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As a supervisor who follows progressive disciplinary practices, which step should be taken up next if an employee does not improve his or her behavior even after he or she has been suspended for a month?
Cost Of Switching
The cost of switching refers to the expenses and inconveniences a customer or company faces when changing products, services, or suppliers, including termination fees, setup costs, and time.
Incremental Cash Inflow
Additional cash earnings a company receives from undertaking certain actions, such as launching a new product or project.
Net 30 Credit Policy
A payment term that allows a customer 30 days to pay the full amount on an invoice without incurring interest or penalties.
Monthly Interest Rate
The interest rate applied to a loan or debt for each month, often used to calculate the interest expense on outstanding debt for the month.
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