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: It enables business in paying all dues to suppliers or trade creditors on time through always maintaining sufficient amount of funds. This will result in gaining confidence of creditors towards business. Helps in expansion: Every business wants to expand its activities over the time for which it needs additional capital. Proper management of cash will provide business with necessary funds timely and make expansion programs successful. Competitive advantage: Business through management of funds is able to reduce their cost and avoid wastages of resources. They can earn sufficient profits by offering their products even at low prices to customers. It will help in gaining competitive advantage in market and generating large revenue. Nature of Working Capital Management
Manages operating expenses: