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From course:

GCSE Business 2020-2022 OCR

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Question:

How can Reducing Cash Outflows be used to Solve a Cash Flow Problem? Is there any Issues with doing so?

Author: eric_galvao



Answer:

A: Reviewing the Business's Cost scan find more Efficient Options that will reduce Cash Outflows. D: Getting a Better Supplier may be very Time Consuming D: Cheaper Stock may have its Quality Reduced, which may Tarnish the Business's Reputation D: Cutting Wages will obviously Interfere with the Staff's Needs [Stakeholders - Don't need to do that ANYMORE!] and lower Motivation


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