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...
Amongst the Government organization underwent divestment and a move towards corporatisaton or privatisation; the Bharat Sanchar Nigam Limited or BSNL and its subsidiary Calcutta Telephones are faring worst towards providing quality service. So is there customer care! Way back in 2005, when Calcutta Telephones was marketing their newly introduced broad band service with tall promises., I was one to subscribe for that. Though I have never found the promised speed what I pay for; but accepted as a matter of fact in terms of 'Indian standard '. On queries I was always told the fault lies with the cable laid and will improve when cable is changed. Further they added when they switch over to optical fiber the service would improve many folds. I know not if they ever switched to optical fiber till recently. On 20 th May 2011 , in the evening my broad band connection went out abruptly; the error report showed error no.651; representing disconnection to server. I tr...