What three actions can a firm take to minimize its net working capital?

What will be an ideal response?


Working capital is minimized by speeding up the collection of cash from sales, increasing inventory turns, and slowing
down the disbursement of cash. We can incorporate all of these factors in a single measure called the cash conversion
cycle. The cash conversion cycle, or CCC, is simply the sum of days of sales outstanding and days of sales in inventory
less days of payables outstanding.

Business

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Tricia, working at a research facility in North Carolina, needs to communicate with Romain, who is in Grenoble, France, about a project they are working on. Romain has perfect command of English, but they are still facing a(n) ______ barrier to communication.

A. semantic B. personal C. encoding D. medium E. physical

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A firm's obligation to improve its positive effects on society and reduce its negative effects is called fiscal responsibility.

Answer the following statement true (T) or false (F)

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All activities on a critical path have zero slack time

a. True b. False Indicate whether the statement is true or false

Business

According to David Ulrich, "viruses" that infect organizations involved in change efforts include:

A. perfectionism. B. counseling. C. support groups. D. positive employee behavior.

Business