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Businesses whose fortunes are closely linked to the rate of economic growth called _____
  • a)
    Cyclical business
  • b)
    Capital good business
  • c)
    Both ‘a’ and ‘b’
  • d)
    None of the above
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Businesses whose fortunes are closely linked to the rate of economic g...
A cyclical company is a business whose success is determined by the economy. whereas economic activity follows a cycle of fluctuations is known as business cycle and also the share price of cyclical company is closely linked with this..
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Businesses whose fortunes are closely linked to the rate of economic g...
A) Cyclical business
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Businesses whose fortunes are closely linked to the rate of economic growth called _____a)Cyclical businessb)Capital good businessc)Both ‘a’ and ‘b’d)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
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