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

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

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

Answer

Brief Explanations:

The business cycle affects various aspects of business operations. During expansions, businesses may consider growth - related decisions like growing the business, increasing production, hiring workers, and investing. During contractions, they may opt for shrinking, decreasing production, laying off workers, and saving money. Decisions about facilities, products also depend on the phase 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