• THE SIGNIFICANCE CREDIT MANAGEMENT IN BUSINESS ORGANIZATION


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    • ABSRACT - [ Total Page(s): 1 ]ABSTRACT    This project is to enlighten, motivate and give understating on the significance of Credit management in business organization, the Chapter One aspect will give  details in background of study, statement of problems objectives, scope of study, definition of the terms, the working hypothesis, history review shall emphasis  on the need for credit management, credit policy, collection, level of risk, historical standard for credit worthness indicators, account of sales and credit insurance.    The chapter three involve the research methodology, research design, determination o ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 4 ]CHAPTER ONEINTRODUCTION1.1    BACKGROUND OF THE STUDY    In some years back, cash management has become the most important sector of the financial management in many trading organization. This is because without adequate cash, a business can not exist. For this reason, cash is often des  cribed as the life blood of a business and it controls the means of maintaining commercial health. This serves. To emphasis one vital message that liquidity is a pre-requisite for commercial life and cash management is as natural as staying alive.    For single purpose of securing sales, credit is ex ... Continue Reading