Topic 3a - Notes on Clarkson Lumber Case.pdf

Suppliers withholding supplies thereby making it

Info icon This preview shows pages 7–10. Sign up to view the full content.

Suppliers withholding supplies thereby making it Suppliers withholding supplies, thereby making it hard to meet customer demand. Managerial time largely devoted to finding cash to meet interest charges due or to pay wages. Longer-term planning becoming difficult. Managers spending their time going from crisis to i i 14 crisis. Failure of the business due to inability to meet its debt obligations.
Image of page 7

Info icon This preview has intentionally blurred sections. Sign up to view the full version.