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
I remember in my school days, we were asked to write a passage justifying an adage or moral. One of them was “Public opinion is humbug”. This still holds good, when we watch the political developments around the world based on public opinion thrives despite of being wrong. Like US and its cartel`s invasion on Iraq, on the plea of elimination of WMD (weapon of mass destruction) and its creator. After all democracy is “government of the people, by the people , for the people”, so all actions taken by government are supported by the majority . Now the term “majority” is critical. Different country adopted different terms for judging the opinion of major portion of mass. Even in most advanced democracy like France, till recent years women had not voting rights! Just think where they constituted no less than 50 per cent of total population, and during French revolution they took part along with their male counterparts. This gender bias plays its role elsewhere too. However, while justif