ALGORITHM FOR SELECTING THE TYPE OF CREDIT POLICY BY A CONSTRUCTION ORGANIZATION
Autor: | Svetlana Kostyukova |
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Rok vydání: | 2023 |
Předmět: |
Organizational Behavior and Human Resource Management
General Computer Science Strategy and Management Health Toxicology and Mutagenesis Immunology General Medicine Toxicology Pollution Applied Microbiology and Biotechnology Microbiology General Biochemistry Genetics and Molecular Biology Infectious Diseases Complementary and alternative medicine Management of Technology and Innovation Parasitology Business and International Management General Pharmacology Toxicology and Pharmaceutics Cardiology and Cardiovascular Medicine Food Science |
Zdroj: | Economics and Innovative Technologies. 11:9-23 |
DOI: | 10.55439/eit/vol11_iss1/a2 |
Popis: | This article presents an algorithm for choosing the type of credit policy of a construction organization. The application of the developed algorithm allows the contractor to determine that the deferred payment by the customer leads to an increase in the period for the contractor to break even and at the same time delay the moment of making a profit in real money. A matrix for choosing the type of credit policy by the contractor is proposed, which is an effective tool for making decisions by the contractor on participation in contract bidding on the terms put forward by the customer based on the estimated indicators, both in case of a decrease in the contractor's business activity, in an unfavorable economic situation, and in conditions of economic growth. |
Databáze: | OpenAIRE |
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