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PART IV: WORKING CAPITAL MANAGEMENT
Chapter 10: Accounts Receivable and Inventory Management
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Exercise 10.1

The Many "C's of Credit"

A visit to Dun & Bradstreet Information Services will lead you to some helpful business tips. In "How to Make Better Credit Decisions" Dun & Bradstreet (D&B) discusses how the "Four C's of Credit" can be used as credit guidelines. Your textbook discusses the original "Three C's" of credit analysis.
http://www.dnb.com
https://www.dnbexpress.ca/CreditDecisions.html

Q. What are the original "Three C's" of credit analysis? What is D&B's "fourth C" of credit analysis and why is it important to credit analysis?

 

Exercise 10.2

Kanban, Kaizen, and Just-in-Time (JIT)

Read Kanban: An Integrated JIT System.
http://www.msc-inc.net/Documents/Kanban_Integrated_JIT_System.htm

Q. In your own words, what is meant by the terms"Kanban," and "Kaizen?" How might cultural barriers hinder the implementation of "Kanban?"

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