Business High School

Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?

Answers

Answer 1

Answer:

The Best 5 Reasons For Businesses to Extend Credit

Additional Cash Flow. If customers can put off payment without consequences, they will. ...

Additional Sales

Additional sales will come in the form of customers spending more money on your products and services. ...

Higher Customer Loyalty. ...

Leverage During Negotiations. ...

Simple Technique For Extending Credit.

When selling on credit, there is a chance that the customer may go bankrupt and fail to pay you. The company will lose revenue. The company will also have to write off the debt as bad debt

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Related Questions

Discuss any five items of government expenditure in Nigeria

Answers

Answer:

Government expenditure items, whether recurrent or capital, are usually classified into four major groups, namely: administration, economic services, social and community services and transfers.

can i have one sentence on how you would describe your favorite icecream

Answers

Answer:

it is chocolatey and peanut buttery and tasty i like moose tracks.

Explanation:

Answer:

My favorite ice cream is minty, with chocolate chunks!

Explanation:

Write a 600 word summary in your own words that identifies the main points you learned. Your summary should include at least one question and answer from each quiz. Explain your answers. Use a publishing program to create a safety poster to make workers aware of safety hazards.

Answers

To write a summary with the main points about your learning on a topic, it is essential that you organize your ideas in a logical and objective way. You can also conduct research on trusted sources to increase your information on the topic and the reliability of your ideas.

The statement also calls for a safety poster to be created to make workers aware of safety risks. Some tips for creating an effective poster are:

Use visuals like meaningful imagesUse flashy colors and phrasesHighlight the main points of the subjectDon't use too much text

How to make an effective summary?

It is essential to find the central idea of ​​a text to create your abstract, you can find it in the introduction and usually in the conclusion, where it will be reiterated and justified. After finding the key points of the text, organize them objectively and succinctly, bringing clarity and understanding on the topic.

Therefore, to retain and engage the reader's attention in an abstract or poster on a subject, it is necessary to pay attention to the structure of the activity, using clear and objective language, aligned with the central purpose.

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