All of the following are disadvantages of proprietary credit cards except
A) your purchases are limited to a single merchant per card.
B) you may need several credit cards.
C) you receive several billing statements.
D) it takes considerable time to process your application to allow you to begin obtaining credit.
Answer: D
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A note which has equal monthly payments that include both principal and interest would be:
A. Promissory note. B. Straight note. C. Amortized note. D. Term note.
A company has successfully implemented lean practices in their three station process. The stations are, in order, Station A, Station B, and Station C and product moves from A to B to C smoothly
One day, the equipment at Station B experiences catastrophic failure. What happens and what is the appropriate response for a lean-thinking company? A) Continue producing at Station C and restore capacity at Station B. B) Continue producing at Station A and restore capacity at Station B. C) Continue producing at Station A and C and restore capacity at Station B. D) Everything stops and attention is focused on restoring capacity at Station B.