Companies run to their own annual rhythms
Seasonality in firms, from budgeting cycles to bonus rounds
Seasonality is a big part of business. For some industries, seasonal patterns are a defining feature. Agriculture is one obvious example; tourism another. Western toymakers notch up a huge proportion of their annual sales in the run-up to Christmas. Construction is harder during cold weather, which is why that industry employs fewer people in the winter.
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This article appeared in the Business section of the print edition under the headline “A firm for all seasons”
Business January 20th 2024
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