Title: Nature, Scope, Classification of Working Capital Management
Headings: Nature, Scope, Classification of Working Capital Management
Nature, Scope, Classification of Working Capital Management
Table of Contents
Meaning of Working Capital Management
Classification of Working Capital Management
Classification/ Approaches of Working Capital Management:-
Scope of Working Capital Management
Nature of Working Capital Management

Content: Working capital management focuses on maintaining an optimum level of funds at every point of time. All business capital is invested into adequate assets that enhance the cash management thereby maintaining proper liquidity ratio. Keep business moving: Working capital management plays an efficient role in keeping the wheel of business always moving. Right amount of cash is always available to meet the day-to-day expenses leading to uninterrupted continuation of business. It monitors all account payables and account receivables of business and utilize all funds in efficient way. Fulfil short term obligations: Meeting all short term obligations of business timely is a key role of working capital management. With the proper management of funds, organization are able to pay off their creditors in timely manner due to availability of sufficient amount of funds. Adequate working capital also enable in lending short-term credit facilities to customers by business.