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<a href="http://www.accessmylibrary.com/coms2/summary_0286-22688078_ITM" title="Facts and information about Crunch time: retreating from risk is not an option, so credit managers make sure they have the best tools for analyzing it and applying the results. (Feature Article).">Crunch time: retreating from risk is not an option, so credit managers make sure they have the best tools for analyzing it and applying the results. (Feature Article).</a>
Crunch time: retreating from risk is not an option, so credit managers make sure they have the best tools for analyzing it and applying the results. (Feature Article).
Business Credit
|
March 01, 2003 |
Gamble, Richard H. |
COPYRIGHT 2003 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Granting commercial trade credit is contact a sport. For many corporations in a soft economy, like football teams in the playoffs, it's time to get physical." It's the credit manager's job to see that the company gets banged up--but not too banged up to keep playing. Sprains, cuts and bruises mean the risk policies are about right. A major amputation means they are seriously amiss. Risk analysis, with applied results, is the professional craft of taking hits and sustaining the right kind and right level of injuries.
Credit managers moan about being at the bottom of the food chain, but it's all a matter of balancing risk and reward, insists business information ...
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Source: HighBeam Research, Crunch time: retreating from risk is not an option, so credit...