⟩ Explain ABC Analysis advantages?
The importance of various items is decided on the basis of following factors:
-Critical nature of inventory
-Amount of investment
-Value of material consumed.
The importance of various items is decided on the basis of following factors:
-Critical nature of inventory
-Amount of investment
-Value of material consumed.
Explain the advantages of a LC to an importer?
Explain what were the main issues studied by Tandon committee to exercise control over working capital?
Explain what is fund based lending? What are the various forms in which fund based lending may be made by banks?
What are the different types of LC?
Explain what are the advantages of a LC to an exporter?
Tell me what are bank guarantees? How do they work?
What are the different parties involved in a LC?
Explain what is non-fund based lending?
Tell me in what form can a bank disburse the amount of assistance it has extended to a company?
What is letter of credit (LC)?