Students must identify a business giving a brief

Question

1. Students must identify a business (giving a brief description of the business background and operations) and choose one aspect of financial operation from the following areas:
   - Cash flow planning and management
   - Receivables
   - Inventory Management
2. Provide a detailed description of the present process associated with the chosen aspect of operation. You should include an assessment of the present process.
3. Provide detail recommendations on how that aspect of the business operation can be improved. You must give details of the new processes being recommended.
4. Feedback from the management on practicality of recommendation, timeline for implementation and limitations.