Examlex

Solved

A Credit Card Provider Uses a Software to Determine the Likelihood

question 104

Multiple Choice

A credit card provider uses a software to determine the likelihood of customers defaulting on their payments.The software assigns a credit score to each customer based on their past transactional records.This software is an example of a ________ system.


Definitions:

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and institutions accept and expect power to be distributed unequally.

Stratification

The hierarchical organization of society or an organization into different levels or positions, often based on factors like status, wealth, or power.

Spontaneity

The quality of being performed or occurring as a result of a sudden inner impulse or inclination without premeditation or external stimulus.

Ineffective Leader

A leader who fails to produce the desired outcome, often due to lack of skills, poor decision-making, or inability to motivate and engage the team.

Related Questions