blood

This book explores an important but often neglected aspect of a firm's finances: trade credit management (TCM). When firms offering credit to each other so purchases can be made on open account it is a vital source of business-to-business credit flows. Trade credit is the life-blood of competitive economies. Trade credit involves taking calculated credit risks. In return, selling firms boost sales...

The twenty first century is acknowledged as the century of information, innovation and generally functioning within the environment, which has been co-created by technological development and globalisation. Their impact on economy is crucial, and simultaneously they are forcing change with respect to organisations’ resources. Increased significance of a human, his superior role to management processes,...