Golden Parachute A golden parachute is an agreement between an organization and an employee (usually a senior executive) stating that the employee will receive certain significant benefits…
Fiscal federalism Fiscal federalism is an economic framework for understanding the relationship between federal, state, and local governments that focuses on the division of spending and tax…
Digital Equipment Corporation Digital Equipment Corporation was a major American company in the computer industry from the 1960s to the 1990s using trademark digital. Most of the collections…
Department Store The department store is a huge retail store located in the central part of the city. It is divided into small shops or sections, dealing…
Customs Union The Customs Union is an agreement between two or more neighboring countries to remove trade barriers, reduce or abolish tariffs, and remove quotas. It is…
Culture System A cultural system is the interaction of different elements of culture. This is usually achieved through motivation, a process by which an older generation persuades…
A Journey by Boat A Journey by Boat In this fast modern age, a journey by boat offers a different taste in our communication system. A journey gives us…
A Journey by Train A Journey by Train First of all, a journey refers to traveling from one place to another. A journey is always an exciting experience for…
Corporation A corporation is a legal entity created for the purpose of profit by individuals, stockholders, or shareholders. Corporations enjoy most of the rights and responsibilities…
A Journey by Launch A Journey by Launch A few days ago, I had an opportunity to make a journey by launch. I was on the way back to…