La drogadicción puede entenderse como una enfermedad que consiste en la adicción o dependencia a sustancias tóxicas que afectan el sistema nervioso central y varias funciones cerebrales, produciendo efectos fisiológicos y psíquicos que se manifiestan como alteraciones del comportamiento, las emociones, el juicio y la percepción del entorno.
The document discusses different forms of market efficiency according to the Efficient Market Hypothesis (EMH). It defines weak, semi-strong, and strong forms of efficiency based on what information is reflected in market prices. Weak-form efficiency means prices reflect all historical price information, semi-strong means they reflect all public information, and strong form means they reflect all public and private information. The document summarizes various studies and evidence related to testing each form of efficiency through analyses of market anomalies, event studies, and performance of professional investors.
The document provides an overview of key financial and accounting concepts including the three main financial statements, the accounting system, income statement, balance sheet, equity, taxes, and their interrelationships. It explains how financial statements are generated, accounting periods, and key elements of the income statement and balance sheet such as assets, liabilities, equity, revenues, expenses. It also summarizes corporate and personal tax systems.
1. Ratios and rates can be used to solve real-life problems such as fuel efficiency.
2. A ratio compares two numbers as a fraction, while a rate compares different units.
3. Proportions set two ratios equal and can be solved using the cross product or reciprocal properties.
The document discusses key concepts in data warehousing, data mining, and knowledge management. It defines a data warehouse as the main repository of an organization's historical data. Data mining analyzes patterns in large datasets to extract knowledge. Knowledge management is the process of creating, maintaining, and sharing knowledge to create business value. It discusses technologies that support these areas like data warehouses, data mining tools, and knowledge repositories.
La drogadicción puede entenderse como una enfermedad que consiste en la adicción o dependencia a sustancias tóxicas que afectan el sistema nervioso central y varias funciones cerebrales, produciendo efectos fisiológicos y psíquicos que se manifiestan como alteraciones del comportamiento, las emociones, el juicio y la percepción del entorno.
The document discusses different forms of market efficiency according to the Efficient Market Hypothesis (EMH). It defines weak, semi-strong, and strong forms of efficiency based on what information is reflected in market prices. Weak-form efficiency means prices reflect all historical price information, semi-strong means they reflect all public information, and strong form means they reflect all public and private information. The document summarizes various studies and evidence related to testing each form of efficiency through analyses of market anomalies, event studies, and performance of professional investors.
The document provides an overview of key financial and accounting concepts including the three main financial statements, the accounting system, income statement, balance sheet, equity, taxes, and their interrelationships. It explains how financial statements are generated, accounting periods, and key elements of the income statement and balance sheet such as assets, liabilities, equity, revenues, expenses. It also summarizes corporate and personal tax systems.
1. Ratios and rates can be used to solve real-life problems such as fuel efficiency.
2. A ratio compares two numbers as a fraction, while a rate compares different units.
3. Proportions set two ratios equal and can be solved using the cross product or reciprocal properties.
The document discusses key concepts in data warehousing, data mining, and knowledge management. It defines a data warehouse as the main repository of an organization's historical data. Data mining analyzes patterns in large datasets to extract knowledge. Knowledge management is the process of creating, maintaining, and sharing knowledge to create business value. It discusses technologies that support these areas like data warehouses, data mining tools, and knowledge repositories.
The document discusses corporate sources of funding and the development of international financial markets. It notes that corporations primarily rely on three sources of funds: internally generated cash, short-term external funds, and long-term external funds. It also describes how globalization and technological improvements have led to increased securitization and the growth of international financial centers like London, New York, and Tokyo that facilitate capital flows between countries.
The document discusses various aspects of common stock valuation including:
1) Common stockholders own corporations and elect directors while receiving income from dividends and capital gains or losses.
2) The intrinsic value of a stock is based on assumptions about future cash flows discounted at the appropriate rate, though these are difficult to forecast precisely.
3) Growth models use predicted growth rates to value stocks since exact future prices and dividends cannot be known.
This presentation discusses attitudes and how they can be defined, measured, and changed. It provides the following key points:
1. An attitude is a positive or negative orientation toward something, and attitudes influence behaviors. Attitudes have cognitive, affective, and behavioral components.
2. Work attitudes include job satisfaction and organizational commitment. High job satisfaction and commitment can improve performance and retention.
