Market share goals are often set by managers when c) they are coupled with penetration pricing to establish a maximizing current profit objective.
A company's market share is the percentage of the overall market for its products and services that it controls. Market share is an important business metric since it indicates a company's profitability and performance.
It might indicate an industry's dominance and how successfully a company's revenue-generating initiatives are performing to fulfill corporate objectives.
Market share can have an impact on operations, product and service pricing, and potentially stock market performance. Growing market share leads to increased revenue. As a result, a company can scale up its operations and increase its profitability. Gaining market share should be a serious business objective.
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Correct question:
Market share goals are often set by managers when
a) a target return objective has not been met previously.
b) the product category is new.
c) they are coupled with penetration pricing to establish a maximizing current profit objective.
d) industry sales are relatively flat or declining.
e) they insist on long-run profits.
Market share goals are set by managers to establish a maximizing current profit objective or when seeking long-run profits. This strategy is often employed in scenarios where industry sales are flat or declining, when introducing a new product, or under regulatory conditions such as price cap regulation.
Explanation:Market share goals are often set by managers when they are coupled with penetration pricing to establish a maximizing current profit objective, when industry sales are relatively flat or declining, or when companies insist on long-run profits. Market share is essentially the percentage of total sales in the market. Managers could use this strategy when the product category is new, looking to establish the brand in the market.
An example of this scenario could be a new technology firm entering an established market. The firm might have a goal to obtain a certain percentage of the market share within a given timescale, therefore a market share goal would be set.
Further, this can also be used as a strategy to affect competition. For instance, consider price cap regulation, where regulators set a price that a firm cannot exceed over a specific period. Firms may set market share goals under these conditions to increase competition.
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which item type should be used when setting up products sold by a company that uses a perpetual inventory system?
When setting up products sold by a company that uses a perpetual inventory system, the appropriate item type to use is "Inventory Item."
The "Inventory Item" item type is specifically designed for businesses that maintain a perpetual inventory system, where real-time tracking of inventory quantities is maintained. This item type allows for accurate and automated tracking of inventory levels, cost of goods sold (COGS), and inventory valuation. By using the "Inventory Item" item type, businesses can easily manage and update inventory quantities, set reorder points, track sales and purchases, and generate reports related to inventory management. It enables businesses to have a comprehensive view of their inventory in real-time, facilitating better inventory control, cost management, and decision-making.
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Shifting the impact of the threat to a third party is the definition of the "Share" risk/opportunity strategy True or False
The statement "Shifting the impact of the threat to a third party is the definition of the 'Share' risk/opportunity strategy" is false.
The "Share" risk/opportunity strategy in risk management does not involve shifting the impact of a threat to a third party. Instead, it refers to a collaborative approach where risks and opportunities are shared among multiple stareholders.
This strategy recognizes that certain risks and opportunities can be better managed and their impact can be reduced through partnerships, alliances, or shared initiatives.
The "Share" strategy involves working together with external parties to jointly assess, plan, and manage risks or seize opportunities. It may involve sharing resources, knowledge, expertise, and responsibilities among the involved parties.
By sharing the burden of risks and leveraging collective capabilities, organizations can enhance their ability to effectively respond to challenges and capitalize on opportunities.
Examples of the "Share" strategy include:
1. Strategic Alliances: Companies may form alliances or partnerships with other organizations to jointly undertake projects or initiatives. By sharing resources, costs, and risks, the involved parties can achieve mutual benefits and mitigate individual risks.
2. Insurance: Organizations can transfer some of the risks to insurance providers through insurance policies. By paying premiums, organizations shift a portion of the financial impact of potential risks to the insurer, thereby sharing the risk.
3. Joint Ventures: In certain cases, organizations may establish joint ventures with other companies to enter new markets, develop new products, or share infrastructure. By pooling resources and expertise, the risk is shared, and the potential for success is increased.
4. Collaborative Risk Management: Organizations can participate in industry-wide or cross-organizational risk management initiatives. Through information sharing, best practices, and collective efforts, the impact of risks can be shared among industry participants, leading to better risk mitigation.
It is important to note that the "Share" strategy does not shift the entire impact of a threat to a third party but rather distributes the impact and responsibility among multiple stakeholders. The goal is to achieve a more effective and efficient risk management approach by leveraging collective strengths and resources.
