Question

Bharat Express specialises in Courier Services. Its 'wide range of express package and parcel services' help business firms to make sure that the goods are made available to the customers at the right place and at the right time. A state with reason, whether the working capital requirements of 'Bharat Express' will be high or low

Answer 1

The working capital requirements of Bharat Express will be low as organisations dealing in services have shorter operating cycles, i.e. no processing is done in such organisations.  Accordingly, they require low working capital.