Question
Four factors that a retailer would consider before allowing a customer to buy goods on credit.
Answer
- Availability of adequate stock
- Frequency with which the customer buys
- Creditworthiness of the customer
- Payment period
- Honesty of the customer
- The amount of goods the customer wants
- Frequency with which the customer buys
- Creditworthiness of the customer
- Payment period
- Honesty of the customer
- The amount of goods the customer wants
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