Category Archives: Business – Economics

The three principal ways of organizing a business are: as a sole proprietorship, as a partnership, or as a corporation. There are three major types of bankruptcy proceedings. A classic public relations technique is call The Rule of Threes.

Disney Club 33

Disney Club 33
Disney Club 33
One of the most expensive clubs on the planet. Not many people know about it but Club 33 At Disneyworld has a 14-year long waiting list. If you happen to get on the list, a $40,000 initiation fee is required. Plus, you have to be the annual fee of $27,000.

The Club is entirely of limits from the public. Its members include Presidents of the United States, business leaders, and actors.

Germany Outlines Three Laws of Robotics for Self-Driving Cars

Mike Brown September 8, 2016 Driverless cars

Germany is gearing up to lay down the ethical foundations for self-driving cars, banning A.I. from making decisions that could harm one group of people over another. The country’s transport minister has outlined the basis for future legal guidelines for driverless vehicles, rules that echo Isaac Asimov’s three laws of robotics, which manufacturers will be expected to work towards ahead of formal legalization.

In an interview with Wirtschaftswoche published Thursday (translated by A9T9 from German), transport minister Alexander Dobrindt stated there will be three key rules:

(1) “It is clear that property damage takes always precedence of personal injury.

(2) “There must be no classification of people, for example, on the size, age and the like.”

And

(3) “If something happens, the manufacturer is liable”
Continue reading Germany Outlines Three Laws of Robotics for Self-Driving Cars

3 Primary Reasons the Swiss Medical Board Recommended No More Systematic Mammograms

mammogram
In a perspective piece published in the New England Journal of Medicine,two members of the Swiss Medical Board’s expert panel explained how they reached their conclusions. Three primary factors came into play: 
1. Outdated Clinical Trials
Continue reading 3 Primary Reasons the Swiss Medical Board Recommended No More Systematic Mammograms

College funding explainer: The three options to pay for third level

Among the options are increasd State-funding and a student loan scheme
Updated: Mon, Jul 11, 2016, 11:25

Carl O’Brien

The expert group report on the future of higher education funding studied approaches used in other countries – Norway, The Netherlands, Australia, England and the US – and identified three main funding options the Irish system.

These are:

  1. A State-funded system
  2. Increased State funding with continuing student fees
  3. Student loan scheme, along with increased State-funding

Continue reading College funding explainer: The three options to pay for third level

How Hillary Clinton defined her historic moment

Democratic presidential nominee Hillary Clinton
Democratic presidential nominee Hillary Clinton

Philadelphia (CNN)

As Hillary Clinton playfully batted away an avalanche of balloons Thursday night, she appeared proud, happy and reconciled to her historic moment.

She had accepted the Democratic nomination with “humility, determination and boundless confidence in America’s promise,” taking her place as the first woman to lead a major presidential ticket on a night pulsating with emotion.
“When there are no ceilings,” she declared, “the sky’s the limit.”

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3 Simple Phrases Great Leaders Always Use

July 23, 2016 • 311 Likes • 20

leadership
leadership

“By habitually using these 3 phrases, you will strengthen your ability to effortlessly lead others in the direction that you want them to go. And that simply will make your role as a leader much more powerful and meaningful – something we all want when leading other people.”

They are:

  1. “And here’s why…”
  2. “Would you mind…”
  3. “Does this make sense?”

An often-cited but frequently misunderstood communication study completed by UCLA researcher Albert Mehrabian found that  93% of communication comes from something other than the words used.

Translation – only 7% comes from the actual words themselves.
Sounds pretty straightforward, right?

So why is this nugget of useful information so commonly misunderstood? Because in reality, the study doesn’t really relate to understanding the literal meaning of the words that are communicated.

It really relates to the impact of the words or the impression the person has of the communicator.

Continue reading 3 Simple Phrases Great Leaders Always Use