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Risk in a global marketplace.(Credit Basics)
The framework in which international credit operates is based upon conventions, laws, culture, mores, and regulations. This framework provides the mechanism to consider risk while establishing credit arrangements. Credit managers face the challenge of understanding how specific factors contribute to risk within an international framework.
Determining the level of risk is essential to conducting business in any country. There are four categories of risk that are unique when operating in a global marketplace: (1) political risk, (2) cultural and language risk, (3) legal risk, and (4) foreign exchange risk. Each of these types of risk contributes to the complexity of ...
- Leveraging a tough economy to improve risk management: how credit managers can...
- Magazine article from: Business Credit Colina, Juan October 1, 2002 700+ words
...The current economic downturn offers credit managers an opportunity to exercise their influence...the go-go decade of the 1990s, credit managers saw their job of minimizing risk consigned...exchange for marker share. Often, credit managers were discouraged from following existing...
- Credit managers see LBO spree speeding up. (leveraged buyouts)
- Magazine article from: Daily News Record Doherty, Bryan May 25, 1989 700+ words
CREDIT MANAGERS SEE LBO SPREE SPEEDING UP NASHVILLE...toughest problem facing the country's credit managers, and there appears to be no letup...Department Stores private. Some credit managers attending the convention said they...
- Where Does All the Time Go?(credit managers and time management)(Brief Article)
- Magazine article from: Business Credit Ellwood, Mark November 1, 2000 700+ words
...during a study designed to gauge how credit managers allocate their time. Three credit managers tracked their time and activities using...average number of hours spent by the credit managers appears beside each activity name...
- What do credit managers do?(Required Reading)
- Magazine article from: Business Credit Gahala, Charles January 1, 2005 700+ words
...trying to explain what it is that credit managers do? Rest assured that most individuals...learn credit-related skills. For credit managers, the profession has changed. The...Based Focus Upon Credit Related Tasks Credit managers have been somewhat of a neglected...
- Credit managers should help forecast accounts receivable.
- Magazine article from: Business Credit Dennis, Michael C. October 1, 1994 700+ words
...of cash. However, relatively few credit managers play a key role in forecasting cash...too long, the focus of professional credit managers has been on maintaining a sound and...receivable base. One of the ways credit managers can become more valuable to their...
- Why credit managers should be concerned about consumer credit laws: a...
- Magazine article from: Business Credit Parkinson, Kenneth L. April 1, 1998 700+ words
...legislation does not necessarily mean that credit managers can assume there aren't any changes...directly with consumer credit issues, credit managers believe that many credit laws passed...assistance income. The belief by credit managers and regulators alike is that this...
- What credit managers should know about secured transactions under the UCC....
- Magazine article from: Business Credit Hanson, Randall K. Schenkel, Kent D. January 1, 1995 700+ words
Credit managers face tremendous challenges in the...also place significant pressure on credit managers to protect their company's right...purchaser defaults on the purchase, credit managers have many concerns. They are worried...
- The right stuff: credit managers make great executives.
- Magazine article from: Business Credit Anderson, Eric R. May 1, 1992 700+ words
...draw an obvious conclusion: most credit managers would make great top-level executives...As in each of these professions, credit managers aspire to achieve greatness as well...of success. Why? It's simple. Credit managers see things that other company employees...