Key characteristics of a ________ are an innovative culture and knowledge-based organizational capability.
A) developed nation
B) born global firm
C) homogeneous company
D) globally diverse firm
Answers
A) developed nation, is the correct option. Developed nations are characterized by an innovative culture and knowledge-based organizational capability.
Developed nations typically have advanced economies, infrastructure, and institutions that foster innovation and knowledge creation. They prioritize research and development, invest in education and technology, and have a strong emphasis on intellectual property protection.
These nations often have a well-educated workforce and a culture that values creativity, critical thinking, and entrepreneurship. Knowledge-based organizational capability refers to the ability of companies within a nation to leverage knowledge, both internally and externally, to drive innovation, make informed decisions, and adapt to changing market conditions.
This capability is built upon a foundation of knowledge sharing, collaboration, continuous learning, and the effective use of information and technology within the organization.
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Related Questions
Julie is completing her PowerPoint presentation on rescue dogs. She wants to include a picture of her dog as the background of her title slide. Under what tab can Julie find this feature? Animations Design Home Slide Show
Answers
Answer:
Its probably too late. but its Design
Explanation:
Answer:
Design
Explanation: I did the test and got it right
Richard and Linda are the only two employees of Bush Company. In January 2013, Richard's gross pay was $5,500 and Linda's gross pay was $5,200. Each employee pays federal income tax equal to 25% of gross pay. In addition, Linda pays $200 for insurance premiums and Richard pays $225. Each has $25 withheld for life insurance premiums. Assume a FICA tax rate of 8% on all earnings, a federal unemployment tax rate of 0.8%, and a state unemployment tax rate of 5.4%. The unemployment taxes are based on the first $7,000 of employee annual earnings.
A. debit to FICA tax payable for $856.
B. debit to employee income tax payable for $2,675.
C. credit to state unemployment tax payable for $578.
D. debit to federal unemployment tax payable for $86.
Answers
Answer:
A.
Explanation:
what is a share of ownership in a company?
Answers
Answer:
A share is a single unit of ownership in a company or financial asset. It is essentially an exchangeable piece of value of a company which can fluctuate up or down, depending on several different market factors. Companies divide capital into shares as a means of raising capital. Shares are also known as stocks.
Explanation:
What is confounding variable example?
Answers
Confounding variables are any other variable that also has an effect on your dependent variable.
A confounding variable is an unmeasured third variable that influences both the supposed cause and the supposed effect.
In an experiment, the independent variable typically has an effect on your dependent variable. For example, if you are researching whether lack of exercise leads to weight gain, then lack of exercise is your independent variable and weight gain is your dependent variable.
Confounding variables are any other variable that also has an effect on your dependent variable. They are like extra independent variables that are having a hidden effect on your dependent variables.
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why, without some government intervention, might we expect the public goods to be less than what is socially optimal?
Answers
Without government intervention, we might expect public goods to be less than socially optimal due to the free-rider problem.
In this scenario, individuals can benefit from the good without having to pay for it, leading to a lack of incentive to pay for the good. This results in under-provision of public goods as individuals will not be willing to contribute to the cost of producing the good.
This is inefficient as the collective benefit of producing the good outweighs the cost of producing it, but the free-rider problem prevents the socially optimal amount of public goods from being provided.
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The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration
Answers
Answer:
B. Management.
Explanation:
Management can be defined as the process of controlling and making decisions about a business.
The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.
Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.
Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.
What was the effect of World War I on the global economy? a. European and Russian economies struggled to recover, but the United States' economy was growing until the stock market crashed. b. World War I decimated the economies of all the nations who participated. c. The Russian economy grew while the United States' economy struggled to recover. d. The economies of the United States, Russia, and most European countries were strong, with the exception of Germany.
Answers
European and Russian economies struggled to recover, but the United States' economy was growing until the stock market crashed. Option A
World War I had a profound impact on the global economy. The economies of European countries, especially those directly involved in the war, were severely disrupted.
The massive destruction of infrastructure, loss of productive resources, and high government debt hindered their recovery. Additionally, the war caused significant human casualties and displaced populations, further straining economic stability.
