A business cycle is defined by fluctuations in economic activity that an economy experiences over a period of time. An average cycle lasts roughly 70 months with an average growth period of approximately 60 months and an average period of decline of about 11 months.Continue Reading
A business cycle can also be defined as a period of recession and expansion. Phases of business cycles are peak, contraction, trough and recovery. During periods of expansion and growth in a business cycle, the economy is experiencing growth that doesn't account for inflation. Indicators of growth include increased industrial manufacturing, job growth, increased individual income and growth in sales. The opposite occurs during periods of recession.
The overall growth of an economy is measured from the lowest point of the previous business cycle while decline is measured from the highest point of the last cycle. Understanding of the business cycle can be used to strategically time an investment profile. Cyclical stocks tend to perform better during periods of early expansion while defensive groups usually perform better in times of recession.
A private non-partisan, non-profit organization known as the National Bureau of Economic Research is the entity that determines when a business cycle begins and ends.Learn more about Business Resources
Wikipedia explains that generic cost-benefit analysis reports include various elements, such as a list of alternative projects or programs, a stakeholder list, uniform measurements and the measurement of costs and benefits, a prediction of outcomes over a relevant period of time, the conversion of money value into a currency, the application of the discount rate and a calculated net present value. It should also include a sensitivity analysis and recommendation.Full Answer >
Business aims or objectives establish goals that companies wish to achieve during a set period of time, which include sales targets, profits, growth predictions and market shares. The targets set by companies help with planning and allow individuals within organizations to break up their tasks in the most efficient manner to help reach a common end goal.Full Answer >
People with significant vitamin D deficiency benefit from vitamin D in dosages as significant as 50,000 IU each week for a short period of time, but doctors recommend a lower dosage over a longer period of time, notes U.S. News. Short weekly regimens with 50,000 IU dosage don't cause toxicity.Full Answer >
Small business may be reluctant to use an outside payroll service include the because of the high cost, difficulty in accessing employee records, security concerns and delayed correction time. While using an outside payroll service may seem like a good business decision on paper, a small business should weigh the pros and cons before signing a contract with a company.Full Answer >