One Key Advantage of Offering Credit Is

question 20

Multiple Choice

One key advantage of offering credit is

• A)it is a socially responsible to operate a business
• B)interest on overdue accounts is a major source of income
• C)it creates sales volume which can then be used to borrow more funds from a bank
• D)results in increased sales

---

Definitions:

Nationwide Boycotts

Organized refusal to buy or use products and services across an entire country to protest policies or practices considered objectionable.

Representativeness

The degree to which elected or appointed representatives in a decision-making body reflect the demographics or opinions of the larger group they represent.

Business Unionism

A union model focused on negotiating labor contracts pertaining to wages, benefits, and working conditions, rather than broader societal or political goals.

Collective Bargaining

The process by which labor unions and employers negotiate contracts regarding wages, hours, benefits, and working conditions on behalf of employees.