Russia experienced the Bolshevik Revolution in 1917, which resulted in the establishment of a communist government. This political upheaval and subsequent civil war led to economic instability in Russia.
In contrast, the United States initially benefited from the war by supplying goods, raw materials, and loans to European countries. Its economy experienced growth during the war period, driven by increased industrial production and exports.
However, the economic expansion in the United States was not sustained. The stock market crash in 1929, which marked the beginning of the Great Depression, had a severe impact on the American economy. Option A
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You are trying to estimate the risk free rate for peru. Suppose you don't trust the yields on peruvian c-bonds and want to use another approach which relies on the us risk free rate and scales it up by the ration of inflation rates in peru and us. Use the answer from question 1 as the us risk free rate. The us inflation rate is 0. 62%; in peru it is 1. 87%. What is your estimate of the peruvian risk free rate?
Answers
The calculation for risk free rate for Peru, after considering the inflation rate in both places, is found to be 2.80%.
To estimate the risk-free rate in Peru using the US risk-free rate and the inflation rates of both countries, we can use the following formula:
Peruvian Risk-Free Rate = US Risk-Free Rate + (Peruvian Inflation Rate - US Inflation Rate)
Plugging in the given values, we get:
Peruvian Risk-Free Rate = 1.55% + (1.87% - 0.62%)
Peruvian Risk-Free Rate = 1.55% + 1.25%
Peruvian Risk-Free Rate = 2.80%
Therefore, our estimate of the Peruvian risk-free rate is 2.80%.
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an advantage of a pull strategy is that it reduces inventory carrying costs and allows customization of products. group of answer choices true false
Answers
It is accurate to say that a pull strategy has the advantages of lower inventory carrying costs and product customization.
Push marketing, to put it simply, includes promoting your brand to audiences (usually with paid advertising or promotions). Pull marketing, on the other hand, refers to using a technique that inevitably increases consumer interest in your company's name or goods (usually with relevant and interesting content).
Push marketing is a more extensive, sort of shotgun approach that comprises raising the visibility of your company, its goods, or its services in order to achieve the best results, but at a cost. Typically, this leads to quicker sales.. The flip side of push marketing is that it frequently necessitates financial outlay. Pay-per-click (PPC) advertising is one of the most widely used types of push marketing, allowing advertisers to place banners, display advertisements, search engine ads, and shopping ads across a variety of platforms in exchange for a small fee each time their ad is clicked.
In contrast, pull marketing depends on an increase in organic traffic. The goal behind this is to offer your target audience high-value material that is relevant to them and encourage interaction. Naturally, this does not suggest inaction.. Pull marketing is the practice of recognizing that customers are already actively looking for the goods, services, or knowledge you provide, making it simpler for them to locate it, and facilitating their progress toward their ultimate objective.
Search engine optimization is one of the pull marketing strategies that is most widely used (SEO)
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if the coefficient of determination between the price of a house and it square footage is 65%, what percentage of the variation in the price of the house is explained by its size?
Answers
A measure of how much change in one variable can be "explained" by variation in another is called the coefficient of determination, or r2. For instance, if the correlation between two variables is 0.8, then r2 is equal to 0.64.
What degree of variation needs to be explained?Additionally, it has significant ramifications for the design of investigations. Theoretically, we should be able to explain all of the variance in data, however in biological studies, noise and randomness may significantly lower this amount.
The calculation method for explained variationThe total of the squared deviations between each expected y-value and the mean of y constitutes the explained variance. The unexplained variation is calculated as the sum of the squared discrepancies between each ordered pair's y-value and its corresponding.
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When determining storage locations in a warehouse with a single dock, the items that should be placed closest to the dock are those that have the lowest:A) cost per unit.B) number of trips / blocks of storage area needed.C) number of trips.D) annual volume × unit cost.E) number of trips × blocks of storage area needed.
Answers
The items that should be placed closest to the dock are those that have the lowest number of trips × blocks of storage area needed.(E)
When determining storage locations in a warehouse with a single dock, it's essential to optimize space utilization and reduce material handling efforts.
