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Gelneren [198K]
3 years ago
10

Which of the following is an advantage of consumer credit?

Business
1 answer:
Ksivusya [100]3 years ago
8 0

D. It can allow you to save money if you time your purchases correctly.

For example, you could purchase something when it goes on sale and pay it off with minimal interest rather than waiting to save up money and buying at full price. (the other answer choices are all disadvantages to consumers).

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Contrary to recommendations by consumer credit counselors, most consumers don’t keep written track of their purchases, relying i
Viktor [21]

Answer:

mental budgeting

Explanation:

This is an example of mental budgeting because mental budget reduce the resistance that consumers feel when buying more than one item.

If you have a wide range of products, especially the spectrum of "serious", from need to fun then you can promote purchases in the mix  categories.

so answer is mental budgeting

5 0
3 years ago
Which costs will change with a decrease in activity within the relevant range? Select one:
Harman [31]

Answer:

The correct answer is option b.  

Explanation:

The fixed costs refer to that part of the cost of production which is not affected by the volume of activity. The total fixed cost remains constant in the entire production process.

The fixed cost per unit is the ratio of total fixed costs and the level of output. It increases with a decrease in level of activity.

The variable cost is the cost incurred on the variable inputs employed in the process of production. As the level of activity declines the number of variable factors employed will also decline. This will cause the total variable cost to decrease.

6 0
2 years ago
When jonah communicates a vision of providing customers with excellent service, he is acting as
Schach [20]

His acting as a good customer service, because Good customer service is the lifeblood of any business. You can offer promotions and slash prices to bring in as many new customers as you want, but unless you can get some of those customers to come back, your business won't be profitable for long.

3 0
3 years ago
_____ is a method to increase employee productivity by making changes to the way work gets done by focusing on the characteristi
Katarina [22]

Answer:

Redesigning work

Explanation:

Redesigning work refers to reviewing work tasks and job responsibilities in order to optimize the way employees perform their tasks and increase their efficiency and productivity. Redesigning work may include reallocating staff to different areas, increasing their number where they are needed in order to increase total output. It may also include changing the processes involved in the production of goods, customer care services, and even changing the company's organizational structure.

The final goal of redesigning work is to both increase efficiency and total output, and increase employees' satisfaction.

7 0
2 years ago
Most investors are risk-averse, which means they:
DochEvi [55]

Answer:

"Require an increase in return for any increase in risk"

Explanation:

A risk-averse investor would not consider the choice to risk $1,000 loss with the possibility of making $50 gain to be the same risk as a choice to risk only $100 to make the same $50 gain.

A risk-averse individual has a low risk tolerance or a high risk aversion. These conservative investors are willing to accept little to no volatility in their investment portfolios. Investors who are looking for "safer" investments typically invest in savings accounts, bonds, dividend growth stocks and certificates of deposit (CDs).

5 0
3 years ago
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