3. Attitude change involves modifying the cognitive, affective, and behavioral components. Several theories seek to explain how attitudes change, such as reinforcement theory, balance theory, and cognitive dissonance theory.
The document discusses various aspects of the financial system including:
1) Savings from consumers are channeled into businesses through financial markets, allowing companies to raise funds for investments. This process links savings and investment in the economy.
2) Companies use both debt and equity financing to raise funds for daily operations and large projects. Debt financing involves borrowing through bonds while equity financing involves selling stock.
3) Financial markets include capital markets for stocks and long-term debt, as well as money markets for short-term debt. Various entities like banks and brokerages facilitate the flow of funds through these markets.
The document summarizes the key topics covered in a textbook on portfolio management. It discusses the six steps of portfolio management: learning principles of finance, setting objectives, formulating an investment strategy, having a plan for revisions, evaluating performance, and protecting the portfolio. It also outlines the four parts of the textbook: background/principles, portfolio construction, portfolio management, and protection/contemporary issues. Key concepts discussed include risk management, diversification, and balancing return with risk.
The document provides an overview of cost analysis, including defining costs, analyzing major cost elements in a proposal, and evaluating profit. It discusses direct vs indirect costs, acceptable cost estimating methods, and templates for breaking down costs. Key steps in cost analysis include understanding requirements, reviewing the contractor's proposal and basis of estimate, and evaluating profit using weighted guidelines or statutory limits. The purpose of cost analysis is to determine if proposed costs represent reasonable economy and efficiency.
Bec doms a ppt on overview of financial management07Babasab Patil
The document provides an overview of career opportunities and issues in financial management. It discusses the roles and responsibilities of financial managers in maximizing shareholder value through forecasting, planning, investments, financing, and risk management. It also examines agency relationships between shareholders and managers, and shareholders and creditors. Additionally, it outlines different business forms and their advantages/disadvantages, and financial goals of corporations to maximize stock price while balancing responsibilities to society.
The investment environment ppt @ bec domsBabasab Patil
This document summarizes key concepts in investments including different types of investments like stocks, bonds, and mutual funds. It outlines the investment process from setting goals and evaluating choices to selecting a diversified portfolio. Tax implications are discussed for active income, capital gains, and tax-deferred or tax-free options. Life cycle investing and economic cycles are also briefly covered, as well as liquidity needs and savings vehicles.
The document discusses product, services, and branding strategy. It covers key topics such as defining products and services, product classifications, individual product decisions including branding and packaging, product line and mix decisions, and the unique characteristics of marketing services. The document provides learning objectives and outlines the major sections and subsections to be covered in the chapter.
There are three main sources of law: common law, statutory law, and administrative law. Common law is based on previous court decisions, while most new law is statutory law passed by legislatures. Administrative law is made up of regulations from government agencies. New laws can be created when a bill is introduced in Congress, debated, and passed by both the House and Senate and signed by the president. Government agencies also create administrative rules and regulations and hold hearings to enforce compliance. Their power is balanced by statutory limits and oversight from the courts and elected officials.
Capital budgeting involves evaluating potential investments to increase a firm's value and profitability. Managers must select projects that earn a return higher than the firm's cost of capital. They consider factors like cash flows, costs, lives, and risks of projects to evaluate them using techniques like net present value, internal rate of return, and payback period. The goal is to accept projects that increase shareholder wealth as measured by the net present value.
Hr and organization strategy ppt @ mba 2009Babasab Patil
This document outlines the topics and activities to be covered in a course on HR and organization strategy. The course will include introductions, discussions on changes in the professional world, defining strategic HR alignment and competencies, leadership and management, strategic planning, formation and implementation. Participants will work in groups to identify changes impacting their profession and implications for HR. The document provides guidance on class participation, paper writing, and defines key concepts such as the differences between managers and leaders, strategic HR, vision and mission statements.
Segmentation module 4 mba 1st sem by babasab patil (karrisatte)Babasab Patil
The document discusses market segmentation and positioning. It defines market segmentation as dividing a large market into smaller, more homogeneous subgroups based on characteristics like needs, behaviors, or demographics. Effective segmentation requires groups that are measurable, substantial, accessible, differentiable, and actionable. Companies can segment based on geographic, demographic, psychographic, or behavioral factors. Once segmented, companies must select target markets and determine a positioning strategy that focuses on important, distinctive, and superior benefits compared to competitors.
