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2. When it comes to the managment of cash cycles and working capital management in general a company may afopt different strategies depending upon the

2. When it comes to the managment of cash cycles and working capital management in general a company may afopt different strategies depending upon the current cash flow and outflow, as well as their preferences and needs related to cash. What is the difference between a flexible and restrictive policy? Whar are the advantages and disadvantages of each one and why would a corporation select one of the other?

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