Question: Explain each area below & explain the benefits & problems: Credit: Managed credit of adult members to raise credit/avoid high debts. Inventory: Include food, clothing,

Explain each area below & explain the benefits & problems:

  1. Credit: Managed credit of adult members to raise credit/avoid high debts.
  2. Inventory: Include food, clothing, & other rising cost of family purchases.
  3. Long-term Fin Investments: Include long-term goals of quality education, buying a car, homeownership, & increase income via entrepreneurship.
  4. Time value of Money: How can the time value of money help family fin?
  5. Corporate Social Responsibility (CSR); How does it relate to the primary goal of a corporation, business ethics, and family/community values?
  6. Covid/inventory management: Discuss its meaning and impact.

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Credit Managed credit refers to the practice of managing credit accounts for adult members in order to raise their credit scores and avoid high levels ... View full answer

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