Before I can properly explain the psychology of a bad debt, I must first define what a bad debt is. A bad debt is money owed to a business for services rendered. If you are not personally grounded in a strong sense of Mission, you have no clarity of vision, you are unsure of your personal values and the behavior you expect of yourself and you will, quite simply, never become a high performing business person.

In fact, there are four principles that if adopted and practiced consistently will help the business manager achieve a coherent and congruent management approach that delivers high performance and achieves outstanding results, not just within themselves, but indeed within the people around them as well.

The following colors are associated with certain emotions or qualities in North American culture. Read the Full Piece of writing third principle in becoming a high performance business person is creating a business environment where information sharing and communication are open and transparent.

Consumerism is about individuals or groups and how they select or buy secure and use or dispose products and services so that they can satisfy their needs of consumption and the practice of consumerism would also have a significant effect on society.

The psychology of culture requires further development in the areas of defining culture and in finding cultural roots that would highlight collective psyche or universal patterns of behavior. Psychology also helps determines which colors and surroundings make for a more productive work force.