A study on impact of economic downturn on global manufacturing industry and the key strategies and measures adopted by the organizations to emerge successful
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Date
2013
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Journal ISSN
Volume Title
Publisher
University of Mumbai
Abstract
As the economic system revolves around the business cycles, recessions too are a part o f the global economic cycle. M ost economic theories accept that business cycles are cyclical deviation o f macroeconomic variables such as output, investment and consumption from their trend.