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What is Dependency Theory?

Dependency theory has been put forward by social science theorists in an attempt to explain how developed and developing nations affect each other. It implies that the resources flow from poorer countries to the wealthier countries. It is viewed as an opposing view to the notion of a free market economy as it points out deficiencies in that system. This theory has been highly influenced by the work of Hans Singer and Raul Prebisch.

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Top 5 Best International Business Books Reviewed

International business has become increasingly important as more companies attempt to become global entities. It does feel like the world has become a lot smaller in the last few decades with the rise of multinationals and improved communications technology. There is a lot of interest in international business and there have been some good books written to satisfy this curiosity. Here are what we think are the top 5 best international business books reviewed.

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What Is Business Research?

In order to make the best decisions it is necessary to have good information. Without the right information the decision making process can be a bit like firing darts in the dark; hitting the target will become just a matter of luck. In business millions or possibly billions of dollars can be lost if the wrong decisions are made. This is why it just would not be acceptable to rely on guess work. One of the best ways to get appropriate information is to rely on business research.

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What Is a Balloon Payment?

Loans can be repaid in a number of different ways. The creditor might be expected to pay back the money in regular equal amounts over a certain amount of time until the debt is repaid. This is not the only way of doing things though. A balloon payment refers to a large lump sum that will be due at certain times during the repayment period. In a lot of instances this large payment will be made at the end of the loan.

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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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