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If the item is that the meaning of suffering from intense competition in the markets, the results will be one of a very high credit limit agree?

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Question ajoutée par Ahmed Lutfi Abu Rasheed , Chife Accountant , Cigalah Trading Est.,
Date de publication: 2013/10/25

yes, either we give large credit limits or reduce price with less credit limit than the first option, but again  must be very careful about having cash flow  issues

Khaled Abdelrehim ACCA DipIFR CMA
par Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

the high credit is not the only solution in high conpetition markets, there are promotions, early payment discounts, volume discounts, ads, campaigns, free samples, etc

Hassam Zahid ACCA
par Hassam Zahid ACCA , Senior Accountant , Bin Hendi Enterprises

Not only allowing the genrous credit terms to customers but reducing the sale price or giving discount, offering cutomers with the facilities which were not offered before like delivery at home ....

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