Inhaltsangabe
During the last decade the business world has been thrown into turmoil: stagnation, inflation, deflation, record interest rates, redeployment, deregulation, record bankruptcies, multiple tax laws, foreign competition, market volatility. One long- standing objective which has emerged from the turbulence and turmoil as primordial is that of building and maintaining a sound balance sheet. This book sets out a program, the strategic element of which is the adaptation of the balance sheet to promoting efficient operating profitability, where earnings will be of tangible (not illusory) quality. The fundamental purpose of the book is to induce a fresh look at a familiar target, from an original perspective; for it is the manager who first sees solutions and first spots opportunities who has the best prospects of effective and productive commercial achievement. This major revision of Nune's earlier work, Operational Cash Flow Management and Control, includes new material on inventory calculations, cash management instruments, self insurance, collection problems arising from bankruptcy and much more.
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