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The Risk of not investing in a recession

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      <subfield code="a">The Risk of not investing in a recession</subfield>
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      <subfield code="a">Managers who are struggling to make investment decisions during this recession may find it hard to take financial risks. Ghemawat argues that you must consider the competitive risks of not investing as well as the financial risks of investing. He tackles the problem of balancing financial and competitive risks when it becomes most difficult: at the bottom of the business cycle</subfield>
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