INFLECTION POINT

An occurrence that leads to an important change in the development of a firm, industry, economy, sector, or geopolitical condition. This can be viewed as a turning point after which a bold change, with either upbeat or negative results, is anticipated to come out. Industries, firms, economies, and sectors are dynamic and constantly evolve. These points are more significant than the small daily progress made and the outcomes of the change are frequently well-known and widespread.