Thesis : Objectives of the Study
Objectives of the Study
The point is that ABC Company can financially support the planned expansion in particular and improve performance/ profitability in general through development of internal financial control system. Transaction cost, agency and resource-based theories imply the relationship of cost-based strategy and cash flow to intermediary success. At the end of the research, the following concerns about ABC Company's internal financial control will be addressed:
1. The extent by which a change in payment term and policy to customers and supplier factory can increase the cash flow and bring down bad debt.
2. A more strategic procedure to create financial budgeting details for control of monthly expenses and bank balance to change the present problem of the firm's bank balance instability.
3. Development of operational expenses guide to control the operational costs of actual transactions
Potential Benefits of the Proposed Study
This study will be the major key of ABC Company to rationalize its planned expansion. If the objectives are determined after the study, this will provide the company valuable information on how to manage its internal finances more effectively. In addition, the study can also be useful for companies within the garment trading industry especially those in the export intermediary sector. The benefits attributable to ABC Company will be parallel. Lastly, for an eager supplier factory and customers, the data that the study will reveal can be used for haggling, monitoring and other self-vested purposes. This is because having sufficient knowledge on how an intermediary operates can be the means of creating the foundations for direct supplier-customer transaction and save costs.
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