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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