Impact of credit management on the profitability of production farm of kabyoyon farm in eastern Uganda:
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Date
2019-10
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Kampala International University, College of Economics and Management.
Abstract
The aim of the research work is to appraise “the impact of credit management on the profitability
of a production farm focus on Kabyoyon farm” this is because, trade credit is a short term source
of finance and sometimes take the form of bills payables. The stamen of the problem of this
research banks about the poor level of credit management and also the problems which the firms
encounter as a result of high-rate of bad debts. The objective of this research study is to highlight
the effects of the credit management on the profitability of the company as well as to highlight
the advantages of effective and efficient management of trade credit amongst others.
Furthermore, this research work will be of immense significance to the staff of Kabyoyon farm
as well as the students and the researcher since it aims at providing effective means of reducing
default in collection of accounts also, research questions like, could a company liquidity problem
be attributed to bad debt? On the average, how long do you allow credit to customers? Etc.
research instrument used were questionnaires for the purpose of obtaining the desired result in
treating and extensive use of tabular information and percentages were of create importance in
the light of the findings and conclusions of this work, the following recommendations are put up:
that then should be a regular review of credit policies to suit the changes in the business
environment and that an enquiry unit should established to take responsibility for prospective
credits assessments amongst others.
Description
a research report submitted to the college of economics and management, department of accounting and finance college of economics and management in partial fulfillment of the requirements for the a ward of bachelors’ degree of business administration of Kampala international university.
Keywords
credit management, production farm, kabyoyon farm