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 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. 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.