20Oct 2018 by Reese Bannister

Short Speech on “Brain Drain”

Workforce
The term “Brain Drain” has come into limelight with the trend of educated and skilled people and workforce moving from one country to another to achieve career gains. The talent of such people as a result becomes available to the nation to which they relocate.The biggest disadvantage of brain drain is the depletion of talent from the native nation which may badly need their skills and talent. It is the migration of country’s intellect which may have otherwise served their motherland and contributed to its prosperity.Thus, this brain drain or ‘Human Capital Flight’ as it may be called, becomes a threat to the growth of countries which lose the human resources, rich in technical skills or knowledge. This has also increased the disparity in the economic and social prospects of…
Read More
20Oct 2018 by Reese Bannister

Essay on “Kashmir” (1000 Words)

Industry
The word ‘Kashmir’ is derived from the Sanskrit word meaning Land of Kashyap. Rishi Kashyap was one of the Saptarishis who was a Saraswat Brahmin and formalized the ancient Historical Vedic Religion. His descendants or the Kashmiri Pandits as they are commonly known named the valley in his honor.Kashmir falls in the northwestern region of the Indian subcontinent. The geographical denotions of Kashmir include the valleys between the Great Himalayas and the Pir Panjal Mountain range, until the mid -19th century.At present, it also includes the larger area of Indian-administered state of Jammu and Kashmir comprising of the three divisions of Kashmir valley, Jammu and Ladakh. Kashmir shares its borders with Pakistan as well as China. Kashmir region has been a center of Hinduism, Buddhism followed by Kashmir Shaivism. Shah…
Read More
20Oct 2018 by Reese Bannister

Essay on the rights and obligations of patentee

Accounting
A patent is a statutory grant conferring certain monopoly rights on the grantee for a definite period, subject to certain conditions. In some respect it may be considered as a species of property. The owner of the “Patent”, i.e. patentee is entitled to deal with such property in the same manner as owner of any other moveable property.(a) The patentee can sell the whole or part of this property (Patent).(b) He can also grant license to other(s) to use the patented property. ADVERTISEMENTS: (c) He can also assign such property to any other(s).Such sale, license or assignment of such patented property naturally has to be for valuable consideration, acceptable mutually. In respect of process patents relating to drugs and food, the term is five years from the date of sealing…
Read More
20Oct 2018 by Reese Bannister

Military Reforms of Alauddin Khilji – Essay

Branding
The reign of Alauddin Khalji is considered significant due to his military reforms. Barani has written in this context, “Kingship is maintained by two pillars—first is administration and second is conquest. Both pillars are supported by the army. Kingship is the army and the army Kingship.”Prior to Alauddin there was no permanent army at the centre and the Sultans had to depend on the armies of the governors and Jagirdars. Alauddin removed this severe defect. He maintained a powerful army at the centre so that the revolts could be crushed at the outset and the Mongo’ invasion could, be repulsed effectively.As the provincial governors and officers deceived the centre regarding recruitment and training of the soldiers. Alauddin organ­ized his army under the following categories. Image Source: 4.bp.blogspot.com ADVERTISEMENTS: 1. Bodyguards…
Read More
19Oct 2018 by Reese Bannister

10 Major Differences between Micro and Macro Economics – Explained!

Industry
The Major Differences between Micro and Macroeconomics are mentioned below:1. The word ‘Micro’ means small. It is a study of individuals or groups. According to Shapiro “Microeconomics deals with small parts of the economy.” It is a piece meal study. On the other hand, ‘Macro’ means large. It is a study of economy as a whole. ADVERTISEMENTS: 2. Microeconomics is a study of particular households, particular firms, particular industries, particular commodities, particular prices etc. On the other hand, Macroeconomics deals with aggregate of these quantities, not with individual incomes but with the national income, not with individual prices but with the price level, not with individual output but with the national output.3. The objective of microeconomics is to maximise utility or maximisation of profit or minimisation of cost. But the…
Read More
19Oct 2018 by Reese Bannister

