Problem:
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.
Research "cash rebates" and other similar cash management techniques. Answer the following questions:
1. Are these practices sound business decisions? Are they ethical? Explain.
2. What percentage of the rebates offered are actually paid?
3. Select a business of which you are familiar, and answer the following question:
4. Would you recommend that this business use cash rebates?