Purchase Solution

Determining a Company's Credit Policy

Not what you're looking for?

Ask Custom Question

How does a company determine its credit policy?

Purchase this Solution

Solution Summary

Solution explains how a company often determines its credit policy.

Solution Preview

A credit policy is a guideline that a company uses to determine which customers are sold items on open accounts, the payment terms, the limits for outstanding accounts and how to recover delinquent accounts (www.entrepreneur.com). A company needs to determine just how much credit each customer will receive and under what circumstances. The credit policy should be based on the type of company giving the credit, ...

Purchase this Solution

Free BrainMass Quizzes
Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.