Cash Management
Among the cash management techniques used by most businesses are those that slow down their bill payments. A good example for this is the concept of cash rebates. Cash rebates are most commonly offered on household items like computers and other electronics.
Select a business with which you are familiar, and explain whether you would recommend this business to use cash rebates.
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- Research “cash rebates” and other similar cash management techniques.
- Answer the following questions:
- Are these practices sound business decisions? Are they ethical? Explain.
- What percentage of the rebates offered are actually paid?
- Select a business of which you are familiar, and answer the following question:
- Would you recommend that this business use cash rebates?
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