When it's right to fire a client

When it's right to fire a client

Assessment

Interactive Video

Business

University

Hard

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The video discusses a challenging client relationship that was financially draining and negatively impacting company culture. Despite the financial benefits, the decision was made to end the relationship, which led to improved team morale and business growth. The experience highlights the importance of evaluating client relationships and making tough decisions for the overall health of the business.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main issue with the largest paying client?

They were too demanding in terms of product quality.

They were not paying on time.

They were difficult to satisfy despite high fees.

They were not providing enough work.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the speaker decide to let go of the difficult client?

The client was not providing enough work.

The client had a negative impact on company culture.

The client was affecting the company's financial stability.

The client was not paying enough.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the client react to being let go?

They were angry.

They were indifferent.

They were surprised.

They were relieved.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the positive outcomes after letting go of the client?

The team had more time for positive activities.

The company faced financial difficulties.

The team was demotivated.

The company lost more clients.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the speaker encourage others to consider?

To always keep high-paying clients.

To regularly assess the impact of clients on company culture.

To focus solely on financial gains.

To avoid making any changes to client relationships.