Please help me answer these question from number 1-5. Thank you.

1. Three of the core activities of the credit department are: Developing credit policy. (this is the core activity I chose) Develop the concept to explain why this should be considered a core activity of the credit department. (Minimum 200 words) 2. Given what you know of the day-to-day activities of the credit department how does the skill set or the required area of knowledge align with the day-to-day activities 3. THE IDEAL SIZE OF THE CREDIT DEPARTMENT DEPENDS ON THE TYPE OF BUSINESS AND ITS CUSTOMERS. Every company has to imagine and implement its model that will safeguard its financial interests while maximizing sales. Assume you are the owner of a small coffee bean supply business selling to independent coffee shops in Metro Manila. You sell to your customers on credit to build sales volume and customer loyalty. Given what you have read how would you organize the credit department? 4. Explain the differences between the following models for organizing the credit department: 1. Anglo - Saxon Model 2. Taylorist Model 3. Back Office Model 5. give the assessment of the Back Office Model as a way of organizing the credit department