Customer Purchases Using Credit Cards Are a Significant Source of Revenue

question 199

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 or MasterCard).

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Definitions:

Chondrocytes

Cells found within cartilage tissue, responsible for maintaining the cartilaginous matrix.

Chondrocytes

Cells that are found in cartilage tissue and are responsible for the synthesis and maintenance of the cartilaginous matrix.

Lacunae

Small spaces within bone or cartilage tissue that house cells.

Periosteum

A thick layer of blood vessel-rich connective tissue that covers the bones, excluding the joint surfaces.