Description
discuss and explain what kind of working capital management policy does your company follow?
Explanation & Answer
I run my company on a restricted policy. Because my business is online and short-term, I calculate my assets' abilities aggressively. I answer questions rapidly and bet on many questions. While this results in the risk of gaining more questions than I can effectively answer, this risk is fairly small. Even in worst-case scenario, I simply do not collect a profit. This is acceptable because my business answering questions has zero overhead. The only capital I possess is human capital.
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