Business Cycle

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    The Expenditure Cycle

    I am going to describe the testing for control over the expenditure cycle. The expenditure cycle starts with the purchase requisition. The department in need of the service or assets sends a properly approved, serially numbered requisition to the purchasing department. The risk associated with the purchase requisition is that anyone could potentially make a purchase requisition order for any kind of amount. Therefore, to mitigate a risk associated with the purchase requisition, it is very important

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    The Product Life Cycle and Customer Life Cycle

    The Product Life Cycle A product's life cycle (PLC) can be divided into several stages characterized by the revenue generated by the product. If a curve is drawn showing product revenue over time, it may take one of many different shapes, an example of which is shown below: Product Life Cycle Curve The life cycle concept may apply to a brand or to a category of product. Its duration may be as short as a few months for a fad item or a century or more for product categories such as the gasoline-powered

    Words: 2583 - Pages: 11

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    Carbon Cycle

    to explore the carbon cycle and the ways in which humans impact it and how these impacts in turn may impact global climate. The objectives of this activity are as follows. 1. To identify the main components of the carbon cycle and how they interact 2. To identify how increased fossil fuel emissions impact the carbon cycle 3. To gain an understanding of how human factors impact atmospheric CO2 4. To identify the impacts of different inputs to the carbon cycle on atmospheric CO2 concentrations

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    Life Cycle

    System Development Life Cycle This paper will begin with discussing the development of a custom application and the selection of proprietary systems. The system development life cycle has evolved over the years in response to changing scenarios and pattern shifts pertaining to the building or the inquiring of new software. The Life-Cycle has also gone through iterations of different names and a number of different steps (McMurtrey, 2013). The SDLC has been called one of the two dominant system

    Words: 369 - Pages: 2

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    Carbon Cycle

    Carbon dioxide is the greenhouse gas climate experts are most concerned about because the increase in human-related CO2 emissions since the industrial revolution is now linked to the current global warming trend. As this resource illustrates, carbon cycles through the environment and often changes its molecular form. Some types of carbon molecules remain unchanged, or sequestered, in the environment for long periods of time. The diagram shows these figures in black. For example, more than 1,500 billion

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    The Water Cycle

    The Water Cycle BY Anissa Chambers Student ID: L23254780 Presented to Dr. Travis Bradshaw In partial fulfillment of the requirements of Elements of Earth Science PHSC 210 Liberty Baptist Theological Seminary Lynchburg, VA July 15, 2013 The Water Cycle or the hydrologic cycle is an amazing system that God has put in place to maintain the of the earth’s most important resource, water. There is nothing on earth that does not require water to survive in some way or fashion and without it there

    Words: 1167 - Pages: 5

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    Purchasing Cycle

    IV. Purchasing Cycle Ordering materials, supplies and services The Purchasing Group is responsible for receiving Purchase Order request forms from different departments. Usually, the majority of orders come from Planning Department because they use JIT inventory system to schedule production runs. Once the order request is approved by upper management, the purchaser will choose a vendor and decide if a Purchase Order (PO) is needed. Practically, PO will not be required for minor purchases that

    Words: 476 - Pages: 2

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    Accounting Cycle

    Overall Accounting Cycle Hannah Tran ACC/421 November 11, 2013 Overall Accounting Cycle Maintaining a set of accounting records is not optional, especially for large companies or whomever needs to go through financial audits. These accounting records are done through-out what it is called an accounting cycle. An accounting cycle is a set of procedures to record transactions and prepare financial statements (Kieso, Weygandt, & Warfield, 2012). This is also to ensure the accuracy and

    Words: 1126 - Pages: 5

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    Accounting Cycle

    The Accounting Cycle The Accounting cycle of a business require a set of steps to that keep a record of events and transactions that happens during an appointed time span. The time span typically last a month. The accounting clerk usually performs a multitude of task within an accounting cycle. Such as, general clerical duties, accounting and bookkeeping functions, and process account payables and receivables as needed. (Winthrop). The accounting departments create a chart with accounts and

    Words: 919 - Pages: 4

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    Business Cycle

    Revenue Cycle Sales order entry The revenue cycle begins with the sales order entry. Web sites provide a way to automate sales order entry. This improves efficiency and reduce cost by company can employ fewer staff. Another way to improve the sales order entry process involves using electronic data interchange (EDI) to link directly with customers. With EDI, retail stores would send their orders directly to sales order system; it can reduce the need for data entry. Retailers can save money; manufacturers

