Friday, December 10, 2010

Pulling out of a crisis

BookValue
Business in Crisis
C. Vasanta Madhavi
( http://www.taxmann.com/)

Symptoms of a crisis

The problem with a crisis is that it does not come with a name tag round its neck. But you may be able to sense it from the many giveaway symptoms, as listed by C. Vasanta Madhavi in ‘ Business in Crisis'. For instance, sales go down, demand declines, prices go up, costs rise, unemployment increases, stock market becomes bearish, inflation seems to fall though not leading to a price fall, companies start reporting losses, production plummets, sectors begin negating the predicted trends, currency depreciates, cross-border trade tumbles and investments take a plunge.


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