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An Exit Strategy Should Be Reviewed and Changed Periodically Because

question 59

True/False

An exit strategy should be reviewed and changed periodically because conditions change.

Identify the role of legislation in promoting ethical business practices.
Realize the importance of trust in building and maintaining business relationships.
Understand how individual and organizational actions affect ethical standards and practices.
Learn methods for evaluating and making ethical decisions in business.

Definitions:

Contextual Cues

Environmental or situational indicators that help individuals understand and respond appropriately to different circumstances.

Serial-Position Effect

A psychological phenomenon in which a person tends to remember the first and last items in a series better than the middle items.

Retrieval

The process of accessing and bringing into consciousness information stored in memory.

Stored Information

Data or knowledge retained in the mind or in digital/formal systems for future use.

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