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Q7. Khadi and Village industries, being a part of MSME, were facing some issues related to sales withbig brand apparel industry competitors. The length of production is small and labour intensivewhereas the inventory holding period and average collection are huge. Reducing operations is alsonot a way to deal in this situation.You are appointed as a finance manager in the company to deal with the problem of Working CapitalManagement. You further faces the problem of compromising between liquidity and profitability. Whatstrategies you would adopt as finance manger to solve this problem. |
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