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13 February, 06:25

What are the steps the businesses usually take during recession

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  1. 13 February, 08:54
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    The key things that a business must do during a recession is cut or control costs.

    It is more likely than not that during a recession the demand for the businesses product will go down as people have less access to money.

    So, the business will need to shed employees and cut back to weather the storm while still being ready to produce again when the recession ends.
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