Factors of Production and Non Performing Assets

Land, labour, capital, organisation, science and technology are known as the factors of production. Their availability is variable from country to country. In some countries their cost is lower and in others they are expensive. Their supply depends upon several factors. Hence, the governments do offer several subsidies and incentives to encourage production. Thus, the cost of production is variable from country to country. There are several types of incentives being offered to the entrepreneurs.

Similar to the non performing students and governments, there are non performing assets too. Such assets do not yield the expected income to the bankers.

A talented female student did borrow the required amount from a bank for her higher education abroad. Since she is a talented student, she could score very high marks and also topped the university in the U.S.A. There were so many job offers to her, hence she could repay the loan borrowed from the bank in time.

An enthusiastic entrepreneur was in search of all the factors of production. He is talented but he was in need of capital. He approached a bank for capital. Due to his assurances, the bank could lend him the amount demanded by him. He started an educational institution in the sub urban area of a metropolitan city. Due to heavy competition among the capitalists, his business did not succeed!. In other words, what ever he expected from the business, did not yield the results. Hence, he could not repay the loan borrowed from the bank! The bank declared the asset as a non performing asset.

In an another incident, an entrepreneur did analyse the market conditions very well and borrowed huge amounts of loan from a nationalised bank. He did utilise some political influence too to get the loan from the bank. He bought all the factors of production. He did invest a part of his borrowed loan on research and development too. His intention was to produce export quality engineering goods. But there has been a heavy competition in the international market! In other words, his firm’s production cost was higher than that of the remaining international producers. Adding fuel to the problem, the governments policies related to international trade too were discouraging. Thus his company’s produced goods total cost was very high when compared to the other exporters!.

Hence, he could not repay the loan borrowed from the bank and as usual the bank declared his assets as non performing assets.

Thus several factors do play a dominant role in the success of any business activity.

Womens Safety – Protect Yourself With Knowledge and Technology

Brains over brawn and technology over everything else. This day in age, innocent people–especially women–are victimized every second of every day. But there are steps you can take to protect yourself using knowledge and technology. Notice which comes first there; it’s important to realize that you have the choice to control much of your own safety.

Since the dawn of time, women have had the under-hand when it comes to physical strength. However, this has meant less and less as our society has become more “civilized” and our weapons more advanced. Women should embrace this fact and take the steps necessary to protect themselves. In addition to the multitude of products out there, I believe all women should take at least a beginner self-defense course.

One thing that has NOT changed is that your most powerful weapon is still your mind. To be safe and avoid becoming a victim, think about the situations you put yourself in on a daily basis. Where do you park your car? Where do you go for runs? Do you go out alone or in groups? When do you go out? What type of bar do you go to? These are simple questions with very complex implications.

What HAS changed? The tools that women can use to defend themselves and the ease to acquire these tools. From Lip Stick Pepper Spray to Key Chain Alarms. From the Pretender 950,000 Volt Cell Phone Stun Gun to the Stun Master 800,000 Volt Telescopic Stun Baton. From the TASER C2 with Laser Sight to the Inter-galactic Laser Death Ray. OK that last one is science fiction, but I hope you’re getting the point.

The options available make it comfortable, convenient, and covert to stay safe, so people are out of excuses. There are countless things that women can do to protect themselves. But start simple: Consider the decisions you make on a daily basis that could put yourself in harms way. Then consider taking steps to protect yourself from that and from the dangers you can’t predict. Take your safety into your own hands.

Science, Technology, Biology And Our Future

A new era of science has begun. Starting now, and lasting for at least the next 15 years, many discoveries will be made and found at an incredible rate. Of course we will have incredible discoveries 15 years out, but right now marks a particular point in our history within science and technology that will shape our lives for many years ahead, and will revolutionize our thinking. Here are just a few of those things that will change the world.

Within the past year a new form of stem cell research has begun. Stem cell research has always been riddled with controversy because of the need for human embryos. A new technique is being perfected that allows scientists to take the skin cells off of a patient and essentially transform them into stem cells (this has currently only been done on animals). With a patient’s own stem cells now (from the patients skin, no embryos needed) available they can then convert them into any cell in the body and replicate them. This is huge, and advancements can come quickly now because human embryos aren’t needed and politics won’t get in the way.

Recently The Large Hadron Collider project announced it’s soon-to-be completion. They installed the last major part in this huge under ground particle accelerator. Scientists are hoping by bashing elements and atoms at near light speeds they can unravel many of the mysteries in science and quantum mechanics. The Large Hadron Collider will possibly tell us if there are other dimensions, and possibly make Michio Kaku happy by also letting us know if strings do exist (sub atomic scale) and if String Theory is fact.

Lastly, we are also entering a new telescope type era. The Large Binocular Telescope has officially announced its competition. It has two 8.4 meter mirrors to view the night sky like never before. It will have ten times the resolution of the Hubble Telescope. Coming up we have the Kepler Mission which will look at 100,000 stars and look for earth-like planets in space. We also have the Giant Magellan Telescope, and The Thirty Meter Telescope (Major Funding By Gordon Moore) slated form completion by 2015.

Within the next 10 years these telescopes will be able to confirm if there are truly rocky earth-like worlds out there with the ingredients for life. Our new science is telling us that at least a quarter of all stars have planets orbiting them. Considering that there are about 400 billion stars in our galaxy, and at least 100 billion galaxies, the odds are great for earth-like planets to be around. We already have confirmed multiple rocky slightly larger than earth planets in the habitable zone. With our new technology and telescopes we can see just how many there are, and exactly what their atmospheres are made out of.

Going a step further. It’s possible we will make one of the biggest discoveries of all time within the next 20 years if we continue at the rate of technological advancement that we are going at. We may possibly know the answer to if there is other life out there, not from earth. I personally believe it could simply be there is or isn’t, but the scientific community is saying within 15-20 years we may finally have an answer.

Concluding. We are making huge advancements in medicine, technology, space, and other areas. It’s interesting to see how far we have come as a civilization. Hopefully along with our advancements we still realize how important the simple things are and keep our earth healthy and clean. It is an exciting future, enjoy the ride.