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How do you understand the following principles? Explain each in your own words. Write your answer on a separate sheet of pad paper.

1. "THIS IS NOT A 40 HOUR WEEK"

2. "CASH FLOW IS KING"​

Sagot :

Misscheskaidn

UNDERSTANDING OF THE FOLLOWING PRINCIPLES

1. This is not a 40 hour week

The short-time movement, also known as the eight-hour day or 40-hour week movement, was a social movement that sought to control the length of a working day in order to minimize excesses and abuses.

The current push for an eight-hour work day may be traced back to the Industrial Revolution Movement in Britain, when large-scale industrial manufacturing altered working life. So, the short time movement succeeded.

2. Cash flow is King

The ability of a corporation or a business to have enough cash on hand to support short-term operations referred to as "cash is king." Less than half of all firms fail due to a lack of cash flow.

Cash is, and always will be, king in this regard.

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