Examlex
On the communication style grid,the two communication styles with low dominance are reflective and supportive. Salespeople with these two communication styles would be best suited for sales situations in which:
Default
The failure to meet the legal obligations or conditions of a loan, such as not making payments on time.
Credit Policy
Refers to a set of guidelines that a company uses to determine how much credit to extend to customers.
Credit Analysis
The process of evaluating an applicant's loan request or a corporation's debt issue in order to determine the likelihood of the borrower defaulting on their financial obligations.
Collection Policy
A collection policy outlines the procedures and guidelines a company follows to manage and recover overdue accounts receivable from customers.
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