International Maritime Bureau (IMB)

By | June 13, 2018

The International Maritime Bureau (IMB) has MOU with the World Customs Organization (WCO) and has observer status with Interpol (ICPO). IMB’s primary responsibility is to protect the integrity of international trade by seeking out fraud and malpractice. For over 25 years, it has used industry knowledge, experience and access to a many well-placed contacts around the world to do this:… Read More »

Relationship of Finance to Economics and Accounting

By | June 13, 2018

Financial management has a close relationship with economics on the one hand and accounting on the other. Relationship of Finance to Economics: There are two essential linkages between economics and finance. The macroeconomic environment defines the setting within which a firm operates and the microeconomic theory provides the conceptual underpinning for the tools of final decision-making. Key macroeconomic factors like the… Read More »

Different Types of Clouds

By | May 20, 2018

Clouds are defined as aggregates of innumerable tiny water droplets, ice particles or a mixture of both in the air generally much above the ground surface. Clouds are formed due to condensation of water vapor due to the uplifting of air known as adiabatic cooling. Different types of clouds are generally classified on the basis of their form,… Read More »

How Technology Benchmarking Process is Done

By | May 13, 2018

Technology benchmarking is a process by which an enterprise performs a direct comparison of its technical performance and other entities with similar operations. Technological metrics are an important element in benchmarking process. The evaluation can be with competitors or others who are best in the world in that particular technology. The benchmarking process consists of ten steps and… Read More »

Different Types of Foreign Exchange Transactions

By | May 13, 2018

A foreign exchange transactions is a contract to buy or sell a quantity of one currency in exchange for another at a specified time for delivery and settlement and at a specified price (exchange rate). These transactions take place in foreign exchange markets. Regarding counterparties and settlement dates, the forex transactions are classified in many categories as trade transactions,… Read More »

Technology Transfer Approach of United States for Development

By | May 13, 2018

The United States of America is by far the most intensive technology producing country in the world. United Nations leadership in science is evident from the nation’s large number of Noble Prize Winners in science, more than twice that of each of its closest competitors, The United Kingdom and Germany. The creation of technology in the United nations… Read More »

Technology Transfer Approach of Taiwan for Development

By | May 13, 2018

Taiwan’s approach to technological development and technology transfer is a great success story. In Taiwan, industrial technology research and development is enhanced by a nonprofit corporation known as the Industrial Technology Research Institute of Taiwan (ITRI). This institute conducts technical Research and development (R&D) on targeted projects directed and funded contracts from Taiwan’s Ministry of Economic Affairs, a central government… Read More »

Woollen Textile Industry in India

By | May 13, 2018

The first woolen textile industry (mill) was set up in 1876 at Kanpur because Kanpur was the principal depot for the British Indian Army. The woolen textiles industry in India is partly a cottage industry and partly a factory industry. The organized sector has three sub-sectors: Woolen (superior yarn for fabrics and hosiery); Worsted (medium quality goods –… Read More »