Answer:
Credit Risk Manager. Also referred to as: Manager - Credit Risk Management. Requirements and Responsibilities. Develops and implements policies and procedures that reduce credit risk for a financial institution. Manages the building of financial models that predict credit risk exposure to the organization.
Hormel is giving its customers a cash discount.
<h3>What is cash discount?</h3>
Cash discount is the discount a seller give to a buyer by reducing the amount the buyer was supposed to pay because the buyer make his payment earlier.
Based on the given scenario Hormel offers is offering its food distributors a discount of 15 percent if the distributor paid within the stipulated time or period of 10 days.
Inconclusion Hormel is giving its customers a cash discount.
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