Thriving in the Eye of the Storm The global economic downturn has caused business failures, layoffs and, consequently, shrinking demand. As governments worldwide battle the crisis, businesses are bracing themselves for an even more challenging year ahead. But the best firms will aim not just to survive but to emerge more competitive for the eventual recovery. We examine some of the novel strategies they will use to achieve this.
Bargain Hunting Amidst the economic gloom, both consumers and businesses are reviving
the ancient art of haggling to get what they want at the price they can
afford. Businesses are jumping on the bandwagon to quietly offer better
prices and freebies to customers who demand more value. And in
business to business dealings, there is no better time to hone those
negotiation skills.
