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Advantages:
i) Less chance of bad debts
ii) Recover money more quickly and thereby reducing the Cash Conversion Cycle
Disadvantages:
i) Customers may object and the firm may lose sales/customers
ii) Expensive Strategy as we have to call customers again and again or send them letters several times.
What else can I help you with?
What is the advantages and disadvantages of credit policy?
advantages of credit policy
Advantages and disadvantages of national policy on education in nigeria?
advantages of national policy on education
How you can combine liability structure and current assets decision?
The level of current assets and method of financing those assets are interdependent.A conservative policy of "high" level of current assets allows a more aggressive method of financing current assets.A conservation method of financing ( all- equity) allows an aggressive policy of "low" levels of current assets.
What are the advantages and disadvantages of Foreign Policy?
Benefit is to maximise international relationships
What are the advantages and disadvantages of an industrial policy?
Advantages are that there is more employment, less failure with global economy and less transportation costs. Disadvantages are that there are unemployment internationally, and higher prices.
What is the advantages and disadvantages of one child policy?
One of the advantages is that your tiny house wont be crowded. A disadvantages is that if you work on a farm or something like that it will be more back breaking work
Advantages and disadvantages One-child policy?
U can half your population in only 1 generation.
What are the advantages and disadvantages of indigenization policy in Zimbabwe?
Advantages of indigenization policy in Zimbabwe include promoting economic empowerment and ownership among indigenous people, reducing inequality and promoting local entrepreneurship. Disadvantages may include potential negative impact on foreign investment and economic growth, as well as concerns about corruption and lack of transparency in the implementation of the policy.
Advantages and disadvantages of the just in time policy?
Advantages: Just-in-time delivery lowers costs and increases efficiency by greatly reducing or eliminating the need for storage. Disadvantages: There can arise unexpected delivery hangups that cause a loss in sales.
What limits government's ability to undertake monetary or fiscal policy?
The limits to fiscal policy are difficulty of changing spending levels, predicting the future. Advantages and disadvantages of government using fiscal or monetary ..
Is a 15 year term life insurance policy better than a whole life policy?
both has certain advantages and disadvantages. one can go for either one depending on their economical and health condition. but to me life policy has a upper hand.
Nickname of Teddy Roosevelt aggressive forgein policy?
The nickname of Teddy Roosevelt aggressive forgein policy is Big Stick Diplomacy.
