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Bulk Agency Factoring:
In this category factoring is essentially used as a method of financing book debts. In this sort of factoring the client continues to administer credit and keep sales ledger. The factor finances the book debts against bulk either upon recourse or lacking of recourse. This type of factoring became well-liked with the development of consumer durable market where credit management is not a difficulty, but the firms need temporary financial accommodation.
Non-Notification Factoring:
In this sort of factoring customers are not informed regarding the factoring agreement. The factor executes all the usual functions without disclosing to customer which they own the book debts.
Steady state condition In many cases, the Markov process will converge to a steady state or equilibrium. In general, as number of transitions `n' increase, the state values
What is Programmer budgeting It is a combination of programming and systems refers to the activity and system analysis refers to cost benefit analysis or operations research. I
Suggestion system The suggestion system is as integral part of an established management system that aims at involving employees in kaizen. The number of worker s suggestion i
Rate of return or target pricing method Under this method of price determination first of all a rate of return desired by the enterprises on the amount of profit capital inves
Steps in Strategic Cost Analysis 1) Recognize the suitable value chain and allocate costs and assets to it. 2) Identify the cost drivers of each value activity and how they int
ADVANTAGES OF "ABC ANALYSIS" The advantages derived from this analysis and its consequent follow up are summarized below: 1) Facilities selective control and thereby save va
Identify the ways in which Total Productive Maintenance could be applied as part of a manufacturing organisation''s quality programme
Why is corn so frequently used in typical American foods? In what forms does it take when being part of those foods? How does that relate to the modern epidemic on obesity?
Interest coverage ratio (or debt service ratio) Meaning: this ratio establishes a relationship among net profits before interest and taxes and interest on long debt. Obj
Disadvantages of ratio analysis 1) False results: ratios are based upon the financial statement. In case financial ratio is incorrect or the data upon which ratios are based
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