Question (2): "Cash is King". Using recent developments in the economy of the UK, explain why managing cash is a fundamental concept of business finance. Use references where appropriate and your answershould give examples where a lack of cash has been a contributing factor.

Your answer should include: I. Identification of a business or business sector that has failed due to cash flow difficulties, providing an evaluation of the issues. Also note if there were any other underlying business issues in addition to cash shortage.