Banking crisis just started-reducing availability of credit

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Describe one way that a financial manager of a retail company would efficiently adjust his company’s financial management practices to each of the following changes in market conditions: (a) a big competitor enters the market; (b) technological progress makes it easier to sell online; (c) it’s the beginning of the Christmas season; (d) the economy just entered a recession; (e) a nationwide banking crisis just started, reducing the availability of credit.

Reference no: EM13929714

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