Marketing management module 1 core concepts of marketing mba 1st sem by baba...Babasab Patil
This document provides summaries of core marketing concepts:
1. It defines key concepts like needs, wants, demand, and different types of demand. It also defines products, value, cost, exchange, transactions, transfer, and negotiation.
2. It discusses relationship marketing and marketing networks. It also defines markets, marketers, and provides definitions of marketing from AMA and the marketing process.
3. It covers designing customer-driven marketing strategies like the production, product, selling, marketing, and societal concepts. It also discusses building customer relationships, customer relationship management, customer value, and satisfaction.
Marketing management module 2 marketing environment mba 1st sem by babasab pa...Babasab Patil
The document summarizes the key components of a company's marketing environment, including the microenvironment and macroenvironment. The microenvironment includes internal groups like management and suppliers. It also includes external groups like customers, competitors, and publics that directly influence the company. The larger macroenvironment consists of demographic, economic, natural, technological, political, and cultural forces in the broader society that shape opportunities and threats. Marketers must carefully monitor trends in both the microenvironment and macroenvironment to understand shifting conditions.
Marketing management module 4 measuring andforecasting demand mba 1st sem by...Babasab Patil
1. The document discusses various techniques for measuring and forecasting demand, including sales-force opinions, expert opinion using the Delphi method, test marketing, and survey research.
2. It also covers market segmentation strategies like demographic, psychographic, and behavioral segmentation. Effective segmentation requires segments to be measurable, accessible, substantial, and differentiable.
3. The document outlines the steps in marketing research including formulating the problem, developing a research method and design, collecting and analyzing data, and presenting results in a marketing research report.
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...Babasab Patil
This document discusses various techniques for measuring and forecasting demand. It describes forecasting as predicting future demand based on past demand information. Accurately forecasting demand is important for strategic planning, finance, marketing, and production. Common forecasting techniques include surveys of buyers' intentions, composite salesforce opinions, expert opinions, test markets, time-series analysis of past sales, and statistical demand analysis using factors like price, income, and promotions. The document provides details on applying several of these techniques in practice.
Notes managerial communication 3 business correspondence and report writing ...Babasab Patil
This document provides information on various types of business correspondence and presentations. It discusses the standard parts of a business letter including the heading, date, reference, addressee, subject, salutation, body paragraphs, close and signature. It also describes types of business letters such as sales letters, order letters, complaint letters, and letters of resignation. The document outlines the format and considerations for using email, memorandums, short message service (SMS), and PowerPoint presentations in business communications. It provides tips for creating effective presentations including minimizing slides, font style and size choices, using bullet points and short sentences, including art to convey messages, and checking spelling and grammar. Finally, it discusses cover letters, what they should include,
Notes managerial communication mod 2 basic communication skills mba 1st sem ...Babasab Patil
Managerial communication and listening skills are important for career success. As a leader, listening skills are more important than speaking skills. There are 10 ways to become a better listener, including listening for ideas and themes rather than details, focusing on content rather than delivery, taking notes, concentrating, and exercising your mind. Benefits of good listening include respect from others, gaining information, increased likability, better relationships, and greater clarity. Hearing is a passive process of perceiving sounds, while listening is an active process that requires focus, analysis, and response. Perception is influenced by factors like attitudes, motives, experiences, and the situation.
The document discusses corporate sources of funding and the development of international financial markets. It notes that corporations primarily rely on three sources of funds: internally generated cash, short-term external funds, and long-term external funds. It also describes how globalization and technological improvements have led to increased securitization and the growth of international financial centers like London, New York, and Tokyo that facilitate capital flows between countries.
The document discusses various aspects of common stock valuation including:
1) Common stockholders own corporations and elect directors while receiving income from dividends and capital gains or losses.
2) The intrinsic value of a stock is based on assumptions about future cash flows discounted at the appropriate rate, though these are difficult to forecast precisely.
3) Growth models use predicted growth rates to value stocks since exact future prices and dividends cannot be known.
This presentation discusses attitudes and how they can be defined, measured, and changed. It provides the following key points:
1. An attitude is a positive or negative orientation toward something, and attitudes influence behaviors. Attitudes have cognitive, affective, and behavioral components.
