Suppliers assess the financial strength of their customers to determine whether they will be paid for goods shipped.

Name: Suppliers assess the financial strength of their customers to determine whether they will be paid for goods shipped.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Suppliers use credit checks and other financial analysis to evaluate the creditworthiness of their customers before granting them credit and shipping goods. This helps to minimize the risk of non-payment and protect their own financial stability.

Suppliers Assess the Financial Strength of Their Customers to Determine