20 February 2009

Business Cycle

"The business cycle is the repeated but unpredictable fluctuations in economic activity measured by changes in real gross domestic product (GDP) and other macroeconomic variables." (McTaggart,Findlay & Parkin 1995)

A business cycle comprises of four phases: BOOM, RECESSION, DEPRESSION AND RECOVERY.

Those organisations that do not take into account the business cycle are more vulnerable to economic recessions.

Organisations that understand and access the level of risk of new projects and fully explore the possibility of negative or zero return on the investment are more likely to be successful in the long run.

Our Vantage Performance Team is looking forward to interacting with you again.


Pedro Bueno

Vantage Performance
Profit Improvement and Turnaround Specialists

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