To prepare for this Discussion: Shared Practice, select two of the following components of working capital management: the cash conversion cycle, the cash budget, inventory management, and credit policies. Think about scenarios in which your selected topics were important for informing decision making. Be sure to refer to your Learning Resources for this week, research in the Walden Library, and your professional experience on working capital concepts to help develop your scenarios.

• Explain how the first selected topic impacted an organizational decision.
• Explain how the second selected topic impacted an organizational decision.