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What is Cyclical Unemployment?

Cyclical unemployment is closely related to Keynesian economics theory. It refers to a situation where there are more people looking for work than there are jobs available. This type of unemployment is caused by the business cycle. It can occur for a number of reasons but is related to the performance of the economy. A good example is when cyclical unemployment occurs due to a fall in consumer demand. This leads to manufacturers reducing production and thus not needing as many employees. This situation causes increased unemployment.

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What is a Tax Loss Carryforward?

Tax loss carryforward is used in accounting as a way to use financial losses within a business year as a later tax liability. This deduction from tax can be used up to seven years after the year when the loss occurred. This means that should the company experience a good year in the future they can use this tax liability to reduce the amount they have to pay.

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Top 5 Best Business Administration Books Reviewed

Business administration is an important subject. It is concerned with all the decisions in regards to the administration and performance of a business. Managers are part of the overall administration of a company and the decisions they make are crucial the success of the business. Given that this is such an important topic it is hardly surprising to find that there have been many books written on the topic. Some of these texts were written for people who are studying an MBA while others are more practical in nature. Here are just top five of the best business administration books reviewed.

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Top 5 Best Business Development Books Reviewed

Business development is all about growing a company and attracting new customers. This is a subject of great interest to business managers, economists, and anyone interested in how the world of commerce works. There have been some great books written on this subject over the years and here we will just examine the top 5 best business development books.

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What is Transfer Pricing?

When goods or services are transferred within an organization there needs to be a way of tracking this for accounting purposes. Transfer pricing is a method by which resources can be transferred between different divisions or subdivisions of an organization. This transfer price can also apply to any subsidiaries of the business. The purpose of doing this is to optimize the performance of the organization as a whole and to determine how each division of the company is performing. It makes it possible to calculate each division’s profits and losses separately.

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What is a Promotion and How to Get One?

A promotion is something that a lot of us dream about. It might seem like an answer to our prayers or a just reward for all our hard work. When we talk about a promotion we are usually referring to a rise in rank within an organization. For example, a manual laborer might be promoted to a foreman or a junior member of a team might be given a management position. In most instances a promotion will come with an increase in pay and improved conditions, but this doesn’t always have to be the case. It could be that the only reward from a promotion is an increase in responsibility.

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What Is the Difference Between a Copyright, Trademark, and Patent?

There are different ways to legally protect intellectual property. Three of the most well known ways of doing this is the copyright, the trademark, and the patent. Each of these protects different types of intellectual property and each works differently. It is understandable that those who create something new don’t want others to come along and steal their ideas. Intellectual property law can be very complicated though, and this is why it requires skilled legal experts to ensure protection.

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What Is Services Marketing?

The best way to sell an item will always depend on what it actually is. For example, the best way to sell nutritional supplements can differ from the best way to sell new cars. Of course, some people will be selling both services and products and so they can use a variety of approaches; they will also usually try to combine services and products into a package to make them more attractive. It is generally considered that services marketing is a bit tougher than product marketing and this is why a unique approach is called for.

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