All Star Sporting Goods seeks short-term financing to complete much-needed repairs on their retail store. All Star decides to offer up their inventory as collateral in return for a 20,000 from their bank. This is an example of:
A) trade credit.
B) a secured loan.
C) a promissory note.
D) equity financing.
E) factoring.
Question 2
Which of the following is a component of Taylor's methods of scientific management?
A) Employee-of-the-month awards
B) Time-motion studies to optimize methods for completing a task
C) Giving employees management attention
D) Keeping employees happy and satisfied
E) Providing employees advancement opportunities
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