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hello and good day for today our topic is credit policies in this video i'm going to discuss the introduction of credit policies and the general policies on credit since our topic for today is credit policies it is very important for you to know first the meaning of policies in business policies are general statements used as guides for the members of an organization as they perform their jobs in other words policies provide guidelines on the tasks of every member of an organization that's why it is really necessary for every organization to set their own policies without these policies every member of an organization may not be guided properly because they don't have guidelines to follow they may not be able to perform their jobs efficiently and effectively policies are designed or set at various levels of course merong top management level merong middle management level admiral bottom management level the policies at the top management level are strategic the policies at the middle m

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