2. Work attitudes include job satisfaction and organizational commitment. High job satisfaction and commitment can improve performance and retention.
3. Attitude change involves modifying the cognitive, affective, and behavioral components. Several theories seek to explain how attitudes change, such as reinforcement theory, balance theory, and cognitive dissonance theory.
The document discusses various aspects of the financial system including:
1) Savings from consumers are channeled into businesses through financial markets, allowing companies to raise funds for investments. This process links savings and investment in the economy.
2) Companies use both debt and equity financing to raise funds for daily operations and large projects. Debt financing involves borrowing through bonds while equity financing involves selling stock.
3) Financial markets include capital markets for stocks and long-term debt, as well as money markets for short-term debt. Various entities like banks and brokerages facilitate the flow of funds through these markets.
The document summarizes the key topics covered in a textbook on portfolio management. It discusses the six steps of portfolio management: learning principles of finance, setting objectives, formulating an investment strategy, having a plan for revisions, evaluating performance, and protecting the portfolio. It also outlines the four parts of the textbook: background/principles, portfolio construction, portfolio management, and protection/contemporary issues. Key concepts discussed include risk management, diversification, and balancing return with risk.
The document provides an overview of cost analysis, including defining costs, analyzing major cost elements in a proposal, and evaluating profit. It discusses direct vs indirect costs, acceptable cost estimating methods, and templates for breaking down costs. Key steps in cost analysis include understanding requirements, reviewing the contractor's proposal and basis of estimate, and evaluating profit using weighted guidelines or statutory limits. The purpose of cost analysis is to determine if proposed costs represent reasonable economy and efficiency.
Bec doms a ppt on overview of financial management07Babasab Patil
The document provides an overview of career opportunities and issues in financial management. It discusses the roles and responsibilities of financial managers in maximizing shareholder value through forecasting, planning, investments, financing, and risk management. It also examines agency relationships between shareholders and managers, and shareholders and creditors. Additionally, it outlines different business forms and their advantages/disadvantages, and financial goals of corporations to maximize stock price while balancing responsibilities to society.
The investment environment ppt @ bec domsBabasab Patil
This document summarizes key concepts in investments including different types of investments like stocks, bonds, and mutual funds. It outlines the investment process from setting goals and evaluating choices to selecting a diversified portfolio. Tax implications are discussed for active income, capital gains, and tax-deferred or tax-free options. Life cycle investing and economic cycles are also briefly covered, as well as liquidity needs and savings vehicles.
The document discusses product, services, and branding strategy. It covers key topics such as defining products and services, product classifications, individual product decisions including branding and packaging, product line and mix decisions, and the unique characteristics of marketing services. The document provides learning objectives and outlines the major sections and subsections to be covered in the chapter.
There are three main sources of law: common law, statutory law, and administrative law. Common law is based on previous court decisions, while most new law is statutory law passed by legislatures. Administrative law is made up of regulations from government agencies. New laws can be created when a bill is introduced in Congress, debated, and passed by both the House and Senate and signed by the president. Government agencies also create administrative rules and regulations and hold hearings to enforce compliance. Their power is balanced by statutory limits and oversight from the courts and elected officials.
Capital budgeting involves evaluating potential investments to increase a firm's value and profitability. Managers must select projects that earn a return higher than the firm's cost of capital. They consider factors like cash flows, costs, lives, and risks of projects to evaluate them using techniques like net present value, internal rate of return, and payback period. The goal is to accept projects that increase shareholder wealth as measured by the net present value.
Hr and organization strategy ppt @ mba 2009Babasab Patil
This document outlines the topics and activities to be covered in a course on HR and organization strategy. The course will include introductions, discussions on changes in the professional world, defining strategic HR alignment and competencies, leadership and management, strategic planning, formation and implementation. Participants will work in groups to identify changes impacting their profession and implications for HR. The document provides guidance on class participation, paper writing, and defines key concepts such as the differences between managers and leaders, strategic HR, vision and mission statements.
