1. The Role of Financial Managers
Second, companies can prosper in competitive economy only by seeking out the most promising new products, processes, and services to deliver to customers. Companies such as Intel, General Electric, Deutsche Telekom, and Toyota regularly make huge capital investments, the outcomes of which drive the value of their firms and the wealth of their owners. ... Managing working capital involves obtaining seasonal financing, building inventories sufficient to meet customer's needs, paying suppliers, collecting cash balance. ... Almost every component of working capital management involves buildin...
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- Grade Level: Graduate