Search results
Results from the WOW.Com Content Network
The Small Business Administration, in an article on small business failure, [2] lists additional reasons for failure from Michael Ames' book on "Small Business Management": [3] lack of experience; insufficient capital; poor inventory management; over-investment in fixed assets; business's finance mismanagement; poor business location
Angular unconformities can occur in ash fall layers of pyroclastic rock deposited by volcanoes during explosive eruptions. In these cases, the hiatus in deposition represented by the unconformity may be geologically very short – hours, days or weeks.
Different economists have different views about what events are the sources of market failure. Mainstream economic analysis widely accepts that a market failure (relative to Pareto efficiency) can occur for three main reasons: if the market is "monopolised" or a small group of businesses hold significant market power, if production of the good or service results in an externality (external ...
A small firm only competes with other firms, but larger firms frequently find their own products are competing with each other. A Buick was just as likely to steal customers from another GM make, such as an Oldsmobile, as it was to steal customers from other companies. This may help to explain why Oldsmobiles were discontinued after 2004.
Dumping, also known as predatory pricing, is a commercial strategy for which a company sells a product at an aggressively low price in a competitive market at a loss.A company with large market share and the ability to temporarily sacrifice selling a product or service at below average cost can drive competitors out of the market, [1] after which the company would be free to raise prices for a ...
An “upscale McDonald's” is a luxury many can't afford, he says. 'Devastating to businesses': Kevin O'Leary explains why restaurants are shuttering across America — and why more will follow
A closure may occur because the purpose for which the organization was created is no longer necessary. While a closure is typically of a business or a non-profit organization , any entity which is created by human beings can be subject to a closure, from a single church to a whole religion, up to and including an entire country if, for some ...
It has been found that small businesses created the newest jobs in communities, "In 1979, David Birch published the first empirical evidence that small firms (fewer than 100 employees) created the newest jobs", and Edmiston claimed that "perhaps the greatest generator of interest in entrepreneurship and small business is the widely held belief ...