And while these countries are doing just fine as of now, the talks of an impending economic slowdown can’t be brushed aside.
Emerging economic superpower India too has had three successive quarters of slowdown.
This includes a recruitment embargo, laying off few of the existing employees, a temporary ban on buying new equipment, a limit on the expenses incurred on research & development, etc.
They understand that a knee jerk reaction most certainly won’t ensure that their business is going to be safe during the trying times.
ERP – silver lining for your business in dark clouds of slowdown
An Enterprise Resource Planning (ERP) software is one of the most effective tools that helps business organizations survive the testing period of economic slack.