Assuming that you are appointed as the senior financial Officer of NESTLE Malaysia Bhd. Your primary aim
Question:
Assuming that you are appointed as the senior financial Officer of NESTLE Malaysia Bhd. Your primary aim is to ensure continues profitability of the firm. Your initial investigation reveals that your company is operating in a competitive environment. You have briefed in the recent meeting that there are two strategies to manage working capital to improve organizational performance. The first one is working capital financial strategies and the other is working capital management strategies.
a) You are required to recommend TWELVE (12) working capital management strategies comprising six working capital variables being applied within the organization to ensure the company remain competitive in the market.
b) You are required to propose two methods to compare organizational performance other than ratio analysis.
Words limit: 1500
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton