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23rd November 2015, 02:05 PM
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Join Date: Apr 2013
Re: MBA PPT On Business Cycles

The primary purpose of the Master of Business Administration is to educate and train graduates who can contribute to the development of knowledge such that they are prepared for advanced and specialized professional employment.

Business Cycle:

Business Cycle refers to the alternations or the fluctuations in the economic activities. Broadly these variations are of two types- expansion and contraction.

However, a typical classification divides it into 4 phases which are-

Growth (or Expansion)
Peak (Prosperity)
Contraction
Recession

Expansion Phase: In this phase, the economy is usually in a very strong position which is signified by full employment levels and huge demand for consumer goods.

Prosperity Phase: Here, the inflation further gets fire as now people start demanding higher wages due to increased prices which again in turn gives rise to inflation.

Contraction Phase: At this stage, the prices are too high and therefore the spending starts getting gradually decreased as now people cannot afford these prices.

Recession Phase: As demand decreases, the prices also decrease and this in turn leads to a fall in the overall GDP of the economy combined with rise of unemployment.

Please find the below attached file for the MBA PPT On Business Cycles:
Attached Files
File Type: zip Business Cycles PPT-.zip (12.3 KB, 42 views)


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