    Words: 727 - Pages: 3

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    Classical Business Cycle Analysis

    Chapter 10 Classical Business Cycle Analysis: Market-Clearing Macroeconomics Goals of Chapter 10 A) Use the IS-LM model with rapidly adjusting wages and prices to present the classical model B) Examine the relationship between money and the business cycle I.   Business Cycles in the Classical Model (Sec. 10.1) A) The real business cycle theory 1. Two key questions about business cycles a. What are the underlying economic causes? b. What should government policymakers do about them

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    Analysis of a Business Cycle

    Assignment 4: Analysis of the Business Cycle April Hammer Strayer University Online Assignment 4: Analysis of the Business Cycle Introduction 1. The Current Economic Conditions Microeconomics is a social science that deals with the behaviors of individual consumers, firms and industries. It is an analysis of certain firms, individuals and households’ decision making processes as well as behaviors that affect how resources are allocated (EconGuru Economics Guide, 2006). Where

    Words: 1089 - Pages: 5

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    Hydrologic Cycle

    The Hydrologic Cycle Cindy Hamilton EVS1001-12 Everest University Seventy-five of our planet’s surfaces are water. Water makes up most of the volume of plants and animals. It is in the air as rain, steam, fog and snow. Only three percent of the earth’s water is available to us as fresh water. Fortunately, water is a renewable resource. It is recycled. It moves in perpetual motion from land to air then back to land. That’s the whole idea behind the hydrologic cycle. Evaporation, transpiration

    Words: 426 - Pages: 2

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    Accounting Cycle

    Accounting Cycle Description Paper Riordan Manufacture Inc. Accounting Process Team C Acc. /340 Cito Vanegas July 29, 2014 Introduction Riordan Manufacturing Inc. is a leader in their industry which is plastic injection molding. This company could not manually accounting due to the company's wide span corporation. Manually is very time consuming and it is tedious for the high production that Riordan does and services. Riordan Manufacture need to use computer software program to do all Riordan

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    Business Cycle: Theory and Empirical Applications Country of Interest: Netherlands

    University of Frankfurt am Main Bachelor Seminar Business Cycle: Theory and Empirical Applications Country of interest: Netherlands Teacher: Prof. Ctirad Slavik Summer Semester 2013 Yisong Dong Student ID: 3903447 June 17.2013 Contents 1. Introduction……………………………………………………………………3 2. Data Work………………………...…………………………………………...3 2.1 2.2 2.3 2.4 2.5 Data……………………………………………………………………3 Detrending the data with Hodrick-Prescott Filter………………..……4 Basic Statistics for the detrended data………………………………...7

    Words: 3420 - Pages: 14

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    Accounting Cycle

    Financial Accounting Case on accounting cycle Bharat Gupta promotes Bharat Traders, his proprietary firm, to start the business of trading in product X on 1st April, 2009. He hires an office at A-12, Agarwal Complex , Vikas Marg, Delhi-110092 @ Rs. 2,500 p.m.. The following are the details of the transactions entered into by the firm during month of April . Record the transactions in the Journal and classify them into Ledger and summarize the balance into Trial Balance. 2009 Amt. Rs.

    Words: 372 - Pages: 2

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    Revenue Cycle

    Accounting Information Systems Lecture 4 Transaction Cycles: The Revenue Cycle 1 The Conceptual System The Revenue Cycle The revenue cycle is the set of activities in a business which brings about the exchange of goods or services with customers for cash. Most business transactions are conducted on a credit basis. Cash is received after goods are shipped to the customer. 2 Sales Order 1 Credit / Customer Service 2 REVENUE CYCLE (SUBSYSTEM) Cash Receipts/ Collections 6 Shipping

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    Accounting Cycle

    11/17/2013 The Accounting Cycle AC114 Accounting has three basic activities; it identifies, records, and communicates the numbers to the interested parties of the company. The internal users who rely on accounting information are the people who plan, organize, and run the business. The most common external users that rely on the accounting information are investors and creditors, because neither of the two would invest into a business with inaccurate accounting information. To ensure accuracy

    Words: 799 - Pages: 4

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    Cycle House

    hiking, running, cycling, cell phones, personal travel assistants, laptops, PDA’s, etc. They have two bike GPS systems: Edge™ 205 and Edge™ 305. They both have the following features: easy installation, high-sensitivity GPS receiver, customizable cycle computer, ability to race virtual competitors, ability to race against recorded course, automatic pause, automatic lap, software for creating workouts, managing and downloading courses, and creating a detailed post-ride analysis that charts your performance

