BUSINESS

Exigent Circumstances for Warrantless Searches and Seizures   The fourth amendment to the US constitution protects the people of America against warrantless searches and seizures. Though the protection applies to both arrests and seizures, it is applied with less force to arrests. Unless the circumstances are really demanding, a warrantless search would be considered to […]

A Brief History of psychology: Most important developments since its foundation Psychology is defined as the scientific study of the human mind and its functions, particularly the ones affecting human behaviour. However, psychology also studies human behavior and the processes behind it. Still, there is little agreement among scholars over whether psychology is a scientific study.

ConAgra Natural Gas Explosion and Ammonia Release – Purging Gas Piping Into Buildings – a dangerous practice   Date June 9, 2009. Venue: Con Agra Slim Jim Production facility at Garner, North Carolina. The catastrophic gas explosion at Con Agra had caused a large number of deaths as well as damage to property. The natural

Economic boom of the middle ages – Main Reasons The 12th and 13th centuries had seen unprecedented economic growth. This economic boom of the middle ages was based on four main factors. These factors are territorial expansion, innovation in agriculture, developing cities and rising trade. These factors together led to fast economic growth at a level

A PESTLE analysis of the airline industry: The economic recession in the last decade shook the entire industry. There were very few sectors that could perform well in the face of economic turbulence. Even the airline industry was deeply affected. Except for these economic fluctuations, both the world economy and the global airline industry have been doing

A SWOT Analysis of the e-retail giant Amazon (2016) Online retail  has grown exponentially in the last decade. At the forefront of this growth is Amazon (NASDAQ: AMZN). Its worldwide presence and popularity both have surged rapidly. 2015 ended at a very happy note for the e-retailer. It was the happiest of all the 21 years Amazon has

Should the drinking age be lowered?   Alcohol is known as the favorite drug of the American teenagers. The high prevalence of binge drinking is particularly a worrisome trend. Considering these factors, a large number of people believe lowering the drinking age can change things. However, there are both pros and cons to it that are a

Joint Commission: an Introduction The Joint Commission was founded as an independent non-profit in 1951. Since then, it has continuously worked to improve the condition and quality of healthcare in US. Its primary aim  is to improve the quality of care and provide healthcare organizations with necessary support and guidance. It evaluates and accredits the healthcare

Collaborative Economy: Pros and Cons Collaborative economy and micropreneurship are among the most talked of topics of the decade. Micropreneurship and microfinance, both are related to collaborative consumption and sharing economy. Microfinance refers to financial aid in the form of financial products and services for the economically backward. This sector has seen dramatic growth during

The Wealth of The Nations by Adam Smith: Division of labor   The Wealth of The Nations by Adam Smith was published in 1776. Book 1 of ‘The Wealth of Nations’, deals with Division of labor. Smith’s book had been published at the dawn of the Industrial age. However, it was also the time when

Bandura’s Social Learning Theory Albert Bandura, was born in December, 1925 in Canada. He is well-known for his social learning theory. Recently, he renamed the theory social cognitive theory. Bandura is generally known as a cognitive psychologist. It is mainly because of his focus on motivational factors and other mechanisms related to a person’s social behaviour. The

SOCIAL FACILITATION THEORY Social psychology deals with our everyday lives and social dynamics. It is the study of how people think or influence others. People’s relationships or how they relate with others is also an important topic in it. The beginning of social psychology is marked by the social facilitation theory. It was Norman Triplett who

Academic Integrity and Ethics The debate around academic integrity has kept stretching for long. Now-a-days there are software like turn it in which can easily detect plagiarism. However, the real issue is not to find out plagiarism but to encourage students to produce original work. The real question behind plagiarism is that of creativity and productivity. Generally, plagiarism

What are the methods of  Alternative Dispute Resolution? ADR

What are the sources of innovation? Innovation has become the buzzword of the industry in the 21st century. From business to other areas everywhere innovation is being talked of. Several emerging businesses have proved that innovation can be the way to the top. From Amazon to Google and Facebook, all have proved it.  Many times

Importance of logistics in supply chain management Logistics Management

Legalization of Marijuana Legalizing marijuana can be risky according to many and  still, the number of people supporting its legalization has kept growing. Marijuana has always been a controversial topic. It is because pot smoking despite being a part of the American culture has been associated with drugs and addiction. However, it seems this may be

CVS Health continues to grow through diversification and acquisitions. (A Brief History) Foundation CVS health (NYSE: CVS), one of the most outstanding success stories in US healthcare, has seen rapid growth since its foundation. In these 50 years since its foundation, CVS health has achieved enormous presence and reach in US with its 7800 retail stores.

