Predicting behaviors of the general business cycle

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Question: A business cycle is the up and down movement of an economy's ability to generate wealth. The ultimate goal of of a business cycle is to generate profit. However, what is important to remember here. Class - are the types of decisions that managers employ to attain this goal of profit. Risk taking decisions may not always work to this best interest - on the flip side of this point - safe and predictable management decision may not work either.

In your opinion, do you think that it is hard for managers to make decisions that step out of the norm of the predicted behaviors of the general business cycle? Please share a professional example to support your discussion.

Reference no: EM131843298

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