How can a company effectively deal with an economic downturn What are some strategies they can use?


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During an economic downturn, you need to survive but you need to be cautious that the actions you take in the recession destroy your core competitive advantages because you have found yourself pressurized to reduce price and cut back on service.

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Cutting back and economizing. Trying to go green. Taking advantage of tax breaks. The list keeps going! ChaCha on!

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