Credit Cards Issued in Conjunction with Particular Charities or Organizations,like

question 117

Multiple Choice

Credit cards issued in conjunction with particular charities or organizations,like the Sierra Club or the Humane Society,that send a portion of their annual fee or percentage of their purchases back to the sponsoring organization are known as

• A)premium cards.
• B)prestige cards.
• C)affinity cards.
• D)secured credit cards.

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Definitions:

ELMS System

An acronym that could refer to various systems, commonly denoting an Electronic Learning Management System.

80/20 Principle

Also known as the Pareto Principle, it suggests that roughly 80% of effects come from 20% of causes, commonly applied in business and economics.

FAB Closing

A sales technique that emphasizes the Features, Advantages, and Benefits of a product or service during the closing phase of a sales pitch.

Extra-Large

A size category indicating items significantly larger than the standard or medium size.