What do you understand by the concept “the business cycle”
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What do you understand by the concept “the business cycle”
In my opinion,it is reduced inventory,reduced inventory risk and management costs.Finished goods inventory held by businesses,to the additional management fees,expenses such as storage and insurance costs; the contrary,holders of accounts receivable business,you do not need the above-mentioned expenses.Therefore,when the finished goods inventory business more generally can be a more favorable credit terms to credit,the inventory into accounts receivable to reduce finished goods inventory,conservation-related expenses
What do you understand by the concept “the business cycle”
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