Chez Dove is an independent coffeehouse/bookstore that went bankrupt only eight months after opening due to an unexpected demand for cash to fix a leaking roof. Better cash might have allowed the business to continue operation.

Business is termed as the economic activity that includes the transactions of the exchange of goods and services in terms of cash or monetary currencies. These transactions are possible only by the existence of financial transactions.  

The correct answer for the blank is Management

Banks, Savings banks, Credit Unions, and other financial institutions provide a variety of financial services, while Accounts services give consumers access to internet transactions that include deposits, investments, lines of credit, loans, mortgages, or reward schemes, among other things.

Consistently balancing your ledger and paying your payments on time are two effective cash management rules.

To know more about cash management, refer to the link below:

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Management

Explanation:

Better cash management ensures survival of any firm if well handled and managed.

A Cash Management Strategy includes the use of Banks, Saving & Loan Associations, Credit Unions, and other financial institutions provide a variety of financial services or the use of Account services provide customers with online banking offering deposits, investments, credit cards, loans, mortgages, rewards programs and others.

Effective Cash Management Rules involves: balancing your checkbook regularly and Pay your bills on time

And others.

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