ASSESSING THE UTILIZATION OF COMPANY CREDIT CARDS BY EMPLOYEES AS A METHOD TO FACILITATE BUSINESS OPERATIONS AT MOVING EARTH MACHINES (PTY) LTD

Abstract

Organisations in South Africa compete in a fierce environment, on a local and global platform to attract and retain potential and current customers. This competition is not only related to providing unparalleled services, gaining market share or developing a niche product but also comprises of business related activities that may involve the entertainment of customers, travelling locally and abroad for business and having a means to facilitate ad-hoc company expenses as and when they occur. Corporate credit cards are currently utilised by various industries to cover business related expenses such as entertaining current and potential customers, managing travelling expenses and allowing employees to be prepared for any unexpected expenses. The dissertation aims to establish how the utilisation of corporate credit cards by employees, can be utilised as a method to facilitate business operations.