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Phases of the business cycle means?

Phases of business cycle means that at what stage of business cycle the business is currently is. These four phases are introduction, growth, maturity and recession and most of the companies of the world except wholesale businesses like australiawholesalers.com are passing through recession phase due to the current world economic crisis.


What influences business decisions?

Is it good for the company, today or in the long term - depending upon current priorities of the business.


How can one determine the variable cost when given the fixed cost in a business scenario?

To determine the variable cost in a business scenario when given the fixed cost, you can subtract the fixed cost from the total cost. Variable costs are expenses that change based on the level of production or sales, while fixed costs remain constant regardless of production levels. By subtracting the fixed cost from the total cost, you can isolate the variable cost component.


What is right or wrong moral or immoral in the business world?

When the business world focuses on greed and making the highest profit it can become immoral. By treating employers and customers right, the business world can be more moral.


Why is business analytics important?

Business analytics or BA is basically the study of old business practices so as that the mistakes of the past don't happen in future. In the present scenario four out of five enterprises believe and implement BA for their success. It is important as it enhances decision making and eventually leads to high profit earning.

Related Questions

What are the Advantages of the current scenario in the aviation industry?

What are the Advantages of the current scenario in the aviation industry?" What are the Advantages of the current scenario in the aviation industry?"


What is the importance to a growing business of human resource planning in an organisation?

it helps to a growing business because as HR mainly focus on the current scenario and develop it in the future.


What are the finance functions of a financial manager in current scenario?

what are the finance functions of a financial manager in current scenario?


Current scenario in aviation industry with reference to latest aircraft?

current scenario of the aviation industry with reference to latest aircraft


What is the difference between business scenario and test scenario?

Business scenarios speaks about all the positive ways a system behaves but never verifies whether the system will behave in that way or not. But, test scenario speaks about the verification of the business scenarios.


Note on Indian social values that are of great importance in today's business scenario?

Indian social values that are of great importance in today's business scenario


What is communication on and off the job and in the business world?

In the business world communication off job refers to the scenario whereby a given worker is not on job. On the other hand, communication on job refers to when a given worker is on duty.


What is Bill Gates current position?

he is world's god to business he is staying world's heart


Importance of communication in a business scenario?

Communication is important in every scenario. It is particularly important in business as miscommunication can cause a loss of revenue or employment. A business that runs smoothly will always have good communication behind it.


What is the Advantages disadvantages of current scenario in hospitality industry?

What_is_the_Advantages_disadvantages_of_current_scenario_in_hospitality_industry


What are the differences between past and current scenario in banking sector?

no


Current status of nanotechnology in Indian scenario?

ask the inians