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The most noticeable changes will be that organisations/companies will look to reduce their overhead costs to remain competitive and to respond to falling demand for their goods or services. This usually means reductions in employee numbers, changes to working patterns as short time or part time working is introduced. Spending on recruitment and training will follow although this is probably the worst possible time to cut spending on training which is one of the most effective ways of gaining a competitive edge in a recession. Those with the best trained and prepared workforce will not only survive the recession but more importantly be equipped to survive and prosper in the recovery phase. Companies also look to reduce their debt levels and reduce capital spending. The recessionary phase is one of great opportunity however as firms are looking at every aspect of their business and will be open to tenders from new suppliers as they seek to reduce costs and a positive outlook and approach here can win new business.
What else can I help you with?
What business cycle will the economy most likely experience during rising real output and falling unemployment rates?
Expansion
During the 1920s the us economy was in what phase of the business cycle?
expansion
A recession occurs during the expansion phase of a business cycle?
false
What industries of sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
capital goods
What is the role of needs in business cycle?
explain the role of needs in the business cycle
What business cycle will the economy most likely experience during rising real output and falling unemployment rates?
Expansion
During the 1920s the us economy was in what phase of the business cycle?
expansion
A recession occurs during the expansion phase of a business cycle?
false
Cyclical unemployment?
associated with the business cycle, like during recessions
During what part of a business cycle is there very little business activity and high unemployment?
trough
Is e-business likely to be more beneficial in the early part or the mature part of a product life cycle?
E-business is more likely to be more beneficial in the early part of a product's life cycle. E-business strengths include flexible pricing, promotions, and product portfolios and greater speed in disseminating product information. Later in the life cycle, a product is likely to be a commodity, which doesn't play to the strengths of this channel
During which part of a business cycle are there fewer jobs and rising unemployment?
recession
What role does a customer have during the project life cycle in business?
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What industries of sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
capital goods
Can a woman get pregnant during menstruation cycle?
a woman can get pregnant at ANY time. yes she can during her menstrual cycle. it is less likely - but does happen! wrap up and protect!
During the 1920 the US economy moved through which phase of the business cycle?
Expansion
When during the cell cycle do mutations occur?
Mutations can occur at any point during the cell cycle, but they are most likely to happen during the DNA replication phase, which is part of the interphase stage.
