A ________ is defined as a market segment on which an organization focuses its marketing plan and toward which it directs its marketing efforts

Which of the following best describes the cash flow that owners of credit card receivable-backed securities receive during the lockout period?

A. Only principal payments collected B. Only finance charges and fees collected No cash flow is received as all cash flow collected is reinvested

Which of the following is NOT one of the advantages of portfolio analysis?

A) The graphic depiction facilitates communication. B) It provides the basis for impartial objectivity from which to make decisions. C) It encourages top management to evaluate each of the corporation's businesses individually. D) It raises the issue of cash flow availability for use in expansion and growth. E) It stimulates the use of externally oriented data to supplement management's judgment.