Essay Cash Mangement in Business

Americans usually limit the term "Money", to simple monetary units; however, "money" encompasses more than simplistic pieces of metal and paper, cash in the bank, or credit. Money includes anything that you can trade for something else including, but not limited to, skills, talents, a strong body witht he ability to work, and essential knowledge.

Money is the life force of all of society. In every aspect, money determines the value of good, services, and even people’s lives. As we breathe air to function, society relies on finances to function. And if society, the unity of humanity, relies on money, than the leaders of society want to limit and control it to withhold their power over humanity. They do this by limiting what can be bought and sold, while also controlling how much different things cost. These limitations allow our leaders to control our money and, through that, our value and influence to society.

First off, he uses personification referring to money being able to talk, giving it human qualities. Money is something that travels from person to person and there is no way to keep track of where money is going or where it is coming from. It is a metaphor because money is something that is dirty and you would not be willing to put it in your mouth. However, people put money where their mouth is when they want to prove a point. Money has this certain sense of power. People know that you are very sure about a point you want to be made when you start to involve money.

In Cormac McCarthy’s book No Country for Old Men, the main character Llewellyn Moss finds himself in a pretty scary position. He found a bag filled with millions of dollars and there are a lot of people hunting for him, to get that money. He is running for his life for most of the book. All of which is because Moss loved the power of money. Although you need money for material possessions and services, money corrupts you to be motivated to do bad things.

An individual stock's diversifiable risk, which is measured by the stock's beta, can be lowered by adding more stocks to the portfolio in which the stock is held.

Businesses continually adapt to a changing environment to maintain their market position (Appelbaum, Habashy, Malo, & Shafiq, 2012; Biedenbacha & Soumlderholma, 2008). Change is inevitable considering the current rate of technological advancement and the growth in global competition (Appelbaum et al., 2012; Armenakis & Harris, 2009; By, 2007). Increasing competition and the need for strategic flexibility and globalization is affecting almost every organization today, regardless of size, market, focus, and so on (Jaros, 2010).

Cash flow is one of the most important aspects of running any business whether large or small. It is one of the single most important reasons why many businesses fail, this does not matter whether how good a business is. Managing a cash flow therefore is vitally important in the smooth running survival and success of a business.

“Money is a means of payment, store value, and a unit of account” (Case, Fair, & Oster 2011). Money is our economy’s barter. Instead of providing goods and services to get other good and services, money is that form of exchange. For example, you can easily go to the store with money and buy a gallon of milk. Money is a store of value; for instance gold and silver. Money gives purchasing power from one period to another, in other words it can be (look for “USED”)r ver time. As mention in the class lectures, we rely on checking and saving accounts for this. Money is a unit of account; it provides a common base for prices. We can add up goods to their dollar and cent value.

As we have learned in previous modules, cash is one of the most important assets for any business because it easily can be converted or exchanged to any other type of asset or service. So, when cash is not managed correctly, it can generate serious problem and unbalances to the company that could lead to bankruptcy if they are not detected and fixed on time. So, one effective way to managed cash appropriately is by keeping track of how cash is being used and the cash flow will provide details of the business financial activities.

class he had missed had been devoted to a lecture and discussion of the statement of cash flows, and

Financial Management is a critical aspect of any business in order to achieve a sustainable and efficient cash flow. It is essential in maintaining the link between a business’s future financial goals (profit maximization) and the resources that it has in order to achieve its objectives. Businesses demand certain common goals that increase a bussiness's all around achievement, Some of which involve; growth amongst assests, An increase in efficiency in all areas of the business whether it be management or not. And the ability to meet short term and long term debts. Finacial management undertakes the responsibility to implement and acheive these goals for the business using a range of strategies shaped to meet the needs of the business and

Money is power. Money is shelter. Money is clothing. Money is life. Most people think that you can get by in life without money, but in fact you need money for all things to survive comfortably. You need money to buy a home, you need money to buy clothing, you need money to buy food. Money is powerful because you need it to get all things in life.

Cash, in a broad sense, means a positive bank account or the access to a

The management of cash is essential to the survival of any organization. Managing an organization’s financial operation requires knowledge of the economy and ways to maximize revenue. For any organization to operate on a daily basis adequate cash flow is required. Without cash management the organization will be unable to function because there is no cash readily available in case of inconsistencies in the market. Cash is also needed to keep the cycle of the company’s operations going.

The receivable turnover ratio decreased slightly from 2013 to 2014 due to the increase of 67 million in receivables compared to the increase of $245 million in Sales. This ratio for Macy’s implicates that they collect on what customers, vendors, and suppliers owe to them quite often throughout the year.