In this Module, you''re going to think about cycles in your reference organization - predictable changes over time in key indicators of the organization’s performance - and how sensitive you think the organization is business cycles. For the Module 5’s Project, please read the Summary of Current Economic Conditions in the most recent issue of the Fed’s Beige Book. http://federalreserve.gov/FOMC/BeigeBook/2007 Please address the following questions in a 2 to 4-page MS Word document. 1. Are there any predictable performance cycles for your organization? If so, what are the periods over which its cycle waxes and wanes? How sensitive do you think your organization is to expansions (upswings) and contractions (downswings or recessions)? Explain. If it is not sensitive, then explain why it is stable as the economy moves up and down. 2. How do you think your organization will adjust to, or cope with, conditions summarized in the Fed’s Beige Book. Please be specific about the economic conditions that might affect your company’s outlook. Does your organization have strategies for coping with these conditions?