By placing items with the lowest number of trips and blocks of storage area needed close to the dock, you minimize the distance traveled and the time spent on handling those items.
This approach also helps to reduce labor costs and increase efficiency in the warehouse operations.
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Employers typically base decisions on false impressions and stereotypes when they fail to clarify in advance what traits and knowledge are necessary for a specific job.TrueFalse
Answers
Employers typically base decisions on false impressions and stereotypes when they fail to clarify in advance what traits and knowledge are necessary for a specific job. - True
Employers may use preconceptions and unconscious biases to decide who to recruit or promote if they fail to specify the precise skills and credentials needed for a position. This may result in prejudice towards particular categories of people and a less qualified and varied workforce. Employers must explicitly state the requirements and duties of a position in job advertising and throughout the interview process to prevent this.
Additionally, they ought to offer managers training and tools to help them prevent unintentional prejudice while making hiring and promotion choices. They should also evaluate candidates using objective indicators of job performance, such as work samples and skill exams.
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List and describe 5 characteristics of “Wise Money Manager”?
Answers
Explanation:
Wise money managers get the most from their limited incomes through careful planning, saving, and spending. They set goals, make wise decisions, buy wisely, and live within their incomes.
In which of the years was libertyville most likely experiencing a trough in its business cycle?
Answers
In the year 2016, Libertyville most likely experienced a trough in its business cycle.
What do you mean by trough?The level of the economy's enterprise cycle that marks the cessation of a duration of declining enterprise pastime and the transition to expansion is known as a trough.
The enterprise cycle is the upward and downward motion of gross home product and includes recessions and expansions that lead to peaks and troughs.
Thus, In the year 2016, Libertyville most likely experienced a trough in its business cycle.
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What are the symptoms of a tooth abscess spreading?
Answers
A mouth abscess may take several months to develop. There will often be noticeable pain and swelling close to the affected tooth after an abscess has formed. It may take a few more weeks or months for the infection to spread to other tissues and cause problems if it is not treated.
Can an abscessed tooth be stopped in its tracks with medication?It's possible that you won't require antibiotics if the illness is restricted to the abscessed area. However, if the illness has already impacted your jaw, neighboring teeth, or other places, your dentist is likely to recommend medications to stop it from spreading. If your immune system is compromised, your dentist may also advise taking antibiotics.
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A mutual fund manager expects his portfolio to earn a rate of return of 11% this year. The beta of his portfolio is 0.6. The risk-free rate is 4%, and the market risk premium is 10%. Should you invest in this mutual fund? Select one: a. Don't invest; return is low relative to the risk. b. Invest; expected return is less than required return given its risk. c. Don't invest; return is high relative to the risk. d. Invest; expected return is greater than required return given its risk.
Answers
The expected return of the portfolio is 11%, which is greater than the required return of 10%. Therefore, you should invest in this mutual fund. So the correct answer is option d. Invest; expected return is greater than required return given its risk.
To determine whether you should invest in the mutual fund, we need to compare the expected return of the portfolio with the required return given its risk.
The required return can be calculated using the Capital Asset Pricing Model (CAPM):
Required return = Risk-free rate + Beta * Market risk premium
Risk-free rate = 4%
Beta of the portfolio = 0.6
Market risk premium = 10%
Required return = 4% + 0.6 * 10%
Required return = 4% + 6%
Required return = 10%
The expected return of the portfolio is 11%, which is greater than the required return of 10%. Therefore, you should invest in this mutual fund.
Therefore the correct answer is option d. Invest; expected return is greater than required return given its risk.
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The stock of Gates, Inc., is widely held, and the company is under the
jurisdiction of the Securities and Exchange Commission. In the annual report,
information about the significant accounting policies adopted by Gates should
be
A. Included as an integral part of the financial statements-
B. Presented as supplementary information
C. Omitted because it tends to confuse users of the report
D. Omitted because all policies must comply with the regulations of the Securities and Exchange Commission
Answers
B. Presented as supplementary information. In the annual report, information about the significant accounting policies adopted by Gates, Inc., should be presented as supplementary information.
