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Post Info TOPIC: How to Innovate in a Downturn
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How to Innovate in a Downturn
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When there is a general decline in the level of economic activity, business enterprises can take one of two approaches. The first, which is adopted by a majority of firms, involves buckling down, cutting costs and conserving cash in an effort to survive till conditions improve.

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References: http://www.businessdictionary.com/article/1314/how-to-innovate-in-a-downturn-wsj1605/

 

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