Karim, the financial manager of XYZ company invested on a large amount of money to meet his company's strategic goals. Therefore, he has utilized these funds in the organization's infrastructure and the purchase of long-term assets. Recently he started facing problems in financing the business's day-to-day operations and fulfill the requirement of everyday production. Karim's problem is due to the lack of O Working Capital O Capital Expenditure O Fixed Capital Venture Capital

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Karim, the financial manager
of XYZ company invested on a
large amount of money to
meet his company's strategic
goals. Therefore, he has
utilized these funds in the
organization's infrastructure
and the purchase of long-term
assets. Recently he started
facing problems in financing
the business's day-to-day
operations and fulfill the
requirement of everyday
production. Karim's problem is
due to the lack of
O Working Capital
O Capital Expenditure
O Fixed Capital
Venture Capital
--
Transcribed Image Text:Karim, the financial manager of XYZ company invested on a large amount of money to meet his company's strategic goals. Therefore, he has utilized these funds in the organization's infrastructure and the purchase of long-term assets. Recently he started facing problems in financing the business's day-to-day operations and fulfill the requirement of everyday production. Karim's problem is due to the lack of O Working Capital O Capital Expenditure O Fixed Capital Venture Capital --
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