Financial Management: Research Write Up

1. Working Capital Management

Discuss the importance of maintaining good working capital and state various ways of managing working capital effectively. Research and provide analysis on various short term and long term funding available for businesses in Fiji. Ensure to state the names of financiers, various products available and associated interest costs.

2. Credit Management

Due to high competition faced in your industry,the leaders of your organisation have come up with a strategic decision to sell items on credit mainly to have a huge competitive edge over your competitors. In ensuring minimal risks and lower bad debt levels, state and elaborate on at least 5 specific credit policies (in order of highest importance ) that you would always abide by and why.