How Is Credit Approval Generally Handled for Established Customers with a Documented

question 79

Multiple Choice

How is credit approval generally handled for established customers with a documented payment history?

• A) Specific authorization by the credit manager
• B) General authorization by a sales clerk
• C) A new credit application is requested
• D) A formal credit check should be made for each sale

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Definitions:

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit similar responses.

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal to emotion.

Positive Attitudes

A mental state involving positive feelings or beliefs about a person, object, or situation.

Slogans

Short, memorable phrases designed to encapsulate and promote the ideals, goals, or products of an entity.