More companies are likely to go out of business during economic recession or slowdown than in a time of discontinuous change and changing standards.

Question

Quizplus · Accepted Answer

Discontinuous change and changing standards often create opportunities for businesses to innovate and adapt, allowing them to compete and survive. Economic recession or slowdown, on the other hand, can lead to decreased demand and financial strain, causing more companies to go out of business.

More Companies Are Likely to Go Out of Business During