1 for how long had costco exclusively accepted american, Ask an Expert

Management Studies

1. For how long had Costco exclusively accepted American Express cards?
2. Why do you think American Express' stock price fell 6.4% on news this agreement would not be renewed?
3. Does the fact that American Express' stock price fell on the news mean that American Express made a mistake when it did not agree to Costco's terms? Why or why not?
4. Why do you think few retailers have exclusive agreements with a single credit card company?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M91220812

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