Segmentation module 4 mba 1st sem by babasab patil (karrisatte)Babasab Patil
The document discusses market segmentation and positioning. It defines market segmentation as dividing a large market into smaller, more homogeneous subgroups based on characteristics like needs, behaviors, or demographics. Effective segmentation requires groups that are measurable, substantial, accessible, differentiable, and actionable. Companies can segment based on geographic, demographic, psychographic, or behavioral factors. Once segmented, companies must select target markets and determine a positioning strategy that focuses on important, distinctive, and superior benefits compared to competitors.
Marketing management module 1 core concepts of marketing mba 1st sem by baba...Babasab Patil
This document provides summaries of core marketing concepts:
1. It defines key concepts like needs, wants, demand, and different types of demand. It also defines products, value, cost, exchange, transactions, transfer, and negotiation.
2. It discusses relationship marketing and marketing networks. It also defines markets, marketers, and provides definitions of marketing from AMA and the marketing process.
3. It covers designing customer-driven marketing strategies like the production, product, selling, marketing, and societal concepts. It also discusses building customer relationships, customer relationship management, customer value, and satisfaction.
Marketing management module 2 marketing environment mba 1st sem by babasab pa...Babasab Patil
The document summarizes the key components of a company's marketing environment, including the microenvironment and macroenvironment. The microenvironment includes internal groups like management and suppliers. It also includes external groups like customers, competitors, and publics that directly influence the company. The larger macroenvironment consists of demographic, economic, natural, technological, political, and cultural forces in the broader society that shape opportunities and threats. Marketers must carefully monitor trends in both the microenvironment and macroenvironment to understand shifting conditions.
Marketing management module 4 measuring andforecasting demand mba 1st sem by...Babasab Patil
1. The document discusses various techniques for measuring and forecasting demand, including sales-force opinions, expert opinion using the Delphi method, test marketing, and survey research.
2. It also covers market segmentation strategies like demographic, psychographic, and behavioral segmentation. Effective segmentation requires segments to be measurable, accessible, substantial, and differentiable.
3. The document outlines the steps in marketing research including formulating the problem, developing a research method and design, collecting and analyzing data, and presenting results in a marketing research report.
Measuring and forecasting demand module 4 mba 1st sem by babasab patil (karri...Babasab Patil
This document discusses various techniques for measuring and forecasting demand. It describes forecasting as predicting future demand based on past demand information. Accurately forecasting demand is important for strategic planning, finance, marketing, and production. Common forecasting techniques include surveys of buyers' intentions, composite salesforce opinions, expert opinions, test markets, time-series analysis of past sales, and statistical demand analysis using factors like price, income, and promotions. The document provides details on applying several of these techniques in practice.
Notes managerial communication 3 business correspondence and report writing ...Babasab Patil
This document provides information on various types of business correspondence and presentations. It discusses the standard parts of a business letter including the heading, date, reference, addressee, subject, salutation, body paragraphs, close and signature. It also describes types of business letters such as sales letters, order letters, complaint letters, and letters of resignation. The document outlines the format and considerations for using email, memorandums, short message service (SMS), and PowerPoint presentations in business communications. It provides tips for creating effective presentations including minimizing slides, font style and size choices, using bullet points and short sentences, including art to convey messages, and checking spelling and grammar. Finally, it discusses cover letters, what they should include,
Notes managerial communication mod 2 basic communication skills mba 1st sem ...Babasab Patil
Managerial communication and listening skills are important for career success. As a leader, listening skills are more important than speaking skills. There are 10 ways to become a better listener, including listening for ideas and themes rather than details, focusing on content rather than delivery, taking notes, concentrating, and exercising your mind. Benefits of good listening include respect from others, gaining information, increased likability, better relationships, and greater clarity. Hearing is a passive process of perceiving sounds, while listening is an active process that requires focus, analysis, and response. Perception is influenced by factors like attitudes, motives, experiences, and the situation.
Notes managerial communication mod 4 the job application process mba 1st sem ...Babasab Patil
There are several types of resumes that can be used when applying for jobs. A chronological resume lists work history in reverse order, with the most recent job first. This format is preferred by most employers. A functional resume focuses on skills rather than dates of employment, and is better for career changers or those with gaps. A combination resume highlights both skills and work history. A targeted resume customizes the experience and skills to the specific job being applied for. Along with a resume, a cover letter can provide additional context about how an applicant's qualifications fit the role.
