Working Capital Management of Micro and Small Enterprises
Published: 2018
Author(s) Name: Som Sekhar Bhattacharyya and Kovilapu Jagadeesh |
Author(s) Affiliation: National Institute of Industrial Engineering, Vihar Lake Road, Mumbai, Maharashtra.
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Abstract
Working capital management
(WCM) has played an important
role in achieving profitability for
micro, small and medium enterprises.
A major cause for the failure
of micro and small firms could
be attributed to improper WCM.
Micro and small ventures are especially
susceptible to WCM crisis
as they are typically placed
in hand to mouth conditions.
Lack of funds in tight situations
might result in severe existential
crisis. With the mission to be the
leader in industrial development
in India by 2020, Government of
Andhra Pradesh has consciously
taken steps to fulfill its dreams.
This study attempts to comprehend
the WCM practices followed
by micro and small enterprises in
Srikakulam district of Andhra
Pradesh.
Keywords: N.A.
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