Marbury v Madison, 1803 (Landmark Supreme Court Cases)   In the series of the landmark cases decided by Supreme Court, the first one is Marbury v Madison, 1803. It was a complicated case and the first where Supreme Court applied its power to judicial review. Judicial Review refers to the power of US Courts that they can use

Hunting and Gathering in the Foraging Societies    Prior to living in houses and in large groups, humans used to live a nomadic life. In the ancient ages when humans could not grow their food, they had to depend on wild animals, nuts and roots for nutrition. Long back all the humans lived in small

The depiction of human form in ancient art. Since the ancient ages, the human form has remained central to art. Different ages and different artists have depicted it in their own unique style. Its depiction in art had begun right from the Paleolithic age. With each passing age, the depiction of the human form grew more

Affirmative action Policies: Affirmative or Negative The debate over whether the Affirmative action laws achieved the intended outcome has continued for long. If we are to believe the critics of affirmative action, the laws have achieved anything but equality. The laws have given rise to more discrimination against the minority and the women. Affirmative action

Darwin and Darwinism : DARWIN’S THEORY OF EVOLUTION We know Charles Darwin for his theory of evolution. However, many of us do not know he was not the first person to propose a theory of evolution. He was not the first naturalist to have proposed a concept of evolution or that species undergo important changes over time.

Blue Ocean Strategy: How did Wii prove a game changer for Nintendo? Innovation is always a great strategy and businesses rather than competing in limited spaces should search for new areas or bring innovative products and services that address new needs. Being caught in traditional areas, trying hard to beat the competition can often lead

Explain subrogation in an insurance contract. Subrogation in its most common form may be considered as substitution. In simpler words it is the substitution of the insurer to the insured’s rights. The question is  ‘why the substitution’. It is because the first party or the insurer has made a payment to the second party or

BUDGET DEFICIT Budget deficit means a financial condition where the spending is above the earnings or revenue. The term is used in the context of the government and is measured generally over the period of one year. Budget deficit implies the difference between the government’s income and expenditure. Expenditure roughly includes everything the government buys

Intentional and Negligent Torts By definition Tort is a civil wrong that can be redressed through award of damages. Law has recognized torts as civil wrongs that become grounds for a lawsuit. These wrongs may result in harm or injury on whose basis the injured party can make a claim. Mainly the tort law aims to provide

Vicarious Liability: (Held liable for the employee’s conduct) Vicarious liability means indirect liability. It arises in cases where the liability of a person’s actions falls on someone else due to the degree of control he exercises on the person accused of misconduct. In the area of employment, the liability of an employee’s acts may fall

What are the differences between employee and independent contractor? At several points it becomes essential for businesses to differentiate between an employee and an independent contractor. There are several points of distinction between the two. Of all the factors that affect one’s status as an employee or a contractor, it is the degree of control

Partnership in Business and Its Types Partnership: Partnership implies shared ownership where two people or more share the ownership of a single business. The partners don’t just share the profits and losses of the business but contribute to every aspect of the business, whether it is the money, resources, labor, or even skills. Since a partnership

 What is a sole proprietorship? What are its advantages and disadvantages? Sole proprietorship is the most common form of business. It is also the simplest structure and the one that is the easiest to start, usually requiring no or scarce formal action. The most important feature of a sole proprietorship is that there is no distinction

Reasons behind the fall of Kodak Kodak had a magical rise but an even disastrous fall . It was the leader in photography business, but even the giants fall to the blow of time and while significant changes occurred around, Kodak remained stuck. The company was unwilling to change and there were many reasons behind it.

Elements in a legally enforceable contract Contracts: Contracts are a very important part of business agreements. Before two parties form an agreement it is essential that they know their duties and benefits well. Each party is required to perform its duty. Contracts are promises that are enforceable by law. Two parties are believed to have

 Explain Subrogation in an insurance contract.   Subrogation in its most common form can be understood as substitution. In simper words it is the substitution of the insurer to the insured’s rights. The question is  ‘why this substitution’. It is because the first party, the insurer made a payment to the second party, the insured and for