Steve Jobs died on 5 October 2011 at the age of 56 due to pancreatic cancer. Despite his demise, his accomplishments and contributions in the fields of computer, consumer electronics technology, and business have left a lasting legacy. The Jobs Legacy: Accomplishments and Contributions of Steve Jobs Founded Apple and a Key Contributor to Microcomputer […]
Category Archives: Business and Economics
Cash Accounting vs. Accrual Accounting
There are two general methods of accounting: cash accounting or cash basis accounting and accrual accounting or accrual basis accounting. The cash basis method involves recording revenue when cash is received and recording expenses when they are paid. On the other hand, in the accrual basis method, revenue is recorded only when it is actually […]
Review: Pros and Cons of PayPal as a Payment Processor
PayPal is an online payment system owned and operated by the American company PayPal Holdings Inc. It specifically provides online money transfers while also operating as a payment processor or payment gateway for individual online vendors, electronic commerce businesses, auction websites, and other commercial uses. A Concise Review of PayPal as a Payment Processor for […]
AvaTrade Review: Quick Pros and Cons
AvaTrade is an online trading company founded in 2006 and headquartered in Dublin, Ireland. It provides four trading instruments and investment products to include retail forex trading, CFD, options, and cryptocurrencies. Furthermore, the company targets over 150 countries, thus making trading available for individual users around the world. A Concise Review of AvaTrade Trading Platform […]
Review: eToro Trading and Investment Platform
eToro is a fintech company that provides social trading and asset brokerage services. Established in 2007 and headquartered in Cyprus, the United Kingdom, and Israel, it now has more than 10 million clients across the world. The company specifically operates an online trading platform accessible via a native web browser or a mobile app via […]
Pros and Cons of Retail Forex Trading
The foreign exchange market or forex is a decentralized global market involved with the trading of currencies. Within the market is a small segment composed of individuals who speculate on the exchange rate between different currencies through brokerage companies. This segment is called retail forex trading. What Are The Advantages and Disadvantages of Retail Foreign […]
Supply-Side Economics vs. Demand-Side Economics
Two competing macroeconomic theories dominate modern economic policies and the field of political economy. These are supply-side economics and demand-side economics. Supply-side economics is a macroeconomic theory arguing that economic growth is made possible through programs or initiatives aimed at promoting production and thus, flooding the market with supplies of products goods and services. On […]
Breakdown: The Order Fulfillment Process
By its general definition, order fulfillment is the entire process of delivering a product from the point of production to the point of consumption. It is also important to note that the term applies to specific processes or functions in distribution and logistics management. Nonetheless, understanding the elements of the order fulfillment process is essential […]
Logistics Flows: Inbound, Outbound, and Reverse
Logistics flows pertain to the movement and direction of the goods, items, or information within the supply chain or more specifically, between the point of origin and the point of consumption. There are three directions that also correspond to three different logistical processes. These are inbound logistics, outbound logistics, and reverse logistics. Three Major Logistics […]
Difference Between Push Strategy and Pull Strategy
Both push strategy and pull strategy are business terms originating in logistics and supply chain management. These two concepts are also used in marketing, particularly in determining or evaluating distribution strategies. They essentially pertain to a specific approach of moving a product from the point of origin to the point of consumption. What is the […]