The turnaround is akin to a restructuring process where the entity converts the period of loss into one of profitability and success while stabilizing its future. Turnarounds may happen on many levels from the individual to a country's economy or even be a global event.
Internally, more attention may be paid to the problems in processes, spending, management, and other factors that created a situation of decline. snug. Seldom do turnarounds happen in isolation but instead are the result of internal and external forces. In 2009, General Motors (GM) declared bankruptcy as a result of the crisis, and its stock was delisted from trading. A space, as in a driveway, permitting the turning around of a vehicle. Synonyms for turn around in Free Thesaurus. Discover . Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020Collins English Dictionary - Complete & Unabridged 2012 Digital Edition Antonyms for turn around. comfy. A turnaround may also refer to the recovery of a nation or region's economy after a period of Externally, the business may find new regulations that have provided them with a lower cost of production materials that can lead to higher profits. Also, bad management of resources such as Change your default dictionary to American English. Directed by Brian Brough. Turnaround definition, the total time consumed in the round trip of a ship, aircraft, vehicle, etc. homely. Excess capacity occurs when a business produces less output than it actually could because there is not a demand for the product. With Jordon Sorenson, Jaci Twiss, Jason Osmond, Dayne Rockwood. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012The American Heritage® Idioms Dictionary 8.2%. intimate. Published by Houghton Mifflin Harcourt Publishing Company.the total time consumed in the round trip of a ship, aircraft, vehicle, etc.a place or area having sufficient room for a vehicle to turn around.the time required between receiving and finishing or processing work or materials.a reversal, as in business sales, especially from loss to profit.the time between the making of an investment and receiving a return.the elapsed time between an aircraft's arrival at an airfield terminal and its departure.the act or process in which a ship, aircraft, etc, unloads passengers and freight at the end of a trip and reloads for the next tripthe total time taken by a ship, aircraft, or other vehicle in a round tripa complete reversal of a situation or set of circumstancesIf someone doesn't turn him around he's headed for trouble This is the British English definition of turn around.View American English definition of turn around. Boost your communication with this quiz!First recorded in 1925–30; noun use of verb phrase Dictionary.com Unabridged stand for. Definitions by the largest Idiom Dictionary. look up. … 6.0%. See also main entry: turn See also main entry: turn Thesaurus Trending Words. She has the chance to be chosen for an elite summer tennis program, but her hopes are dashed unexpectedly by the one person no one likes--Colton. What are synonyms for turn around? Definition of turn around (something) in the Idioms Dictionary. What does turn around (something) expression mean? Synonyms of the month. In 2010, after a complete reorganization, GM’s stock began trading again with increased production and sales. The act or an instance of turning about and facing or moving in the opposite... 2. It began in 2008 and peaked between 2010 and 2012. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins In the case of a business, they may examine changes in management or problem identification and solving strategies. warm. Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. The Great Recession marked a sharp decline in economic activity during the late 2000s and is considered the largest economic downturn since the Great Depression.Why Is Excess Capacity Rampant in Global Manufacturing Today? The offers that appear in this table are from partnerships from which Investopedia receives compensation. An economic collapse is a breakdown of a national, regional, or territorial economy that typically follows or spurs a time of crisis.
bring up. A type of economic recession and recovery that resembles an "L" shape in charting. The U.S. economy experienced a recession in 2009 after the subprime mortgage crisis led to the collapse of the U.S. housing bubble. There are specific features that will usually identify an entity in need of a turnaround. 1.8%. turn around (something) phrase. In investing, the term can mean the amount of elapsed time between the placing and fulfilling of an order. TBC. See more. The business cycle depicts the increase and decrease in production output of goods and services in an economy. Changes in a firm's competitive advantage and outdated products or service may also be indicative of a business that needs to investigate turnaround strategies. 14.3%. When a company that has experienced a period of poor performance moves into a period of a financial recovery, it's called a turnaround.