All of this, in turn, speaks to the importance of implementing the management principles we learned in college or as management trainees: the importance of segregating certain duties; limiting an individual's span of control; establishing written policies and procedures; and providing accurate and timely information to an organization's senior management and directors and to its creditors and shareholders, as well.
Business fixed investment, however, has been decreasing significantly partly because of financial constraints, and housing investment has declined further. Private consumption has not yet shown a recovery despite the special income tax reduction. Against this background of weak final demand, production has been reduced substantially.