BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following comes under long term decisions?
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Should we take an overdraft to cover up the cash shortages?
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Should we expand into Asia?
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Should be extend the credit period to the customers?
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Should we increase the level of stock?
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Explanation:
Detailed explanation-1: -There are three main factors that drive economic growth: Accumulation of capital stock. Increases in labor inputs, such as workers or hours worked. Technological advancement.
Detailed explanation-2: -The long-term economic growth of a nation can be attributed to the growth of measured factor inputs, such as physical capital, labor, and human capital, and to technical progress (including improvements in efficiency).
Detailed explanation-3: -Key factors affecting the long-term economic outlook include the aging of the population, productivity growth, and interest rates.
There is 1 question to complete.