There is truth to the popular belief that toddlers of 2-3 years old are the most difficult to deal with. This is so because during this phase, toddlers are exercising and consolidating their newly acquired motor and language skills. They tend to speak or babble a lot and also run about the space at home. …
Tag: Prentice Hall
The dramatic differences found by Piaget in the development of preschoolers and elementary-age children
A child undergoes rapid physiological and cognitive developments in the first few years. Preschoolers or toddlers slowly shed their ‘ego-centric’ view. This means that a newborn baby does not have the capacity to think of and for others. This ability to understand that there are others in the world is slowly gained during the years…
Derivatives are toxic weapons of financial mass destruction?
Derivatives are an integral part of modern financial markets. Simply stated, a derivative instrument is a contract between two entities that specifies the values, dates, notional amounts and other conditions under which the transaction between them is to take place (usually at a future date). Derivates play an important role in streamlining economic activity, as…
The nature of personal selling and the role of the sales force
Sales are an important part of a company’s operations, for it is success in this department that enables it to reap profits. Depending on the nature and market for a particular product/service, the strategy of sales would also differ. Usually, salespeople acquire a dodgy reputation for being glib talkers and for selling products to customers…
Summary of chapters 3,4 & 5 of the book ‘The Economics of Women, Men, and Work’ by Blau, Ferber & Winkler
Chapter 3 of the book is titled The Family as an Economic Unit. Here the authors discuss the importance of the concept of family for the functioning of neoclassical economic models. In the United States and other Western capitalist democracies, the neoclassical economics is the dominant paradigm for analysis and policy. In this context, it…