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Phases of the business cycle means?

Updated: 10/18/2022
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14y ago

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Phases of business cycle means that at what stage of business cycle the business is currently is. These four phases are introduction, growth, maturity and recession and most of the companies of the world except wholesale businesses like australiawholesalers.com are passing through recession phase due to the current world economic crisis.

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14y ago
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Q: Phases of the business cycle means?
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