Ethics in Credit Repair: Building Trust and Success
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Questions and Answers

What is the key to enduring success in the realm of reputation?

  • Aggressive marketing
  • Proactive management (correct)
  • Reactive crisis management
  • Competitive pricing

What is the main focus of Module 13?

  • Business finance management
  • Marketing strategies
  • Credit repair laws
  • Ethics and consumer protection (correct)

What is the ICE Technique used for?

  • Developing marketing strategies
  • Navigating ethical dilemmas (correct)
  • Analyzing financial data
  • Creating business plans

Why are ethical practices important in credit repair?

<p>To build trust and credibility with consumers (A)</p> Signup and view all the answers

What is the primary purpose of consumer protection laws?

<p>To protect consumers (A)</p> Signup and view all the answers

What is the outcome of understanding and adhering to consumer protection laws?

<p>Avoiding legal pitfalls (B)</p> Signup and view all the answers

What is the role of integrity in building consumer trust?

<p>Establishing a framework for fair and transparent business practices (C)</p> Signup and view all the answers

What is the significance of transparency in credit repair?

<p>To build trust and credibility with consumers (C)</p> Signup and view all the answers

What is the primary focus of consumer advocacy?

<p>Protecting consumers (C)</p> Signup and view all the answers

What is the outcome of making ethical decisions in credit repair?

<p>Building trust and credibility with consumers (C)</p> Signup and view all the answers

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