Major companies are taking a conservative approach as the economy is taking a rapid downturn, by shrinking investments and production to cope with the surging inflation, high exchange rates and interest rates, according to company officials, Sunday. Major domestic companies have entered emergency management amid the worsening economic situation. On Sept. 29, LG held an offline CEO workshop for the first time in three years to discuss mid- to long-term management strategies. Samsung also discussed current economic issues through a meeting of CEOs on Sept. 26, while SK is scheduled to hold a “CEO seminar” this month.