Examlex
A business with a differentiation strategy will add cost to an activity as long as the activity has a positive margin.
Sub-Saharan Africa
The region of Africa located south of the Sahara Desert, characterized by diverse cultures, languages, and histories.
Dependency Theory
Views economic underdevelopment as the result of exploitative relations between rich and poor countries.
Modernization Theory
Holds that economic underdevelopment results from poor countries lacking Western attributes, including Western values, business practices, levels of investment capital, and stable governments.
Development Theory
An extensive category of theories that seek to explain the processes, strategies, and mechanisms by which societies progress economically, socially, and politically.
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