales, and finally back into cash. To gain a good understanding of accounts payable, one should always consider the major inclusive metric.
Answer:
A) The marketing research process
Explanation:
Marketing research process is the collection, analysis, and interpretation of data relating to the marketing conditions. It consist of the systematic process of planning and executing marketing objectives and also solving marketing related problems
Defining the problem, developing the research plan, collecting information, analyzing information, presenting the findings and lastly making decision.
It is so they have more money for the business
Answer: Have a sellable plan, be innovative & consistent
Explanation:
There are some things to consider that would guide you on a successful part in any venture you going into.
1) Have a plan, a sellable one; people would only buy what they need, so going into business, are you selling what they need or what you feel like doing?
2) Be innovative; innovation is one item that keeps you in market above others for a long time, if you can't be innovative, you'll leave the market earlier than you would ever imagined.
3) Be consistent; doing business is really hard, especially when you intend succeeding. You have to be consistent both in good and bad days, the result of these speaks over time.
Answer:
central tendency distributional error
Explanation:
There are three types of distributional errors:
- severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
- leniency.- when the person in charge of rating is too lenient and rates the employees with a high grade.
- central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.
