Rich World‚ Poor World Samantha Valentine Dr. Rochelle Steward-Withers 131121 18 September 2012 Word count: 2275 Debt is made when one party owes party money (Oxfam‚ 2005). Just like people‚ governments of both developed and developing nations borrow money in order to function well and to maintain their economies (George‚ 1994). Debt is the economic mode that promotes economic activity in the global market (Lomborg‚ 2004). The acquisition of debt comes through loans‚ grants and aid
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It has been said that many organizations today find themselves DATA RICH → INFORMATION POOR → KNOWLEDGE STARVED It can be said today that many businesses are “data rich”‚ meaning that they have more raw data than they know what to do with. Most data rich businesses also find themselves “information poor”‚ meaning that they are not getting any useful information or value from their data. This in turn leads to organization’s becoming “knowledge starved”. In today’s competitive business environment
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Rich vs. Poor The poor hating the rich has already occurred earlier a few years back‚ when people started hating the rich because they were selfish and use money inappropriate ways. People eventually started developing jealousy among these rich people‚ and slowly away did they start riots and protests. There are many reasons why this has happened. Firstly this has happened‚ because these rich people and poor people are simply just different‚ any time there are different groups‚ especially two
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In the book Rich Dad Poor Dad by Robert T. Kiyosaki with Sharon L. Lechter the author who is also the narrator talks about how to educate yourself and your kids about money and how to control your money instead of letting it control you. The author grew up in Hawaii in a middle class family but had the chance to learn about money from his rich friend‚ Mike whose father in the book is referred to as his rich dad. The lessons concentrate on six major points of view that his rich dad taught him. He
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Rich Dad‚ Poor Dad Robert Kiyosaki and Sharon Lechter This book was written about a man who had “two fathers” ’ one who had a Ph.D and the other who barely finished 8th grade. One of the fathers was actually his friend’s father‚ but someone who the author looked up to and appreciated very much. The other father was his own ’ who he also looked up to and appreciated‚ but who did not teach him much about money or finance. The first lesson of this book is: the rich don’t work for money.
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REACTION PAPER IN FINANCE Fatima May Del Monte BSTM III This story about Rich Dad‚ Poor Dad it inspires a lot of people who already read this book. It gives us motivation in life. We all know everyone has a purpose in life. Educational attainment is important to have a successful life in the future. Treasure your knowledge about the things you’ve learned. Make some experienced like working in a company and pay yourself and buy a reward for you. By sharing your knowledge to everyone
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Poor little rich brands 1. Main ideas: -island for rich people which buy brands because this is what their local local stores sale only designer shops -new idea: big groups (LVMH=Louis Vuitton&Moet Hennessy) buy license from small rich groups to sell their products -big companies have the power and money to market products -little companies can`t afford it control whole value chain 2. Title of the case study: -small rich companies can`t afford it to advertise their products any more -designers
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How Living Poor or Rich may affect the Lives of Kids Written in: Grade 7 | Year: 2010 Jesse is like every other teenager: she dreams of graduating from high school‚ attending prom and then going off to college but she may never achieve these dreams because her family doesn’t have the money to pay for them. They are not homeless but with only little over $100 a month and many children to feed‚ they are forced to go to food banks and charities for help. Meanwhile‚ Alicia is relaxing beside her
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Lessons from “Rich Dad‚ Poor Dad” by Robert Kiyosaki Being rich in the near future is everybody’s dream. Our notion of being rich is having all the money to buy all our wants and needs without exerting much effort. As a child‚ we are sent to school for which the primary reason is to learn‚ so that in the future‚ we would obtain stable jobs. It is with this same reason that the author of the book emphasized why a lot never get rich. Through this reading‚ I gained a lot of insights which will help
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Rush Dad‚ Poor Dad Lesson One: The Rich Don’t Work For Money This lesson begins when Robert Kiyosaki and his childhood friend and business partner‚ Mike‚ want to learn about how to make money. The boys seek the advice of Mike’s successful "Rich Dad" and he teaches them to make money work for them. Their first task was to dust cans at the father’s store and only receive 30 cents a day as pay‚ this did not please Robert who thought it unfair to be paid so little. It is here that the boys
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