Nico likes to go shopping. Every time he goes to a new store, he fills out an application for a store credit card so that he can get a 20 percent discount on his purchases that day
Yesterday, when he was trying to buy a new car, the dealer turned down his credit request. Nico can't understand why, because he thought he had good credit. If you looked at his credit report, what is the most likely reason he was denied credit?
A) Nine years ago, a lender referred his debt to a collection agency.
B) He has only worked for his current employer for nine months.
C) He has too many recent inquiries on his credit report.
D) There is not enough information available to answer this question.
Answer: C
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Consider a situation in which there is 90% unaided awareness for a brand of athletic shoes, with purchases of 75%. Which of the following best describes the purchase funnel for this scenario?
A) very wide at the top and narrow at the bottom B) very narrow at the top and wide at the bottom C) very narrow and vertical D) very wide and vertical E) very wide and horizontal
The ________ is a nationwide batch-oriented electronic funds transfer system that provides for the interbank clearing of electronic payments for participating financial institutions
Fill in the blank(s) with correct word