Title: Explain a particular company's evolution through the phases of the business cycle.
Course: Opportunities in Global Trade, Advanced (12056-II) > Section: Analyzing Pricing and Payments in the International Marketing Plan

Explanation should include the four phases of the business cycle (i.e., prosperity, recession, depression, recovery) and cite examples that illustrate how the company was affected by each phase.

Process/Skill Questions:

- How does government attempt to affect business cycles?
- What is the role of consumer confidence in the economy?
- Which business cycle phase is the U.S. (or other selected country's) economy currently experiencing? What are the effects on business? On consumers?
- What is the effect on the global marketplace when a country’s economic situation stays in one cycle for a prolonged period?
- What can a country’s current stage of its business cycle tell you about the current condition of the country’s economy?