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: Management of working capital will enable them in paying all short-term debts and operating expenses on time. Ability to face crisis: Efficient management of working capital enables business in facing emergency situations such as depression. It ensures proper availability of funds at all times so that business can easily face time of crisis or peak demand where they need to boost up their production. Increase creditworthiness: Improving the business value and position in market is another important advantage of working capital management. Businesses having sound working capital position enjoy better liquidity and credit rating. It helps them in raising funds from various external sources easily at favorable terms. Better relations with supplier and creditors: Management of working capital leads to better relations with supplier and all creditors.