Setting an Appropriate Credit Policy Is Often More of a Challenge

Setting an appropriate credit policy is often more of a challenge in a foreign market than in a domestic setting for many reasons. These reasons include which of the following statements?

A) The credit period needs to be matched against the cash cycle of customers and the availability of local credit sources, but these factors are more difficult to assess in unfamiliar markets.
B) Particularly in emerging markets, reliable data may not be available to assess the creditworthiness of customers, and cultural characteristics determine the willingness to pay when times are tough and money is needed for other expenses.
C) People in different countries react differently to various kinds of collection mechanisms because of their cultural characteristics, with aggressive collection efforts alienating people in some countries while being absolutely necessary in other countries to collect amounts owed.
D) All of the statements above are reasons credit policy is more of a challenge abroad than at home.
E) Only statements b and c are valid reasons.