Which of the Following Is not Considered a Structural Influence

question 43

Multiple Choice

Which of the following is not considered a structural influence on the economy and industry?

• A) Demographics
• B) Life-styles
• C) International economics
• D) Social values
• E) Technology

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Definitions:

Collateral

An asset that a borrower offers to a lender as a security for a loan, which can be seized if the loan is not repaid.

Credit Cost Curve

Graphical representation of the sum of the carrying costs and the opportunity costs of a credit policy.

Carrying Costs

Expenses associated with holding inventory, including storage, insurance, and opportunity costs.

Opportunity Costs

The cost of foregoing the next best alternative when making a decision.