Influential Figures Who Changed the World: Kroc, King, Jobs, Houdini, Mandela
1. Ray Kroc
Businessman in the fast-food industry
Five Facts
- Was born in 1902 in Illinois, USA.
- Was a milkshake-machine salesman.
- Met the McDonald brothers, who owned a successful fast-food restaurant.
- Was hired by them in 1954 and opened the first McDonald’s in 1955.
- Bought the McDonald brothers’ business in 1961 and started expanding it all over the world.
How Did He Change the World?
Ray Kroc changed the world by making McDonald’s a global restaurant brand. He developed a unique method of franchising
Read MoreCapital Assets, Family Pension, Depreciation, HRA and Gratuity Explained
Capital Assets
Capital assets include:
- Shares and securities
- Jewellery
- Mutual fund units
- Goodwill
- Patents and trademarks
- Stock-in-trade – goods held for sale in the ordinary course of business
Assets Not Considered Capital Assets
The following are generally excluded from the definition of capital assets under the Act:
- Stock-in-trade – goods held for sale in the ordinary course of business
- Personal effects – movable property used for personal purposes, such as clothes and furniture, except specified items
Information Security, Cybersecurity and UAE Data Protection Essentials
Information Security
Information security is the practice of protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, and destruction.
- Confidentiality: our ability to protect our data from those who are not authorized to view it.
- Integrity: our ability to prevent our data from being changed in an unauthorized or undesirable manner.
- Availability: our ability to access our data when we need it.
The Growing Importance of Information Security
- Growing
Value Chain, Transportation Modes and INCOTERMS in International Trade
Value Chain
Value Chain Definition: A set of sequential and interrelated activities that a company carries out to design, produce, market, deliver and support its product. The aim is to create value for the customer and generate a sustainable competitive advantage.
Mapping
Porter:
- Support activities: infrastructure, human resources, R&D, and procurement.
- Primary activities: operations, inbound and outbound logistics, marketing and sales, and service.
Margin = total sales value − expenses from primary
Read MoreRoman History: Origins, Conquest, and Imperial Power
Livy and the Foundation of Rome
Livy
Livy was a Roman historian writing during Augustus’s lifetime whose History of Rome described Rome’s development from its legendary beginnings. He preserved competing versions of early stories and compared ancestral virtues with the violence and moral problems of his own time. His work shows how history writing could construct Roman identity and provide examples of behavior for readers to imitate or avoid.Aeneas
Aeneas was a legendary Trojan survivor, son of
Global Trade, Comparative Advantage and International Physical Distribution
In this course, I will learn about air, water, land, and multimodal transportation, as well as different cargo types. I will analyze the importance of international transportation and how to choose the most efficient option. I will also study sustainability, circular economy, ecodesign in packaging, and packing and labelling as marketing tools.
PACKAGING, PACKING AND LABELING
TRANSPORT IN THE INTERNATIONAL PHYSICAL DISTRIBUTION
LEARNING ACHIEVEMENT
The student understands international trade, globalization,
Read MoreTechnology, Social Media and AI: Balancing Screens and Real Life
Technology, Social Media and Real-Life Experiences
- I can see a big crowd of young people at a concert. Almost everyone is holding a phone with the flash on. The lights make the place look beautiful, like stars in the sky. People seem very happy and excited.
- I think the image is connected to technology and social media. Smartphones help us share special moments, but sometimes they distract us from what is happening around us.
- I chose this image because it is realistic. I also take photos and videos
Conventional vs Non-Conventional Energy: Key Differences and Impacts
Difference between Conventional and Non-Conventional Sources of Energy
| Conventional Sources | Non-Conventional Sources |
|---|---|
| These are traditional sources of energy used for a long time. | These are alternative and relatively newer sources of energy. |
| Mostly include coal, petroleum and natural gas. | Include solar, wind, biomass, geothermal, tidal and wave energy. |
| Mostly non-renewable and cause more pollution. | Mostly renewable and comparatively cleaner. |
| Their reserves are limited and may get depleted. | They are naturally |
Direct Taxation Explained: Salary, House Property, Capital Gains and Business Income
Direct and Indirect Taxation – I (Direct Tax)
Meaning: Salary is the income received by an employee from an employer in return for services rendered.
Important Components of Salary
- Basic salary
- Dearness allowance (DA)
- Bonus and commission
- Pension
- Allowances, such as House Rent Allowance (HRA)
- Perquisites, such as rent-free accommodation
Important Points
- There must be an employer–employee relationship.
- Salary is generally taxable on a due or receipt basis, whichever is earlier.
- Advance salary is taxable
Energy vs Power Signals, Z-Transform and LTI Systems Explained
Energy Signals and Power Signals
Q1. Differentiate between energy signals and power signals. Can a signal be both? Find the energy of x(t) = e⁻²ᵗu(t). (5 marks)
Energy of a signal: E = ∫|x(t)|² dt over (−∞, ∞). For a discrete signal, E = Σ|x(n)|² over all n. Average power: P = lim (T→∞) (1/2T) ∫|x(t)|² dt over (−T, T).
Difference:
- Energy signal: 0 < E < ∞ and P = 0. It is finite in duration or decaying. Examples: rectangular pulse, e⁻ᵃᵗu(t) for a > 0.
- Power signal: