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A decision to shut down means that the firm is temporarily suspending production. [23] It does not mean that the firm is going out of business (exiting the industry). [24] If market conditions improve, due to prices increasing or production costs falling, the firm can resume production. Shutting down is a short-run decision. [25]
Closure may be the result of a bankruptcy, where the organization lacks sufficient funds to continue operations, as a result of the proprietor of the business dying, as a result of a business being purchased by another organization (or a competitor) and shut down as superfluous, or because it is the non-surviving entity in a corporate merger.
It is the opposite of a sign-off (or closedown in Commonwealth countries except Canada), which is the sequence of operations involved when a radio or television station shuts down its transmitters and goes off the air for a predetermined period; generally, this occurs during the overnight hours although a broadcaster's digital specialty or sub ...
WASHINGTON (Reuters) -Billionaire Elon Musk, who is heading U.S. President Donald Trump's drive to shrink the federal government, gave an update on the effort early Monday, saying work is underway ...
With about 25,000 workers affected, hubs such as Philadelphia, Baltimore and New Orleans have been shut down, meaning the flow of goods through the areas has ground to a halt, the Associated Press ...
Congress has until midnight Friday to come up with a way to fund the government or federal agencies will shut down, meaning hundreds of thousands of federal employees could be sent home — or stay on the job without pay — just ahead of the holidays.
To shut down or power off a computer is to remove power from a computer's main components in a controlled way. After a computer is shut down, main components such as CPUs , RAM modules and hard disk drives are powered down, although some internal components, such as an internal clock, may retain power.
Without a last-minute deal on the table, the U.S. heads for a government shutdown, meaning several shuttered federal agencies and furloughed federal employees, along with other consequences.