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Although There Are Some Clear Disadvantages Associated with Extending Credit

question 190

Multiple Choice

Although there are some clear disadvantages associated with extending credit to customers,such as bad debt costs,most managers believe a particular advantage outweighs the costs.To which primary advantage do they refer?

Grasp the audience-centered approach in business communication.
Acknowledge the ethical considerations in business communication.
Understand the significance of communication skills in the workplace.
Recognize the importance of adapting messages to specific audiences.

Definitions:

Perceiver's Needs

The requirements or desires of an individual who is assessing or interpreting a situation, which can influence their perspective.

Preconception

An opinion or conception formed in advance without adequate evidence, which can influence one's perception and reactions.

Frames

Mental structures or perspectives that individuals use to view and interpret information, shaping how situations are perceived and understood.

Interpretation

The act of explaining or understanding the meaning of something, such as data, words, or events.

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