<span>When the financial institution or lender gives a borrower a maximum credit limit of $1,000, it means that he can only owe within that amount or spend up to that limit. Otherwise, spending more than $1,000, the borrower may face penalties or fines in addition to his regular payment. In other words, credit limit refers to the maximum amount of credit a bank extends to the client who has the capacity to pay his debt.
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The answer to the question:
<span>What allows consumers to receive goods and services in a non price rationing system
is:
first come, first served
explanation:
the first come, first served system which is also known as the queuing system </span>resolves rationing problems which are brought by price ceilings.<span>
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Malcom has an external locus of control, aka he believes that things are influenced by forces outside of his control.
Miles has an internal locus of control and believes that he is responsible for influencing the outcomes of things in his life.
Answer:
BPR
Explanation:
In this scenario, Chevron identified their desired outputs and then worked backward by examining the supporting processes. They used a holistic approach that led the company to examine the interdependencies among processes used in different business units. This is a Business Process Reengineering (BPR) approach. It is a radical approach and process to redefining a business entity so as to enhance productivity.