How Asian Companies Can Beat the Recession
As the financial crisis spreads across the globe, businesses are recasting plans to deal with uncertainty. Recessions tend to shuffle the deck: When business slows, the opportunities to make mistakes or take advantage of weaker players increase. Companies make more dramatic gains and losses in recessions than in boom times, and those that make major gains are more likely to sustain them. The challenge is to anticipate where slowing momentum will hurt a business the most, then act to blunt the effect and position the company for a fast turnaround.
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