Economy, asked by purnima5636, 1 year ago

What is reason for giving product sevices on credit?

Answers

Answered by rohitkumar6470
0
Offering credit often encourages customers to speed up or increase the amount of their spending. Some businesses offer credit to gain a competitive advantage in their market. Balancing the potential for increased sales with the risk of reduced cash flow is an important part of managing risk in your business
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