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
All over the world global warming and its associated affects like climate change, rise of seawater level due to melting of ice in Antarctic and Arctic continents; are matters of great concerns. Scientists predict within few decades (the opinion varies) coastal areas of many continents and subcontinents will be submerged under seawater like the mythological city Atlantis. Preserving forests with its greenery for the very cause of absorbing carbon- di -oxide and controlling industrial emission of toxic gasses along with carbon-di-oxide are the immediate steps advised by them. Most of the industrial developed countries are taking wily nilly, the measure to curb the emission. The world’s greatest polluter United States though forced others to take necessary measures to curb emission putting them under the threat of black listing for their imports; they themselves appears to be least interested to curb emission ! Developed nations in Europe have taken pioneering steps to curb emissio