Aside from our water and food resources needs‚ energy can be considered as one of the world’s most important recourses. Our world has been supplied with two types of energy‚ the Renewable energy and Conventional energy. From the past decades‚ energy has been a huge help on the economic growth. Through the distribution of energy to the world it has been providing much efficient growth on discovering new technologies and giving job opportunities that drastically helped our local and global economy
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Differences between Islamic and Conventional Financial Planning Financial planning is the process of creating strategies in managing financial affairs to meet life goals and the role of the professional financial planner is to analyse the financial circumstances of the client and to provide a plan to meet the client’s financial needs and goals. In carrying out his mission‚ the financial planner shall provide impartial assistance and act in the best interest of the client. For the Islamic financial
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THE DIFFERENCES BETWEEN CONVENTIONAL AND ISLAMIC ACCOUNTING ABSTRACT The concern of this project paper is to explore the differences between Islamic accounting and its conventional counterpart. The distinctions need to be addressed as both accounting is presently thought of many people as synonymous. There is danger for such kind of perception because the basic building blocks for respective accounting are worlds apart. As for professional accountants who have been taught on the idea for accounting
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THE DIFFERENCES BETWEEN CONVENTIONAL AND ISLAMIC ACCOUNTING ABSTRACT The concern of this project paper is to explore the differences between Islamic accounting and its conventional counterpart. The distinctions need to be addressed as both accounting is presently thought of many people as synonymous. There is danger for such kind of perception because the basic building blocks for respective accounting are worlds apart. As for professional accountants who have been taught on the idea for accounting
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Basically‚ the basic idea of Takaful is similar to conventional insurance. Both are aims to provide protection to individuals or corporate bodies from occurrence of loss and hazards‚ which it is a mutual financial transaction to safeguard against unexpected risk. These two contracts have the common objective of reducing a financial burden arising from any disaster or accidental loss like fire‚ flood‚ or storm. Takaful needs to be operated within Islamic principles which it must be Shariah compliance
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Fisk Food and Well Being Organic Vs. Conventional The newest craze in today’s society is living a healthy lifestyle. Mainly through diet‚ people have been trying to eat healthier foods as well as foods that are better for them. A big factor in many health-conscious buyers decision is one word: organic. If a food holds the word organic it is assumed better then any regular‚ conventional food. But is that true? Is organic food better for you then conventional food? A persons decision should be based
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industries attractiveness and long run portability which they are The 5 competitive forces are the threat of entry of new entrants‚ the threat of substitutes‚ the bargaining power of suppliers‚ the bargaining power of buyers and the degree of rivalry between existing competitors. It is Tesco’s job to identify all these to analyse the competitive environment. The threat of new entrants to Tesco’s is very unlikely due to Tesco’s large percentage of market which Tesco have revealed is at 29.9% as shown
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In the present society‚ the whole world ’s economy is composed by numerous companies and organisations. The managers are considered imperative to the operation of a company since they have to plan‚ organise‚ lead and control the whole organisation‚ in order to ensure the healthy operation of the whole company. "A manager is someone who coordinates and oversees the work of other people so that organisational goals can be accomplished. "(Robbins‚ Berman‚ Stagg and Coulter 2008‚ p. 8) In general‚ the
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Organic Farming vs. Conventional Farming There are various reasons of why organic farming is more sustainable than conventional agriculture. Concisely‚ the most important reasons can be explained as under. If we grow food organically‚ it benefits the soil‚ water cycles and biodiversity. The author T. Singh (2004) writes that the Green Revolution technology “has been very successful in achieving spectacular results in food grain production during the last three decades. However‚ signs of fatigue
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Art of Managing Virtual Teams: Eight key Lessons Charles Wardell Summary In today’s world‚ it is not enough just to have a virtual team in place. What is more important is how manage them and maximize the benefits of such a structure. In this article‚ Charles has stated eight key lessons that he believes are vital for effective virtual team management. These lessons are: 1. First learn to manage a regular team before jumping into a virtual team. Also‚ emphasis should be on managing people
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