Notes managerial communication mod 5 interviews mba 1st sem by babasab patil...Babasab Patil
This document provides information about different types of interviews and how to prepare for and conduct interviews. It discusses promotion, grievance, appraisal, problem, reprimand, exit, stress, and panel interviews. It offers tips for preparing such as researching the organization, anticipating questions, practicing answers, and controlling nerves. The document provides sample questions for interviews and discusses competency-based, phone, and second interviews. It also outlines the role of the interviewer and steps for conducting an interview like preparing questions and being an active listener.
Notes managerial communication part 1 mba 1st sem by babasab patil (karrisatte)Babasab Patil
Managerial communication is important for several reasons. Good communication allows information to be passed along clearly so mistakes can be prevented. It also helps build good relationships and allows people to understand each other's feelings and needs. Effective communication helps people convince others and get what they need. It gives self-esteem and helps people think and organize their thoughts better. Communication skills are important for students and employees, and good communicators often get higher paying jobs. Both internal communication within an organization and external communication with outside parties are important for business. Formal and informal communication networks exist, and the type of network impacts how information flows within a company.
Principles of marketing mba 1st sem by babasab patil (karrisatte)Babasab Patil
This document presents an introduction to marketing principles. It defines marketing as creating and exchanging products and services to satisfy customer needs. Marketing involves understanding customer wants and demands, developing products and services, communicating value to customers, and managing relationships. The marketing concept emphasizes satisfying customer needs over the production, product, and selling concepts. Marketing tasks include developing strategies, understanding markets, creating value, and building long-term growth.
Segmentation module 4 mba 1st sem by babasab patil (karrisatte)Babasab Patil
The document discusses market segmentation and positioning. It defines market segmentation as dividing a large market into smaller, more homogeneous subgroups based on characteristics like needs, behaviors, or demographics. Effective segmentation requires groups that are measurable, substantial, accessible, differentiable, and actionable. Markets can be segmented by demographics, behaviors, geography, and psychographics. The key aspects of segmentation and positioning are discussed in detail.
Marketing management module 1 important questions of marketing mba 1st sem...Babasab Patil
This document lists important marketing questions that could be asked in exams. It covers questions ranging from basic concepts like marketing, market and exchange to more advanced topics like marketing mix, product portfolio, and buyer adoption process. The questions are organized into different sections for 3 mark, 5 mark and 7 mark questions. They provide an overview of the key topics and issues that marketing students need to be familiar with.
Discovery shuttle processing NASA before launching the rocket by babasab ...Babasab Patil
The document summarizes the processing steps for the space shuttle Discovery before its launch, including the external tank being delivered by barge and assembled vertically, solid rocket boosters and engines being attached, the shuttle being attached to the external tank, a payload being prepared and moved to the launch pad, and finally the shuttle arriving at the launch pad ready for launch.
Corporate lessons from__iim__calcutta by babasab patil Babasab Patil
This document provides 3 lessons from corporations about dealing with change. The first lesson uses a story about a crow and rabbit to show the importance of having a high position when doing nothing. The second lesson tells a story about a turkey eating bull dung to reach the top of a tree, but then getting shot, to illustrate that misleading tactics may get you to the top but won't keep you there. The third lesson tells a story about a bird getting warm in cow dung but then getting eaten by a cat to teach the morals of not assuming those who help you are friends and keeping quiet when vulnerable.
Communication problems between men and women by babasab patil Babasab Patil
A woman yells "horse!" at a man driving in the opposite direction, who replies "witch!" while laughing. As the man takes a curve in the road, he crashes, demonstrating that men often do not understand what women communicate.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Best aviation photography_ever__bar_none by babasab patil Babasab Patil
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help enhance one's emotional well-being and mental clarity.
The document describes three stonecutters working on a roadside who gave different responses when asked about their work. The first did it out of necessity to provide for their child, the second out of a duty to their nation, and the third as a form of worship. Their different attitudes were reflected in the careers of their children, with the first becoming a stonecutter, the second an army officer, and the third a renowned architect, showing how attitude can make a big difference.
Three stonecutters were asked why they did their laborious work. The first said it was out of necessity to provide for their child. The second took pride in their contribution to building infrastructure for their nation. The third found worship in their work which was constructing a temple. Years later, the children of the stonecutters followed similar paths - the first became a stonecutter, the second an army officer, and the third a renowned architect, showing that one's attitude can impact their opportunities and future.