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

question 26

Multiple Choice

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

• A)reduce;screen
• B)increase;screen
• C)reduce;increase
• D)increase;increase

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Definitions:

Exercise Authority

The act of utilizing one's power or right to give orders, make decisions, and enforce obedience.

Progressive Ideology

A set of beliefs or political philosophy that emphasizes progress, reform, and improvement in societal conditions, often advocating for civil liberties, human rights, equality, and environmentally sustainable practices.

Social Harmony

The state of peaceful coexistence and cooperation among individuals in a community, contributing to overall societal stability.

Planning

The process of defining goals, establishing strategies to achieve those goals, and developing plans to integrate and coordinate activities.