<span>This type of financial group is given among people with savings who put together a common good, to make low-interest loans, and the money is derived from their savings together to be borrowed from one another, and to benefit members of the type Saving together with a common interest.</span>
True because you need a Signature to use it as credit
Answer:
The message should be brief and indirectly imply the refusal.
Explanation:
When refusing an applicant's request; it's standard practice to be polite and brief. Less words are very much commendable, to avoid emotion. Also, communication should be positive and respectful.
The answer is: Evaluating
The evaluation process in decision making is being done in order to know whether the system that already implemented actually fulfilling the standard. (in the sample above, it's being done by reflecting on the level of understanding that student answers ).
After the result come up, the teachers would know whether the previous system is successful or not. If the result is not up to standard, then they could formulate new approaches that can be used to improve.
Answer: THREAT OF SUBSTITUTE PRODUCTS.
Explanation:Porter's model was developed by a Harvard business school Lecturer known as Michael E. Porter in 1979. Michael E. Porter developed a Five Forces model that identifies and analyzes five competitive forces that shape every industry, and determines an industry's weaknesses and strengths.
The five competitive forces are as follows;
COMPETITIVE RIVALRY which determines the strength and number of your competitors.
SUPPLIER POWER which determines the uniqueness of the supplies given to you by your suppliers and the number of suppliers you have etc.
BUYER POWER which evaluates how many buyers you have,how easy it is for them to buy your products etc.
THREAT OF SUBSTITUTION which evaluates how easy it is for your buyers to buy another substitutes to your product etc.
THREAT OF NEW ENTRY which evaluates the ability or easy access of new products to penetrate the market,how well you are to maintain your strength etc.
