Economic downturns

Reflect on the following questions in a minimum of 500 words.
Consider how the three competencies of this course might directly apply to your life and work environment when answering the questions below.
• Competency 1: Assess cash flow, valuation, and key performance indicators for financial growth and sustainability.
• Competency 2: Evaluate the effects of economic and market conditions on financial performance.
• Competency 3: Distinguish between sources, requirements, and risks associated with various types of long- and short-term financing capital
structure.
Question #1:
Provide an example of an economic recession impacting the financial performance of an industry of your choosing. Is it possible for an industry to perform well
during economic downturns? What components of a financial plan might differ depending on industry? How do you determine what to include when drafting a
financial plan for your organization?
Question #2:
What specific assignments or learning activities from this course did you find particularly beneficial? What do you feel could’ve improved or added to your
learning experience in this course?