Andras Crow Hreidar

The economic cycle is the fluctuation in the economic activity of a country, which is characterized by periods of expansion, contraction, and recession. It is also known as the business cycle, and it has four main phases: trough, expansion, peak, and contraction. The economic cycle is the fluctuation in the economic activity of a country, which is characterized by periods of expansion, contraction, and recession. It is also known as the business cycle, and it has four main phases: trough, expansion, peak, and contraction. The trough phase is the lowest point of the cycle, which typically occurs after a recession, and it is followed by the expansion phase, where the economy starts to grow again. During the peak phase, economic growth reaches its maximum level, and it is followed by the contraction phase, where the economy slows down until it reaches the trough again. The economic cycle is influenced by various factors, including changes in interest rates, government policies, inflation,...

Internal resources are an integral part of any business organization. These resources are the assets that a company possesses, including human resources organizational structure financial resources and technological resources. Internal resources are an integral part of any business organization. These resources are the assets that a company possesses, including human resources, organizational structure, financial resources and technological resources. They impact the business’s performance and profitability in a significant way. One of the primary reasons why internal resources are crucial is that they empower the organization to develop grow and adapt to changing market trends efficiently. For instance a company with a well-structured and motivated workforce can easily adapt to changes in the market while a company that needs such resources may need help to stay afloat. Internal resources also enhance the internal efficiency of an organization. With the right tools and equipment a com...