The Decision About Whether or Not to Grant You Credit

question 50

Multiple Choice

The decision about whether or not to grant you credit will be made by:

• A) individual creditors.
• B) local credit bureaus.
• C) the credit cardholder.
• D) the Federal Trade Commission (FTC).
• E) national credit bureaus.

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Definitions:

Information Technology

The use of computers, storage, networks, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Contingency Thinking

A management perspective that considers the outcomes of actions to vary depending on the internal and external conditions.

Human Relations

A management approach focusing on the importance of interpersonal relationships, employee needs, and morale in the workplace.