During which stage of the business cycle would a company such as Intel begin to focus on being more value conscious in its production decisions?
A) Depression
B) Peak
C) Recession
D) Trough
E) Recovery

Question

Quizplus · Accepted Answer

During a recession, the economy is slowing down and consumers are less likely to spend money, so companies like Intel may begin to focus on being more value conscious in their production decisions as a way to cut costs and maintain profitability.

During Which Stage of the Business Cycle Would a Company