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    Tugas Tutorial Ke-1 Bahasa Inggris Niaga (Adbi4201) Program Studi Akutansi

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    adinda tinezia
    This document discusses the importance of understanding the business cycle for business success. It begins by defining the business cycle as the up and down movements in economic indicators like GDP that occur around long-term trends. It then describes the four phases of the business cycle: expansion, peak, contraction, and trough. Understanding how businesses are affected in each phase is key, as it allows them to properly respond and maintain stability through the fluctuations.

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    Tugas Tutorial Ke-1 Bahasa Inggris Niaga (Adbi4201) Program Studi Akutansi

    Uploaded by

    adinda tinezia
    90 views2 pages
    This document discusses the importance of understanding the business cycle for business success. It begins by defining the business cycle as the up and down movements in economic indicators like GDP that occur around long-term trends. It then describes the four phases of the business cycle: expansion, peak, contraction, and trough. Understanding how businesses are affected in each phase is key, as it allows them to properly respond and maintain stability through the fluctuations.

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    Tugas Tutorial Ke1

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    This document discusses the importance of understanding the business cycle for business success. It begins by defining the business cycle as the up and down movements in economic indicators like GDP that occur around long-term trends. It then describes the four phases of the business cycle: expansion, peak, contraction, and trough. Understanding how businesses are affected in each phase is key, as it allows them to properly respond and maintain stability through the fluctuations.

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    © All Rights Reserved
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    90 views2 pages

    Tugas Tutorial Ke-1 Bahasa Inggris Niaga (Adbi4201) Program Studi Akutansi

    Uploaded by

    adinda tinezia
    This document discusses the importance of understanding the business cycle for business success. It begins by defining the business cycle as the up and down movements in economic indicators like GDP that occur around long-term trends. It then describes the four phases of the business cycle: expansion, peak, contraction, and trough. Understanding how businesses are affected in each phase is key, as it allows them to properly respond and maintain stability through the fluctuations.

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    TUGAS TUTORIAL KE-1

    BAHASA INGGRIS NIAGA (ADBI4201)

    PROGRAM STUDI AKUTANSI

    NAMA: ADINDA TINEZIA PUTRI NAINGGOLAN

    NIM : 030894936

    topics :

    Understanding the Business Cycle is very helpful for business people to operate their business
    successfully.

    "business cycle" (or economic cycle or boom-bust cycle) refers to economic fluctuations in production,
    trade and general economic activity. From a conceptual perspective, the business cycle is the up and
    down movements of the level of GDP (gross domestic product) and refers to periods of expansion and
    contraction at the level of economic activity (business fluctuations) around long-term growth trends.

    Fluctuations in the business cycle occur around long-term growth trends and are usually measured in
    terms of growth rates for real gross domestic product. "Significant decline in economic activity that
    spreads throughout the economy, lasting more than a few months, is usually seen in real GDP, real
    income, employment, industrial production. "This differs significantly from the often quoted definition
    of a recession marked by a two-quarter decline in real GDP. If the economy does not start developing
    again then the economy can be considered in a state of depression.

    The business cycle is identified as having four distinct phases: expansion, peak, contraction, and trough.
    The expansion was marked by increased employment, economic growth, and price pressures. The peak
    is the highest point of the business cycle, when the economy produces at the maximum allowable
    output, employment is at or above full employment, and inflationary pressures on prices are apparent.
    Following its peak, the economy usually enters a correction marked by a contraction in which growth
    slows, employment declines (unemployment rises), and price pressure eases. The slowdown stops at the
    trough and at this point the economy has reached its lowest point where the next phase of expansion
    and contraction will emerge.

    How business cycles affect business operations is perhaps best explained by looking at how one
    business responds to this cycle. Normal Maintenance is a small business that provides various
    construction services for homeowners. They specialize in roofing, deck installation, walls and general
    home maintenance. They employ three full-time workers, who usually work forty hours per week for an
    average of twelve dollars per hour. This company

    has been in business in the same city for more than twenty years and has a strong reputation for quality
    of work and reliability.

    The celebration

    topic: Understanding the Business Cycle is very helpful for business people to run their business
    successfully.

    Do you agree or disagree with the statement?

    Answer:

    agree, because by understanding the business cycle, business people will be able to know the up and
    down movements of the level of GDP and refer to periods of expansion and contraction at the level of
    economic activity around community growth trends. That way business people can build a strong
    reputation and good quality work and reliability among people. Although sometimes every stage has
    pressure, business people must continue to learn and understand that the economy will eventually start
    to develop again and again through another cycle.

    The business cycle, too, has four different phases: expansion, peak, contraction, and trough. The
    expansion was marked by increased employment, economic growth, and price pressures. The peak is
    the highest point of the business cycle, when the economy produces at the maximum allowable output,
    employment is above or full employment, and inflationary pressures on prices are apparent. Following
    its peak, the economy usually enters a correction marked by a contraction in which growth slows,
    employment declines (unemployment rises), and price pressure eases. The slowdown stops at the
    trough and at this point the economy has reached its lowest point where the next phase of expansion
    and contraction will emerge.

    Business cycles can influence business operations, by looking at how one business responds to this
    cycle. In each stage of the business cycle, business people are required to be able to respond properly to
    each cycle in the stages. That way a businessman will not easily fall by other business people, and a
    company that is run will get a good image among the people because they have a better understanding
    of the cycles in business, and can handle it well. That way a businessman will succeed in running his
    businesses.

    *if there are mistakes or there are things that I need to correct please teacher guidance, thank you.

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