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Discuss a management strategy used to retain or increase cash. Share an example of a time when...

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Finance

Discuss a management strategy used toretain or increase cash. Share an example of a time when you’veused a similar strategy in your personal finances. How are theapplications of these strategies similar or different forbusinesses and individuals?

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A management strategy used to retain or increase cash is to systematically examine its inventory levels For most of the corporate entities around 80 percent of their profits come from 20 percent of their products Not all products are winners for a company Take the example of a company like PG Procter and Gamble The company makes and sells a large number of products and brands but still the    See Answer
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Discuss a management strategy used toretain or increase cash. Share an example of a time when you’veused a similar strategy in your personal finances. How are theapplications of these strategies similar or different forbusinesses and individuals?

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