The globalization has revolutionized various aspects of our life thus reengineeringof Human Resources is highly essential. New techniques should be provided to theemployees to meet the global challenges. The managers have to test and measurethe different performance of his staff and activities by taking quantitative techniquemethods. To measure the working capital performance the finance managerhas to depend on various accounting ratios. These ratios can be calculated by takingsome technical tools. In modern-day context technical thoughts are more importantthan age old theoretical concept.
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