Curious Observation – First Step in Decision Making Process
February 12, 2025
The recent Cambridge Analytica scandal has ended up putting companies like Facebook in hot water. The common man has now become aware of the fact that companies like Facebook have access to a lot of personal data. They have also become aware of the possibility that Facebook could use let third parties access some of […]
The entity concept separates the concerns of the owners from the business. An extension of the same concept is the concept of accounts which splits up the business’s affairs further. The account concept becomes clearer once the double entry system of accounting is explained. That is done at a later stage in the tutorial. Transactions […]
The Infrastructure Leasing and Financial Services (IL&FS) corporation were one of the bellwethers of India’s infrastructure sector. Ever since the government started pushing for better infrastructure, IL&FS was one of the first companies to come into existence. This company is responsible for building thousands of kilometers of roads and several ports. This financial giant has […]
Most economists in the world believe that the market system is the most efficient way of allocating resources. However, there are some economists who believe that a German-style bank-based financial system has considerable merits over the market-based system. These economists believe that empirical reasoning is not valid when it comes to gauging the efficacy of […]
The exchange rate between two currencies is determined by the interaction of several variables. Some variables have more influence on the determination of currency rates than the others. One such variable is the interest rate. In general, changes in the interest rate create huge fluctuations in the value of all currencies. In fact all major […]
Every individual has his own characteristic way of behaving, responding to emotions, perceiving things and looking at the world. No two individuals are similar.
You might like going out for parties but your friend might prefer staying back at home reading his/her favourite book. It is really not necessary that if you like partying around, your friend will also like the same. Here comes the role of personality.
What an individual sees in his childhood days and most importantly his/her growing days form his personality. How an individual is raised plays an important role in shaping his/her personality.
Personality is nothing but the aggregate conglomeration of memories and incidents in an individual’s entire life span. Environmental factors, family background, financial conditions, genetic factors, situations and circumstances also contribute to an individual’s personality.
In a layman’s language, how we behave in our day to day lives reflects our personality. How an individual behaves depends on his family background, upbringing, social status and so on.
An individual with a troubled childhood would not open up easily. He/she would always hesitate to open his heart in front of others. Some kind of fear would always be there within him. An individual who never had any major problems in life would be an extrovert and would never have issues interacting and socializing with others.
You really can’t blame an individual for not being an extrovert. It is essential to check his/her background or past life. It is quite possible that as a child, he/she was not allowed to go out of his home, play and freak out with friends. These individuals start believing that their home is their only world and they are not safe outside. Such a mindset soon becomes their personality.
Personality also influences what we think, our beliefs, values and expectations. What we think about others depends on our personality.
In a layman’s language personality is defined as the personal qualities and characteristics of an individual. Personality is how we interact with others.
Personality is a sum of characteristics of an individual which makes him different from the others. It is our personality which makes us unique and helps us stand apart from the crowd.
Following are the factors which help in shaping one’s personality:
An individual’s appearance, character, intelligence, attractiveness, efficiency, style determine his/her personality.
Personality development is defined as a process of developing and enhancing one’s personality. Personality development helps an individual to gain confidence and high self esteem.
Personality development is said to have a positive impact on one’s communication skills and the way he/she sees the world. Individuals tend to develop a positive attitude as a result of personality development.
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