Answer:
The two categories of sources of credit are formal and informal sources.
Explanation:
The formal source of credit as the name implies is an official means of obtaining loans. Its features include,
1. It is administered by corporate institutions like banks and other lending bodies.
2. It is regulated by a body in the relevant country.
3. There are recognized and standard interest rates that must be paid by the borrower.
4. It is guided by laws which both parties are expected to keep.
The Informal sources of credit are unofficial means of borrowing funds There features include,
1. They can be obtained from friends, relatives, and acquaintances.
2. There are no standard interest rates as these are determined by the lenders.
3. There are no official bodies to regulate the lending process.
4. They are mostly used by poor businessmen and women who need small loans.
Answer:
Born: 1892.
Birthplace: Atlanta, Texas.
Bessie Coleman picked cotton as a child, but her mother was determined that her thirteen children get an education. Bessie graduated from high school and went to Chicago where she worked in a barber shop, ran a chili parlor, and discovered airplanes. ...
Died: 1926.
Explanation:
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Answer:
C. James II was peacefully overthrown by the English people
Explanation:
It was named the Glorious Revolution because the people had just experienced a huge civil war in order to drive off the king, but when they overthrew the king this time, there was no bloodshed.
ANSWER: VIRTUAL TEAM
EXPLANATION:
A VIRTUAL TEAM is also referred to as distributed team or geographically dispersed team, or remote team.
A VIRTUAL TEAM refers to a group of personnel or individuals who work together from varrying or different geographic locations and rely/linked by information and communication technologies.
Examples of incorporated information and communication technologies include email, FAX, and video or voice conferencing services (e.g Skype).
The main reason of this link is to enhance collaborative efforts of the individuals involved towards achieving a particular goal or task.
However, two types of virtual team had been described, which are Global Virtual Team and Local Virtual Team.
Global Virtual Team are located in different countries/cities all over the world. This team may comprise employees of different companies, joining their efforts and resources, towards a shared project and achieving a common goal.
Whereas, members of Local Virtual Team usually belong to the same company, which is either big or small, having adequate resources (information and communication technologies) to establish and maintain virtual team workplaces. Hence, enhancing its employees into a productive remote group.
The answer is: <span>the assumptions we make about the world.
This principle could be translated into two different people that give two opposite response in handling a same problem. (one succesful and one catastrophic)
One people could be influenced by optimism that make him/her believe tha the problems is not going the hurt them, while the other could be influenced by negative outlook that become self-fulfilling phropecy of his/her failure)</span>
