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Business environment changes with boom-and-bust cycles. What are the key conditions for a company to survive through those cycles? A) Answer this question from the

Business environment changes with boom-and-bust cycles. What are the key conditions for a company to survive through those cycles? A) Answer this question from the business portfolio view (i.e., BCG matrix) and from the core competence view. B) Characterize a typical crisis during down cycles and explain how to minimize this crisis. In your explanation, use the terms, operating leverage and financial leverage

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