List the five benefits or advantages associated with credit cards. What are the two major disadvantages?
What will be an ideal response?
Answer: Credit cards are convenient and easy to use when shopping. They are great for emergency use and they allow for consumption before the purchase is fully paid for. They allow for consolidation of bills and also act as a source of interest-free credit. Additional pros include using the cards as a source of free benefits, as identification, for making reservations, a means to purchase before the price goes up.
Two major disadvantages include making it easy to lose control of spending and being an expensive way to borrow money.
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___________: Clear, concise expression of current basic purpose/scope of operations of organization
Fill in the blank(s) with the appropriate word(s).
"Cloud computing" is different from currently available technologies in all of the following aspects except:
A) it is performed "in the cloud." B) applications are delivered through a Web browser. C) it is installed in the computer's hard drive. D) computer files can be accessed remotely. E) archives are stored on massive remote servers.