The Advantages of Credit Include

question 93

Multiple Choice

The advantages of credit include

• A)can purchase goods even when funds are low
• B)carrying credit cards is safer than carrying cash
• C)a credit card can allow you to carry up to a 30 day "float
• D)credit cards may be used for identification when cashing a cheque
• E)all of these are advantages of credit

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Definitions:

Corporate Strategy

The overarching strategy of a company, focusing on overall direction, resource allocation, and long-term objectives.

Allocate Resources

The process of distributing available resources, such as funds, materials, and labor, among various projects or departments to achieve organizational goals.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Complexity

The state or quality of being intricate or complicated, which can arise from numerous interconnected parts or variables.