The Indian economy has been booming ever since India came out of the shackles of imperialism and emerged as a politically‚ socially as well as financially independent nation. Although India attained its freedom more than about sixty years ago‚ the emergence of the Indian economy on the global scene has been a rather recent development. This is because of the realization of the true economic growth potential of India‚ by the foreign investors as well as business houses. Till about the recent times
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production or other facilities in a foreign country‚ and maintains effective control of said investment. Foreign firm need to invest in country other than home country because they see ample opportunity in host country. The host country also benefits from FDI. A developing country generally lacks capital‚ technology and human resource as well. Thus any increase in capital and technology transfer will increase the consumption and economic wellbeing of the host nation. The investing firm will bring improved
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Explain and Summarize Aristotle’s Nichomachean Ethics Introduction Ethics is a branch of philosophy that deals with morals and doing good actions for the good of oneself and others. Ethical dilemmas‚ also known as moral dilemmas can be defined as a situation that arises in the course of one’s practice‚ where one has to make a choice between two options‚ neither of which will adequately resolve the situation in an acceptable professional or ethical manner. Various theoretical principles represent
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Outline and assess the five main theoretical perspectives of sociology Marxism Marxism is the political philosophy and practice resulting from the work of Karl Marx and Friedrich Engels. Any political practice or theory that is based on an interpretation of the works of Marx and Engels may be called Marxism. Under capitalism‚ the proletariat‚ the working class own only their capacity to work meaning they have the ability only to sell their own labour. According to Marx a class is defined
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A Term Paper on Prospects of Foreign Direct Investment in Bangladesh Prepared To: Md. Shariful Islam Fellow (Assistant Professor) Institute of Business Administration (IBA) University of Rajshahi Prepared By: Md. Hasibur Rahman ID No. 100043 MBA (Evening) – Major in Finance 9th Batch‚ 5th Semester Institute of Business Administration (IBA) University of Rajshahi Institute of Business Administration (IBA) University of Rajshahi Date of Submission: May 31‚ 2012 Letter of Transmittal
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FDI in Insurance Introduction The insurance sector in India used to be dominated by the state-owned Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries. But in 1999‚ the Insurance Regulatory and Development Authority (IRDA) Bill opened it up to private and foreign players‚ whose share in the insurance market has been rising. As a part of overall financial sector reforms‚ the Government set up the Committee for Reforms in the Insurance Sector in 1992. In its
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means of attaining competitive efficiency by creating a meaningful network of global interconnections. FDI plays a vital role in the economy because it does not only provide opportunities to host countries to enhance their economic development but also opens new vistas to home countries to optimize their earnings by employing their ideal resources. India has sought to increase inflows of FDI with a much liberal policy since 1991 after decade’s cautious attitude. The 1990’s have witnessed a sustained
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FDI Policy in India FDI as defined in Dictionary of Economics (Graham Bannock et.al) is investment in a foreign country through the acquisition of a local company or the establishment there of an operation on a new (Greenfield) site. To put in simple words‚ FDI refers to capital inflows from abroad that is invested in or to enhance the production capacity of the economy.[3] Foreign Investment in India is governed by the FDI policy announced by the Government of India and the provision of the
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For most people‚ getting woke up at 2:30 a.m.‚ learning to drive tractor at the age of nine‚ or getting to watch a baby calf take its first breath are unusual experiences. However‚ these things are normal and even become a way of life when you live on a beef cattle farm. Plans get cancelled‚ church clothes get dirty‚ and becoming best friends with a cow sums up the life on a farm. When people say “start them young‚” they are usually referencing to sports or school‚ but for farming lifestyles this
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three words; motives‚ goals‚ & traits‚ what is the first thing that comes to mind? Are there similarities? How about differences? Before we discuss the differences between these three words‚ I believe it’s important to understand their meanings. Motive is defined as the reason for doing or behaving in a certain way. Goal is defined as something you want to achieve. Lastly‚ traits can be defined as a characteristic that distinguishes a person. So what are the differences between motives‚ goals‚ and
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