Solved: Determine the risks associated with loyalty programs, Risk Management

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Determine the risks associated with loyalty programs

Discuss the below:

Loyalty programs are programs that recognize customers who repeatedly use services or buy products offered by a company. Examples include Bi-Lo's Bonus Card, Kroger's VIP card, frequent flyers, etc. Determine the risks associated with loyalty programs and identify the risk that is of most concern to you and why.

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Risk Management: Determine the risks associated with loyalty programs

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