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Select the correct answer.
Which statistical concept signifies the average of all the variations from the mean?
A.
comparative mean
B.
constant mode
C.
standard deviation
D.
average deviation
Answer:
option D average deviation is correct
Explanation:
average deviation tells average of variation from the mean
Answer:
C standard deviation
Explanation:
plato also states in the notes that standard is correct and internet checks with me
In the specific factors model discussed in class, what happens when the amount of the specific factor in the food sector decreases (while the prices of food and cloth remain fixed)?
1 Owners of the specific factor producing in the cloth sector are better off
2 Workers are better off
3 Workers move from the cloth sector to the food sector
4 Workers stay put and do not change sector
In the specific factors model, when the amount of the specific factor in the food sector decreases while the prices of food and cloth remain fixed, the model predicts that workers will move from the cloth sector to the food sector.
The correct option is 3.
This is because the decrease in the specific factor in the food sector reduces its productivity, making it less profitable for workers to stay in that sector.
As a result, workers see better opportunities in the cloth sector where the specific factor is relatively more abundant, leading to a migration of workers from the cloth sector to the food sector.
This movement helps to restore equilibrium by reallocating resources to where they are more productive, thereby improving overall efficiency and ensuring a more balanced allocation of labor in the economy.
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3 things operations does in the product transformation process
The product transformation process involves converting raw materials into finished products through a series of operations, including design, production, and distribution while ensuring quality and efficiency.
Operations are essential to the process of transforming products because they guarantee that things are produced successfully and efficiently.
In this procedure, operations normally carry out the following three tasks:
1. Scheduling and Planning: Operations managers schedule and plan the production process, figuring out the order of steps needed to turn raw resources into completed goods.
This entails creating intricate production plans, figuring out how to use resources most effectively, and coordinating tasks with other divisions, such procurement and logistics.
2. Quality Control: Operations managers are in charge of making sure that the finished products adhere to quality requirements and standards.
This entails putting quality control procedures into place, performing tests and inspections, and keeping an eye on the production process to spot and address any quality problems that may emerge.
3. Inventory Management: Operations managers are also in charge of inventory management, which guarantees efficient management and control of raw materials, work-in-progress, and finished goods.
order to reduce waste and maximise efficiency, this involves keeping an eye on inventory levels, ordering supplies and raw materials as needed, and regulating the flow of commodities through the manufacturing process.
Overall, operations are vital to making sure that the product transformation process goes off without a hitch and produces high-quality results.
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what is research analysis
Research analysis is the process of interpreting data that has been collected through research methods. It involves analyzing, interpreting, and evaluating the results of a research study to draw conclusions or develop insights.
Research analysis can be conducted using various methods such as qualitative and quantitative analysis. Qualitative analysis involves examining non-numerical data such as interviews, observations, and text, while quantitative analysis involves analyzing numerical data using statistical techniques. Both methods can provide valuable insights into a research question, and the choice of method depends on the research question, research design, and data collected.
Research analysis involves several steps such as cleaning and organizing data, identifying patterns, trends, and relationships within the data, and interpreting and drawing conclusions based on the data. It also involves identifying potential biases or limitations in the data and addressing them appropriately. In summary, research analysis is a critical component of the research process as it helps researchers to make sense of their data and draw meaningful conclusions from their findings.
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Texas star oil won the bid to build an oil facility for a host country government. However, the execution of the contract has been delayed due to bureaucratic procedures in the less-developed nation. In order to legally overcome this problem, texas star oil could resort to the payment of:.
The Texas star oil could have to resort to the payment of speed money in order to legally overcome the problem.
What is a speed money?A speed money refers to a money paid to speed up some tasks or operations that are been delayed intentionally by someone or some company.
Because of the pending bureaucratic procedures which made the execution of the contract to be delayed, the option of Speed money is most viable option for Texas Star oil.
