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  • 24-04-2017
  • Business
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The blackwell group is unable to obtain financing for any new projects under any circumstances. which term best applies to this situation

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Greenleafable
Greenleafable Greenleafable
  • 27-04-2017
The term that best applies to the situation where the Blackwell group is unable to obtain financing for any new projects under any circumstances is hard rationing.
Hard rationing is a type of external rationing (as opposed to internal, or soft rationing) that refers to the fact that a company cannot obtain any money elsewhere, which negatively impacts its new projects, given that it cannot even pay for their realization. 
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