Paradoxically,a recession can be an ideal time to:
A) Employ more staff.
B) Develop better relations with shareholders.
C) Loosen controls allowing managers more freedom to act.
D) Invest in the future.

Question

Quizplus · Accepted Answer

During a recession, many businesses are hesitant to invest in the future, leading to less competition and lower prices for investments. This makes a recession an ideal time to invest in the future when prices are lower, and the competition is lower. It can help businesses to gain a competitive advantage and come out stronger in the long run.

Paradoxically,a Recession Can Be an Ideal Time To