WORKING CAPITAL MANAGEMENT AS A TOOL FOR BUSINESS SURVIVAL
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- NGN 5000
Abstract
This study on working capital management as a tool for business survival was carried out to examine the impact of working capital on the corporate performance of a manufacturing firm, The Ramsgate pharmacetical store which is located just outside the borderlines between Lagos and Ogun state, Nigeria was used for the study. A survey method was used for this study. The population consisted of all the entire Male and Female staff of Ramsgate pharmacetical store. It is concluded that Capital Management has significant effects on the business survival, Administrative official and other Management Carefully manage the financial resources in a prudent and cost effective manner in order to make the society very effective and well developed. There are significant effects of capital management on cooperate performance. Among others, it enhances prudence on the part of the management committee. It safeguards the investments of the cooperate shareholders etc.
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