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Decisions by boards of directors are always consistent with shareholder interests.
Variable Costs
Expenses that change in proportion to the level of goods or services produced, such as materials and labor costs.
Repeat Customers
Customers who return to a business to make subsequent purchases, showing loyalty and continued interest in a company's products or services.
Credit Scoring
A statistical analysis performed by lenders to assess the credit worthiness of credit applicants.
Credit Policy
A set of guidelines that a company follows to determine the credit terms for its customers, which can influence its accounts receivable and sales.
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