An Advantage of a Retailer's Maintaining Its Own Credit Card

question 49

Multiple Choice

An advantage of a retailer's maintaining its own credit card plan is ________.

• A) lower bad debt loss
• B) economies of scale
• C) ease of management
• D) ability to be more flexible in demanding repayment

---

Definitions:

Visualizes

The process of forming mental images or concepts of what is not physically present to the senses.

Psychology Test

An assessment designed to evaluate cognitive, emotional, or behavioral aspects of an individual, often used for diagnostic purposes.

Organizing

The process of arranging or structuring elements in a systematic way to achieve order and improve efficiency.

Unmarried People

Individuals who are not legally married or part of a recognized marital union.