Asked by Hanna Alexis on Sep 26, 2024

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Business cycles have variable timing and predictable structure.

Business Cycles

The fluctuations in economic activity that an economy experiences over a period of time, characterized by expansion and contraction phases.

Variable Timing

The concept of adjusting the schedule of events or activities based on various factors or conditions.

Predictable Structure

An organizational or systemic setup whose outcomes or behaviors can be anticipated based on known parameters or historical data.

  • Evaluate the significance and influence of economic fluctuations on decision-making in management and corporate outcomes.
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KL
Karen Lousie Canaverasabout 7 hours ago
Final Answer :
True
Explanation :
Business cycles can vary in length and timing, but they typically follow a pattern of expansion, peak, contraction, and trough. This predictable structure is based on economic factors such as changes in interest rates, consumer spending, and investment.