Saturday, 31 January 2015

Agent and Infrastructure

Agent and Infrastructure
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Agent and Infrastructure

Term of the Day

agent

party that has express (oral or written) or implied authority to act for another (the principal) so as to bring the principal into contractual relationships with other parties. An agent is under the control (is obligated to) the principal, and (when acting within the scope of authority delegated by the principal) binds the principal with his or her acts. Additional powers are assigned to...
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Usage Example
Through experience and industry knowledge, a real estate agent has the ability to provide hundreds of different and often highly creative options that enable people to purchase a home, land, business space or commercial property.
Term of the Day

infrastructure

The basic physical systems of a country's or community's population, including roads, utilities, water, sewage, etc. These systems are considered essential for enabling productivity in the economyDeveloping infrastructure often requires largeinitial investment, but the economies of scale tend to be significant.
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Usage Example
Common target countries and considerations include China, Latin America and developing third world nations, which lack infrastructure but are rich in natural resources.
Notable Quotable
"Power (n): The only narcotic regulated by the SEC rather than the FDA." 
-Anonymous

Friday, 30 January 2015

Two Terms-Policy, Corporation.Thought - Daily Corruption

Two Terms-Policy, Corporation.Thought - Daily Corruption
Dhananjay Parkhe

Senior Citizen, Amateur Artist.

Two Terms-Policy, Corporation.Thought - Daily Corruption

Today I share with you two known terms - Policy and Corporation with a Notable Quote and some interesting links from Daily Corruption News worldwide which I subscribe to.
Term of the Day

policy

1. Politics: (1) The basic principles by which a government is guided.
(2) The declared objectives that a government or party seeks to achieve and preserve in the interest of national community. See also public policy
1. Insurance: The formal contract issued by an insurer that contains terms and conditions of the insurance cover and serves as its legal evidence
1. Management: The set of...
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Usage Example
Sometimes in the workplace, what the policy says to do and what people are doing are two different things.
Term of the Day

corporation

The most common form of business organization, and one which is charteredby a state and given many legal rights as an entity separate from its owners. This form ofbusiness is characterized by the limited liability of its owners, the issuance of sharesof easily transferable stock, and existence as a going concern. The process of becoming a corporation, call company...
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Usage Example
Deciding which type of corporation is the best for your business can be a confusing and tedious task.
Notable Quotable
"It's no accident that the largest investment house in the world, Merrill Lynch, has a bull for a mascot, and took 'Bullish on America' for its corporate motto. No investment house has dared adopt the slogan 'Bearish on America', even during market decline." 
-Anonymous
29 January 2015
Today's top story
GlobalTransparency International battles corruption worldwide
Christian Science Monitor (TI mention)
When Carmela, a middle-aged woman in a makeshift homeless settlement in Venezuela, witnessed her grown son being beaten and dragged out of his apartment by the police, she knew that arranging for his freedom would be a difficult task.
More news
Blogs and opinion
SpainPodemos maybe could
Breaking Views
News from Transparency International
Your suggestions and ideas welcome.

Quotes of the Day

Collection of superb hard hitting humorous comments on govt, politics, bureaucracy "In my many years I have come to a conclusion, ... ...