William Uses His Bank Credit Card Frequently; However,he Always Pays

question 61

Multiple Choice

William uses his bank credit card frequently; however,he always pays off the total balance on the card each month.What should William look for in a credit card given the way he uses a credit card?

• A) Low annual fee and short grace period
• B) Low annual fee and low interest rate
• C) No annual fee and short grace period
• D) No annual fee and long grace period
• E) High annual fee and low interest rate

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Definitions:

Human Skill

The ability to work well with others, often considered essential for effective leadership, involving communication, empathy, and conflict resolution skills.

Conceptual Skill

The ability to understand complex situations and to develop creative and effective solutions.

Katz's Skills Model

A leadership theory identifying three essential skills for effective management: technical, human, and conceptual skills.

Social Judgment Skill

The ability to understand and interpret the feelings, thoughts, and behavior of others in social situations.