Cash and credit collection policies of FedEx Bangladesh
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2015.
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| स्वरूप: | Internship report |
| भाषा: | English |
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BRAC University
2015
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| ऑनलाइन पहुंच: | http://hdl.handle.net/10361/4225 |
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10361-4225 |
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10361-42252019-09-30T03:41:19Z Cash and credit collection policies of FedEx Bangladesh Kabir, Rubaiyet Haq, Mahmudul BRAC Business School, BRAC University Business administration This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2015. Cataloged from PDF version of Internship report. Includes bibliographical references (page 43). This report was basically prepared on the company which is the world’s largest Express Transportation Corporation known as FedEx Express. This report is confined with the Global operations of the company but more focused on the Bangladesh Context of FedEx where they are being represented by the Joint venture and licensee of Federal Express Corporation named FedEx-Bangladesh Express co Ltd. The main objective of the report is the company's cash and credit collection policies/methods. FedEx does 90% of their business on credit. So credit customers are the most important aspect of their business when it comes to revenue earning. The credit customers have their profile account in FedEx and are invoiced with a monthly bill. They do their monthly transactions and pay the bill to FedEx for their service at the end of the month. There are special customers who are provided with discounts by the approval of the senior management team according to the amount of business they give to FedEx. This part of the topic is not covered in the report as the information of the clients and the discount rates are confidential. The sales personnel of the company plays a key role in approaching potential customers and also collect the due payments at the month end from them. The finance and accounts department makes the invoice and does the billing every month and keeps track of the receivables. FedEx is a service company, so their main functions are customer service and satisfaction. The financial aspects of the company are not as critical as other non-service companies. I was mainly appointed to work in the finance department and hence provided as much information that was provided by the head of the department. The various departments, operational overview, sales and marketing overview and other important areas of the company are concisely shown in the report. Finally I have also suggested various probable recommendations, those I feel can be of help in order to improve the situation and recommended various other options to develop the overall credit collection strategy. Rubaiyet Kabir B. Business Administration 2015-07-07T07:49:37Z 2015-07-07T07:49:37Z 2015 2015-05 Internship report ID 10104018 http://hdl.handle.net/10361/4225 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 44 pages application/pdf BRAC University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Business administration |
| spellingShingle |
Business administration Kabir, Rubaiyet Cash and credit collection policies of FedEx Bangladesh |
| description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2015. |
| author2 |
Haq, Mahmudul |
| author_facet |
Haq, Mahmudul Kabir, Rubaiyet |
| format |
Internship report |
| author |
Kabir, Rubaiyet |
| author_sort |
Kabir, Rubaiyet |
| title |
Cash and credit collection policies of FedEx Bangladesh |
| title_short |
Cash and credit collection policies of FedEx Bangladesh |
| title_full |
Cash and credit collection policies of FedEx Bangladesh |
| title_fullStr |
Cash and credit collection policies of FedEx Bangladesh |
| title_full_unstemmed |
Cash and credit collection policies of FedEx Bangladesh |
| title_sort |
cash and credit collection policies of fedex bangladesh |
| publisher |
BRAC University |
| publishDate |
2015 |
| url |
http://hdl.handle.net/10361/4225 |
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AT kabirrubaiyet cashandcreditcollectionpoliciesoffedexbangladesh |
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