The following is a picture of what type of phenomenon?
Definitions:
Credit Policies
The guidelines and terms that a company establishes to manage the offering of credit to its customers, including repayment terms and credit limits.
Discount
A reduction on the normal selling price of a product or service, often used as a sales incentive to increase demand or reward customer loyalty.
Formal Training Program
An organized education or instructional course designed to impart a specific set of skills or knowledge, typically in a professional context.
Selling
Convincing a person to acquire a product or service.
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