Fewer Than 5 Percent of All Credit Card Transactions Are

question 41

True/False

Fewer than 5 percent of all credit card transactions are completed online, but those transactions are responsible for about 50 percent of the total dollar amount of credit card fraud.

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Definitions:

Downsizing

The process of reducing the number of employees within an organization for economic or strategic reasons.

Restructuring

The corporate action of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.

Insidious Consequences

Negative outcomes that gradually and subtly develop over time, often as a result of certain actions or decisions.

Organizational Restructuring

The act of realigning or changing the organizational structure, processes, or cultures of a company to improve efficiency, effectiveness, or adapt to new strategies.