distribution of income and wealth etc. The main aim of traditional banking is to earn profit by borrowing and lending money in exchange of interest. As a result there is an unfair competition among the bankers and among the customers. Under conventional framework a bank borrows to lend and it mobilizes savings/deposits by borrowing from savers and lends those deposits to productive interest on deposits and advances respectively. The banks generally maintain a difference is known as interest-spread
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Hacker’s GUIDE……………. INDEX 1. Ultimate step by step guide in becoming a HACKER 2. Hacking for Dummies – I 3. Hacking for Dummies - II Ultimate Step by Step guide to become a hacker Submitted to the Hideout by IceKool Document Modified by kM June 16th‚ 1997 Disclaimer: I do not take any responsibilities for actions that you pose using this file. Therefore do not blame me for whatever happens. This is for informational purposes only. About the Author: My name is IceKool. I live in Va. I love
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The business cycle is like a roller coaster and this roller coaster definitely has its dips and peaks. In the cycle there are expansionary periods‚ peaks‚ downturns‚ and troughs. Each one is part of and essential in the cycle. Like a roller coaster you will go up and reach a peak and then you will have to drop. Although just because you drop does not mean you will reach the lowest point of the ride. Just like a coaster the business cycle has its high peaks and plunging drops. So lets start the
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Chapter 3 Purchasing and e-Procurement 3.1 The Role of Purchasing 3.1.1 Introduction to purchasing The role of purchasing is to obtain raw material‚ components‚ parts‚ as well as information that are needed for the production of goods or providing services. The purchasing process includes many aspects‚ such as request for quotation (RFQ)‚ supplier market analysis‚ supplier selection‚ contract negotiations‚ and purchase plan implementation. The purchase function plays a liaison role between various
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Centralized vs Decentralized Purchase In organizations having many production centers which are situated at distant places‚ it may be an important issue to decide whether for the purpose of purchasing for all the production centers‚ there should be only one purchase department or for each production centre‚ there should be one purchase department. Upon the following factors the decision shall primarily depend:- a. the distance between the production centers & the central godown‚ b. the nature
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Alternative Medicine vs. Conventional Medicine Abstract The paper discusses the differences and similarities between conventional medicine and alternative medicine. The major differences concern the educational level‚ attitude to diseases‚ theoretical support and researches‚ patient participation‚ time‚ and cost. The main similarities include healing purpose‚ the human factor‚ and some common methods used. Keywords: alternative medicine‚ conventional medicine‚ approach
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Conventional insurance versus takaful- The Islamic insurance Insurance in Islam is essentially a concept of mutual help. Insurance business under conventional system is based on uncertainty‚ which is prohibited in Islamic society under Islamic principles. So there is need to clear the difference between the conventional insurance and the Islamic insurance. ------------------------------------------------- An insurance contract minimizes the risk of loss due to accident or ill-fated situation
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Organic Farming versus Conventional Farming With the increase in concern about the dangers of the foods we consume‚ the demand for organic food has increased at an alarming rate. Conventional farming has been around for more than 100 centuries‚ and it is one of the most prosperous industries in the world. Organic farming on the other hand dates back to the 20th century. Sir Albert Howard is considered by many to be the pioneer of the organic movement (Heckman). Although some concepts of organic
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Tyler Mosley Janice Walker ENGL 1101-Composition 1 October 18‚ 2006 Hybrid Verses Conventional Vehicles Today’s world is a world where everyone has to be somewhere at a certain time. This means you usually have to travel to get there. What I usually do to get somewhere is to get in my truck and drive there myself in my conventional truck. There are many obstacles that I run into when I have to drive though. Gas‚ energy‚ and the air pollution my truck causes are just some of the problems with
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The Definition of Conventional Sources of Energy By Don Shepard‚ eHow Contributor I want to do this! What’s This? Your Dictionary.com defines conventional as "not unusual or extreme; ordinary." This fits well with conventional energy sources in terms of being not unusual‚ however‚ the impact on society by these sources has been anything but ordinary and have actually been quite extreme. Conventional energy sources have demonstrated both extremely positive and negative consequences. These negative
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