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...
SAMSUNG; the name was not known even before ten years to many in India but now it comes in anyone's mind immediately after global giant like SONY, CANON or PANASONIC,so far consumer durables or electronics concerned. But as the meteor glows brighter for short time in the sky and travels faster across the sky but never last for eternity like stars so this brand is. SAMSUNG is losing its sheen and its Achilles heel is it's various service centers across the country, specially in the Eastern Sector. Numerous complaints are pouring in about the poor after sales service facilities provided by the company. Actually few are blemish about the products but all blame the service provided by the local service centers.
The complaints are about the inefficiency of service personals, non-availability of spares or more serious not attending the complaints at all. SAMSUNG and LG captured Indian market with their excellent customer care and after sales service. LG and several others are keeping it up but SAMSUNG is lagging behind; so losing the market share.
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