During the Great Recession of 2008-2009 and the current pandemic, corporate cash conversion cycles typically increased in length by a significant amount. Why might this have occurred? How can this be mitigated? Was it a good decision by corporate CFOs to allow this to happen? Explain.

During the Great Recession of 2008-09 money cycle was commonly expanded because of profound sorrow in economy. Worldwide interest for the items were low and organizations were confronting request emergency therefore organizations were offering high length of credit line and timing because of which assortment period from the indebted individuals expanded essentially and accordingly money cycle has increased. Aside from the credit assortment different fund organizations were mindful about the working capital financing and were offering credit for exceptionally brief time frame therefore credit instalment period was diminished to a huge level which lead to increment in real money cycle.  

There was no different choices for CFOs to control the circumstances as these issues occurred because of huge changes in economy and this was crazy of CFO. CFO can do one thing they can deal with their assets by proficiently using the float,factoring administrations and by better management of account holders money and stock administration.

1. avoid them

2. a talk with them

3. ask someone you trust

4. ignore

5. call police