Which of the following typically has the lowest fees or cost to use?

Business

1 answer:

timama [110]3 years ago

4 0

Answer: A. Debit card

Among Debit card, Credit card, Cash advance and Payday Loan, a debit card typically has the lowest fees or cost to use. A debit card is a plastic payment card used instead of cash when making purchases. Unlike in a credit card, the money comes directly from the user's bank account when performing a transaction.

Credit cards, cash advance and a payday loan are the same in the sense that they extend a line of credit to their users. Users are then charged with an interest higher than the fee charged in using debit cards.

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The main stakeholders that the Y is attempting to reach with the information it has gained through its market research are the Primary stakeholders and the Secondary stakeholders.

There are three types of market research- Descriptive, Exploratory, and Causal. Y has conducted causal market research wherein the effect of change on the current operations is quantified.

Here, in this causal market research, Y is attempting to reach the Primary stakeholders and the Secondary stakeholders with the information it has gained through its market research.

Primary stakeholders are those individuals, groups or entities who are involved with the monetary transactions of an organization. Primary stakeholders include- employees, customers, investors, banks, lenders etc.

Secondary Stakeholders are the stakeholder who are not directly involved in a company, thus, they have indirect influence over the company. Secondary stakeholders include- competitors, government, trade unions, community etc. These groups do not have any financial interest in the company.

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To learn more about the stakeholders here:

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