In an Advertisement for Credit Cards, the Statement Is Made

question 146

Multiple Choice

In an advertisement for credit cards, the statement is made, "Think of a credit card as smart money." An economist's reaction to this would be that a credit card is:

• A)not money.
• B)dumb money.
• C)simply money.
• D)actually better than money.

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Definitions:

Supply Chain Software

Computer programs designed to manage and optimize the logistics operations and processes within a supply chain, from procurement to delivery.

Real Time

Referring to processes or systems that can instantly respond and update based on inputs at the moment they are received.

Inventory Visibility

The ability of a company to track and understand its inventory levels, location, and status in real-time or near-real-time.

Integrated Supply Chain

A strategic approach to synchronizing the production, shipment, and delivery of products and materials in the most efficient and cost-effective way.