Answer:
Find out the reason why the loan was rejected
You can also look for another lender
Explanation:
Loan application could be declined for so many reasons. However , in a situation where an application is not granted , it is good to find out the reasons behind the decision so as to avoid repeating such in subsequent application.
Another step to be taken after denial of application is to look for alternative lender and make another application . One may also need to improve on the application to avoid another denial this time around.
<span>The attractiveness test asks the question: is the industry profitable or capable of being profitable. It is a fundamental test for managers and investors and helps to establish a baseline of performance expectation. An answer of 'no' to the attractiveness test indicates that the industry is not likely to be a good investment.</span>
Answer:
Variable costs; Diminishing marginal returns; Fixed costs; Do not change.
ESS is helpful for TOP MANAGEMENT.
ESS stands for Executive Support System. Like its name implies, it is a support system for executives or top management.
Top management is comprised of Board of Directors, Presidents, Vice-President, Chief Executive Officers, General Managers, and Senior Managers.
ESS provides the top management pertinent data that will help them in their decision making process.
