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    Economic Condition: advice to managers of businesses

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    Can someone help with the below question?

    From your understanding of the current economic crisis facing the United States and the entire global community, what advice do you think should be given to the managers of businesses as they seek to restore profitability to their businesses and stability to the economy?

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    Solution Preview

    All segments of the economy are involved in the financial crisis we are working through, but much of the headlines discuss situations as they relate to individuals: home mortgage defaults, high unemployment, spending and savings habits, but the truth is those concepts can be equally applied to business.

    For businesses, managers and owners would do well ...

    Solution Summary

    The solution provides a list of 13 activities businesses might consider in these tough economic times.