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†¦show more content†¦Minimization of bad debts and other cost as well as ensuring liquidity at all times. 1.1 BACKGROUND OF THE STUDY The concept of credit management has been in practices for many decades, the granting of credit then was highly primitive The development of credit management is traceable to the Holy Bible, in the book of St. Luke 19 Vs 12-26, where Jesus Christ teaches the parable of the unfaithful servant. He taught them of a credit facility for them to trade with in an attempt to go into a far country to receive for himself a kingdom These ten servants are expected to trade with money advanced to them and make return of both the principal and interest. The latest development to academic interest is credit management is ascribed 1.2 PURPOSE OF THE STUDY In order to provide a useful credit transaction is a business organization, we need sometimes of keeping tract of the daily credit activities and summarizing the outcome in the accounting reports of control should be incorporated into all operate in relation to its benefits without such control. 1.3 OBJECTIVES The main objective of this study will be to examined chow credit sales health, growth and continuity of Lever Brothers Nigeria Plc, Lagos and to offer suggestion where the system appears defective Specifically , this study will among other things i. Highlight the methodology of credit management in the company; ii. 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The Theory Of The Mind Body Problem - 2474 Words

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Torts Memo Free Essays

George sued Jerry under a theory of intentional infliction of emotional distress, alleging various grievances. Jerry has moved to dismiss the complaint on the grounds that even if everything George alleges in the complaint is true, George has failed to allege an adequate basis for liability under a theory of intentional infliction of emotional distress. The issue at hand is should the court deny the motion to dismiss. We will write a custom essay sample on Torts Memo or any similar topic only for you Order Now The essential elements of an action for intentional infliction of emotional distress in North Carolina are 1) extreme and outrageous conduct by the defendant 2) which is intended to and does in fact cause 3) severe emotional distress. Extreme and outrageous conduct is conduct which exceeds all bounds usually tolerated by decent society. In Stanback v. Stanback, 297 N. C. 181, 204 (N. C. 1979), the courts ruled: â€Å"Although we find error in the grounds on which the Court of Appeals affirmed the dismissal of plaintiff’s Count Number II, we nevertheless affirm the dismissal on other grounds. The requirement that plaintiff in a malicious prosecution action based on a prior civil proceeding show some special damage resulting therefrom, as discussed supra, is an essential, substantive element of the claim. † In Hogan v. Forsyth Country Club Co. , 317 N. C. 334, 346 S. E. 2d 141 (1986), the court decided: â€Å"We hold Pfeiffer’s conduct, as shown by Hogan’s forecast of evidence, was not such as to be reasonably regarded as â€Å"extreme and outrageous† so as to permit Hogan to recover for intentional infliction of mental distress. The facts in this case are similar to Hogan. The courts ruled that the facts in Hogan did not meet the standards for intentional infliction of emotional distress set in Stanback, and decided for the defendant. Both decisions state clearly that there must be some sort of special damage and that the damage must be â€Å"extreme and outrageous. † It is my opinion that the courts approve Jerry’s motion to dism iss as the facts in this case do not meet the North Carolina standard for the infliction of emotional distress. How to cite Torts Memo, Essay examples

Environmental Policy Development

Question: Discuss about theEnvironmental Policy Development. Answer: The central point of the paper is to understand the contrary views on the gradual process of various developments of policies for better environment. The subject of policy cycle is huge and it provides a vast challenge to the policy makers in order to save the environment from its current situation (Bridgman and Davis 2003). The focus of the article is think beyond in order to illustrate the fundamental limit of the approach to the policy cycle. The most interesting part of these articles is the roles and responsibilities of policy maker for providing a perfect meaningful and succinct guidance. Yes, I do agree with author of these articles of policy cycles as all of these articles are closely related to make sense of various policy processes without creating any kind of confusion. These articles explain that there is no availability of exact policy model for the development (Althaus et al. 2007). Even a fixed policy model cannot claim the universal application, this point is somewhat surprising as in todays technological world, and the policy makers are unable to make an established policy for overall improvement. The major questions the article raise in mind are what are the potential barriers that preventing the policy maker to create affixed policy? What are the choices of the management of policy makers after taking relevant decisions? I need further information on the responsibilities of the government in the process of policymaking. References Althaus, C., Bridgman, P. and Davis, G. 2007. The Australian Policy Handbook, Crows Nest NSW, Allen Unwin (Ch 3) Bridgman, P. and G. Davis 2003. What Use is a Policy Cycle? Plenty, if the Aim is Clear. Australian Journal of Public Administration, 62, 98-102.