The perception of prestige and status as a means of differentiating a product
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.
For a contract to be legally binding and enforceable, consideration must be exchanged. A legally enforceable contract can either be written or oral. However, depending on the nature of the transaction, some contracts might need to be written down to be enforceable. Hope this helps
If the same person served on the boards of directors of competing firms, she would be participating in an interlocking directorate.
<h3>What is interlocking directorate?</h3>
Interlocking directorate is when a person, who is a director in a company, accept the position of a director in a competing firm. It is the practice of the same individual being a member of multiple boards in companies.
Here, a member of one corporation's board of directors in that corporation as well as the board of another corporation or management of another corporation in business practice.
The above means that a corporate directorate includes one or more members who serve simultaneously in the directorates of other firm.
Learn more about interlocking directorate here: brainly.com/question/13963102
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Answer:
C) Environmental scanning
Explanation:
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.
Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.
Hence, the search for an information that isn't immediately evident and sorting through or analyzing that information to interpret what is important to an organization is generally referred to as environmental scanning.
