Phases of business cycle
Sep 10, 2022•5 min•Season 1Ep. 26
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Episode description
Why business cycle phases matters?
A business cannot be stagnant, it must constantly keep updating to stay with the times.
So different phases of the cycle demand different actions from the firm.
If the economy is going through an expansion, management can make the strategic decision to expand the business or increase their output levels.
Welcome to the another episode of EdFunn where our speaker Gaurav Dudeja assist you to understand the phases of business cycle.
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