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Definition of Business failure
A business that has terminated with a loss to creditors.
Key strategies a firm intends to pursue in carrying out its business plan.
Repetitive cycles of economic expansion and recession.
Fluctuations of GDP around its long-run trend, consisting of recession, trough, expansion, and peak.
The use of capital to create more money through the addition of fixed assets or through income producing vehicles.
a formal process for gathering and analyzing information and producing intelligence to meet decision making needs; requires information about
the process of combining information technology to create new and more effective
The risk that the cash flow of an issuer will be impaired because of adverse economic
an activity that is necessary for the operation of the business but for which a customer would not want to pay
An agreement between a creditor and a borrower, where the creditor has loaned an amount to the borrower for business purposes.
The examination of failure incidents to identify components
a quality control cost associated with goods or
Firm viewed as being particularly subject to risk from an investors perspective.
a model that involves
Risk in firm’s operating income.
A business cycle caused by policies undertaken to help a government be re-elected.
Real Business Cycle Theory
Belief that business cycles arise from real shocks to the economy, such as technology advances and natural resource discoveries, and have little to do with monetary policy.
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