Charles Associates is a retail outlet that sells smartphones.The store provides its customers with convenient installment payment options to facilitate the purchase of high-end phones.Which of the following functions is most closely associated with providing installment options?
A)Financing
B)Risk taking
C)Buying
D)Promotion
E)Physical distribution

Question

Quizplus · Accepted Answer

Providing installment payment options is a form of financing, as it involves the store providing credit to customers to purchase high-end phones.

Charles Associates Is a Retail Outlet That Sells Smartphones