Understanding Business
Understanding Business
13th Edition
ISBN: 9781264249527
Author: Nickels, William G.
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
Book Icon
Chapter 20, Problem 2CT
Summary Introduction

To think critically about: The various means to make payment, necessity to keep cash, trending payment method and reasons for satisfaction due to such payment trend.

Introduction: Cash is hard currency used as a medium of exchange of goods and services amongst people and organizations.

Online payment is a mechanism through which payment in exchange of goods or services can be made using electronic modes.

Blurred answer
Students have asked these similar questions
1. Explain with the help of diagram(s) (a) how the producer's and consumer's risks are related to the natural tolerance set at ±30 in a control chart, and (b) how the two risks are involved in the typical OC-curve?
How the strategies of Faith relate to today's Conducting Business Research from Biblical
Are there particular Industries that should have labor unions more than others? If so which ones and, of course, why?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing