2) How do we prepare going forward, when we have a downturn? If we cut back to reduce costs, do we then gear up again when we see demand growing?

2) How do we prepare going forward, when we have a downturn? If we cut back to reduce costs, do we then gear up again when we see demand growing?

At the time of economic downturns, the most important thing that a company’smanagement should keep in mind is that it is still heading in the right direction despitethe tough challenges that...