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raketka [301]
4 years ago
15

What is a credit limit

Business
2 answers:
Mice21 [21]4 years ago
8 0
The maximum amount of credit you can use.
Helen [10]4 years ago
6 0
Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
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If a company creates and maintains a culture that encourages employees to bring new ideas into the company, it is most likely to
mrs_skeptik [129]

Answer: Option E

Explanation: Differentiation strategy refers to the strategy which a company uses to introduce a unique kind of product to the market so that a separate customer base could be prepared. This strategy is implemented to get competitive advantage over the others.

In the given case, company is encouraging its employees to bring new ideas. Hence they want some innovation for the betterment of the company.

Hence we can conclude that the company is using differentiation strategy.

3 0
4 years ago
Read 2 more answers
Juan Martinez, a systems engineer at a construction machinery company, just received his performance appraisal from his boss, Em
Tanya [424]

Answer: Contrast

Explanation:

Contrast error is a type of rating error whereby how a target person is evaluated in a group is dependent and affected by how others perform in that group.

Contrast error is used in appraising the performance of an individual and the rating of a candidate will be affected by how the person before him or her was rated. Based on the question, Juan was rated below average because the person before him was given an exceptional rating.

7 0
3 years ago
An investor in Treasury securities expects inflation to be 2.1% in Year 1, 2.8% in Year 2, and 3.95% each year thereafter. Assum
Fed [463]
In the solar system there is a lot of distance between mars and Jupiter. the main asteroid belt is in this area. whatgebbrbrbbebrbrbrb
4 0
3 years ago
Money owed for products and services purchased on credit to be paid at a later date is known as _____.
shepuryov [24]

Accounts Payable

Hope it helps!

6 0
2 years ago
The consumer price index (CPI) is calculated a. using a fixed basket of goods and, therefore, will tend to understate inflation.
jasenka [17]

Answer: b. using a fixed basket of goods and, therefore, will tend to overstate inflation.

Explanation:

CPI uses a fixed basket of goods each year and measure inflation by monitoring the changes in this basket over several years/ periods.

This has the tendency to overstate inflation however, due to three(3) main reasons: Substitution bias, Quality bias and New product bias.

With substitution bias, the CPI does not take into account that when products increase in price, people will substitute them for lower priced goods. Quality bias means that CPI does not account for change in quality. New Product bias means that CPI does not account for new and better products as it uses a fixed basket.

Put together these three can cause CPI to overstate inflation by as much as 1% sometimes.

7 0
3 years ago
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