Welcome to the 1520 Perfect Dictionary
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| Shake-out (1) | |
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| SHAKE-OUT (1) Definition: A situation in which people lose their jobs and less successful companies are forced to close because of competition and difficult economic conditions. ______________________________________________________________________ * All five elements, at the least, would be in. 1. All strategies to retain jobs or stay afloat have been tried: shake-up, right-sizing, price-fixing, closeout, etc. and none that would have helped to avoid the situation worked. 2. No provisions made for temporary or alternative jobs, etc. And companies shut down cannot be put to other uses. 3. No possibilities for deployments or absorption, mergers or acquisitions, bailouts or flotations, etc. 4. No real solid fallback positions. That is, former employees have no savings and companies have gone into administration or are fully wound up. 5. No prospects of a revival of the economy soon or in the short term. That is, situation will last for a considerable length of time. _________________________________ See perfect redistribution. See perfect shake-up. See perfect close-down. See perfect stringency (2). See perfect bankruptcy. See perfect business leader (1). See perfect wealth management. See perfect corporate greed. See perfect attempted suicide. See perfect breadwinner (1). | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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