Chez Dove is an independent coffeehouse/bookstore that went bankrupt only eight months after opening due to an unexpected demand for cash to fix a leaking roof.Better cash _____ might have allowed the business to continue operation.

Question

Quizplus · Accepted Answer

Better cash management refers to the process of managing a company's financial resources to ensure there is enough cash to meet its obligations and avoid insolvency. In the context of Chez Dove, effective cash management could have provided the necessary funds to address the unexpected expense of fixing a leaking roof, potentially allowing the business to continue operating.

Chez Dove Is an Independent Coffeehouse/bookstore That Went Bankrupt Only