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noname [10]
3 years ago
8

By making minimum payments on a credit card, the consumer can​

Business
2 answers:
kifflom [539]3 years ago
8 0

Answer:

I think by doing this they build up their credit score.

Explanation:

 

Irina-Kira [14]3 years ago
5 0

Answer:

Explanation: By making minimum payments on a credit card, the consumer can guarantee the validity of the credit card and keep their credit valid, since as it is known, said cards  have a deadline on which the customer is made aware of everything related to payments, advances, in conclusion how the summary of your purchases goes. Similarly, a credit card also has a cut-off date, which stipulates the start and end of a monthly cycle at the time each payment is made to it.

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How can technological innovation help a company become globalised​
shutvik [7]

Answer: Technology is the vital force in the modern form of business globalization. ... Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place.

Explanation:

5 0
3 years ago
Thomas is the owner of a landscaping company that caters to a very wealthy clientele. His company has struggled to differentiate
ankoles [38]

Answer: The correct option is C.

Explanation: From the scenario given above, we can see that Thomas has not shown any intention to replace the expensive team members, the only option in this case would then be to properly utilize their expertise to the advantage of the company.

In order to do this therefore, a SWOT analysis would need to be carried out and utilized in gaining an edge over the competition.

In this case, Thomas would make sure that the expertise of all his team members are brought to bare, the company would analyze the competition to see where it is lacking in customer satisfaction, and then try to gain the upper hand by including features in their product that the competition does not have in theirs.

This strategy will help in achieving a competitive advantage.

5 0
2 years ago
Read 2 more answers
Which is riskier, but has the potential for a higher rate of return?<br>saving or investing
Arisa [49]
Investing <span>is riskier but has the potential for a higher rate of return</span>
7 0
3 years ago
Read 2 more answers
For individual taxpayers, deductible losses for tax purposes do not include _____. business losses investment losses personal lo
galben [10]
<span>For individual taxpayers, deductible losses for tax purposes do not include personal losses. </span>
6 0
3 years ago
A company must repay the bank a single payment of $20,000 cash in 3 years for a loan it entered into. The loan is at 8% interest
Yuki888 [10]

Answer:

Present Value of the loan = $19999.36 rounded off to $20000

Explanation:

The present value of loan will comprise of the present value of the principal amount of loan plus the present value of the interest that the loan will charge for the 3 year time period for which it is outstanding. As the interest payments are fixed and occur after equal intervals of time, they are considered an annuity.

To calculate the present value of the loan, we must discount the interest payments using the present value factor of annuity given in the question as 2.5771 and we must discount the principal to present value using the present value factor given in question as 0.7938.

We will first calculate the annual interest payment on loan.

Annual Interest payment = 20000 * 0.08 = 1600

Present value of the Interest payment - annuity = 1600 * 2.5771

Present value of the Interest payment - annuity = $4123.36

Present value of the Principal loan = 20000 * 0.7938

Present value of the Principal loan = $15876

Present Value of the loan = 15876 + 4123.36

Present Value of the loan = $19999.36 rounded off to $20000

7 0
2 years ago
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