The secured credit cards are backed by a collateral deposit against the risk of default in repayment by the cardholder. Each card is liable to be repaid by the cardholder with the amount of purchases being made.
<h3>What is a credit card?</h3>
A card, or a form of plastic money, issued by a financial institution in such a way that the person to whom such card is issued can utilize it to purchase goods and services on credit, is known as a credit card.
A secured credit card is a safe and risk-free form of issue for the issuer, as it is covered by a security deposit as a collateral. Repayment is done either out of the deposits, or by manual payment by the cardholder.
Hence, the significance of a credit cards is given.
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Answer:
a. Is caused by changes in the business cycle.
Explanation:
Cyclical unemployment depends on the economic cycle that a country's economy is going through at a given time. In stages of recession or crisis, cyclical unemployment increases while in phases of expansion they decrease.
In economic terms, cyclical unemployment is said to be a fluctuation in the unemployment rate with respect to its natural rate, that is, the unemployment rate that cannot be reduced and is considered normal in an economy.
Cyclical unemployment increases when there is a fall in the economic activity of a country. In times when companies reduce their sales and investments, the demand for work is also reduced, so some people are laid off from their jobs while others cannot find a new job.
This type of unemployment is expected to reduce as economic activity begins to reactivate.
Answer:
how to create value for customers ???
Explanation:
The American Marketing Association, the official organization for academic and professional marketers, defines marketing as:
"Marketing is the process of planning and executing the conception,
pricing, promotion and distribution of ideas, goods and services to create
exchanges that satisfy individual and organizational objectives
"
Marking is all about Understanding What Customers Value and how to provide it to them.
Holacracy theory focuses on autonomy therefore, you need to enable your employees to use their innovative ideas to accomplish their tasks. In other words, the aim is to free employees from all administrative controls.
This can undermine Zappo's core values by customizing tasks. For example, Zappo's core values focus on teamwork, unity, and coordination among employees. Holacracy theory, on the other hand, focuses on enabling employees to perform tasks independently. thus reducing employee involvement.
Wells Fargo has the power of corporate culture been more evident than at Wells Fargo Bank. For better or worse, the culture within an organization influences employee behavior. Consider the case of Wells Fargo Bank. At this bank, employees were under pressure to mix and sell products to customers.
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The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
<h3>What is a zero-based budget?</h3>
A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.
The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.
In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
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