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