Efficient working capital management is an integral component of the overall corporate strategy to create shareholder value. Working capital is the result of the time lag between the expenditure for the purchase of raw materials and the collection for the sale of the finished product. The continuing flow of cash from suppliers to inventory to accounts receivable and back into cash is usually referred to as the cash conversion cycle. The way in which working capital is managed can have a significant
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and reductions in unproductive or idle work time. Increasing working hours may appear as a magical solution to increase productivity. However‚ Shepard & Clifton (2000) research show that longer working hour resulted in decreasing productivity. . More working hours can mean increasing fatigue rather than increasing productivity. On contrary‚ decreasing working hours enhance WLB and productivity‚( Bloom et al 2006). Increasing working hours could negatively influence WLB ‚ which means less family
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Brittany Lewis Dr. Muriel M. Brennan English 105 April 24‚ 2015 Talent versus. Hard Work Natural talent vs. hard work is a topic that has been debated by people of all professions throughout history. It’s also known as Nature vs. Nurture‚ the difference between one’s innate ability vs. ability affected by personal experience. In a study‚ the Florida State University psychologist K. Anders Ericsson and his colleagues asked violin students at a music academy to estimate the amount of time they
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WEATHER WORKING DAYS Print By Per Zerman‚ Assistant Vice President‚ Skuld Copenhagen Published 03 November 2010 Legal news The term ”weather working days” often forms part of the definition of laytime . Although the meaning should‚ at first glance‚ be straightforward‚ it continues to be a source for dispute: The intention is that where weather conditions make it impossible to load or discharge‚ then that day (or period of a day) should not count as laytime. This carries with it a fairly broad
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“built to order” business model and customer service focus which includes direct selling. Dell’s ability to maintain low levels of finished goods inventory minimized the cash conversion cycle to a high extent‚ thus minimizing the need for costly working capital. In past years‚ Dell has mainly financed its operations internally and secondly through the issuance of shareholder equity and small amounts of long term debt. Statement of Problem Being more flexible and responsive to market demands‚ Dell
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Working with Working Capital Management Multi-Line Industry Conglomerates Family Firms In GCC Countries Abstract: An efficient Working Capital Management (WCM) has a significant effect toward the creation of a firm’s value. It is a fact that financial managers in the firms used to give concentration on managing long-term financial decisions‚ specially capital structure‚ investment decisions‚ company valuation & dividends decisions. Only little attention was given to managing the short-term
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CHAPTER - I INTRODUCTION 1.1. WORKING CAPITAL MANAGEMENT Working capital may be regarded as life blood of a business. Working capital management is a process of planning and controlling the level and mix of the current assets of the firm as well as financing these assets. A study of working capital is of major importance to internal and external analysis because of its close relationship with the day-to-day operation of a business. Even in a well-established business with a long history
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STUDY: Whatever may be the organization‚ working capital plays an important role‚ as the company needs capital for its day to day expenditure. Thousands of companies fail each year due to poor working capital management practices. Entrepreneurs often don ’t account for short term disruptions to cash flow and are forced to close their operations. In simple term‚ working capital is an excess of current assets over the current liabilities. Good working capital management reveals higher returns of
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FLEXIBLE WORKING POLICIES: A COMPARATIVE REVIEW The long hours culture and the intensification of work Both a cap on working hours‚ and a broader reorganisation of working time‚ are necessary pendants to policy approaches based on individual rights to flexible working. The experience in countries such as Germany‚ France and Denmark shows that reductions in working hours‚ where employees are consulted over implementation‚ can provide greater work-life balance without reducing competitiveness
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References: Drakeford‚ J. (2006). Episodic memory‚ recognition memory‚ and conscious recollection in schizophrenia: An investigation across modalities. Unpublished PhD thesis‚ University of Birmingham‚ UK. Dunleavy‚ P. (2003). Authoring a PhD: How to plan‚ draft‚ write and finish a doctoral thesis or dissertation
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