Exploration is a critical upstream activity in the oil and gas industry. Exploring deposits of oil and gas or resources and reserves remains an important […]
Category Archives: Business and Markets
Unrealized Capital Gains: Should They Be Taxed?
The value of assets can increase more than their costs while it is held unsold due to the impacts of various market forces like market […]
Henry Ford: Accomplishments and Contributions
Henry Ford was a revered American business magnate whose name is easily identified with early 20th century American industrialism. He founded Ford Motor Corporation in […]
Angel Investors vs Venture Capitalists: The Difference
Angel investors and venture capitalists are two of the most common types of alternative sources of funding. Apart from loans from banking institutions and other […]
Oil and Gas: Upstream, Midstream, and Downstream
The oil and gas industry is divided into three components or sectors: the upstream, midstream, and downstream. Note that these three sectors also correspond to […]
Pros and Cons of GDP as a Macroeconomic Indicator
The gross domestic product or GDP of a particular country represents the total monetary value of all final goods and services produced within its borders […]
Tariff Basics: Advantages and Disadvantages
The English word “tariff” comes from the Italian word “tariffa” which was further derived from a similar-sounding Arabic word that translated to “notification” or “inventory […]
Environmental Strategy of Apple: Key Sustainability Initiatives
Although the economic value and contributions of the consumer electronics industry and technology companies are undeniable, their impacts on the environment are as incontestable. For […]
Transfer Pricing: Definition and Explanation
Transfer pricing is a principle and practice in taxation and managerial accounting, as well as a form of government regulation, which involves standardizing the prices […]
Economy of China Explained: A Socialist Market Economy
Following the failure of its centrally planned economy based on communism and the specific economic system used in the former Soviet Union, including the disastrous […]