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...
Have you heard the term “psychosomatic”? Probably not; if you are not a doctor or in the allied field. This very word originates from Greek word, without getting into nitty gritty it means physical ailments originated from psyche or mind. It means stress may cause several diseases and that is scientifically proved now. Several studies have found the roots of many diseases are within our mind. The stress of day to day life, the unhappy family life, problematic parents, spouse may damage out body metabolism and trigger off certain diseases. In fact emotional stress may cause damage to the person’s immune system and that opens the gate to other ailments. In fact the physical symptoms of psychosomatic trends are visible and merits immediate attentions and treatment to avoid further complications. Unfortunately many still considers these problems are imaginary or can take of themselves. So, these symptoms remain uncared, untreated and despite of early signal many serious illness cannot be...