Introduction
“The art of working capital requires good planning and quick responses” (University of Phoenix, 2009). In to-days aggressive business environment organizations must employ stringent working capital management techniques. This involves looking at all facets of the business and determining options to ensure the organization is managing cash as efficiently as possible. During the course of this paper the team reviewed several organizations that have employed cash management techniques that may benefit Lawrence Sports, a $20 million revenue company. Lawrence is faced with the challenge of maintaining good relationships with its business partners and catering to its own capital working capital needs. Lawrence’s primary customer is Mayo Stores and its two main suppliers are Gartner Products and Murray Leather Works.
Key Course Concepts
The team researched the following organizations, General Electric, JC Penny, Safeway Stores, Thoratec Corporation and Wal-Mart.......

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Title: Lawrence Sports Generic Benchmarking
Approximate Word Count: 3862
Approximate Pages: 16 (250 words per double-spaced page)

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