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Effective management of an enterprise needs to be based on financial security. Uncertain financial situation of a company limits the efficient making of short-term decisions that directly affect the level of net working capital. Net working capital is one of the basic measures of financial liquidity. It is important for the company managers to choose a working capital management strategy that will ensure the company safe functioning and systematic improvement of financial results. The choice and type of strategy used depend on the goals that the manager wants to achieve, but also on the industry where the unit operates. The working capital in trade, production and service enterprises is managed in a completely different way. The purpose of the article is to analyze and evaluate the working capital management strategy in LOT Polish Airlines. The company is a state-owned enterprise which is the leader of air transport in Poland. PLL LOT as a market leader, can use combinations of working capital management strategies.

Keywords: air transport, working capital, strategies

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