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add your references Critical thinking. Using the Situation, Task, Actions, Results (STAR) approach, critically discuss the following questions. The changes in the natures and forms
add your references Critical thinking. Using the Situation, Task, Actions, Results (STAR) approach, critically discuss the following questions. The changes in the natures and forms of competitions, macroeconomic conditions, fiscal policy and monetary policy tools (instruments) affect the performance of companies. Using Yahoo, Inc utilize (demonstrate) your critical thinking skills in your discussion and analysis of the following questions. Business cycles lead to fluctuations of macroeconomic indicators, and hence they have impacts on the performance of firms. Suppose the economy is under recessionary pressure. The uncertainty about the future causes households to increase their saving and reduce their consumption. In another situation, suppose the household saves little and spends most of its income on current consumption. 1. How does a company prepare to weather the ups and downs of the business cycles? 2. How will the situations that influence household spending behavior affect the company you selected for research? 3. How can the company plan to deal with the economic decline and decrease in household spending to be profitable on a sustainable basis
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