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Evaluation of Credit Management in the Manufacturing Company

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Evaluation of Credit Management in the Manufacturing Company
TABLE OF CONTENT
Title page
Approval page
Dedication
Acknowledgement
Table of Content

CHAPTER ONE
1.0 Introduction
1.1 Background of the Study
1.2 Purpose of the Study
1.3 Scope and Limitation of the Study
1.4 Significance of the Study
1.5 Definition of Terms

CHAPTER TWO
2.0 Literature Review
2.1 Development of Credit in Business Management
2.2 Importance of Trade Credit
2.3 Review of the Related Topic
2.4 Legal Consideration for Effectiveness of Credit Control and Management
2.5 Consideration for Effectiveness of Credit Control and Management
2.6 Credit Determination Factors
2.7 Credit Costs
2.8 Risk Evaluation
2.9 Determination of Credit Limits
2.10 Collection Procedure
2.3.0 Appraisal of the Efficacy of Credit Control and Managements

CHAPTER THREE
3.0 Research Methodology
3.1 Historical Background of the case Study
3.2 The Research Design
3.3 Method of Data Collection

CHAPTER FOUR
4.0 Data Presentation
4.1 Data Interpretation
4.2 Data Analysis
4.3 The Data Collection Procedure
CHAPTER FIVE
5.0 Summary and Observation
5.1 Conclusion
5.2 Recommendation

CHAPTER ONE

1.0 INTRODUCTION A manufacturing company is a company that is engaged in the transformation and conversion of raw materials (inputs) into finished product known as outputs. Economics wise, manufacturing could be said to be the second stage of production. Therefore, a manufacturing company turns raw materials or an input into finished goods, mostly with the objectives of maximizing profits. For the objective of any manufacturing company to be realized, goods produced will have to be sold out for the consumption of the people. This is done in mist cases through sales on credit (trade credit) or sales con cash basis (cash sales) Trade credit can be defined as the buying and selling of goods and services in which payment is postponed to a future date according to the agreement between the buyers and the sellers. Therefore, it can be looked at in two ways viz: customer credit and suppliers credit.

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