The Pros And Cons Of Creditors

In this period of time, Nairobi was a center for the trading of coffee, tea, and some other herbs. With time passing by, many new establishments were founded in the city and it flourished to reach this stage travellers who spend their vacations in Kenya view and admire today.

Suppliers want steady orders and prompt payment, they also want to feel valued by the company that they supply.

Creditors take the biggest risk when lending money due to the fact that they have all the skin in the game and are taking a calculated risk. The review of the three aforementioned financial statements seem to be the clearest way to come to a conclusion about whether or not a creditor should lend a company money.

Shopping centres began being established in Kenya in the late 1990 's. In the beginning, these shopping centres were a tool to fill the gap created by a need for the convenient and efficient

Creditors: These are the entities who lend money to an organisation(s) with the expectation that it will be repaid.

Suppliers want to have good satisfaction and feedback from their products, whilst managers will want to expand and create more stores, so they can increase their organisations income and budget.

A shareholder in a limited company is not personally responsible for any of the debts of Tesco, other than for the value of his investment in Tesco. Although a shareholder's liability for Tesco's actions is limited, the shareholder may still be liable for its own acts. For example, the directors of small companies, who are frequently also shareholders, are often required to give personal guarantees of the company's debts to those lending to the company. They will then be liable for those debts in the event that the company cannot pay, although the other shareholders will not be so liable.

The retail industry is a sector of the economy that is comprised of individuals and companies

The retail industry has always been a large portion of the U.S. economy. In 2012, the industry had nearly one million stores and accounted for four trillion dollars in revenue. An estimated two-thirds of the U.S. GDP

•  India's $250 billion retail business is the eighth largest in the world and has the potential to grow 7 per cent by 2011. [McKinsey Report] For a company already dominating the world markets, this is an un-passable opportunity.

Retailing has become such an intrinsic part of our everyday lives that it is often taken for granted. The nations that have enjoyed the greatest economic and social progress

Kenya is also the preferred entry point for companies wishing to expand further in the region. Moreover, East Africa’s largest economy is one of the most innovative on the African continent, which bodes well for future economic development.

❖ To make sure of availability of parts and other stuff critical and necessary to maintain services that will ensure the customers needs and demands, a good relationship with the suppliers and developers has to be achieved.

Retailing has been an important industry in any country. History would indicate that its form has changed with time as competition was no more a local phenomenon. Retailers started moving from being “neighbourhood stores” to expand their horizons nationally as well as internationally. Technology brought revolution in the retail industry with the advent of internet. Online retailers today have become a common part of everyone’s life. Mobile commerce too has started growing with the innovation of “App Stores” brought by Google and Apple. In this face of retailing, competitors have pushed themselves to gain more market share by trying

An analysis of the Atokowa organization was conducted and it was found that the company's primary business line is in the declining stage of its product lifecycle. Although this phase of the lifecycle may take a considerable amount of time before it is completely phased out, it is recommended that the organization begin to diversify its operations to mitigate the changing business environment. Since it already has seven retail locations in place, it's should begin to further develop the retail aspect of the business. Currently, the company does not have sufficient infrastructure to allow it to develop its retail division to its fullest potential; it cannot even track what sales stem from B2B activities and those who are generated from the B2C consumer segment. Competitors, such as Ikea,