Discuss the importance of effective working capital management, its role in meeting the firm’s strategic objectives, and its effect in value creation.

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Using the article by Pasandideh and Darabi (2015) assigned in this unit, “The Effect of Working Capital Strategies on Performance Evaluation Criteria,

Discuss the importance of effective working capital management, its role in meeting the firm’s strategic objectives, and its effect in value creation.

Be sure to provide examples of metrics used to evaluate working capital management and discuss how these metrics should be interpreted. Provide support for your discussion.