Question

Kohl's Corporation decided to discontinue its Kohl's credit card operations. What factors would this department store company have considered prior to making this decision?

Answer 1

Answer:

The most likely factor that this department store company would have considered in discontinuing its credit card operations is the issue of bad debt.

Bad debt may likely have prevented them from making the required profit to cater for the needs of the company such as payment of salaries and purchase of goods which if not treated may lead to the collapse of the company.