Author Question: What is most likely to occur in the second phase of the reverse product cycle theory? a. the ... (Read 40 times)

misspop

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What is most likely to occur in the second phase of the reverse product cycle theory?
 
  a. the adopted technology is employed to make existing services more efficient
  b. incremental improvements are most likely to occur
  c. the new technology is used to make the service more efficient
  d. the technology is used to create new services, making changes radical

Question 2

What are the Five C's of borrowing?
 
  What will be an ideal response?



sultana.d

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Answer to Question 1

c

Answer to Question 2

Collateral, character, capacity, capital, and conditions are the five C's of borrowing. Bankers operate on these principles of credit. Collateral refers to security, character to credit history, capacity to debt service, capital to the borrower's skin in the game, and conditions to the terms of the loan.



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