A Firm Issuing Credit Cards Earns Income from

question 4

Multiple Choice

A firm issuing credit cards earns income from

• A)loans it makes to credit card holders.
• B)subsidies from the local governments.
• C)payments made to it by manufacturers of the products sold in stores on credit card purchases.
• D)sales of the card in foreign countries.

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Definitions:

Effective

Producing a decided, decisive, or desired effect.

Legitimate Power

A form of authority based on formal position or role within an organization or society, recognized and accepted by others as rightful.

Reactivity

The tendency of a person or system to react to stimuli or changes in the environment.

Self-management

The ability to regulate one's own emotions, thoughts, and behaviors effectively in different situations.