It is believed that marketers need to reevaluate their strategies and concentrate on their most promising products during the _____ stage of the business cycle.

Question

Quizplus · Accepted Answer

During the recession stage of the business cycle, businesses often need to reevaluate their strategies to ensure survival and sustainability. Concentrating on the most promising products can help a company maintain revenue and prepare for eventual recovery, as consumer spending is typically reduced during a recession.

It Is Believed That Marketers Need to Reevaluate Their Strategies