The peak of the business cycle occurs when?
2 answers
It refers to the last month before Gross Domestic Product (GDP), measured by things like employment and housing starts, declines.
Describe two criteria used to assess a market's potential for a new product. Based on these criteria, what are the steps the managers of a global company will need to take in order to decide whether a foreign market is a viable
market in which to introduce a new product?
market in which to introduce a new product?