Uptown Markets recently did an analysis of its credit policy and considered several different options.Once the analysis was completed and reviewed,the firm adopted the most optimal policy.The president then stated: "Now,that's done.So we don't ever have to go through that process again." Do you agree? Justify your answer.

Question

Quizplus · Accepted Answer

The Answer of Uptown Markets recently did an analysis of its credit policy and considered several different options.Once the analysis was completed and reviewed,the firm adopted the most optimal policy.The president then stated: "Now,that's done.So we don't ever have to go through that process again." Do you agree? Justify your answer.

Uptown Markets Recently Did an Analysis of Its Credit Policy