Actions to minimize cash flow problems: inflows and outflows
Not what you're looking for?
1. What actions can you take to minimize the cash flow problems that were identified in the simulation? Look at the problem from both the inflow and outflow of cash to determine what actions you can conceivably take to assure adequate cash availability.
Purchase this Solution
Solution Summary
This solution is comprised of detailed explanation of actions to take in order to minimize the cash flow problems in a business simulation. It addresses the problem from both the inflow and outflow of cash to determine what actions you can conceivably take to assure adequate cash availability.
Solution Preview
1. What actions can you take to minimize the cash flow problems that were identified in the simulation? Look at the problem from both the inflow and outflow of cash to determine what actions you can conceivably take to assure adequate cash availability.
The cash flow is affected by cash coming in and out of the business. The activities that cause these inflows and outflows of cash are those R&D costs, production, marketing, and financing. With regards to these factors, the cash flow problems must be minimized from both sides, inflow and outflow of cash. The actions you can pursue to assure adequate cash availability was also explained.
To minimize the cash flow problems regarding the outflow of cash:
? Reduce R&D costs.
- First the firm must design their products reasonably. The firm must design its products according to the buying criteria of the target customers. Doing so, the firm avoids the increase of its R&D costs for the current year.
? Create greater workforce through human resources.
- Enough workforce must also be provided in order for the firm to meet its number of products produced and its sales target for the coming years. At the same time, whatever the firm does in ...
Purchase this Solution
Free BrainMass Quizzes
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.