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Analyzing the Connotation of the Enterprise's Creditfrom the Angle of the Enterprise

Zang Wu-fang

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Abstract

Market economy is credit economy. The enterprise's credit is the core of the credit system, the need of sound development of market economy and sustainable development of the enterprise itself. In pace with the economy developing to higher level, enterprise's trustworthiness is not only the need which the society requires the enterprise to be, but also the creation of the invisible resources, such as the enterprise's character and capacity, which the enterprise has to possess in the pursuit of permanent development. Enterprise's credit is psychological trust and the realization of promises from the point of view of the enterprise itself, which reflects the comprehensive demands in ethics and in economy in the course of the development of the enterprise. The accumulation of the credit forms a fine invisible resource which embodies in credit capital, credit culture and credit ability. Of course, the credit risk will exist in the course of the accumulation of the credit, which is 'the cost of fostering credit' in essence; so the management should be strengthened.

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Market economy is credit economy. The enterprise's credit is the core of the credit system, the need of sound development of market economy and sustainable development of the enterprise itself. In pace with the economy developing to higher level, enterprise's trustworthiness is not only the need which the society requires the enterprise to be, but also the creation of the invisible resources, such as the enterprise's character and capacity, which the enterprise has to possess in the pursuit of permanent development. Enterprise's credit is psychological trust and the realization of promises from the point of view of the enterprise itself, which reflects the comprehensive demands in ethics and in economy in the course of the development of the enterprise. The accumulation of the credit forms a fine invisible resource which embodies in credit capital, credit culture and credit ability. Of course, the credit risk will exist in the course of the accumulation of the credit, which is 'the cost of fostering credit' in essence; so the management should be strengthened.

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Available abstract

Market economy is credit economy. The enterprise's credit is the core of the credit system, the need of sound development of market economy and sustainable development of the enterprise itself. In pace with the economy developing to higher level, enterprise's trustworthiness is not only the need which the society requires the enterprise to be, but also the creation of the invisible resources, such as the enterprise's character and capacity, which the enterprise has to possess in the pursuit of permanent development. Enterprise's credit is psychological trust and the realization of promises from the point of view of the enterprise itself, which reflects the comprehensive demands in ethics and in economy in the course of the development of the enterprise. The accumulation of the credit forms a fine invisible resource which embodies in credit capital, credit culture and credit ability. Of course, the credit risk will exist in the course of the accumulation of the credit, which is 'the cost of fostering credit' in essence; so the management should be strengthened.

Key concepts: Business, Enterprise software, Enterprise planning system, Enterprise life cycle, Credit enhancement, Connotation, Sustainable development, Credit reference

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