BUSINESS CYCLE

Business cycle

Business cycle

Introduction

Every company goes through a business cycle during the course of its operation and continued existence. Essentially, a business cycle is simply a means of describing the series of economic ups and downs that are part of the experience of every business that operates over a number of years. This series of business cycles may occur in any number of different sequences, resulting in the need for the company to respond in an appropriate manner if the company is going to continue to operate. Sometimes referred to as the economic cycle of a company, the business ...