Asked by MPENDULO DOMINIC FAKUDZE on Jul 25, 2024
Verified
What are the three most commonly found areas for potential cuts and improvements in a troubled company?
Potential Cuts
Potential cuts refer to possible reductions or decreases, typically in budgets, expenditures, or workforce, being considered to align with financial goals or constraints.
- Comprehend the critical significance of liquidity and asset management amidst financial challenges.
Verified Answer
NR
nithish REDDYJul 30, 2024
Final Answer :
The three most commonly found areas for potential cuts and improvements are working capital,payroll,and overcapacity and underutilized assets.
Learning Objectives
- Comprehend the critical significance of liquidity and asset management amidst financial challenges.