Question Completion:
Choose the correct answer below
(1) in-store customers appear to be middle aged, have higher annual income and live further distance away from a store
(2) in-store customers appear to be generally younger, have lower annual income and live near a store
(3) Online customers appear to be generally younger, have higher annual income and live further distance away from a store
(4) Online customers appear to be middle aged, have lower annual income and live near a store
Answer:
Zeitler's Department Stores
Online and In-store Customers:
According to the parallel coordinates plot, online customers are differentiated from in-store customers in the following ways:
(3) Online customers appear to be generally younger, have higher annual income and live further distance away from a store
Explanation:
Younger persons tend to embrace technology more than their older counterparts. Based on this, they also engage on online purchasing of goods and services instead of visiting the traditional brick-and-mortar stores. With online purchase, a customer is in better control because she can search for the best deals from any location.
The consumer credit law is designed to support and protect consumers by mandating creditors to disclose credit terms to consumers.
This backed by the The Consumer Credit Protection Act which protects consumers from loan sharks, restricts the garnishing of wages, and established the National Commission on Consumer Finance to investigate the consumer finance industry.
<h3>The Federal Trade Commission</h3>
The Federal trade commission is an agency saddled with the task of helping and protecting unsuspecting consumers from trade fraud.
They do this by stopping unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights.
<h3>Better Business Bureau</h3>
The Better Business Bureau is a non profit organization whose main aim is mission is to focus on advancing marketplace trust in the United states.
Learn more about the Federal Trade Commission at brainly.com/question/8244775
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It’s either b or c I’m not sure tho
False, you can get an income many other ways such as working for yourself and selling goods.
Answer:
a. Commercial banks ⇒ Loans from these institutions are in high demand but given only to those who are good credit risks.
b. Consumer finance companies ⇒ These institutions are known as small loan companies with most loans for $5000 or less.
c. Credit unions ⇒ These are nonprofit organizations whose loan interest rates are relatively low.
d. Savings and associations ⇒ These institutions mainly make mortgage loans.
e. Sales finance companies ⇒ These institutions generally offer higher interest rates than many other types of institutions because the vendor of the item being financed arranges the financing and must be paid for that service.
f. Life insurance companies ⇒These institutions usually carry variable interest rates and need not be paid back.