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003 ZW-GwMSU
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022 _a02662426
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHD2341.167
100 1 _aCancer, Vesna
_eauthor
245 1 0 _aWhy and how to evaluate the creditworthiness of SMEs' business partners/
_ccreated by Vesna Čančer and JoŽica Knez-Riedl
264 1 _aLondon :
_bSage,
_c2005.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aInternational small business journal
_vVolume 23, number 2
520 3 _aIn addition to external ratings, an increasing number of enterprises are evaluating creditworthiness by themselves, especially when it comes to short-term decisions. This article presents a method for developing internal ratings to best select among the business partners of a firm. As this is a very complex goal, the Analytic Hierarchy Process is applied, in which the problem is approached step by step. Managers’ and experts’ judgements are taken into consideration when structuring the problem. Since qualitative factors come into play, special attention is given to determining not only quantitative but also qualitative criteria. Their importance is also assessed. The applicability of this method (especially in small and medium-sized enterprises) is discussed and introduced via a practical case from a small Slovenian enterprise.
650 _aCreditworthiness
_vInternal rating
_xSMEs
700 1 _aKnez-Riedl, Jozica
_eco author
856 _uhttps://doi.org/10.1177/0266242605050510
942 _2lcc
_cJA
999 _c166702
_d166702