-Assess the external and internal factors that influence credit policy and decision making within a company that extends credit to its customer when providing a good or service on account. -Does having a bonus and/or possible promotion based on total sales possible cause standards for extending credit to a customer to be lowered such that the company may not receive payment from some customers? Why or why not? -Indicate which factor you believe is the most significant in today's business environment. Why is it the most significant?

Provide support for your rationale.