5 Main Features of Marshall's Welfare-Oriented Theory

Business
The main features of Marshall welfare-oriented theory, which gave primary importance to man and his welfare, are as below: Image Source: d39ya49a1fwv14.cloudfront.net (i) Study of man kind: Economics deals with ordinary men and women, who have feeling of love, affection, and friendship and do not get motivated merely by the desire of availing themselves of the maximum monetary benefits. (ii) Study of material welfare: ADVERTISEMENTS: Economics does not study all types of human activities but only a part of those activities related to material welfare. (iii) Study of social man: Economics is a Social Science, which attempts to study the ordinary business of life of the persons living in society and influencing each other. That ordinary business of person refers to the activities of earning and spending the income for…
Read More
19Oct 2018 by Reese Bannister

Short Speech on “Charity”

Management
Charity is an act of kindness where a person who has more than enough of what he or she needs contributes a part of his or her surplus income for the fulfilment of the needs of those who are less capable.Charity is possible in various forms. The broader meaning of charity is donating money to an organization; governmental and non- governmental for the fulfilment of the purpose for which it has been established.There are thousands and thousands of charitable organizations all around the globe; you just need to find out who deserves your help the most. There are charitable organizations for the handicapped and the disabled, for the poor, for educating the illiterate, for uplifting the status of woman in the society and many more. It is good if one…
Read More
19Oct 2018 by Reese Bannister

Essay on “Good Governance” (India)

Management
As the term suggests, good governance means governing the people in a way that the interests of the people of all sections are preserved rightfully.A good and generous government is one where all the individuals, in today’s world say almost all the individual’s rights are protected and they feel that they are not discriminated from one another on the grounds of cast, creed, sex, race and religion.If we talk about India, the best example of good governance was seen when Lord Ram ruled his kingdom of Ayodhya. It was a time when all the people were happy and content within themselves and considered the king or the ruler as the messenger of God. Image Source: allgodwallpapers.com ADVERTISEMENTS: But today in this 21st Century sadly it is very difficult to find…
Read More
18Oct 2018 by Reese Bannister

26 Multiple Choice Questions (MCQs) with Answers on Management of Natural Resources

Management
1. The multi-crore project about the Ganga Action Plan came (A) 1905(b) 1955 ADVERTISEMENTS: (c) 1985(d) 1995. Image Source: naturalresources.house.gov2. The Ganga runs from Gangotri through a hundred towns and cities in ADVERTISEMENTS: (a) Uttar Pradesh(b) Uttar Pradesh and Bihar(c) Uttar Pradesh, Bihar and West Bengal(d) Uttar Pradesh, West Bengal and Haryana ADVERTISEMENTS: 3. Water pollution can be identified by testing its (a) PH level(b) Biological Oxygen Demand (BOD)(c) Both (a) and (b)(d) None of these. 4. The three R’s to save the environment are (a) Reserve, Reduce, Recycle(b) Reuse, Reserve, Reduce(c) Reserve, Reuse, Reduce(d) Reduce, Recycle, Reuse.5. Why should we conserve biodiversity? Because (a) We should preserve the biodiversity we have inherited(b) A loss of diversity may lead to a loss of ecological stability(c) Both (a) and (b)(d) None…
Read More
18Oct 2018 by Reese Bannister

4 Main Advantages and Disadvantages of Cooperative Organization

Marketing
Cooperative organizations are those organizations, which are different from the rest, as they are formed not for the purpose of making profit but to provide its members goods and services at reasonable rates. This form of organization primarily protects and safeguards the economic interests of its members. Image Source: financialfreedomcreator.comThus, cooperatives are voluntary associations, formed with a service motive; the primary source of income being the members’ shares, they get dividend on trading surplus, if any. The organization functions as a separate legal entity in a democratic way and is governed by the state regulation. ADVERTISEMENTS: There are different types of cooperatives like consumers’ cooperatives, producers’ cooperatives, marketing cooperatives, housing cooperatives, credit cooperatives, farming cooperatives, etc. The structure of a cooperative organization ensures:i. All members have an equal say (one…
Read More