Network Marketing: Exploitation of relationships – Myth or Reality? Geevarghese K. Mathews* Dr. James Manalel** Siby Zacharias*** Abstract The Network Marketing‚ first popularized by Amway‚ in 1950s in USA is gaining momentum in India. The total turnover of network marketing companies in India was estimated at Rs 301‚044 crores in 2005 with an annual growth rate of 25% .The India Direct Selling Association (IDSA) has projected that the network marketing industry will be around Rs 8000 crores by
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No doubt‚ the cashless economy project of the Central Bank of Nigeria (CBN) is being pursued gradually but vigorously and the introduction of mobile money in Nigeria in recent times can be better appreciated when appraised within this greater scheme of things. In Nigeria‚ as it is in other developing nations where mobile money operations have successfully taken off‚ the use of mobile phones as payment platforms has been necessitated by the need to include a greater proportion of the unbanked and
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Business‚ Government and International Economy The business environment of a firm is the totality of external circumstances which the business faces and over which it has little or no control. The business environment of a firm includes 1. Market forces with their associated uncertainty 2. Forces of demand and supply originating from the rest of the world 3. The government policies 4. Nature i.e. the environmental factors Now‚ the scenario is changing. Indian market is getting connected to
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perimeter fencing. These institutions are work- and program-oriented” (BOP‚ 2016). The prison with the most security is known as the maximum or administrative facility. “Administrative facilities are institutions with special missions‚ such as the detention of pretrial offenders; the treatment of inmates with serious or chronic medical problems; or the containment of extremely dangerous‚ violent‚ or escape-prone inmates” (BOP‚
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Advanced Psychology of Learning Final Exam (Review) 1) Know about Piaget’s view of cognitive development. 2) Know about and be able to recognize the following concepts: Schemas‚ disequilibrium‚ equilibration‚ accommodation‚ and assimilation. 3) Know about and be able to recognize Piaget’s stages of cognitive development. 4) Know what the research tells us about Piaget’s initial beliefs regarding these stages. 5) Know about Vygotsky’s theory of cognitive development. 6) Know how Vygotsky’s
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What was the impact of the Jazz Age? The Jazz Age showcased the talents of African American artists and influenced new genres in the future such as modal jazz‚ hard bop‚ rhythm and blues‚ gospel‚ and many more. The Jazz Age also impacted the literary world through jazz poetry‚ a type of poetry that imitates jazz-like rhythms and improvisation. Jazz led to dance crazes such as the Charleston‚ a dance named after the South Carolina town of Charleston. Young people danced dances such as the Charleston
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Executive Summary This paper analyzed the art event of the Edinburgh International Festival that took place in Edinburgh. The impacts generated by the event will be mainly focus on discussing. The materials used in this report are all the secondary data which were found in the online newspapers‚ online databases‚ government official websites and government report. In general it found that Edinburgh benefited a lot from hosting the festival‚ people were attracted by the culture‚ transportation
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10.Classifying Transactions. Classify each of the following as a transaction reported in a subcomponent of the current account or of the capital and financial accounts of the two countries involved:a.A U.S. food chain imports wine from Chile: Debit to U.S. goods part of the current account‚ credit to Chilean goods part of the current account. b.A U.S. resident purchases a euro-denominated bond from a German company: Debit to U.S. portfolio part of the financial account; credit to German portfolio
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Jean Piaget Born: 9-Aug-1896 Birthplace: Neuchâtel‚ Switzerland Died: 17-Sep-1980 Location of death: Geneva‚ Switzerland Cause of death: unspecified Remains: Buried‚ Cimetière des Plainpalais‚ Geneva‚ Switzerland Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Psychologist Nationality: Switzerland Executive summary: Elaborated the stages of childhood Jean Piaget was a Swiss biologist‚ philosopher‚ and psychologist best known for his work
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First‚ teachers should not only give student core information and basic knowledge to students‚ rather they must make the students understand the lesson clearly. For instance‚ in Economics class‚ some students know about the balance of payment disequilibrium theory. However‚ they may not have a clear idea how to implement the theory in a real import export transaction. It is important for the teacher to encourage students to question them and explain the theory clearly. The teachers should not rush
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