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: Avail cash discounts: Right management of working capital provides opportunity for availing cash discount facilities provided by supplier. Business with adequate working capital are able to purchase raw materials in bulk available at huge discounts from supplier on doing cash payments. Facilitates business growth: Working capital management leads to expansion and growth of business enterprises. It focuses on raising the overall productivity and profitability by ensuring that all business funds are efficiently utilized. Funds are acquired for business at economic cost and timely deployed in efficient set of assets yielding better returns. Regulate business reputation: It regulate the overall reputation of business organization in market. Proper management of working capital leads to timely payments of all outstanding bills and short debts by business.