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write the different profession and human resources related to engineering and explain any two of them
Answer:
The professions related to engineering includes
Mechanical engineering
Biomedical engineering
Electronics engineering
Chemical (process) engineering
Petroleum engineering
Materials engineering
Human resources related to engineering includes
Welders
Mechanics
Plumbers
Electricians
Fitters
Carpenters
Brick layers
Operators
Machinist
Explanation:
Mechanical engineering profession
Mechanical engineering profession focuses on the branch of engineering that is related to designing, construction, and implementation of machine that provides energy, force or motion, in industry, homes, school, or office to meet the needs of the society
Welder
A welder is a person that regularly makes use of equipment meant for welding to create acceptable quality welds
If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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A student read a book yes no question
Answer:
Yes!
Explanation:YOU MUST READ A BOOK
Which of the following is a challenge for a business that wants to begin exporting?
A) increasing company profits.
B) identifying a target market.
C) improper use of a trademark
D) Generate tax dollars for another country.
inflation does not affect both local and international business true or false
Answer:
true
Explanation:
inflation effects every aspect of the economy
The assertion is incorrect. International and domestic companies are both impacted by inflation. Every sector of the economy is impacted. As a result, choice (B) is accurate.
What is inflation?
In economics, inflation refers to a broad increase in the cost of products and services across the board. The purchasing power of money decreases when the general price level rises, which is why inflation is often known as a rise in prices.
Deflation is the antithesis of inflation and refers to a persistent drop in the general level of prices for goods and services. The inflation rate, which is the annualized percentage change in a general price index, is a commonly used indicator of inflation.
The majority of economists concur that chronic excessive expansion in the money supply is the primary driver of high inflation as well as hyperinflation, both of which have extremely disruptive consequences on the actual economy.
Hence, option (B) is the right answer to this question.
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Question 6 of 10
Which of the following speeds will produce lowest miles per gallon?
A. 75 mph
B. 45 mph
C. 85 mph
D. 55 mph
Many of the economic regulations put in place by the
U.S. government are intended to do which two things?
Answer: The answer to that question is to promote competition and prevent companies from taking unfair advantage of consumers.
Explanation:
Mason Milling grinds calcined alumina to a standard granular size. The mill produces two different size products from the same raw material. Regular Grind can be produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900. Super Grind can be produced at a rate of 6,000 pounds per hour and has a demand 200 tons per week with a price of $1,900 per ton. A minimum of 700 tons has to be ground every week to make room in the raw material storage bins for previously purchased incoming raw material by rail. The mill operates 24/7 for a total of 168 hours/week. How many tons of each product must be produced each week to maximize revenue? (hint: be careful with units in this problem, ton, ton per week, ton per hour).
The mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.
The main aim of the problem is to find out the number of tons of each product that has to be produced per week to maximize revenue.
The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900.The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week with a price per ton of $1,900.To make room for the incoming raw materials, a minimum of 700 tons has to be ground every week.
According to the given conditions, we need to find out how many tons of each product should be produced per week to maximize the revenue.
Let the number of tons of regular grind be x. Let the number of tons of super grind be y.
Since a minimum of 700 tons has to be ground every week, the equation becomes:
x+y ≥ 700
The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week. Hence, we get:10,000x / 2,000 = 400x = 80/3 tons per hour
The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week. Hence, we get:
6,000y / 2,000 = 200y = 100/3 tons per hour
Since the mill operates 24/7 for a total of 168 hours/week, the number of hours the mill operates to produce regular grind is given by:
80/3 * h ≤ 10,000
h ≤ 750
The number of hours the mill operates to produce super grind is given by:
100/3 * k ≤ 6,000k ≤ 1800/100 = 18
The total revenue generated can be given by:
R = 900x + 1900y
The problem is to maximize revenue. We can use linear programming to solve this problem:
Maximize R = 900x + 1900ysubject to:
x + y ≥ 70080/3x + 100/3y ≤ 168x ≤ 750y ≤ 18x ≥ 0, y ≥ 0
The feasible region is shown below:
graph{y≤-0.8x+168y≥0x≥0x+y≥700y≤18}
The vertices of the feasible region are (0, 700), (750, 0), and (522, 178).
We evaluate R at these points to see which one gives the maximum value of R.
R(0, 700) = 900(0) + 1900(700) = 1,330,000
R(750, 0) = 900(750) + 1900(0) = 675,000
R(522, 178) = 900(522) + 1900(178) = 938,800
Therefore, the maximum revenue is $1,330,000 when the mill produces 700 tons of super grind and 0 tons of regular grind.
