The Effectiveness of cash management strategies in a manufacturing industry: a case of Delta Beverages Mvurwi branch
- Author
- Mupimbira, Kudakwashe
- Title
- The Effectiveness of cash management strategies in a manufacturing industry: a case of Delta Beverages Mvurwi branch
- Abstract
- Most industrial organizations face issues in their cash management techniques in an uncertain economy like Zimbabwe's. Cash management strategies such as budgeting may be ineffective due to frequent price changes. Using the case of Delta Beverages as a representative, this study was undertaken to obtain information on modern-day cash management procedures in various manufacturing companies. Data was obtained through surveys and interviews, and respondents were chosen using purposive sample approaches. Only 22 out of 30 Finance and Administration employees responded to interviews and surveys. The data was analyzed using the Statistical Package for Social Science (SPSS) and Excel. The research was mostly conducted in accordance with the study's objectives. These objectives include understanding how Delta Beverages' cash management methods can be improved, analyzing the justifications behind the preferred level of cash reserves during any given time, and determining how the company's excess cash can be invested
- Date
- June 2022
- Publisher
- BUSE
- Keywords
- Cash Management Strategies,
- Cash management methods,
- Delta Beverages,
- Supervisor
- N/A
- Item sets
- Department of Accountancy
