explain the use of business cycles in business decisions
Answers
Answered by
2
Answer:
The business cycle – also known as the economic cycle – refers to fluctuations in economic activity over several months or years. Tracking the cycle helps professionals forecast the direction of the economy.
Explanation:
please mark me as brainlist
Answered by
1
Answer:
the business cycle of a firm will also have a huge impact on their business decisions. so different phases of the cycle demand different actions from the firm. so if the economy is going through an expansion the management can make the strategic decision to expand the business or increase their output level
Explanation:
Mark me brainlist answer
Similar questions