INFORMATION SECTION JMJ Ch NOTRE DAME OF KIDAPAWAN COLLEGE Integrated Basic Education Department Kidapawan City CHAPTER 5 STUDENT NAME LEARNING AREA (Course) SCHEDULE INCLUSIVE DATES FM-305 MW Credit Management The lesson is all about Credit Management. Scope of credit investigation and the sound credit management are thoroughly discussed in this chapter. WHAT WILL YOU LEARN ? At the end of this lesson, you will be able to: 1. Determine the essence and efficiency of Credit Management 2. Identify the limitations of credit investigation 3. Determine the sound credit management Content: Credit Management a. Importance of Credit Management b. Efficiency of credit personnel c. Credit Investigation d. Bank Loan Policy e. Scope of Credit Policy f. Purposes and advantages of credit limits g. Principles of Controlled Credit h. Sound Credit Management Directions: Before we proceed with our lesson, I will give you a deepening question that will surely help you as you go along with our topic this week. I wanted you to answer it and write your answer to a word document or in a paper and submit on or February 27, 2023. Questions: 1. What is the importance of Credit Management? 2. Are you familiar with CI and BI in relation to credit? What is CI and BI? Briefly Explain. 3. Any idea what is policy? Learning Guide 1. You need to download power point presentation that was sent in our group chat. You may ask questions if you have not fully understood the topics. 2. Refer to our credit and collection’s book and read page 125 up to page 156. LET’S START AND STUDY! Lessons: Credit Management. Good Luck!!! LET US DO OUR HOMEWORK QUESTIONS: Deadline of Submission: February 27, 2023 1. Briefly discuss the sound credit management. 2. Outline the scope of credit investigation? 3. What is Credit Policy? 4. Explain the functions and responsibilities of credit man or credit manager. 5. What is Credit Limit? What is the importance and advantage of credit limit? 6. What is credit file? 7. Explain the problem of credit extension. A. What to do: Advance Reading to the next Chapter No Assignment VALUES Openness and Transparency Management actively encourages open communication and dialogue at every level in the organization Love of work