During the economic downturn, the sales revenue of enterprises generally declined, and the net profit declined. But why did some enterprises go bankrupt, while others survived?

When the economy goes down, not all enterprises will benefit from the loss of profits and income.

First of all, it is related to the industry. Some emerging industries are developing in a good direction even during the economic downturn.

Second, it is related to the development stage of the enterprise, which may be in the growth stage. Although the economic recession has a bad influence on the growth of enterprises, enterprises are still growing.

Third, it is related to the ability of different enterprises to withstand economic pressure and adapt to the economic environment. Some enterprises have done their basic homework well and the economy is going down. Their competitors are all dead, but they are not. ; There is also the strategy adopted, some enterprises take strategic hibernation measures, or change careers, and so on. There are many factors.