strategy
Coping with economic cycles
Synonyms:
Managing business cycles Context:
The theory of cyclic nature of economic expansion and contraction was formerly influenced by the cyclic nature of production of food and some primary commodities, and the simplistic dilation and contraction in the supply-demand market model. Currently it is conceived as an outcome of over-correcting government (intervention) policies. Narrower:
Facilitating economic structural adjustmentRecovering from international economic recessionMinimizing economic cycle of boom and depression Constrained by:
Aggravating cyclical recession Facilitates:
Reversing business decline Facilitated by:
Monitoring business activityResearching macroeconomic modellingProtecting against vulnerability to economic cycles Problems:
International economic recessionValues:
BusinessUneconomic Subjects:
Commerce → Business enterprisesManagement → Management
Economics → Economic
Type Classification:
D: Detailed strategies Related UN Sustainable Development Goals:
