Answer:
B. Check the person's credit history to make sure he or she pays debts on time.
Explanation:
Applying for a loan from a bank is when a person wants to borrow money from the bank for his personal requirements. This is also one of the ways a bank does business, incurring interest while also 'helping out' a person in need.
One factor that banks take into consideration for approving a loan to a person is checking the credit history of that person. This means that the bank will investigate the person's credit score and how often he pays his credit bills. Depending on the pattern of the payment, a bank will be able to understand the dependability of the person for a loan's payment.
Thus, the correct answer is option B.
A major factor that makes it more desirable for business organizations to actively manage their supply chains is increasing <u>globalization</u>.
<h3>
What do you mean by Globalization?</h3>
Globalization is the accepted by society that on many occasions we do not stop to think about their consequences.
Globalization is often identified as a dynamic process produced mainly by society, that impact the information revolution, reaching a considerable level of liberalization and democratization in its political culture.
It enhance the growing communication and interdependence between the different countries of the world uniting their markets, social and cultural matters.
In order to manage the supply chain, organization needs to improve production process, make a good relationship with their suppliers and enhance inventory management etc.
From this, the supply chain managers can effectively reduce the future costs that automatically increase the profits of firm.
Learn more about Globalization, refer to the link:
brainly.com/question/15283031
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Answer:
Salary in year 2 = $54,379.31
Explanation:
<em>The Consumer price index is the weighted average of the cost of basket of good of goods and services consumed by a typical consumer in an economy. It is used to measure the rate of inflation rate.</em>
A rise in the price index implies inflation
Inflation is the increase in the general price level. Inflation erodes the value of money.
So we can determine the salary in the year 2 as follows:
2006 Salary in the base year terms=
CPI in the current year 2/CPI base year 1 × salary in the current year
190/174× 49,800 = 54,379.31
Salary in year 2 = $54,379.31
Answer: 1) The cost of something is what you give up to get it
Explanation:
Because there is scarcity in the world, we cannot get everything that we want. This is what gives rise to opportunity costs which explain that the cost of doing something is the benefit that one would have accrued from their next best alternative or the thing they gave up for the first choice.
The cost of going swimming for an hour for Megan is $15 because she would have kept the $4 entrance fee she paid as well as earned $11 had she instead worked instead of swam.
Answer:
Red Lobster is a seafood restaurant chain from the United States that has about 719 restaurants around the world and I consider that this chain relies on internet surveys to track customer opinions, preferences, and criticisms because it allows them to identify changes in consumers and on their preferences in a way that helps them to respond quickly before any issue affects the brand.
