This project is concerned with the strategic responses
made by a small but varied sample of businesses in
response to stringent economic conditions resulting from
economic recession. The specific aims of the project
were to:
• obtain a perspective of how businesses of various
types saw the recession in terms of length and depth
• understand the impact of recession on the businesses
and the actions they took in the short/medium term to
deal with the challenges of recession
• obtain a view as to how businesses might plan to
change their business strategies to deal with the
impacts of the recession
• consider any management and financial management
implications which ensued.