Therefore, the mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.
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in a sole proprietorship, any debts or damages incurred by the business that cannot be paid by the business are considered personal debts and the owner must pay them. this disadvantage can be termed .
The disadvantage that can be termed as "Personal liability for business debts" in a sole proprietorship where any debts or damages incurred by the business that cannot be paid by the business are considered personal debts and the owner must pay them.
A sole proprietorship is a type of business in which an individual has complete control over and ownership of the company. In this kind of company, the proprietor is personally responsible for all of the company's obligations, financial or otherwise.
When it comes to business debts, if the owner is unable to pay the outstanding sum, their personal assets may be seized to meet the obligation. As a result, the proprietor must take care when financing their company since their own financial wellbeing is on the line.
The owner's personal financial security is put in jeopardy by the personal liability for business debts disadvantage. If the company's creditors take legal action against the company but are unable to recover the full amount owed, they may go after the owner's personal possessions, such as their home, savings, and other assets, in order to recover the rest of the debt.
As a result, this disadvantage can be especially risky for sole proprietors, who may have invested their life savings into the company or their personal assets in order to get it off the ground.
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F jackson collectibles, inc. has a safety stock of 35 units and the average weekly demand is 14 units, how many days can be covered if the shipment from the supplier is delayed ?
17.5 Days can be covered if the shipment from the supplier is delayed.
What Average Demand?Average demand, which is calculated by dividing the total number of kilowatt-hours by the number of units of time in the interval, is the demand for the electrical system or any of its components throughout a specific period of time with a long length.
According to the information:35 items make up Jackson Collectibles' safety supply.
However, 14 units are needed each week.
The amount of weeks they may survive on safety stock as a result is:
= Weekly demand / safety stock
= 35 / 14
= 2.5 weeks
These are in days:
= 2.5 * 7
= 17.5 days
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Suppose the U.S. dollar depreciates nominally against the Mexican peso by 5%. Assume furthermore that the price level in the United States increases by 7%, with no change in the price level for Mexico. From this we can conclude which of the following?
The price of U.S. goods became more expensive relative to goods made in Mexico
We can conclude that the price of U.S. goods became more expensive relative to goods made in Mexico.
So, the correct answer is option B.
What did happen to the price of U.S goods?The following statement is a direct consequence of the given scenario:
The price of U.S. goods became more expensive relative to goods made in Mexico. It's option B.
As a result of the depreciation of the United States dollar by 5% against the Mexican peso, the U.S. dollar loses its value. The import prices of products from Mexico increase by 5%, making them more expensive in the United States.
Prices in the United States, on the other hand, have increased by 7%. As a result, products produced in the United States have become more expensive when compared to Mexico's products.
Your question is incomplete but most probably your full question was:
Suppose the U. S. dollar depreciates nominally against the Mexican peso by 5%. Assume furthermore that the price level in the United States increases by 7%, with no change in the price level for Mexico. From this we can conclude which of the following ?
A. The price of U.S.goods became cheaper relative to goods made in Mexico.
B. The price of U.S.goods became more expensive relative to goods made in Mexico.
C. There was no change in the real exchange rate.
D. The real exchange rate for the United States depreciated.
E. The U. S. will export more goods to Mexico
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Do you think this ad is effective? Why or why not? (1-5 sentences. 2.0 points)
Answer:
Where is the ad i am so confused
Explanation:
Marci has been offered two jobs. One is for an entry-level public relations
specialist in a big city, the other is for an entry-level public relations specialist
in a smaller town. Based on just this information, what factor might help
Marci decide which job offer to accept?
Answer: The pay offered and if she’ll be able to afford the lifestyle she wants at that location.
Explanation: yes
There are two occupations that Marci could accept. One is for a young public relations professional in a large city, the income provided, and whether she will be able to afford the lifestyle she wants there.
What do you meant by public relations?Public relations (PR) is the activity of organizing and distributing information to the general public from an individual or an organization (such as a company, a governmental body, or a nonprofit organization) in an effort to change that person's perception. Publicity is different from public relations in that publicity is not under internal control and is generated by third parties.
Public relations can be used by a business or individual to reach out to their audiences with news stories and issues of general interest without asking for money up front.
