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Long-Term Customer Relationships ________ the Cost of Information Collection and Make

question 26

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Long-term customer relationships ________ the cost of information collection and make it easier to ________ credit risks.


Definitions:

Merit Pay

A pay increase given to employees based on their job performance, used as a motivational strategy by employers.

Multicultural Workforce

A diverse team of employees from various cultural backgrounds, enhancing creativity and problem-solving through different perspectives.

Diversity Goals

Targets set by an organization to achieve a more inclusive and representative workforce.

Fortune 500 Companies

An annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.

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