Why is understanding the relationship between the cash conversion cycle (CCC) and net working capital important to the contemporary business executive

To understand how businesses need money and how they can sustain themselves for a period of time to fund bills and still operate

Explanation:

Understanding the relationship between cash conversation cycle and contemporary business executive aims at knowing the business needs funds to operate and building strategic alliances, make money and propose ideas that will sustain and elevate it's strength for some time. Money is vital in running business operations, as organizations will foot bills and do some expenditure and sought out ways to earn more business.

answer; ///blank(1) longer; blank(2); lessi believe this is correct, plz check first; good luck';