A Customer's Credit Report Does Not

question 41

Multiple Choice

A customer's credit report does not:

• A)Include personal references as to the customer's business reputation.
• B)Provide details of credit applications made in the past.
• C)List credit defaults.
• D)List information that is already publicly available
• E)g.bankruptcy reports.

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Definitions:

Generic Business Strategy

A strategy that can be adopted by any firm, regardless of the product or industry involved, to achieve a competitive advantage.

Competitive Advantage

The edge a business has over its competitors, allowing it to generate greater sales or margins and/or retain more customers.

Marketing Efficiencies

Strategies or actions that maximize the effectiveness of marketing efforts with the least amount of waste in resources.

R&D-Manufacturing Efficiencies

Enhancements and optimizations in the research and development and manufacturing processes to improve productivity and reduce costs.