Managing the Corporate Treasury Function and Ethical Behaviour
Belco Global Foods
Supported by the work that we have done in the module to date, as well as the facts presented in the case and your prior recommendations; prepare a report assessing the credit terms practices of Belco Global Foods. Specifically address the following issues:
1. What different financing arrangements and payment terms support international trade and how do they work
2. What kinds of considerations determine the terms on which Belco trades with its customers
3. Assess the two companies identified in Exhibit 3 of the case and recommend, with justification, the credit terms Belco should offer these prospective customers
4. How should Pam Arnold attempt to collect the overdue payment from Kooritsa Kiev
5. Are the practices optimal for the company or are there opportunities to improve the efficiency and/or effectiveness of them?