Hello

This week we learning working capital management (cash conversion cycle, the cash budget, inventory management, and credit policies.) I understand the terminology, however, part of the assignment we're to give examples of how a business would use at least two of these. For example:

XYZ Company uses cash conversion cycle (CCC) in this manner and this is why its beneficial/ not beneficial.

ABC Company uses inventory management in this manner and this is why its beneficial/ not beneficial.

I understand the terms, but I cant seem to place into how it is functional/ not functional in a given business. Please help.