How tom is approaching cash flow issues

Assignment Help Management Theories
Reference no: EM131717045

Question: Tom Andersen owns an electronics firm in Wichita, Kansas. He has told you that he has been suffering some cash flow problems recently, but has avoided having to borrow money by letting some of his firm's bills run late. When you raised your eyebrows in response to hearing these comments from Tom, he said, "Don't worry. I'm really not nervous about this situation in that I have some large orders coming in soon. I'll use the cash from these orders to catch up on my bills." Does what Tom has told you seem to be a sound strategy for him to follow? What are the downsides associated with how Tom is approaching his cash flow issues?

Reference no: EM131717045

Questions Cloud

Construct and simulate the ac bridge of given problem : Construct and simulate the AC bridge of problem 2 for the two extreme conditions. Be sure to provide screenshots. Also, write a brief summary.
Provide the specific hypothesis statement : Hypothesis: Provide the specific hypothesis statement which includes the independent and dependent variable .
Summarize human development : Summarize Human Development - One page sharing how you would use this information in your profession and personal life
Fact that the limited liability company provides : Why does the fact that the limited liability company provides limited liability for some of its members mean that a state certificate must be filed?
How tom is approaching cash flow issues : Does what Tom has told you seem to be a sound strategy for him to follow? What are the downsides associated with how Tom is approaching his cash flow issues?
What advice would offer regarding the issue at hand : Currently, she is organized as a sole proprietorship and doesn't know if it is appropriate or advisable for a freelance journalist to set up a subchapter.
How ethical frameworks shape business decisions : Compare forms of alternative dispute resolution and, also explain how ethical frameworks shape business decisions.
What is the flow rate in liters per second through a pipe : What is the flow rate in liters per second through a pipe 32 cm in diameter, if the average velocity is 2.1 m/s? What is the gauge pressure in (a) kPa.
Define the establishment of a founders agreement : How would you respond to the position about a founders' agreement that your parents' friends are taking?

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd