In Purchasing a Used Computer,there Are a Number of Variables

question 68

Short Answer

In purchasing a used computer,there are a number of variables to consider.The age of the computer is an example of a(n)____________________ variable.

---

Definitions:

Competition

The rivalry between businesses or sellers in the same market, aiming to achieve higher sales, profits, and market share.

Suppliers

Businesses or individuals that provide goods or services to another entity under a contractual agreement.

Credit Policy

A set of guidelines that a company uses to determine the creditworthiness of potential customers, influencing terms of credit and payment collections.

Collection of Revenues

The process of gathering all income generated from various sources, including sales, services, and investments.