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The Basic Factors to Be Evaluated in the Credit Evaluation

question 16

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The basic factors to be evaluated in the credit evaluation process,the five Cs of credit,are:


Definitions:

Forces Of Globalization

Factors and dynamics that lead to the increasing interconnectedness and interdependence of countries, cultures, and economies worldwide.

Bhutan

A small country in South Asia known for measuring Gross National Happiness as an indicator of its development, rather than solely relying on Gross Domestic Product (GDP).

Chain Stores

Retail outlets that share a brand and central management, usually offering similar goods or services across multiple locations.

Social Movements

Collective, organized efforts aiming to promote or resist change in society regarding specific issues.

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