You are on page 1of 1

1. What is business cycle ?

The business cycle is also known as the economic cycle or trade cycle. In simple
terms, the business cycle can be interpreted as a series of economic conditions that
occur repeatedly, constantly, and regularly in a certain period. Although repetitive,
the length of the business cycle cannot be predicted or determined with certainty.
The variable used as a measure of the business cycle is the real Gross Domestic
Product (GDP) growth rate.

2. What benefits can business have when he knows the business cycle of his
business ?
we can know and analyze the business depend on the background then develop it
well. Then can put this current business in a better perspective business.

3. What month of the year the best to open a business


In my opinion, all months are good, but in doing business we have to prepare
carefully such as material readiness, employees, business locations, and see what many
people need.

You might also like