Effects Of Working Capital Management On The Performance Of Hotel Businesses In Nigeria

65 pages ID: BAM2254

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DepartmentBusiness Administration and Management
TypeProject
Pages65
Reference StyleYES
FormatMS Word & PDF
Reference No.BAM2254

Abstract

For businesses, an efficient working capital management is a vital component of success and survival; in terms of both profitability and liquidity. The crucial part in managing working capital is required maintaining its liquidity in day-to-day operation to ensure its smooth running and meet its obligation. Liquidity is a precondition to ensure that a firm is able to meet its short-term obligations and its continued flow can be guaranteed from a profitable venture (Gitman, 2005). The successful management of WC enables a firm to react quickly and appropriately to unanticipated changes in marke…

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