Question: After learning from the materials on Working Capital Management, read the attached article pertaining to the topic at hand in relation to COVID-19, answer the
After learning from the materials on Working Capital Management, read the attached article pertaining to the topic at hand in relation to COVID-19, answer the following questions:
1) Why is working capital management important in business especially during the time of crisis, like COVID-19 pandemic?
2) What are the consequences of not having enough working capital?
3) What are the key take-aways upon learning the lessons in Financial Management in preparing for a pandemic like COVID-19?
Link to the article,
Cash and Working Capital Management in the Corona crisis
https://www.eact.eu/articles/cash-working-capital-coronavirus/
After learning from the materials on Working Capital Management, read the attached article pertaining to the topic at hand in relation to COVID-19, answer the following questions:
1) Why is working capital management important in business especially during the time of crisis, like COVID-19 pandemic?
2) What are the consequences of not having enough working capital?
3) What are the key take-aways upon learning the lessons in Financial Management in preparing for a pandemic like COVID-19?
Link to the article,
Cash and Working Capital Management in the Corona crisis
https://www.eact.eu/articles/cash-working-capital-coronavirus/
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