Industrial system
Indirect rule is a system of government used by the British and French to control parts of their colonial empires, particularly in Africa and Asia, through pre-existing local power structures. These dependencies were often called “protectorates” or “trucial states”. By this system, the day-to-day government and administration of areas both small and large was left in the hands of traditional rulers, who gained prestige […]
A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration, and colonization. The Colonized regions which were colonized by Europe in Africa and Asia, almost all of them become chartered companies which belonged to the Western colonial masters. The chartered company administrated all the business affairs of the colonized region. Business with limited […]
What is a ‘Bank’ A bank is a financial institution licensed to receive deposits and make loans. A place where people deposit their savings, receive loans, and banks are also used as a location where salaries are pain in into people’s accounts. Banks may also provide financial services, such as wealth management, currency exchange and […]
Tu B’Shevat – The New Year for Trees Tu B’Shevat falls on the 15th of Shevat, being the 11th month on the Jewish, God’s calendar. Tu B’ Shevat – this year falls on Wednesday, 31st of January 2018— is the day that marks the beginning of a “new year” for trees. This is the season in which the earliest-blooming […]
A client state is a state that is economically, politically, or militarily subordinate to another more powerful state in international affairs. Types of client states include: satellite state, associated state, puppet state, neo-colony, protectorate, vassal state, and tributary state. A client state was a politic strategy mostly used by the ancient Greece/Rome: Ancient states such as Persia and Greek/Rome city-states would create client states by making the leaders […]
Predatory lending is the unfair, deceptive, or fraudulent practices of some lenders during the loan origination process. People who in desperate need for a product will always be willing to do anything to posses that product, today this type of lifestyle is known as a materialistic lifestyle. Buying things with the money that a person does not have on consumers […]
A person who works only for pay, especially in a menial or boring job, with little or no concern for the value of the work. <He Makes money for the sake of feeding his own selfish motives>. A person working for the sake of getting paid, one who does what he or she does for the money, and not for the sake of caring or serving the client’s or customer’s needs. adjective 2. serving for pay only. A Hireling is an individual with Ph.D. qualifications, who […]
A SWOT analysis can be carried out for a company, product, place, industry, or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Users of SWOT analysis must ask and answer questions that generate meaningful information […]