1) A student loan is an example of an unsecured debt. A secured debt is when a person has something as collateral like their automobile.
2) Unsecured debts usually have higher interest rates when compared to something with a secured debt.
Answer:
Correct option is (c)
Explanation:
In international market contract manufacturing is when one firm manufactures goods under another firm's label or brand. Under this type of manufacturing, a company seeks another company in a different country to manufacture goods for it. This is done as the it could be costly to manufacture goods in home country in terms of human resources and raw materials.
So, contract manufacturing, also called international outsourcing or international sub-contracting is a cost-effective way of manufacturing goods.
A century ago workers needed to develop the manual, industrial skills required for making things today workers in the postindustrial economy must develop the intellectual skills required to manipulate symbols.
A post-industrial economy is a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows.
Industrial Skills Training is a branch of training designed to develop the skills and knowledge required of workers in the process and manufacturing industries
Learn more about post-industrial economy here
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Answer:
C. a conference call
Explanation:
Conference call is used for conversation either within or outside a team in an organization. It connects people in different location together .
Much cost is not expended on conference call unlike physical meetings which might involve travelling longer distance.
One of the disadvantages of conference call is that conversation might not be fully rich due to the numbers of participants unlike one on one phone conversation.
Other means of having conversation within or outside an organization are through emails, text, social networking and video conferencing.
