As marketing manager of fly-by-night, a commuter airline that specializes in red-eye flights, you believe that the internet is a good way to reach businesspeople with your communications. but you know this target audience ignores most advertising and actively hates distractions like pop-up or pop-under ads. therefore, you put your money behind the development of messages

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

Its stage conventional