Which of the following is an early warning sign of credit card trouble?

A. You have an emergency fund.
B. You are unable to make the minimum payment.
C. You are paying only the minimum balance.
D. You are getting cash advances on your credit card.


Answer: C

Business

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Describe what category specialist retailers are while providing specific examples of category specialist retailers and how they differentiate themselves from their competitors.

What will be an ideal response?

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Copycat brands imitate the manufacturer's brand in appearance and packing, generally are perceived as lower quality, and are offered at lower prices.

Answer the following statement true (T) or false (F)

Business

How can an organization gather data on consumer perceptions based on social media posts?

A) Using dashboards B) Using TweetDecks C) Using RSS feeds D) Using data mining tools E) Using rich site summaries

Business

Your uncle has $1,015,000 and wants to retire. He expects to live for another 25 years, and he also expects to earn 7.5% on his invested funds. How much could he withdraw at the beginning of each of the next 25 years and end up with zero in the account?

A. $84,703.56 B. $82,162.46 C. $98,256.13 D. $105,032.42 E. $77,080.24

Business