Question

This is a graduate course and students will be expected to research and write papers summarizing in their own words what they have found on current topics from the weekly readings. Research is a theoretical review of relevant literature and application of findings in the literature to a topic related to a specific industry, field, or business problem.

The research must be conducted using peer-reviewed trade or academic journals. While Blogs, Wikipedia, encyclopedias, course textbooks, popular magazines, newspaper articles, online websites, etc. are helpful for providing background information, these resources are NOT suitable resources for this research assignment.

TOPIC SELECTED --- ‘CASH MANAGEMENT’

a. Cover page

b. Overview describing the importance of the ‘cash management’ to current business and professional practice in your own words.

c. Purpose of Research should reflect the potential benefit of the ‘cash management’ to the current business and professional practice and the larger body of research. d. Review of the Literature summarized in your own words. Note that this should not be a “copy and paste” of literature content, nor should this section be substantially filled with direct quotes from the article. A literature review is a summary of the major points and findings of each of the selected articles (with appropriate citations). Direct quotations should be used sparingly. Normally, this will be the largest section of your paper (this is not a requirement; just a general observation).

e. Practical Application of the literature. Describe how your findings from the relevant research literature can shape, inform, and improve current business and professional practice related to your chosen topic.

f. Conclusion in your own words

g. References formatted according to APA style requirements

Answer 1

Cash Management - Cash management means a process in which collecting and managing cash. It reflect cash liquidity position of a business if we are see on the side of business and if we are looking as a eyes of an individual then cash is essential for financial stability while also usually considered as part of a total wealth portfolio.

Following are importance of cash management :

1. Good cash management systems is to reduce or eliminate any surprises when meeting cash requirements.
2. it allows businesses to be solvent enough to keep the company in business even during slow activity or economic downturns. If your business cannot meet its monthly obligations for operations and liabilities you are not solvent. This means that a downturn in the economy or any loss of sales could be devastating.
3. Allows planning for capital expenditure.
4. Enables you to make special purchases and take advantage of business opportunities.
5. Allows adequate cash for purchases and other purposes.

As a conclusion of cash flow management, Here I want to say Cashflow Management is one most imporatant elements of individual prospective or business prospective. Cash cycle management involves speeding up cash receipts and slowing down cash disbursements so as to free up as much cash as possible from the side of business.