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Assume there are two competitor firms, ABC and XYZ. ABC had no credit losses last year, but 2% of XYZs accounts receivable proved to be

Assume there are two competitor firms, ABC and XYZ. ABC had no credit losses last year, but 2% of XYZs accounts receivable proved to be uncollectible and resulted in losses. Should XYZ fire its credit manager and hire ABCs? Defend your response

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