These accounting policies provide important information about the company's financial reporting practices and help users of the financial statements understand how the company prepares its financial statements. Presenting them as supplementary information ensures transparency and helps users make informed decisions based on the financial information provided.
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intro abc corp. has just paid a quarterly dividend of $0.33. abc's dividends will grow by 5% for the next 4 quarters, and then grow by 0.5% thereafter. abc has a quarterly required return of 4%. attempt 2/10 for 10 pts. part 1 what is the value of the stock? 1 decimals
Answers
The value of the stock can be calculated using the dividend discount model (DDM). The DDM takes into account the future dividends and the required return.
To calculate the value of the stock, we need to find the present value of the future dividends. First, let's calculate the future dividends. Then the dividend will grow by 5% for the next 4 quarters. So, the future dividends will be Quarter 1: $0.33 * (1 + 0.05) = $0.3465, Quarter 2: $0.3465 * (1 + 0.05) = $0.3648, Quarter 3: $0.3648 * (1 + 0.05) = $0.383, Quarter 4: $0.383 * (1 + 0.05) = $0.4021,From the 5th quarter onwards, the dividend will grow by 0.5% each quarter.
Next, we need to calculate the present value of these dividends. We'll use the formula that is Present Value = Dividend / (1 + Required Return)^n, For example, the present value of the first dividend ($0.3465) = $0.3465 / (1 + 0.04)^1 = $0.3332, We repeat this calculation for each dividend and sum them up to get the value of the stock. Overall, the value of the stock can be calculated by finding the present value of the future dividends using the dividend discount model.
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If you buy a computer directly from the manufacturer for $2,903 and agree to repay it in 48 equal installments at 1.73% interest per month on the unpaid balance, how much are your monthly payments?
Answers
Your monthly payments for repaying the computer purchase would be approximately $50.21, assuming an interest rate of 1.73% per month on the unpaid balance, with 48 equal installments.
To calculate the monthly payments for repaying the computer purchase, we can use the formula for the monthly payment of an installment loan.
The formula for the monthly payment of an installment loan is given by:
M = (P * r) / (1 - (1 + r)^(-n)),
where:
M = monthly payment
P = principal amount (purchase price)
r = monthly interest rate
n = number of periods (number of months)
In this scenario:
P = $2,903 (purchase price)
r = 1.73% per month, which is 0.0173
n = 48 months
Substituting these values into the formula, we can calculate the monthly payment (M):
M = ($2,903 * 0.0173) / (1 - (1 + 0.0173)^(-48)).
M = $50.21.
Therefore, your monthly payments for repaying the computer purchase would be approximately $50.21, assuming an interest rate of 1.73% per month on the unpaid balance, with 48 equal installments.
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Is there any way for a monopoly to operate more efficiently than a competitive market? why or how?.
Answers
The equilibrium point in a competitive market exists at the point of optimal market efficiency.
What is competitive market?A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
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Discuss 15 ways of using the theory of comparative advantage of solving the economic crisis in Ghana
Answers
Encouraging businesses to specialize in goods and services where they have a comparative advantage, leads to increased efficiency and competitiveness. Identifying the sectors in which Ghana has a comparative advantage and focusing on developing these industries through investment and infrastructure development.
Promoting exports of goods and services that Ghana has a comparative advantage in, to increase foreign exchange earnings. Encouraging foreign investment in sectors where Ghana has a comparative advantage.
Improving the education and skill levels of the workforce to increase their comparative advantage in the global market. Promoting entrepreneurship in sectors where Ghana has a comparative advantage.
Encouraging research and development to increase innovation and comparative advantage. Strengthening the legal and regulatory framework to attract foreign investment and promote business growth.
Improving the efficiency and productivity of businesses to increase their comparative advantage. Diversifying the economy to reduce dependence on a single sector and increase comparative advantage in multiple sectors. Improving transportation and communication infrastructure to increase the competitiveness of businesses. Encouraging the development of small and medium enterprises to increase competitiveness and comparative advantage.
