The cash management role of "cash conserver," controlling the cash needed to pay bills,and prioritizing and timing those payments,is the entrepreneur's first and foremost responsibility.

Question

Quizplus · Accepted Answer

While cash management, including controlling cash flow and prioritizing payments, is crucial for an entrepreneur, it is not necessarily their first and foremost responsibility. Entrepreneurs also focus on strategic planning, product development, marketing, and team building as primary responsibilities.

The Cash Management Role of "Cash Conserver," Controlling the Cash