Answer:
A cardholder fails to make a minimum payment one month.
Explanation:
A credit card late-payment fee is the fee charged by a credit card issuer because the card holder fails to pay his debt at the minimum payment deadline. This fee can be very high up to $40 depending on the card issuer. Some card issuers charge very low payment fee or no payment fee at all, therefore if you know you are someone who forgets to pay debts at the due date use credit cards that charge low payment fees.
Of course it is it would be bad if something went wrong and the borrower had to repay it.
Another term for the word "vertical hierarchy" is "the chain of command." A vertical hierarchy is an organisational structure that looks like a pyramid. Located at the topmost portion of this "pyramid" are the executives of a company, and below it are the supervisors in different departments and divisions.
Answer:
Poor customer service.
Betta Bakery has employees that lack good customer service skills. People generally do not like to be helped by people who cannot relate with them appropriately in the service industry and will generally avoid places that have such people. This will therefore lead to a loss of sales for Betta.
Competition from Quality Bakery.
Betta Bakery is facing stiff competition from a rival bakery known as Quality bakery and with the problems they are facing internally such as poor customer service, Quality bakery is able to lure customers away from Betta thus reducing their sales even further.
Stolen Equipment.
Betta bakery is having to spend money on the replacement of their equipment after some were stolen on account of the high crime rate in the area. These replacement costs reduce Betta bakery's profitability.
Answer:
9.33%
Explanation:
Calculation to determine his annualized real rate of return on this investment
Annualized real rate of return=[($7,000-$5,000/ ($5000*3) *100] -4%
Annualized real rate of return=13.33%-4%
Annualized real rate of return = 9.33%
Therefore his annualized real rate of return on this investment will be 9.33%
