Sample Thesis Paper
The most important question asked from the participants was the preference of application of a single technique to speed up cash flows or a combination of techniques. The responses from Marks and Spencer indicate that a combination of techniques was applied in the company to speed up cash flows including effective management of accounts receivable, inventory and accounts payable.
The response to this question from Debenhams also implied the use of multiple techniques rather than a single technique to speed up cash flows and it was seen that the management of accounts payable was much better than that of Marks and Spencer. The combination of techniques applied to speed up cash flows should cover the three elements of the cash cycle and focus on both early receipt of inflows and delayed payment of outflows. Both of the companies implement a combination of techniques focusing on the inflows as well the outflows in order to achieve effective results.