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Leader is a person who triggers and can't be defined as a person who initiates. A large part of being a student is to become a leader. Many strive hard to achieve that and fails. We often define a leader as a guiding individual who is first to initiate an idea or a movement. This video by TED Talks presents an alternative definition of leadership. In the video , the man begins to dance in front of a crowd . Soon, a second person joins and starts a chain reaction , with others doing the same . In many cases it is the first dancer who is considered as a leader because he starts the movement. However , the video shines light on the second dancer , and he is who transforms a single nut into a leader in the eyes of the public. Many of us are in a mad rush to be first , but we rarely stop to think if this is the right decision to make, as a leader . It is n ot always in the chronological order of the events that define a leader....

When it comes to income and debts, bonds and debentures must be considered. Both bond and debentures belong to the classification of fixed income instruments. Holders of these instruments get the fixed income through the payments of interest. The interest will depend on the principal amount of purchase. It is very important to know the use and sources of these two. It is also very important to know the difference between these two either. Having the right information on these two instruments will definitely keep your money safe. Current interest rates indicate the prices of bonds and debentures. These rates are constantly fluctuating. Their prices are affected by many factors. One of the most important factors that affect these rates is the future prediction of inflation. During the rise of inflation, the prices of the fixed income fluctuate. Other factors that affect the prices of these instruments are general terms, level of supply and demand, attractiveness of the issuer, ...

There was a time when the concept of creativity was only associated with writers, painters, musicians and similar people in artistic professions. But with the ever-increasing necessity of cultivating a unique brand personality, the need for creative thinking has transitioned from the arts into everyday business. In addition, the act of producing a product that distinguishes itself from competitors in a marketplace where differences are often hard to come by demands a high degree of creativity both in innovation and marketing. As a result, it’s now become commonplace for companies – both large and small – to adopt policies that foster creativity and thereby promote innovation. But what is meant by creativity? And how can it be harnessed effectively? Defining the Creative Environment Creativity is the mental and social process used to generate ideas, concepts and associations that lead to the exploitation of new ideas. Or to put it simply: innovation. Through the crea...

The distinctive culture of south India lends itself to a number of unique and fascinating attractions. these south India culture attractions will provide you with an unforgettable glimpse into the South Indian way of life. 1) Carnatic Music First of all we can have a look in to the most exciting one, Carnatic music - which is the classical style of south Indian music, dating back to the 15th century. its most common form is the kriti - a composition based on a fixed raga ( which mean s the melody of music ) and the tala ( the rhythm of music ), which involves a great deal of improvisation. The greatest concentration of Carnatic musicians are found in the city of Chennai, the capital of Tamil Nadu and one of the four major city in India. If you're a fan of carnatic music, you shouldn't miss the Chennai Music Festival (which is also known as the Madras Music Session), held annually in Chennai from mid December to mid January. Over 1,000 perfoma...

An introduction to the financial statements The purpose of the three main financial statements is to report the  business’s financial performance and position to external users of  accounting information. It is important that they only reflect the  transactions of the business, and not the transactions of its owner(s). Although the business is accounted for separately to the owner’s personal  belongings and transactions, sole traders and partnerships are not  regarded as being legally separate from their owners. Companies are  different because the business is treated as being legally separate from its  owner(s) (who in this case are called shareholders). This means that there  are more rules about the preparation of financial statements for companies,  and there are also some items (such as ‘share capital’) that only appear in  company financial statements. The three main financial statements are the balance sheet (BS), profit  a...

Both professions are about counting money, but there is a big difference between managerial accounting and financial accounting. Accounting inside a company or the organization is called managerial accounting, while accounting outside of a company or an organization is called financial accounting. This is the main difference between the two, In managerial accounting, reports can be made daily, weekly, or monthly. The reports are very important because they can be used to predict the future outlook of the company, especially the company’s financial statement. In contrast, financial accounting reports are done during a fiscal year or during a period. The financial reports have value when evaluating the past, present, and future and can help you make wise decisions when it comes to investing. Managerial accountants do not disclose financial statements very easily. The reports are confidential, containing information that is only for the organization. That is becau...