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JNB159 Financial Resource Management Assignment Answer
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Assignment Details:
- Referencing Styles: Harvard
- Words: 1250
- Course Code: JNB159
- Course Title: financial resource management
- University: University of Tasmania
- Country: AU
Task:
Question 1
a) Using an industry example, describe the operating cash cycle for a retailer and discuss why it is important for managing and controlling cash.
b) In the case of a well-established manufacturing business that wants to expand, describe the main sources of internal and external finance and briefly discuss the advantages and disadvantages of each source.
c) Using the Assignment 3 reading resources, outline the main cashflow problems in supply chain management.
Question 2
Please answer the following questions:
a) Discuss with examples the main limitations of an annual operating budget and explain how these limitations can be addressed.
b) Discuss the purpose of capital budgeting and how it relates to a strategic plan.