BUSINESS HIGH SCHOOL

What is a business cycle the growth of a business?

Answers

Answer 1
Answer:

The four stages of an economic cycle—also known as a business cycle—are expansion, peak, contraction, and trough. Since 1950, the length of an economic cycle in the United States has generally ranged between five and a half years.

Businesses typically experience a risein sales or demand for their products as the economy grows. To fulfill this rise in demand, they will manufacture more goods and services. Businesses must increase production of goods and services, which necessitates hiring additional personnel.

Understanding business cycles is crucial for success while running a business. A business cycle is the measured expansion and contraction of economic growth over a given time period. It is also referred to as a trade or economic cycle. Business owners can make wise judgments if they have a thorough understanding of business cycles.

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Related Questions

Abby Cleaning Services planned to provide cleaning services to 50 customers for $30 per hour during the month. Each job was expected to take 4 hours. The company actually served 5 less customers than expected and spent an average on each job of 4.5 hours. What is Abby Cleaning Services Revenue for the month?
Safety stock is inventory held to guard against uncertainty. True or False
How is American history relivant to American economy?
Consider a perfectly competitive market described by the supply function P = 20 + 0.1Q and demand function P = 80 - 0.3Q. If the market is in equilibrium, then an individual firms total revenue (TR), average revenue (AR) and marginal revenue (MR) functions are:
Over the past month, National Bank has participated in several credit activities. Specifically, it has 1) processed loan payments 2) filed currency transaction reports 3) determined credit evaluation criteria 4) sent thank you letters. Which option correctly lists an activity that is covered by ECOA?

Leona enters into a contract with munchies bakery to cater a sales conference. when the conference is postponed indefinitely, leona asks a court to cancel the contract and return the parties to the positions that they held before its formation. this request involvesa. an action that the court cannot order.
b. specific performance.
c. an injunction.
d. rescission.

Answers

I guess the best option is letter D.

Leona enters into a contract with Munchies Bakery to cater a sales conference. When the conference is postponed indefinitely, Leona asks a court to cancel the contract and return the parties to the positions that they held before its formation. This request involves rescission.

A car dealer who does not have enough customers for a supply of new cars faces

Answers

I believe the answer is: Disequilibrium

Disequilibrium refers to a situation where there the curve between supply and demand is disorted to one side or the other.
This could happen in one of these two scenarios:

- The bussinesses provide more product supply more than the amount of customers' demand

or 

- They do not provide enough supply to meet overwhelming amount of demand
A car dealer who does not have enough customers for a supply of new cars faces disequilibrium. 

The federal act which provided over $7 billion to the EPA to protect and promote "green" jobs and a healthier environment is the - National Environmental Policy Act. - Resource Recovery Act.- Resource Conservation and Recovery Act.- American Recovery and Reinvestment Act. - Clean Air Act.

Answers

Resource Conservation and Recovery Act?

Final answer:

The American Recovery and Reinvestment Act is the federal act that provided over $7 billion to the EPA to create and sustain 'green' jobs and foster a healthier environment. It was signed into law in 2009 and contributed significantly to environmentally-focused efforts.

Explanation:

The federal act which provided over $7 billion to the EPA to promote 'green' jobs and a healthier environment is the American Recovery and Reinvestment Act. This Act was signed into law by President Obama in 2009, with the intent to create new jobs and save existing ones, spur economic activity and long-term growth, and foster unprecedented levels of accountability and transparency in government spending. A significant portion of the funds was allocated to environmentally-focused efforts, hence its contribution to 'green' jobs and the promotion of a healthier environment.

Learn more about American Recovery and Reinvestment Act here:

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Hailey, the head of the research and development team at an international cosmetics company, has been entrusted with the task of introducing a new range within its existing product line. Hailey visualizes how this move of introducing new variants could possibly impact the sales of existing products. She also gathers information on whether brand loyal customers would welcome such a move. She goes a step further to gauge the potential impact on total profits of the company and its stock valuation. In the context of the high levels of cognitive activity needed for strategic leadership, Hailey is ______.a. a transactional leader
b. a cautious leader
c. a systems thinker
d. a pessimistic leader

Answers

Answer: A systematic thinker

Explanation: A systematic thinker is the one who understands, how one step in a process would impact the complete system as a whole. The main focus of systematic thinker is to understand different parts of the system and to make them work together.

In the given case, Hailey is trying to analyzer the impact of new range introduction on existing business operations.

Hence, we can conclude that option C is correct.

In perfect competition, sellers have _____ control over price.no
complete
a lot of

Answers

The correct word to complete the sentence In perfect competition, sellers have ____ control over price.Iť is complete. While the other words may fit in the sentence, complete makes the most sense as the sellers are in perfect competition and want to get the most business with the lowest prices.
In perfect competition, sellers have COMPLETE control over price.

Depreciation is dependent on a number of estimates. When a change in an estimate is required, the change is made: Options in the current year. in the future year. to prior periods. Both a and b above.

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The answer would be : Both A and B above
When we change the estimation method of depreciation , we should change the depreciation calculation that we made in the past before we impose the new method, so we not underestimate or overestimate the Assets
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