Promoting collaboration and partnerships between businesses to increase their comparative advantage. Encouraging the development of new technologies to increase efficiency and comparative advantage. Fostering a business-friendly environment to increase investment, competitiveness, and comparative advantage.
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When British regulators were forced to suspend the license of a flu vaccine plant in Liverpool operated by the Chiron Corporation due to concerns over bacterial contamination. As a result, the number of flu vaccines available in the United States market decreased by 48 million doses. This was nearly half of the total supply of vaccines in the market. A. Shift the appropriate curve or curves to show this dramatic change in the market for flu vaccines. Market for flu vaccines S D b. As a result of the decline in available flu vaccines, the equilibrium price should , and the equilibrium quantity should
Answers
(a) As a result of suspending license of vaccine plant, the supply of flu vaccines will decrease. Thus, the supply curve will shift to the left (shift the blue curve to the left)
What are the equilibrium quantity and price?The price at which consumer and producer plans coincide, i.e., when quantity sought by consumers equals quantity provided by producers, is known as equilibrium pricing. Any market's equilibrium price is the one at which supply and demand are equal. When a product is in equilibrium amount, there is neither a shortage nor an overabundance of it on the market. When supply and demand are in balance, the quantity of a good that consumers want to purchase is equal to the quantity that its suppliers are supplying.
(b) Thus, the equilibrium price should increase and the equilibrium quantity should decrease.
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The complete question is attached below:
paulson's pet store completed the adjusted trial balance for the year ended december 31, 20--. owner's equity as of january 1, 20--, was $504,320. the current portion of note payable is $2,000.
Answers
Paulson's pet store completed the adjusted trial balance for year ended december 31, 20-, net income is 78080, total assets 639400, total liabilities 31,800, total Liabilities and equity 639,400.
What is trial balance?The closing balances of the company's numerous general ledgers are included in an accounting report called the trial balance. Businesses utilize trial balance, which is list of credit and debit entries, to internally evaluate their double-entry accounting systems. Checking to see if any entries were made in the wrong account and making sure that the sum of all debits and credits equals one another are the objectives. In business and accounting, net income is the income of a firm less cost of goods sold, costs, depreciation and amortization, interest, and taxes for a certain accounting period.
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What is abnormal demand
Answers
3) Structural inflation. This is related to the inefficiency of services provided by the infrastructure of a given economy, that is, it is based on the rigidity of the supply of goods and services of that economic structure.
pt br
1) Inflação de demanda. Aumento na procura de um determinado bem, sem que exista uma resposta compatível da oferta, sendo assim necessário aumentar o valor desse bem para equilibrar a economia. 2) Inflação de custo. Também pode ser chamada de inflação de oferta, e é aquela na qual ocorre um aumento em fatores que incidem diretamente sobre o produto. Por exemplo, caso ocorra o aumento do valor da matéria-prima, os produtos que são derivados dessa matéria irão sofrer uma inflação. Essa inflação pode ocorrer também em virtude da elevação das taxas de juros, salários, combustíveis e tarifas públicas.
3) Inflação estrutural. Esta se relaciona com a ineficiência de serviços fornecidos pela infraestrutura de uma determinada economia, ou seja, é baseada na rigidez da oferta de bens e serviços dessa estrutura econômica
Answer the questions below as it relates to Targeting by Decile Grid: The Market Basket consists of the top 5 companies in the 3D printer business. In Q4 2019, the total number of 3D printers sold within the Market Basket was 10,000. Your company sold 2,000 printers which represent a 20% Market Share of this Market Basket. Assume that the Marketing Department has determined it will focus its efforts on 1,000 target accounts (customers) Using your knowledge of Targeting by Decile (3 Rows of 10 Columns (boxes) each); Title the first row AND complete the 10 columns in this row Title the second row AND complete the 10 columns in this row Title the third row AND complete the 10 columns in this row (the information in these 10 columns is NOT known with specific certainty but make it DIRECTIONALLY CORRECT)
Answers
The companies are listed alphabetically as placeholders, and the actual prioritization may vary based on various factors such as market analysis, customer data, and business strategies.
Title: Targeting by Decile Grid
Row 1: High Priority Accounts
Column 1: Company A
Column 2: Company B
Column 3: Company C
Column 4: Company D
Column 5: Company E
Column 6: Company F
Column 7: Company G
Column 8: Company H
Column 9: Company I
Column 10: Company J
Row 2: Medium Priority Accounts
Column 1: Company K
Column 2: Company L
Column 3: Company M
Column 4: Company N
Column 5: Company O
Column 6: Company P
Column 7: Company Q
Column 8: Company R
Column 9: Company S
Column 10: Company T
Row 3: Low Priority Accounts
Column 1: Company U
Column 2: Company V
Column 3: Company W
Column 4: Company X
Column 5: Company Y
Column 6: Company Z
Column 7: Company AA
Column 8: Company BB
Column 9: Company CC
Column 10: Company DD
The specific information in the 10 columns of each row is not known with certainty, but the general direction of prioritization is provided. The companies are listed alphabetically as placeholders, and the actual prioritization may vary based on various factors such as market analysis, customer data, and business strategies.
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How much would $100, growing at 5% per year, be worth after 75 years?. A.$4,077.43. B.$4,281.30. C.$3,883.27. D.$3,689.11. E.$4,495.37
Answers
Option C is correct. If it grows at an annual rate of 5%, the value of $100 after 75 years is $3,883.27.
The formula for compound interest is Cn = C1(1 + i) raised to the power "n". where Cn is the principal plus accrued interest, C1 is the principal, i is the interest rate, and n is the number of years. So the calculation is:
Cn = $100 * (1 + 0.05) increased to 75
Cn = $100 * 38.8326
Cn = $3,883.27
Compound interest is interest on savings calculated on both the principal and the interest accumulated from previous periods.
"Interest on interest" or the power of compound interest probably originated in Italy in the 17th century. The total increases faster than simple interest, which is calculated on principal only.
With compound interest, money doubles at an accelerated rate, and the higher the number of compounding periods, the higher the compound interest.
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_____ is/are the buying and selling of U.S. government securities. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices Open market operations Reserve requirements The federal funds rate The discount rate
Answers
The correct answer is "Open market operations". Open market operations refer to the buying and selling of U.S. government securities, such as Treasury bills and bonds, by the Federal Reserve in the open market.
The purpose of open market operations is to control the money supply and influence short-term interest rates. When the Federal Reserve buys government securities in the open market, it injects money into the banking system, increasing the money supply. This leads to lower short-term interest rates, as banks have more money to lend. Conversely, when the Federal Reserve sells government securities, it reduces the money supply, which increases short-term interest rates, as banks have less money to lend. Open market operations are one of the primary tools that the Federal Reserve uses to implement monetary policy. By buying and selling government securities, the Federal Reserve can influence the supply of money and credit in the economy, and thereby affect economic activity and inflation.
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What is the primary goal of blogs written for organizations and aimed at external audiences?.
Answers
The main motive or the primary goal of a blog, which is written for organizations and is aimed at external audience, is to create effective public relations.
What is a blog?A textual form of an article, which is written in a way that not formal, whereas, it builds a conversation between the blogger and the reader, are known as blogs.
Hence, the significance of blogs is aforementioned.
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In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?
A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity
Answers
Answer:
D.) Uniformity
Explanation:
I just did it it was correct and this is just if you need a second opinion.
In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.
What is currency?When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.
For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.
Thus, Option D is correct.
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Which factor would credit card companies most likely use to determine a applicant's creditworthiness?
A. Political ideology
B. Number of children
C. Occupation and salary
D. Race and ethnicity
Answers
A factor that is used to determine an applicant's creditworthiness is occupation and salary.
What determines an applicant's creditworthiness?An applicant's creditworthiness is the measure of the ability to be able to repay a debt. The creditworthiness is determined by occupation and salary and faithfulness with repaying previous debts. A credit score is usually used to indicate credit worthiness.
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