ABSTRACT
This research work attempt to investigate the degree of
efficiency in handling debts, particularly in the light of the nation's
economy. It was the intention of the researcher to assess the company's
contribution to the growth and development of its environment and the economy
within which it operates. For investigation to be effective and efficiently
carried out in this research work, the researcher used some method like; SCOPC
of the study, data selection, data collection which cut across interview
schedule, observation and secondary data, design and administration of questionnaire,
sample size determination and data analysis techniques. The researcher used the
chi - square (X2 ) tools in analyzing the data collected. Based on the findings
of this work, the key recommendation includes; the wiping away of corruption,
fraud and graft from the social economic and political systems of the nation,
in doing SO will make credit business survive. There must be a collection
strategy, which must be actionable to press for prompt payments on due
accounts. There must also l)C credit investigations and finally. companies
should operate laid down clear - cut credit policies. Finally, if the above
recommendations are effectively employed by the management, the problems
encountered in del)t collection in Saclux paint Industry will be resolved.
NNAH, C (2021). Problems Of Debt Collection In A Depressed Economy (A Case Study Of Saclux Paint Industry, Abia State). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/problems-of-debt-collection-in-a-depressed-economy-a-case-study-of-saclux-paint-industry-abia-state-7-2
CHIMAEZE, NNAH. "Problems Of Debt Collection In A Depressed Economy (A Case Study Of Saclux Paint Industry, Abia State)" Mouau.afribary.org. Mouau.afribary.org, 22 Sep. 2021, https://repository.mouau.edu.ng/work/view/problems-of-debt-collection-in-a-depressed-economy-a-case-study-of-saclux-paint-industry-abia-state-7-2. Accessed 28 Nov. 2024.
CHIMAEZE, NNAH. "Problems Of Debt Collection In A Depressed Economy (A Case Study Of Saclux Paint Industry, Abia State)". Mouau.afribary.org, Mouau.afribary.org, 22 Sep. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/problems-of-debt-collection-in-a-depressed-economy-a-case-study-of-saclux-paint-industry-abia-state-7-2 >.
CHIMAEZE, NNAH. "Problems Of Debt Collection In A Depressed Economy (A Case Study Of Saclux Paint Industry, Abia State)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/problems-of-debt-collection-in-a-depressed-economy-a-case-study-of-saclux-paint-industry-abia-state-7-2