Customer Purchases Using Credit Cards Are a Significant Source of Revenue

question 159

Essay

Customer purchases using credit cards are a significant source of revenue for many retailers. From the standpoint of a retailer briefly discuss some advantages and disadvantages of a retail store having its own credit card as opposed to accepting one of the national credit cards (e.g. Visa MasterCard).

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Definitions:

Fill Color

A feature in graphic and document software that allows a user to apply color to a selected object or area's background.

Select

To highlight or choose items from a list, document, or file for further action.

Gridlines

Thin lines on charts, graphs, or spreadsheets that help measure and align graphical elements or data points.

Smart Guides

Features in graphic design software that provide alignment and spacing assistance by automatically displaying guide lines.