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Tell me how you understood this module (recovery strategies). What is a strategy, a step, a selection condition?

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Answer from AI

In the debt collection strategies module:

  • Strategy — is a general plan or algorithm of actions for debt recovery. It describes the sequence of steps and conditions that need to be fulfilled.

  • Step — is a specific action or stage within the strategy, for example, sending a notification, calling the client, transferring the case to a collection agency.

  • Selection condition — is a criterion used to choose debtors or situations for applying a specific step. For example, the debt amount exceeds a certain threshold, or the overdue period is more than 30 days.

Thus, the strategy consists of a set of steps, each executed when certain selection conditions are met. This allows flexible adjustment of the collection process depending on the situation and the characteristics of the debtor.

Tell me how you understood this module (recovery… - sobes.tech