Sales methods & credit collection policy of Rangs Motors Limited

Abstract

In Chapter 1, I introduce myself, my company, RANGS Motors Limited, and my boss, Ms. Rumana Rahman. I worked directly under her, who is an assistant manager. Then there was my contribution as an intern to the company. I learned about day-to-day tasks as well as credit policy and collection policy. I now understand how to close a customer's credit policy. Rangs Motors Limited had no control over the troubles I was having, but Covid had a significant impact on our lives and that of my intern. I suggested that Rangs Motors Limited hire more interns and that Rangs Motors Limited hire additional students just to teach them suitable ethics and work environment. After that, I go into great detail regarding RANGS Motors Limited as a corporation and how they do business. Their mission's vision and goals. I discuss the company's overview, governing body, board of directors, and founder. We discuss their marketing strategies, and I discuss their financial results. I presented their liquidity ratio, profitability ratio, and solvency ratio in a table and graph format, and then provided a summary and conclusion. Finally, I discuss the most difficult assignment I've ever had to do. This is where I discussed Rangs Motors Limited's 4000 credit file closing project, credit policy during selling, and credit collection practices. And I gave them no advice because, while this process was simpler on our end, it was more difficult to get data from the Accounts & Finance Department's overworked employees.