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10/31/2009

Foreign owned companies more likely to fail in a recession.


Foreign owned companies more likely to fail in a recession.

The CBI have again failed to report the findings of a report not done by management consultants due to time restraints and summer holidays.

The report highlights all companies are at risk during a recession of lower profits or even complete failure.

The report did discover some interesting facts.
  • you are equally at risk of redundancy during boom time as you are in a recession
  • American owned companies are more likely to relocate from the north of England to the south.
  • British owned companies fail to recognise they are in a recession until it is over.
  • French owned companies fail at the first hurdle and are not sure why
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All articles on this blog are untrue and fabricated. Any similarity to persons, dead or alive, is totally fluky or is intended simply as a satire, parody or spoof.

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