How the covid situation can affect working capital

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Your team is considering opening a business together. Given the economic impact of the COVID-19 crisis, you are particularly concerned about the performance and the financial health of the company you are planning to create together. As you are still unsure about the consequences of COVID-19 on your particular business, you decide collectively to explore the implication for some of the worst hit industry sectors globally.

Question 1: To answer this question set, you are asked to apply what you know of the three (3) basic decisions of financial management to different kinds of business in the COVID-19 context.

Question 2: Indicate and analyse how the COVID-19 situation can affect working capital management decisions in a fashion retail outlet company.

Reference no: EM132864949

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