Economic effects of subprime lending A subprime lending is an option for individuals that have difficulty meeting mortgage payment schedules or for individuals who have low credit scores and considered risky borrowers. For example‚ an applicant with a low credit score of 500 will have a very difficult time locating a loan. Subprime lending comes with a high cost to borrowers. Lenders see bad credit applicants as riskier than applicants with better credit scores. Borrowers in turn pay for this
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“Peace is not absence of conflict‚ it is the ability to handle conflict by peaceful means‚” this quote by Ronald Regan shows that conflict is an inevitable part of society. Conflict is a fundamental part of life and is always present for every individual throughout their everyday life. Encountering conflict means to face or handle conflict and the ways in which we go about trying to resolve it. Different types of conflict can be local‚ national‚ religious‚ political‚ economic or cultural. There are
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don’t let them (Pakistanis) provoke us into making it a hot line of control." In a sign of the rising tensions‚ Pakistani Foreign Minister Hina Rabbani Khar accused India of "warmongering" in a speech in New York on Tuesday. In New Delhi‚ Indian Prime Minister Manmohan Singh said his country’s relations with archrival Pakistan "cannot be business as usual." India and Pakistan have been rivals for decades and have fought three wars‚ two of them over Kashmir. The Himalayan region is divided between
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The Tiv-Jukun Ethnic Conflict and the Citizenship Question in Nigeria Moses T. ALUAIGBA Aminu Kano Centre for Democratic Research and Training‚ Bayero University‚ Kano Abstract The negative consequences of the Tiv-Jukun ethnic conflict and other similar conflicts in Nigeria have stimulated the debate on citizenship in the country. This debate is driven by questions that hinge on contestable issues such as who is an indigene in Nigeria‚ why should other Nigerians be termed non-indigenes‚ settlers
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Organisational Conflicts Explain the term “Organisational Conflicts” and its types. Why conflicts arise? * According to Robbins‚ Conflict is a process that begins when one party perceives that another party has negatively affected‚ or is about to negatively affects‚ something that the 1st party cares about. * Similarly‚ Greenberg and Baron define conflict as a process in which one party perceives that another party has taken or will take actions that are incompatible with one’s own interests
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Conflict and Conflict Management Conflict may be defined as a struggle or contest between people with opposing needs‚ ideas‚ beliefs‚ values‚ or goals. Conflict on teams is inevitable; however‚ the results of conflict are not predetermined. Conflict might escalate and lead to non-productive results‚ or conflict can be beneficially resolved and lead to quality final products. Therefore‚ learning to manage conflict is integral to a high-performance team. Although very few people go looking for conflict
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investments in a wide range of industries worldwide. It is owned by the government of Singapore and the prime minister of Singapore‚ Lee Hsien Loong‚ has a supervisory role over the company. Although there were accusations of nepotism when Ho Ching‚ the prime ministers wife‚ joined the company in 2002 (at the time her husband was the Finance Minister of Singapore and her father-in-law the legendary former Prime Minister of Singapore‚ Lee Kuan Yew)‚ Temasek Chairman Dhanabalan told Businessweek I got her not
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Encountering Conflict – Conflict can both crush people and inspire people to greater heights. Conflict presents itself in various forms; it can occur in different places‚ can be intentional or unexpected and affect people in diverse ways. To survive people then need to develop coping mechanisms to overcome or at least begin their journey of recovery. If they cannot do this‚ then they will not be able to move on. Conflict is a subject that everyone in the world faces on a day to day basis‚ but
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Review of Literature on INTERPERSONAL CONFLICTS (Organisational Behaviour) Submitted By: Sourabh Choudhury INTRODUCTION Interpersonal conflicts are most often based on lack of effective communication‚ pride and emotionalism. As a result‚ they can provoke some of the most costly battles in business and should therefore be avoided if at all possible. When someone allows pride and raw emotionalism to control their actions‚ they are likely to make decisions that‚ under normal circumstances
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Another man sees the same trees and thinks‚ "These trees would look good in people’s living rooms at Christmas. I wonder what they would pay for them?" The first man has an ordinary mind. The second‚ the mind of a natural-born moneymaker. In The Prime Movers‚ Edwin A. Locke provides some interesting insights into the way moneymakers think: He argues that an active‚ inquisitive mind is a hallmark of the successful entrepreneur. The most successful entrepreneurs in history‚ he says‚ had this sort
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