Which of the following is a result of excess unused credit capacity?
A. Additional interest charges
B. FICO score reduction
C. Easy loan approval
D. Longer credit card introductory period
E. Chapter 13 bankruptcy
Answer: B
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When serving brand loyal customers, which of the following factors is most important for a retailer?
A. Offering only national brands B. Offering only private-label brands C. Offering suitable alternatives D. Offering specific brands E. Encouraging cross-shopping
Orion Inc. markets luxury watches. It targets the wealthy global elite segment, regardless of their geographic location. Orion most likely uses ________ segmentation
A) income B) age-group C) occasion D) benefit E) cross-market
Congress has introduced the Fair Minimum Wage Act of 2013, which would increase the minimum wage to __________ by 2016
a. $10.10 per hour b. $8.88 per hour c. $6.75 per hour d. $15.00 per hour
Considering the EOQ model, smaller lots are justified when holding costs are decreased
Indicate whether the statement is true or false