Tugas 1 Bahasa Inggris Niaga UT

 

Understanding Business Cycle Really Helps Business People To Operate His Business Successfully

Business cycle area type of fluctuation found in the aggregate economic activity of nations that organize their work mainly in business enterprise, a cycle consists of expansion occuring at about the same time in many economic activities, followed by similarly general recessions, contractions, and revival which merge into the expansion phaze of the nextcycle, this sequence of changes is recurrent but not periodic, in duration business cycle vary from more than one year to ten or twelve years, they are not divisible into shorter cycles of similar character with amplitudes approximating their own. Wesley C. Mitchell dan Arthur F. Burns dalam Ricardo (2007).

Understanding the business cycle is very useful for business activities. One of them is to predict crises that can occur in the economic market. With this, it is easier for business people to detect problems early. And the existence of a business cycle is also useful for making turning point predictions that include detection of changes in the economic regime. besides paying attention to the business cycle, the company can adjust its business activities according to the current cycle so that the company experiences an increase and benefits from the business activities being carried out.

Overall I agree, if the business people understand the functions and benefits of the business cycle. As well as implementing it well, business activities can achieve success. Because the main point of the business cycle itself is the instability of economic activities which greatly affects business activities. Thus, it is hoped that business people will always understand the business cycle every day because changes can occur at any time, so that business people can go through all the business cycles that occur.