To Avoid the Financial Problems Associated with Excessive Credit Card

question 8

Multiple Choice

To avoid the financial problems associated with excessive credit card debt,you should:

• A)Pay your credit card balance in full each month
• B)Use your credit card to pay for small purchases
• C)Take advantage of the cash advance feature
• D)Use a large number of credit cards
• E)Avoid getting help if you think you are in trouble

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Definitions:

Achievement Orientation

A focus on setting and meeting high standards and achievements, whether personal or professional.

Performance Orientation

An aspect of organizational culture focusing on outcomes and results, emphasizing the achievement of goals and standards of excellence.

External Locus

A belief system where individuals perceive their successes or failures to be the result of external forces or the environment.

Control

The ability to direct, manage, or govern over oneself, other people, or situations to achieve a desired outcome.