Are there any advantages to working for indutries that flucttuate more woth tye ups and downs...

Are there any advantages to working for indutries that flucttuate more woth tye ups and downs of the economy?

Are there any advantages to working for industries that fluctuate more with the ups and downs of the economy?

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Expert Solution

Answer) There are advantages of working in such a industry,fot starters such industries can greatly benefit from any economic reforms which almost every government try to achieve,so inherentely these industries stand to benefit unless government fails in providing economic boost,second point is that these industries can very well plan for situation as employees can gauge if economy will boom or not and prepare in advance for both cases,so with limited conditions of success,it is easier to focus and plan,third advantage would be that it helps employees plan their future as well based on how economy is going and keep a backup ready,finally working in such industries help employees to benefit from cycles of up and downs as they are mentally prepared for small down periods knowing very well that economy will revert to growth and with that the industtu they are working in.

Answer is complete.Thank you!

Rahul Sunny answered 1 year ago

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