Impact of Credit Management On The Profitability Of A Manufacturing Firm

A Case Study Of Unilever Plc Aba, Nigeria
ABSTRACT

The aim of this research work is to appraise “The impact of credit management on the profitability of a manufacturing firm focused on Unilever Nigeria Plc Aba”. This is because; trade credit is a short term source of finance and sometimes take the form of bills payable. The statement 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 Unilever Nig. Plc Aba 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’s 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 analyzing the data collected, an extensive use of tabular information and percentages were of great 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 be established to take responsibility for prospective credit’s assessments amongst others.

TABLE OF CONTENTS

Title page
Approval Page
Dedication
Acknowledgement
Abstract
Table of contents

CHAPTER ONE
1.0 Introduction
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Objective of the Study
1.4 Formulation of Research Hypotheses
1.5 Research Questions
1.6 Significance of the Study
1.7 Scope of the Study
1.8 Limitations of the Study
1.9 Definition of Terms

CHAPTER TWO
2.0 Literature Review
2.1 Reasons for granting credit
2.2 Setting credit policy and Regulation
2.2.1 Credit Standards
2.2.2 Credit Terms
2.2.3 Collection Efforts
2.3 Credit Policy Goals
2.3.1 Optimal Credit Policy
2.4 Credit Policy Variable Analysis
2.4.1 Credit Analysis
2.4.2 Credit Scoring
2.4.3 Collection Policy and Procedures
2.4.4 Establishing Internal Collection Procedure
2.4.5 Other Collection Procedures
2.4.6 Monitoring Receivables
References

CHAPTER THREE
3.0 Research Methodology
3.1 Research Design
3.2 Area of Study
3.3 Sources of Data
3.4 Population of the Study
3.5 Instrument of Data Collection
3.6 Validation of the Instrument
3.7 Reliability of the Instrument
3.8 Method of Data Analysis
3.9 Sample Design and Determination of Sample Size

CHAPTER FOUR
4.0 Presentation, Analysis and Interpretation of Data
4.1 Analysis and Interpretation of Data
4.2 Test of Hypotheses
4.3 Test of Hypothesis

CHAPTER FIVE
5.0 Summary of Findings, Conclusion and Recommendations
5.1 Summary of Findings
5.2 Conclusion
5.3 Recommendations
Bibliography
Appendix 1
Appendix II

APA

Impact of Credit Management On The Profitability Of A Manufacturing Firm. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-credit-management-on-the-profitability-of-a-manufacturing-firm/

MLA

“Impact of Credit Management On The Profitability Of A Manufacturing Firm.” UniTopics, https://www.unitopics.com/project/material/impact-of-credit-management-on-the-profitability-of-a-manufacturing-firm/. Accessed 20 September 2024.

Chicago

“Impact of Credit Management On The Profitability Of A Manufacturing Firm.” UniTopics, Accessed September 20, 2024. https://www.unitopics.com/project/material/impact-of-credit-management-on-the-profitability-of-a-manufacturing-firm/

WORK DETAILS

Chapters:
5
Pages:
62
Words:
10118

Here’s a typical structure for Impact of Credit Management On The Profitability Of A Manufacturing Firm research projects:

  • The title page of Impact of Credit Management On The Profitability Of A Manufacturing Firm should include the project title, your name, institution, and date.
  • The abstract of Impact of Credit Management On The Profitability Of A Manufacturing Firm should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Impact of Credit Management On The Profitability Of A Manufacturing Firm should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Impact of Credit Management On The Profitability Of A Manufacturing Firm, identifying gaps the study aims to fill.
  • The methodology section of Impact of Credit Management On The Profitability Of A Manufacturing Firm should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Impact of Credit Management On The Profitability Of A Manufacturing Firm research study using tables, charts, and graphs to illustrate key points.
  • Interpret Impact of Credit Management On The Profitability Of A Manufacturing Firm results, discussing their implications, limitations, and potential areas for future research.
  • Summarize the main findings of the Impact of Credit Management On The Profitability Of A Manufacturing Firm study and restate its significance.
  • List all the sources you cited in Impact of Credit Management On The Profitability Of A Manufacturing Firm project, following a specific citation style (e.g., APA, MLA, Chicago).