Credit Is Commonly Used to Cover Both Large and Small

question 1

Multiple Choice

Credit is commonly used to cover both large and small expenses.What is the best way to think about credit?

• A)Most Canadian are overextended on credit.
• B)It is a better source of liquidity than an emergency fund.
• C)It is an important part of liquidity but needs to be managed.
• D)It should never be used for liquidity.

Recognize the significance of points of difference in positioning products against competitors.

Apply the concept of SWOT analysis to assess both internal and external environments affecting an organization.

Understand the concept of customer value proposition and its significance in marketing.

Grasp the components of the marketing mix and their roles.

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Definitions:

Natural Gas

An energy-producing fossil fuel that predominantly contains methane, utilized for heating, cooking, and generating electricity.

Net Energy Ratio

A metric that compares the amount of energy produced to the amount of energy used to produce it.

Natural Gas

A fossil fuel composed primarily of methane, used for heating, electricity generation, and as a fuel for vehicles.

Gasoline

A volatile, flammable liquid derived from crude oil, used primarily as fuel in internal combustion engines.