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

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Definitions:

Threatens

Implies a potential for harm or negative consequences, often used in the context of risks or challenges.

Harasses

To subject an individual to repeated and unwanted actions, often causing distress or discomfort.

Voting Yes

An affirmative action taken in the context of an election or decision-making process, indicating support for a proposal or candidate.

Union Election

A formal voting process in which workers decide whether to be represented by a labor union, or elect union leadership, adhering to specific legal and regulatory guidelines.