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 […]
Category Archives: Business and Markets
Explainer: Origins and Causes of the US-China Trade War
The US-China trade war is an economic conflict between the United States and the People’s Republic of China. Both countries have been engaged in this […]
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 […]
Is Tesla A Tech Company: The Debate Explained
Tesla has been known for producing iconic electric vehicles such as the Roadster and Model S. Some people would consider it an automaker. However, as […]
Factors Affecting the Prices of Oil and Gas
Oil and gas remain the most traded and consumed commodities in the world. The global economy remains dependent on these fossil fuels to generate the […]
The Economic Accomplishments of the Biden Administration
Sentiments about the United States economy under the tenure of Joe Biden from January 2021 to January 2025 are often divided between two main concerns. […]
Joint Venture: Advantages and Disadvantages
A joint venture is a business entity or an arrangement and a business strategy created and pursued by two or more parties through the combination […]
The Business Strategy of TikTok
The short-form video-sharing app TikTok has become one of the top social networking platforms in the world alongside Facebook and Instagram with over a billion […]
Legal Rights and Duties in a General Partnership
A general partnership is a legal form of business and a specific type or form of business partnership with two or more owners called “general […]
Legal Rights and Duties in a Limited Liability Partnership
A limited liability partnership or LLP is a legal type of business organization and a form of partnership in the United States composed of general […]