Surviving the business cycle: Keeping the batteries charged.
Rural Telecommunications › Vol. 21 Nbr. 2, March 2002
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Summary
Preparing for down times during prosperous times
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Surviving the business cycle: Keeping the batteries charged.
As any economist worth his or her Laffer curve will tell you, there are three certainties in this life: death, taxes--and the business cycle. For as long as man has attempted to measure his economy, periods of expansion invariably have been followed by periods of contraction, with only the duration and amplitude varying.
Armed with this reality, a corporate manager can take steps to prepare for the inevitabil...See the full content of this document
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