- Travel and Entertainment Credit - Consumers use cards with no interest and non-revolving balance.
- Revolving Check Credit - Consumers use prearranged loan using special checks.
- Closed-End Credit - Consumers pay off dept and credit is automatically renewed.
- Revolving Credit - Consumers take out a loan with a repayment date and have a specific purpose.
<h3>What is meant by Consumer Credit?</h3>
Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.
Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.
Installment credit is given for a predetermined time period and is utilized for a specified purpose.
Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.
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Answer:
D. Top management
Explanation:
The top management of a company has the duty to oversee the entire company's operation. They are also the one that make a decision which will heavily influence the company's position in the future.
A decision for company to do business with subsidiaries with another country possess a lot of risk. It tends to require a lot of investment but with equally higher return. Decision with this magnitude will most likely fall to the hands of the top managers in the company.
Answer:
The correct answer is letter "A", "B", "C", and "D".
Explanation:
Direct response messaging aims to provide customers with a clear response to a claim or concern they have. First, the letter is replied with the same subject of the previous correspondence to demonstrate the case is being followed. Then, all <em>relevant information is provided at the beginning </em>of the letter. The <em>questions or doubts of the customer must be answered in the order asked</em>. If necessary, <em>graphics can be used to help customers understand easier</em>. Finally, <em>the letter must have a forward-looking statement in the closing</em> showing willingness to provide further help if needed.
Ohio State University's research on initiating structure and consideration was focused on identifying the task-oriented aspect of leadership.
Task-oriented leadership occurs when the manager specifies the group's tasks and delegates assignments to each member, through clear processes and with a set deadline for completion.
In task-oriented leadership, the leader will clearly establish the initiation structure by organizing the group's actions guided by a well-defined schedule.
Therefore, Ohio State University research was focused on identifying task-oriented leadership, which is used to structure the workplace by directing the achievement of tasks and priorities through completion in the allotted time.
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That is intiative, its basically commiting yourself to doing something and putting everything else behind you