Much of the publicity comes from the media. This distinguishes it as a type of marketing communications from advertising. Instead of spending money on marketing or advertising, public relations seeks to generate or receive publicity for clients in the form of earned media.
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Sers of interdependent organizations participating in the process providing a payment mechanism for a provider while making a service or product accessible and available for use or consumption is the definition of
Answer:
Distribution channels
Explanation:
Distribution channels are made up of intermediary organisations that facilitates movement of goods between the suppliers and the consumers.
They are made up of wholesalers, distributors, and retailers.
They function by making a payment mechanism available to the supplier. Products are purchased and they are now made accessible to the consumer.
The main question distribution channels answers is - How do the products get to the customer?
pursue revenue growth via acquisition of a leading fast-casual dining chain such as panera bread.
Pursuing revenue growth through the acquisition of a leading fast-casual dining chain like Panera Bread can be a strategic move for a company.
By acquiring an established brand with a loyal customer base, the company can expand its market presence and potentially increase profits.
However, it is important to carefully consider the financial implications of such an acquisition, including the cost of the purchase, integration of the new brand into the company's existing operations, and potential risks associated with the acquisition.
Additionally, it is important to ensure that the acquisition aligns with the company's overall strategic goals and fits with its existing portfolio of brands.
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Lionel works for a company that is trying to reduce travel time for their employees and allow more people to work from home. What kind of cloud service can Lionel use to attend meetings with his remote coworkers?
A. Desktop as a Service.
B. Video conferencing application.
C. Cloud storage.
D. Cloud-hosted training modules.
The kind of cloud service that would help Lionel attend meetings with remote coworkers is a B. Video conferencing application.
What is a Video conferencing application?It is an application that allows for different people in various locations to have a video call with each other at the same time.
Lionel can use this app to talk to remote coworkers in various locations provided that they have an internet connection.
In conclusion, option B is correct.
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suppose productivity stood at 5.00 in year 1, and 5.25 in year 2. if year 1 is the base year, the productivity index for year 2 is multiple choice a) 0.25. b) 5. c) 105. d) 125.
The correct answer is option c) 105. The productivity index for year 2, compared to the base year, is 105, indicating a 5% increase in productivity.
The productivity index for year 2, with year 1 as the base year, can be calculated using the following formula:
Productivity index = (Productivity in year 2 / Productivity in the base year) * 100
Given that the productivity in year 1 is 5.00 (the base year) and the productivity in year 2 is 5.25, we can substitute these values into the formula:
Productivity index = (5.25 / 5.00) * 100 = 105
Therefore, the correct answer is option c) 105. The productivity index for year 2, compared to the base year, is 105, indicating a 5% increase in productivity.
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When looking at a financial aid award letter, which type of aid would you have to pay back?
a) Federal work-study
b) merit scholarship
c) federal pell grant
b) Perkins loan
Answer:
There are four components you need to consider: Yearly costs, such as tuition, fees, books, room and board, travel expenses, etc. Financial aid that you don't have to pay back, such as scholarships, grants, and work-study. Financial aid that you do need to pay back, such as as federal loans.
Explanation:
I hope this helps!How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answer:
What????..............
Your credit card as a credit limit of $1,000 in your credit card company reviews your credit line every six months they will not increase your credit line more than 10% each 6%. Assuming they increased you got eliminated 6-month. By 10% how long will it take to increase your limit to 1600
Answer:2.5 years
Explanation:
Find the area of a rectangle with the length measuring 8 km and the width measuring 5 km.
A. 26 m2
B. 40 m2
C. 40 km2
D. 26 km2
Answer:
The answer is C. 40 km^2
8km*5km = 40
A = L*W
L = 8 km
W = 5 km
What are the main roles of a central bank?
Conducting monetary policy to attain price stability low and stable inflation and assist in managing economic fluctuations is a crucial function of central banks. Recent years have seen significant changes to the policy frameworks within which central banks operate.
Globally, central banks are charged with a number of significant duties. Central banks produce money, which is subsequently used by individuals, households, and corporations to conduct transactions and, essentially, track where money is being spent. Additionally, central banks are responsible for ensuring the stability of the financial systems in their respective economies. To do this, they must continuously monitor lending standards throughout the economy and guarantee that credit is available when needed. In that situation, they also serve as the government and commercial banks.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!