Group Discussion

e-commerce

E-commerce Boon Or Bane.

E-commerce is the market where people can buy and sell goods on a digital platform. This enables the manufacturers to reach out to a huge customer base. It has several types such as B2C, B2B, C2B, C2C markets and e-commerce portals.

Now the main question is, whether E-commerce has benefited the market or not?

E-commerce has been a changing point for many young entrepreneurs. It has been a beneficial factor for all those who have wanted to create a mark in the business world. But it has also effected the other offline businessmen, big and small.

Following are the several points that will help us understand whether e-commerce is really a boon or bane to the current business world.

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economic

Big Economic Firms- The one’s you must know about

Economic firms also known as economic and financial consultancy firms. Those which help and guide companies in investing in the right way. Following are the economic firms:

  1. Berkshire Hathaway:

A Corporation that deals with several activities and gains revenue of whooping US $223.60 billion. The headquarter is located at Kiewit Plaza, Omaha, Nebraska, United States.

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NITI AAYOG

Introduction and Objective:

The National Institution for Transforming India (NITI Aayog), came in action through a resolution of the Union Cabinet on January 1, 2015. NITI Aayog is providing both directional and policy inputs. They design long term policy and programs and provide technical advice to the Centre and States.

The main objective of this program is to help people in need and bring the States of this country together in national interest which gives rise to Cooperative Federalism.

NITI Aayog has two hubs: – Team India Hub and the Knowledge and Innovation Hub. These both help in handling the two key tasks. One is handling the Central and States. Second is handling NITI’s think-tank capabilities.

 

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Molestation and Indian Mentality.

Women in India have been experiencing various forms of the dreadful acts i.e. molestation, rape, eve-teasing. These acts have turned out to increase in numbers in the coming days. Women have started questioning the government about their safety and the laws regarding the same. Indian mentality has still been the same in terms of topics related to men and women equality, molestation, and all things related to women empowerment and punishing the criminal.

There are debates rising about the way women dress up and on the clothes, they wear. It always comes down to Why was she there? What was she doing at that hour of the night? Why was she was wearing those clothes? Blah blah…. Molestation has been happening at a higher rate at places like Delhi, Bangalore, Andhra Pradesh, Maharashtra, Uttar Pradesh. There have been cases where children have faced physical, sexual, mental and emotional abuse.

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Welingkar GDPI experiences 2017

Following are the GDPI Experiences of the students at Welingkar, Bengaluru which happened on 29th and 30th of April, 2017.

Student 1

In the GD Room

GD topic: Indian firms are investing in the US, is it right or wrong?

First it started with the registration part with our score cards and admit cards. After that we were given a presentation on Welingkar College by its students. Then we began with the Group Exercise which includes Group Discussion and written test. The topic was given and some facts were also given regarding it.

We were given 5 minutes to think, 15 minutes to discuss and 10 minutes to write the conclusion.

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Donald Trump- Bright Future Of America

Donald Trump the 45th President of the United States of America was born on June 14, 1946 in Queens New York. He was a successful billionaire and a huge television personality before entering the politics. He is the supporter of the Republican Party. He was standing against Hillary Clinton for the final round of elections.

He has brought many new rules and regulations which have created a massive impact all over the world. He won the elections on November 8, 2016. Donald Trump is the first who has won without any military or government service. He is the oldest and wealthiest President.

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brexit

BREXIT- An Event That Created A Stir In The Global Economy

Brexit is a term used to describe the exit of Britain from the European Union. The European Union – often known as the EU – is an economic and political partnership involving 28 European countries. To decide whether they should be in the European union or not a referendum that is there were votes taken from all who were eligible to vote. This process took place on Thursday 23rd June 2016.

The result was in favor of leaving the European Union. The leave won by 51.9% to 48.1%. There were more than 30 million people voting and the turnout was 71.8%.

After the referendum was lost, Prime Minister David Cameron announced his resignation as the Prime Minister of UK. He was in favor of staying in the EU and he preferred best that the captain for this ship be different.

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Scheme

Gold Monetisation Scheme- to help receive better returns

What is Gold Monetisation?

Gold Monetisation Scheme is the scheme where a citizen can deposit their gold in return for interest or dividend.

Why is this scheme brought into action?

Normally, people keep their gold in the bank locker which turns out to be beneficial when they sell that gold to the present higher prices but along with that they also incur bank locker charges i.e. carrying cost, it is charged for the time the gold is kept in the banks locker. This scheme helps citizens to avoid such charges and earn interest on the gold deposited.

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demonetization

Demonetization- For Dark Indian Future

Demonetization is a process where the current currency loses its status. The recent demonetization that took place India on 8th November 2016 was a change that brought drastic changes in all the sectors on a global level.

The launch of new 2000 and 500 rupee notes caused a real chaos in the minds of the public and in the business market. The idea behind this step was to remove black money once and for all, and to expose whoever had this black money hidden with them.

The situation that occurred in the company were extreme. Daily there would be a long queue of public depositing their old 1000 and 500 rupee notes in exchange of the new ones. There were problems when money was not available in the bank and people who have been standing in line for the whole have been disappointed.

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