An Advantage of a Retailer's Maintaining Its Own Credit Card

question 48

Multiple Choice

An advantage of a retailer's maintaining its own credit card system versus outsourcing it to an organization such as MasterCard is _____.

• A)lower bad debt loss
• B)economies of scale
• C)ease of management
• D)ability to be more flexible in demanding repayment

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Definitions:

Subject Matter

The topic or area of interest that is being discussed, studied, or focused on.

Social Media Sites

Online platforms that enable users to create and share content or to participate in social networking.

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Interactions and conversations that occur on the internet, usually within forums, comment sections, or social media platforms.

Community Perspective

The collective viewpoint or social attitude of a defined community or group towards issues, events, or topics of mutual interest.