business cycle

Examples of business cycle in the following topics:

• The Business Cycle

  • Just before 2008, the business cycle peaked, and the economy began to contract.
  • The term business cycle (or economic cycle) refers to economy-wide fluctuations in production or economic activity over several months or years.
  • Business cycles are composed of two phases and two turning points.
  • However, some economists use the phrase "business cycle" as a convenient shorthand.
  • Summarize the phases and turning points inherent in the business cycle

• Reasons for entering international markets

  • A study by Baker and Kynak, for example, found that less than 20 per cent of firms in Texas with export potential actually carried out business in international markets.

• Working capital analyses

  • Working capital is commonly defined as the funds a business needs to support its normal operations.
  • In some ways, a working capital analysis is similar to a cash flow forecast, but it differs in its focus on the operating cycle of the business.
  • Quoting from the website Entrepreneur.com, "the operating cycle analyzes the accounts receivable, inventory and accounts payable cycles in terms of days.
  • "Most businesses cannot finance the operating cycle (accounts receivable days + inventory days) with accounts payable financing alone.
  • Revenue below the breakeven point means the business is losing money and revenue above the breakeven point means the business is profitable.

• Application of Knowledge

  • A business game (also called business simulation game) refers to a simulation game that is used as an educational tool for teaching business.
  • The team or supply chain which turns up with the least total costs when played over 12-15 cycles is the winner.
  • Business games (also called business simulation game) refer to simulation games that are used as an educational tool for teaching business.
  • Simulation gaming needs to be seen as contrived experiences in the learning cycle, which require special attention at the stages of reflection and generalization.
  • Business game (also called business simulation game) refers to simulation games that are used as an educational tool for teaching business.

• The Accounting Cycle

  • The accounting cycle includes analysis of transactions, transferring journal entries into a general ledger, revenue, and expense closed.
  • Most of the time these documents are external to the business, however, they can also be internal documents, such as inter-office sales.
  • Outline the accounting cycle from point of transaction to financial statements

• Benefits of a Small Organization

  • Adapting to change is crucial in business and particularly small business; not being tied to any bureaucratic inertia, it is typically easier to respond to the marketplace quickly.
  • Another strength comes from the involvement of highly skilled personnel in all aspects of a startup business.
  • Independence is another advantage of owning a small business.
  • Freedom to operate independently is a reward for small business owners.
  • Additionally, the startup cycle of initial financing can be daunting, and entrepreneurs have to act responsibly and intelligently so as not to end up in the "Valley of Death. " Several organizations in the United States provide help for the small business sector, such as the Internal Revenue Service's Small Business and Self-Employed One-Stop Resource.

• The bottom line

  • Future-proofing products involves working to insulate products and services from risk and uncertainty by eliminating waste in all phases of a product's life-cycle to: (1) avoid rises in raw material costs, (2) reduce the chances of bad publicity, and (3) prepare for coming changes in environmental legislation.

• Does leasing always close the manufacturing loop?

  • Both of these practices can break the closed-loop cycle needed for leasing to provide its benefits.

• Marketing Information Systems

  • It involves them in scanning newspaper trade magazines, business journals and reports, economic forecasts and other media.
  • To manage a business well is to manage its future and this means that management of information, in the form of a company wide"Management Information System" (MIS) of which the MkIS is an integral part, is an indispensable resource to be carefully managed just like any other resource that the organization may have e.g., human resources, productive resources, transport resources and financial resources.
  • Cycle of Research and Development, from "Research and Evaluation on Education in Science and Engineering (REESE), Program Solicitation NSF 09-601"

• Using a Product Life Cycle Framework

  • Product life-cycle predictions are dependent upon controllable and uncontrollable factors.
  • The five stages of the product life cycle and their components can be defined as follows: