The excitement that antonio, a big-picture person, felt when he was appointed inventory control manager waned soon after accepting the position. he expected he would be responsible for determining the appropriate quantity-in-stock for each of his firm's items and managing inventory costs. instead, his job was data entry long dash all day, every day. his performance suffered because

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan