I think it’s c try c if not then I am wrong and I am sorry if you do not get it right
Answer:
What is the question from? It should be a paragraph with it .
Explanation:
Answer:
The two categories of sources of credit are formal and informal sources.
Explanation:
The formal source of credit as the name implies is an official means of obtaining loans. Its features include,
1. It is administered by corporate institutions like banks and other lending bodies.
2. It is regulated by a body in the relevant country.
3. There are recognized and standard interest rates that must be paid by the borrower.
4. It is guided by laws which both parties are expected to keep.
The Informal sources of credit are unofficial means of borrowing funds There features include,
1. They can be obtained from friends, relatives, and acquaintances.
2. There are no standard interest rates as these are determined by the lenders.
3. There are no official bodies to regulate the lending process.
4. They are mostly used by poor businessmen and women who need small loans.
According to Stephen Covey, when you use a win paradigm, parties in potential conflict work together to develop new solutions that make them all winners.
Explanation:
Paradigm is a philosophical model that contains set of concept and patterns, methodology etc. It has instinct of impress anyone's self confidence. When someone use win paradigm parties who are in conflict work they together develop new solutions that make them all winners.
That means it develops self esteem, confidence which lead them towards success. As paradigm contains models, self concept so anyone can put forward his views about certain thing. That's why Stephen Covey emphasized win paradigm.