The Potential Advantages of Extending Credit Include All of the Following

question 123

Multiple Choice

The potential advantages of extending credit include all of the following except:

• A)higher selling expenses.
• B)higher profits.
• C)higher customer satisfaction.
• D)higher revenues.

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Definitions:

Negative Consequences

Unfavorable or harmful outcomes that result from an action or decision.

Improved Performance

Refers to the enhancement of efficiency, productivity, and quality of work in individuals or organizations, often through specific strategies or interventions.

Schedules of Reinforcement

The specific patterns and rates at which behaviors are rewarded or punished, influencing how quickly and strongly a behavior is learned or extinguished.

Verbal Compliments

Verbal compliments are expressions of praise or admiration communicated through spoken words to acknowledge someone's qualities or achievements.