Credit management is the process of deciding which customers to extend credit to and evaluating those customers' creditworthiness over time. It involves setting credit limits for customers, monitoring customer payments and collections, and assessing the risks associated with extending credit to customers.
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Credit management is the way one handles the money borrowed from banks or credit providers. It is recommended when making a payment each month to pay more than the minimum about due.
A.O.A DEARS, I want to know the answer of this question in view of Principle of Management so Plz give the authentic answer"what do you mean from the term management?"
management is all about planning, organizing, leading and controlling.
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Management cadre is a career management program and or or group of employees strategizing/ learning the management protocol. Done with individuals that are likely to become a manager.
inventory management at both suppliers and consumers end