    Words: 7530 - Pages: 31

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    Analysis of the Business Cycle

    Analysis of the Business Cycle Tamika Williams Professor Amiel Managerial Economics & Globalization March 15, 2011 Strayer University ABSTRACT The purpose of this paper is to take an economical and statistical look of where the economy is headed for the next coming years. Review the outcome of the economy over the past three years and what direction it’s going. Based on this review, it will show the current state of the economy and the impact to the Oligopolist in terms of prospects

    Words: 1184 - Pages: 5

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    Business Cycle

    CAUSES OF BUSINESS CYCLES Internal Factors: 1. Consumption : When consumer spending increases, businesses will increase production- causing them to hire more workers and purchase more materials and capital goods. When consumer spending decreases, the opposite will occur. 2. Business investment : The purchasing of capital goods increases the number of jobs in the economy because people have to make those goods. If investments increases, the economy will grow, if investment decreases, the

    Words: 566 - Pages: 3

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    Business Cycle

    Definition The term ‘cycle’ means the recurrent variations in time series that usually last longer than a year and regular, neither in amplitude nor in length. The term ‘business cycle’ refers to economy-wide fluctuations in production or economic activity over several months or years. These fluctuations occur around a long-term growth trend, and typically involve shifts over time between periods of relatively rapid economic growth (expansion or boom), and periods of relative stagnation or decline

    Words: 751 - Pages: 4

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    Revenue Cycle

    REVENUE CYCLE: SALES TO CASH COLLECTIONS ------------------------------------------------- DEFINITION OF REVENUE CYCLE The recurring set of business activities and data processing operations associated with: * Provides goods and services to customers * Collects cash in payment for those sales Primary Objective: * Provide the right product * In the right place * At the right time for the right price ------------------------------------------------- BASIC REVENUE

    Words: 4961 - Pages: 20

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    The Business Cycle

    The Business Cycle The Business Cycle, is what caught Norma’s attention during the Week 4 chapter readings. Business cycles are the ups and downs of economic activity that can take place over several months or sometimes years (McConnell et al., 2009) No one business cycle is exactly the same in terms of their length and intensity. However, all cycles experience the same four phases: peak, recession, trough, and expansion (McConnell et al., 2009). The peak of the business cycle is where “the economy

    Words: 314 - Pages: 2

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    Accounting Cycle

    Accounting Cycle Yesenia Arroyo AC114 June 24, 2014 Dr. Tonjua McCullough Accounting Cycle I. Introduction II. Accounting in Action a. Identify b. Record c. Communicate III. Accounting Cycle d. Analyze Transactions e. Journalize the Transactions f. Post to Ledger Accounts g. Prepare a Unadjusted Trial Balance h. Journalize and Post Adjusting Entries i. Prepare an Adjusted Trial Balance j. Prepare Financial Statement

    Words: 834 - Pages: 4

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    Nitrogen Cycle

    SC4730 Environmental Science Analysis 2 Nitrogen cycle Nitrogen exists in nature in many different forms, from molecular nitrogen in gaseous to the complex organic compounds in the body of plants, animals and humans. In an organism, Nitrogen exists in the form of organic compounds such as proteins, amino acids. When the microorganisms die, the amount of nitrogen exists in soil. Under the action of the group saprophytic microorganisms, proteins are degraded to amino acids. The amino acid to be

    Words: 810 - Pages: 4

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    Financial Intermediation and Credit Policy in Business Cycles

    Financial Intermediation and Credit Policy in Business Cycle Analysis∗ 1 Introduction To motivate interest in a paper on financial factors in business fluctuations it use to be necessary to appeal either to the Great Depression or to the experiences of many emerging market economies. This is no longer necessary. Over the past few years the United States and much of the industrialized world have experienced the worst financial crisis of the post-war. The global recession that has followed

    Words: 10599 - Pages: 43

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    Business Cycle

    ).Besides there were evident weaknesses with the financial system at that time which are believed to have contributed to the near collapse of the stock markets. Some of the weaknesses may have included policy errors by the federal reserves, risky business models of banks, over optimism of the investors and so on. These factors are believed to have blinded economists from detecting what could go wrong. Lancaster outlines that during the 1920s stock markets had undergone a rapid expansion period reaching

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    The Marketing Strategies Based on Business Cycles.

    operate around certain business cycles. A business cycle refers to various trends that occur within a business or industry, such as growth or contraction. Often times, management decisions are impacted by where the company stands in reference to a particular cycle. Macro business cycles such as the general state of the economy also play an important role in management decisions. When the economy is in a cycle of retraction, management will act conservatively, whereas in a cycle of expansion, management

    Words: 980 - Pages: 4

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    How Do Gross Domestic Product, the Employment Rate, and the Inflation Rate Relate to the Business Cycle? Why Is It Difficult to Predict Changes in the Business Cycle?

    Economic contractions, troughs, expansions and peaks are unpredictable phases of economic activity referred to as economic business cycles. The gross domestic product, or GDP, is the total market value of goods and services the country produces. As the economy goes through business cycle changes, these positively or negatively affect the GDP. Economic Contraction During a contraction, economic output slows, usually due to decreased demand for products and services, an increase in the cost of

    Words: 471 - Pages: 2

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    The Greed Cycle

    Article Review: - The Greed Cycle, by John Cassidy The article by Thomas Cassidy, points out the instrumental role that greed plays in the modern corporation. Modern Economists have always seen greed as not only a necessary element in the corporate environment, but as also a vital part of the successful evolution of a public company. As the article points out, “Economists from Adam Smith to Milton Friedman have seen greed as an inevitable and, in some ways, desirable feature of capitalism. In

    Words: 824 - Pages: 4

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    Deming Cycle

    The Deming Cycle also PDCA or Shewharts Cycle is a management model in four steps implemented by companies to improve their business and solve problems. Graphically it is represented as a circle as implementation requires repetition of the same process over and over again to achieve results. The circles four components are plan-act-do-check. In planning for an improvement, the goal is agreeing on what needs to be done and how it should be done. This stage involves examination of examination of work

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    Describe the Terminology of Macroeconomics Including Gdp, Gnp, National Income Business Cycles, Monetary Policy, Fiscal Policy, Inflation and Unemployment

    Name Institution Instructor Title   Describe the terminology of macroeconomics including GDP, GNP, national income business cycles, monetary policy, fiscal policy, inflation and unemployment Macroeconomics is a broad sub-field of economics that establishes the behavior, outlook and structure, collective and established decision making system of an economy at large and usually involves national economies, regional and global economies with little or no involvement of the individual markets

    Words: 1224 - Pages: 5

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    Cycles

    Cash Receipts Cycle Upon the due date, the company collects payment from its clients usually they pick-up the payment every Friday. However, there are instances of special arrangements for collection for specified day of the week. The collector or messenger collects the payment from its clients and issues a duplicated copy of official receipts. The original is given to the clients as its copy. Before the end of the same banking day, the collector/messenger goes to their depository bank, prepares

    Words: 1077 - Pages: 5

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    The Accounting Cycle

    Accounting Cycle Description Paper Team A ACC/340 Accounting Cycle Description Paper The payroll processing cycle is very time consuming and tedious when done manually. Therefore, the ‘Mom and Pop’s Grocery Store’ has elected to integrate its payroll with a computer software program. With this implementation the payroll process will be more efficient and effective. This paper will explain how the payroll processing cycle for ‘Mom and Pop’s Grocery Store’ integrates onto an enterprise-wide

    Words: 1489 - Pages: 6

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    Economic Cycles

    stages of a business cycle: Prosperity, recession, depression, and recovery. Economists believe that the last economic depression experienced in the United States and throughout the world occurred in the 1930s. Though the current international developments’, such as increases in sovereign debt and inability to repay loans as with Greece, Spain and Italy stimulated from these countries socialist economic policies could prove to institute another global depression. [pic] Economic Cycles This picture

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    Accounting Cycle

    Accounting Cycle   Accounting Cycle For all types of businesses, transactions take place. Transactions vary from such things as sales, expenses, wages, purchases, and receivables. These transactions are maintained in various journals and ledgers and tell the financial story of the business. The process of maintaining this financial story is called the Accounting Cycle. Evaluation There are ten steps involved in completing the accounting cycle. They are as follows: “(1) Transactions are

    Words: 775 - Pages: 4

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    Cycle of Life

    Life Cycle A product life cycle is a cycle that all products go through from introduction through demise and possible rebirth. There are five stages to the product life cycle: embryo, growth, maturity, decline, and although rare, rebirth. Each of the five stages is a mixture of product, pricing, distribution and promotion. The embryo stage aka introduction stage of the product life cycle is where a new product is launched into market. During this stage there is heavy marketing, product

