Respuesta :
Here are the decisions that the business cycle can help businesses make:
1. Whether to grow of shrink the business.
2. Whether to increase or decrease production.
3. Whether to hire or lay off worker.
4. Whether to invest or save money.
Hope this answers your question.
1. Whether to grow of shrink the business.
2. Whether to increase or decrease production.
3. Whether to hire or lay off worker.
4. Whether to invest or save money.
Hope this answers your question.
The business cycle can help companies make decisions based on expanding or decreasing business, increasing and decreasing production, hiring and firing employees, and investing or saving financial resources.
Business cycle stages
There are four essential steps, which are:
- Expansion
- Peak
- Contraction
- Trough
To identify which stage a company is in, it is necessary to analyze economic factors such as GDP, interest rates and consumer behavior, to broaden the vision of the organization's current economic moment.
Therefore, the decisions that the business cycle can help companies to make decisions about the business in a more focused way and based on indices that reflect the economic situation of the internal and external environment.
Find out more information about business cycle here:
https://brainly.com/question/26086110