How Do Entities Manage Their Customer Credit Policies

question 40

Multiple Choice

How do entities manage their customer credit policies?

• A) Ask potential customers to complete a credit-scoring questionnaire.
• B) All of these options help entities to manage their credit policies.
• C) Set upper credit limits.
• D) Maintain strict payment terms.

---

Definitions:

Service

The action of helping or doing work for someone, often referred to in the context of providing intangible value such as customer support, maintenance, or consultation.

Staffing Tables

Charts or documents used by organizations to map out current personnel and forecast future staffing needs based on roles and departments.

External Labour Supply

The availability of potential job candidates outside an organization, which can influence an organization's ability to hire and the strategies it uses for recruitment.

Brand Recognition

The extent to which consumers are able to identify a brand by its attributes, logo, or products, signifying the presence of strong brand presence in the market.