Question

Will the timing of the National Bureau of of Economic Research business cycle be as important to someone working in a food service firm or for a company such as Navistar that makes trucks and busses? When speaking of timing, this in regard to their announcement of peaks and troughs regarding a recession.

Answer 1

Ans. The timing of the National Bureau of Economic Research business cycle is important to someone working in a food service form or for a company such as Navistar that makes trucks and buses because the business cycle fluctuation created and environment for all the business houses to work according to the dynamic economy condition because market conditions are totally uncertain and it is not recognised as a policy of sustainability.

Market research provides a base to take the decisions as per the business policies.

The business cycle is the combination of fluctuation of the favourable and unfavourable market situation for the business houses therefore it is very important to work according to the economic policies and the forecasting of the economic observations.

Recession is a situation where the rate of return from any of the investment projects in the economy decreases and therefore recession in the business cycle affected the market policies.

It is important to understand the condition of reception and also the favourable condition in the market for the smooth functioning of business programs.