A Thinking on Enhancing Credit Management of Middle- and Small-sized Enterprises
LI Zhao-hua
Abstract
LI Zhao-hua
Abstract
Market economy is credit economy to certain extent. Any principal part of economy must take credit as a medium to contact with others. The credit status of the principal part, enterprise, affects its development as well as the economic activities relating to banks these parties. At present, enterprises especially small and medium-sized ones remain low credit and the problem has influenced the efficiency of micro-economical operation and market order. Therefore, it is urgent to strengthening credit management in small and medium-sized enterprises.
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Market economy is credit economy to certain extent. Any principal part of economy must take credit as a medium to contact with others. The credit status of the principal part, enterprise, affects its development as well as the economic activities relating to banks these parties. At present, enterprises especially small and medium-sized ones remain low credit and the problem has influenced the efficiency of micro-economical operation and market order. Therefore, it is urgent to strengthening credit management in small and medium-sized enterprises.
Key concepts: Principal (computer security), Business, Order (exchange), Small and medium-sized enterprises, Credit enhancement, Bank credit, Market economy, Industrial organization