For this assignment, pretend that you are a business owner, either in the product or service industry, who need to make a decision on the types of credit you wish to offer to your customers. You will write an essay comparing two types of business credit, see section 16-4c. Your essay should be a minimum of 500 words. Follow the steps below to complete this assignment:
- Select two types of business credits and conduct research on them.
- Describe in detail the advantage and disadvantages of your selected credit types. You MUST create a chart showing the advantages and disadvantages of each type of credit type discussed in Chapter 16.
- Explain the rationale of your decision and how your selected credit types will fit in your industry.
- Include in your essay, your answer for the following question â€“ â€œIf you can only offer one type of credit, see 16-4c in Chapter 16, for your business, what would it be and why?
- Follow APA guidelines for citing your sources and references..