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
In pre-90s ,we just heard about revolution in communication system was emerging involving computer. Of course computers were in use in many parts of the world; specially in developed countries or continents like United States, Japan and larger part of Europe. But they were in their primitive form. Larger size of desktops were available; with primitive slow operative systems. They required special skills to operate. Laptop was just in imagination and internet was just something heard but could but not visualized. I saw them first at a fair held in Kolkata during one winter in early 90s. I remember India's premier communication company, VSNL or Videsh Sanchar Nigam Limited put a stall in that fair and a computer with internet facility was on display. Curious public was taking their first look at it. Very few of them were interested or able to make out what it is! I approached the man on counter; deployed to answer public's queries. On approach he casually briefed me that it was the information bank. I could ask any question, answers could be found. Those days the price of gold was taking a roller coaster ride and that was a matter of discussion among common men and investors. I asked him the price of gold at that moment at London metal market. Withing moments he searched (!) and found the rates. I was surprised. Next day I verified the rate that he gave with the paper quotes. I was satisfied to find they were correct. It truly interested me but taking internet connection was very costly in those days.
Later in the current millennium internet spreaded the way cobweb spreads. Purposeful uses like sending emails and seeking information another use gained most popularity. Social networks, like Orkut, FaceBook and several other social sites help meeting people to communicate and get together stole the limelight of internet usage. So are the porn sites; like dating sites they too have become popular. If you are more than 18 years old you have access to them. One such site is bangyoulater.com; one of the most user friendly site. Interested to know more! Just log into it. It is free!
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