    Words: 696 - Pages: 3

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    Life Cycle

    Chapter 2 Exercise 3 The software development life cycle (SDLC) is the entire process of formal, logical steps taken to develop a software product. Within the broader context of Application Lifecycle Management (ALM), the SDLC is basically the part of process in which coding/programming is applied to the problem being solved by the existing or planned application. The SDLC is broken down into six stages; project planning, requirements definition, design, development, integration/test, and application/acceptance

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    Casve Cycle

    Smith 1 David Cornell Smith Professor Einstein CASVE Cycle Assignment April 17, 2016 Smith 2 Throughout the semester, I have learned more about myself as a person in the business field. I began this class with high intentions to learn more about management, I truly was happy that I enroll in this class. I was concerned about working in groups in the beginning of the semester, this was a major key of success in this class. I didn’t want anyone who slacked in getting assignments done

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    The Greed Cycle

    The article “The Greed Cycle” is an in depth look of the advancements in the ways business compensates its heads of industry. The article links the trend of corruption among executives when there was lax regulation, and methods of fixing numbers. The question that is purposed by the article is if greed comes naturally; or if it is an evolution that corporate America creates. It is true that the creation of Sarbanes-Oxley has significantly prevented the events that occurred regarding CEOs and the

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    Analysis of the Business Cycle

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    Analysis of the Business Cycle and Its Impact on Economic Indicators

    Analysis of the Business Cycle and its Impact on Economic Indicators Olufunmilayo Ogutuga Economics For Managers ECON 550 Professor Saad Khalil December 10, 2011 | | Abstract It is no surprise that the economy of The United States of America is going through a cyclical peak. During the various business cycles, economic indicators revealed how the economy is doing

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    Analysis of the Business Cycle

    provider of communications services. The Company has two segments: Domestic Wireless and Wireline. Its domestic wireless communication products and services include wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the US. Wireless communications products and services include voice, Internet access, broadband video and data, Internet protocol network services, network access, long distance and other services (Reuters, 2011)

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    Analysis of the Business Cycle

    Analysis of the Business Cycle Professor Amiel Managerial Economics & Globalization March 15, 2011 Strayer University ABSTRACT The purpose of this paper is to take an economical and statistical look of where the economy is headed for the next coming years. Review the outcome of the economy over the past three years and what direction it’s going. Based on this review, it will show the current state of the economy and the impact to the Oligopolist in terms of prospects for higher sales and

    Words: 1181 - Pages: 5

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    Accounting Cycle

    Accounting Cycle ACC/421 July 26, 2011 Jana Howie Accounting Cycle Accounting cycle is “the name given to the collective process of recording and processing the accounting events of a company. The series of steps begin when a transaction occurs and end with its inclusion in the financial statements” (Investopedia, 2011). The basic eight steps of the accounting cycle will be explained and described in this paper. Identifying and Recording These first steps are associated with

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    Tourism Cycle

    THE TOURISM LIFE CYCLE: AN OVERVIEW OF THE CRETAN CASE Dr Konstantinos Andriotis 1 Hellenic Open University, Greece. Abstract: The increasing demand of international tourists for holidays has resulted in a rapidly increase of the number of tourist destinations. To explain destinations development the life cycle approach has been widely adopted. According to Butler (1980) destinations pass through a predictable sequence of six stages. These stages are: exploration, involvement, development, consolidation

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    The Deming Cycle

    The Deming Cycle By Paul Arveson W. Edwards Deming in the 1950's proposed that business processes should be analyzed and measured to identify sources of variations that cause products to deviate from customer requirements. He recommended that business processes be placed in a continuous feedback loop so that managers can identify and change the parts of the process that need improvements. As a teacher, Deming created a (rather oversimplified) diagram to illustrate this continuous process, commonly

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    Business Cycle

    In general the economy tends to experience different trends. These trends can be grouped as the business/trade cycle and may contain a boom, recession, depression and recovery. A business/trade cycle is the periodic but irregular up-and-down movements in economic activity, measured by fluctuations in real Gross Domestic Product (GDP) and other macroeconomic variables. Samuelson and Nordhaus (1998), defined it as ‘a swing in total national input, income and employment, usually lasting for a period

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    Economic Cycle

    All economies in the world operate in cycles of expansion and recession. Additionally, the world as a whole is an economy the runs in a cycle. Factors such as gross domestic product (GDP), interest rates, levels of employment and consumer spending can help to determine the current stage of the economic cycle. For the United States, the current part of the cycle of the economy is recovery. Recovery is the time when unemployment is going down and GDP is going up. Additionally, recovery is the early

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