Asked by Alyssa Durazo on Sep 26, 2024
Verified
Which of these is everything when it comes to making good business cycle-sensitive decisions?
A) Innovation
B) Lobbying
C) Timing
D) Luck
E) Spending
Business Cycle-sensitive
Describing organizations or industries that exhibit fluctuations in performance or demand in response to changes in the economic cycle.
Good Business
A business approach that goes beyond profit-making to include ethical practices, social responsibility, and positive community impact.
Timing
The selection of the best moment to initiate or perform an action to achieve maximum effectiveness.
- Recognize the importance of timing in business decisions and the development of new products.
Verified Answer
Learning Objectives
- Recognize the importance of timing in business decisions and the development of new products.
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