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In general, the business cycle is said to go through expansion, then the peak, followed by contraction, and then it finally bottoms out with the trough.
Managerial business processes are semidynamic, semiroutine, monthly business processes, such as resource allocation, sales strategy, or manufacturing process improvements. References Multiple Choice Diï¬culty: 1 Easy What are managerial business processes? dynamic, nonroutine, long-term business processes such as Fnancial planning, expansion strategies, and stakeholder interactions semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes All of these ...