what decisions does the business cycle help businesses make? choose four answers. whether to stay at old…

what decisions does the business cycle help businesses make? choose four answers. whether to stay at old facilities or move to new facilities whether to grow or shrink the business whether to keep or change products whether to increase or decrease production whether to hire or lay off workers whether to invest or save money

what decisions does the business cycle help businesses make? choose four answers. whether to stay at old facilities or move to new facilities whether to grow or shrink the business whether to keep or change products whether to increase or decrease production whether to hire or lay off workers whether to invest or save money

Answer

Brief Explanations:

The business cycle, which includes phases like expansion, peak, contraction, and trough, impacts business - related decisions. During expansion, businesses may grow, increase production, hire workers, and invest. During contraction, they may shrink, decrease production, lay off workers, and save money. Decisions about products and facilities can also be influenced by the overall economic situation in different phases of the business cycle.

Answer:

  • whether to grow or shrink the business
  • whether to keep or change products
  • whether to increase or decrease production
  • whether to hire or lay off workers