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They can settle their creditor debtor relations out of court through a WORKOUT.
A workout refers to an out of court arrangement in which a debtor and a creditor reach some agree about how the debtor is going to pay the creditor back.
Answer:
Just in time inventory system
Explanation:
Just in time inventory system is on that ensures that the amount of a product needed is available to the consumer and no more is stockpiled.
For this inventory style to be successful the business will need to forecast accurately the demand of customers.
Just in time inventory system is aimed at increasing efficiency and reducing cost such as storage cost.
There is little or no delay time and idle-in process and finished goods inventory
Answer:
Explanation:
Make sure you use pen so no one can erase what you put. Also make a line after you right the number so people can't add more numbers. Also don't give a check to anyone that you don't trust!
EXAMPLE ATTACHED
Answer: E - The technology which the company is considering adopting was recently developed and has not yet been successfully implemented in a real business context.
Explanation: the company would be able to recover the cost of adoption of the new technology . This strengthens the argument that the upgrade should take place.
The new technology would improve cost of production and efficiency. This strengthens the argument that the upgrade takes place.
Because the upgrade hasn't been successfully tested, it might have an unintended negative impact which would erode all the benefits of the upgrade