The manufacturing companies play a significant role in the development of an economy. The sales of manufactured product are the source of revenue of these companies. Like other companies, manufacturing companies try to maximise their sales in order to achieve the maximum profit and market share. Sales are of two types, cash sales and credit sales. Credit sales generate accounts receivables and sometimes they may be followed by default in payment result in credit risk. Credit risk adversely impacts the manufacturing companies in India by reducing their profits thereby threatening their survival. There is a need for effective credit risk management that helps to safeguards the financial health of manufacturing companies there by supporting sustainable business growth and development in the economy. Therefore, it is necessary to understand the prevalence and magnitude of credit risk, current risk management practices for formulating a model for effective credit risk management in Indian manufacturing companies.
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Taschenbuch. Condizione: Neu. CREDIT RISK MANAGEMENT OF MANUFACTURING COMPANIES IN INDIA | Abhilash V S (u. a.) | Taschenbuch | Englisch | 2024 | LAP LAMBERT Academic Publishing | EAN 9786207998074 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu Print on Demand. Codice articolo 130000156
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Taschenbuch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -The manufacturing companies play a significant role in the development of an economy. The sales of manufactured product are the source of revenue of these companies. Like other companies, manufacturing companies try to maximise their sales in order to achieve the maximum profit and market share. Sales are of two types, cash sales and credit sales. Credit sales generate accounts receivables and sometimes they may be followed by default in payment result in credit risk. Credit risk adversely impacts the manufacturing companies in India by reducing their profits thereby threatening their survival. There is a need for effective credit risk management that helps to safeguards the financial health of manufacturing companies there by supporting sustainable business growth and development in the economy. Therefore, it is necessary to understand the prevalence and magnitude of credit risk, current risk management practices for formulating a model for effective credit risk management in Indian manufacturing companies.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 324 pp. Englisch. Codice articolo 9786207998074
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