• Assess the external and internal factors that influence credit policy and decision making within a company that extends credit to its customer when providing a good or service on account.
• Does having a bonus and/or possible promotion based on total sales possible cause standards for extending credit to a customer to be lowered such that the company may not receive payment from some customers? Why or why not?
• Indicate which factor you believe is the most significant in today's business environment.
  • Why is it the most significant?
  • Provide support for your rationale.