Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
The besic concept `We` the Indians` is yet to derive with it`s full consistency. During peace time the concept of `we Indians` is found only at the time of cricket matches otherwise while we are on war. It is a country sub-divided by various cultural, ethnic groups of people. Whoever rules the roost wherever is independent there; rest all of us are subjects of the system i.e independence of Indian Varity Our independence is a fall out of British as well as all the colonial power`s prolong engagement in two world wars. Local uprising of various forces with vested interests under the leadership of mostly ambitious and self interested leaders (most of them had feudal back grounds) added the momentum. Remember it is not only India, many other colonies is Asia and Africa became independent in post 2 nd world war era . Out of them , only Singapur has excelled far and it was possible for it`s small size and self less leader. Yes, you said rightly the socialistic attitude w...