Credit and Cash Management

### Fashion Retail Marketing, Operations, and Store Management: Credit and Cash Management

Credit Management: In fashion retail, credit management involves assessing and managing the creditworthiness of customers who purchase on credit. Effective credit management is crucial for maintaining cash flow and minimizing bad debt. Retailers typically implement credit policies that include credit limits, payment terms, and interest rates. They may use credit scoring systems _______ __________ ___ ______ ______ ______ ____ __________ __________ _______ _________ ____.
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