Penn State Lesson 4 Cash Is King Competitive Advantage Discussion

The text and commentary both reference the concept of “cash as king.” Let’s think about this concept in the context of alternative business strategies.
Consider a situation in which an organization with which you are or were affiliated was “cash poor.” You may wish to keep the actual identity of the organization confidential. If this is the case, please use a fictional name for the organization when describing the circumstances and your recommendations.
If you have never worked with an organization that experienced being “cash poor,” choose one to lightly research using the Internet or you may informally interview a business colleague, friend, or relative.
Submit an initial post of at least 250 words addressing the following:
Briefly describe the situation.
In seeking to create a competitive advantage given the organization’s economic circumstances, what options might the company have to achieve a more favorable cash position?

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