Question

Evaluate the role of credit worthiness in strategic success. How does this play a role and why is this an important concept in today’s market? What are ways that credit worthiness can be enhanced by competent strategic financial management? How does the credit worthiness of individual leaders impact the overall organization?

Answer 1

Answer: The role of credit worthiness in strategic success as it provides platform to analyse the worth to receive new credit. It means that the more credit the person has, the long stability can be established. This provides better improvement so that it provides stability to the service providers. It enable to stand in a long run in market. It reflects the ability to pay back. The credit worthiness can be enhanced by improving the payment methods, building trust, providing time specific results etc. The credit worthiness of an individual leader impact the overall organization as it build the trust, shows the internal factors of the organization.

how worthy you are to receive a new credit. It plays a very important role in your strategic success as the more creditworthy you are its better for you in the long run because it normally means better inte