The Fourth Industrial Revolution is changing everything from the way our economies work as well as the way we relate to each other. It has been seen that the Previous industrial revolutions have enlightened humankind from animal power, made mass production plausible and brought digital abilities to billions of people. We are definitely at the beginning of the Fourth Industrial Revolution, which is fundamentally different. It is characterized by a wide range of new technologies that are fusing the
1. What do you see as the strengths and weaknesses of capitalism? Give some examples: Strengths: • Sense of free agency and choice all around • Incentive to work and create • “miracle of exchange” • Natural way to allocate Resources • Controls prices and profits through natural law of supply and demand- less supply and more demand= prices up • In human nature • Social Good • Equality • Greed that causes competition • Democracy • Growth • Happiness • Harmony. Weakness: • Dishonestly • Greed • Unstable
2. INTRODUCING LOGISTICS and TRANSPORTATION In this part of the report, I will explain that logistics and transportation in many aspects like logistics means, the role of the transportation in logistics chain. 2.1. What does logistics means? According the online dictionaries, logistics means that manage the goods flow between origin point and consumption point for meeting some customers needs and corporations needs. The resources of logistics include two different types that are physical and
population, but how many natural habitats may have been destroyed due to our cold, selfish and obnoxious nature? Or how much cubic tonnes of methane, Carbon dioxide or Nitrous oxide has been dumped into the atmosphere since we started the industrial revolution? Have we, as the human race, been a parasite to the world in which we live and depend on?
In India, it is estimated that internet advertisement has touched the revenue of Rs 80 cr. and expected to touch six times more than this within the next five years. Many Indian Industrial segment has accepted the internet medium for connecting with consumers. The segment includes the telecom, automobiles, education, banking and insurance, FMCG (Fast Moving Consumer Goods), durables, apparel/clothing, media, business services and
CHAPTER - I INTRODUCTION “History has come to a stage when the moral man, the complete man, is more and more giving way, almost without knowing it, to make room for the commercial man, the man of limited purpose. This process aided by the wonderful progress in science, is assuming gigantic proportion and power causing the upset of man’s moral balance, obscuring his human side under the shadow of soul-less organization.”- Rabindranath Tagore, Nationalism, 1917. Aristotle felt that the purpose of