Due to the COVID-19 pandemic, the US economy is set to face another recession. Like what happened back in 2008, the Great Recession has taught industries several lessons. Based on the data from the last recession, some industries have thrived while some have experienced the worst impact of the economic recession. Since every industry is
Read MoreInventory turnover can determine whether a business is performing well or worse. To further define it, it is the rate of how fast a company buys and sells its products to its customers. It indicates an unfavorable scenario when a business has a low inventory turnover. It might mean that it has poor management that
Read MoreCompanies having a specific niche are considered to be a part of a vertical market. These companies provide specialized services for a specific market only. However, higher profits can still be expected since a narrower target market can result in producing marketing campaigns that are right on point and directed to the identified market. On
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