Help with business question

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ncevy7410

Business Finance

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business paper.docx  Please help someone

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Click the linked article and read the case regarding the successful entrepreneur who couldn't keep his foot out of his mouth. Burrell, L., Heifetz, R. A., Biggs, J. H., Clarke, T., & Brown, R. (2006, December). The CEO who couldn't keep his foot out of his mouth. Harvard Business Review, 84(12), 35-46. Retrieved from Business Source Complete database. Link to article Assume that Evan Breyer, the company's founder and chairman, has hired you as a consultant. Prepare a 1-2 page report that outlines your recommendations with the steps that you feel he should take regarding Rob Miranda. While most businesses must have some debt, there is a difference between short-term and long-term borrowing. It is often desirable to accumulate a cash reserve rather than utilize short-term borrowing. Write a 1 page paper on ways to invest and manage short-term cash. How might it be invested? Why is it important to keep the cash "working" for the business rather than sitting idle?
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