Description: CEOs don’t want to increase employment until they know the recovery is real—and it won’t be until they hire.
Source: Businessweek.com
Date: 01/13/2011
Link: http://www.businessweek.com/magazine/content/11_04/b4212022530815.htm
Questions for discussion:
- Summarize the reasons for the reluctance of businesses to hire more employees?
- How does this decision affect cash flow and budgets?
- How does this decision affect financial statements?
- What would trigger a change in attitude towards increasing hiring?
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