Which of the Following Is a Disadvantage When a Business

question 148

Multiple Choice

Which of the following is a disadvantage when a business accepts credit cards or debit cards from customers?

• A) The business bears the responsibility of collecting cash from the customer.
• B) The business bears the risk of nonpayment by the customer.
• C) The business pays a processing fee.
• D) The business checks customers' credit ratings.

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Definitions:

Social Listening

The process of monitoring social media channels for mentions of a brand, competitors, product, or relevant conversations, to gain insights and engage with the audience.

Data Analytics

The examination of data sets to draw conclusions and insights, often using specialized systems and software, to inform decision-making.

Sentiment Analysis

A method in data analysis that identifies and categorizes opinions or emotions within text data to determine the writer's or speaker's attitude towards a particular topic.

Coverage Error

A statistical error that occurs when some members of the target population are not adequately represented in the sample.