After identifying a property to purchase, borrowers customize their income to meet the loan criteria.
A. Credit product
B. Backward application
C. Air loan
D. Silent second
Answer: B. Backward application
Business
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Which of the following is not considered a benefit of planning?
A) Planning requires managers to assess the external environment to better respond to challenges. B) An effective planning process provides an opportunity to separate the planners from the implementers. C) The planning goals give organizational members a sense of direction and purpose. D) Planning may help the firm reduce uncertainty by forcing managers to think long term.
Business
Habitat for Humanity has used persuasion to effectively gain donations of time, talent, and resources
Indicate whether the statement is true or false
Business