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Discuss the crossing the chasm model proposed by Geoffrey Moore.
Credit Policy
The guidelines a company follows to determine the creditworthiness of its customers and the terms and conditions of credit it will extend to them.
Bad Debts
Amounts owed to a company that are written off as uncollectible, typically from customers who fail to pay their invoices.
Credit Policy Relaxation
The act of making a company's criteria for extending credit more lenient, aiming to boost sales at the risk of higher bad debts.
Accounts Receivable
Unpaid dues from customers to a company for goods or services already delivered.
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