Curious Observation – First Step in Decision Making Process
February 12, 2025
What is Due Diligence? Many of us would have heard the term Due Diligence in various contexts and situations where one party to a transaction often tells the other to do their due diligence or states that it is considering the same. Indeed, as anyone who has negotiated an employment contract or a legal drafting […]
Banks have to lend money in accordance with the amount of reserves that they have on hand. However, there is no way of finding out the exact amount of loans that a bank can give out while still complying with the reserve requirements because taking deposits and making loans happen simultaneously. Therefore, it is impossible […]
Uber has recently launched an Initial Public Offer (IPO). The company is trying to sell $10 billion worth of shares for close to $90 billion! This is despite the fact that the company has negative cash flow and is yet to make a profit. What makes matters even more complicated is that fact that Uber […]
An imbalance between the personal life and work life can have serious or adverse effects on the health and well-being. This imbalance usually occurs when the boudaries between the professional life and personal life are not clearly demarcated and followed with a discipline. Work-life imbalance leads to emotional stress, depression and anxiety. Extensive studies and […]
Companies increasingly are becoming aware that their opportunity to having a competitive edge in business can come through supply chain. In the case of companies operating on global scale, supply chain strategies drive operational efficiencies and affect the bottom line. Unlike technology or other core areas affecting business, Supply chain is always in a dynamic […]
Interpersonal relationship refers to a strong association between individuals sharing common interests and goals.
A sense of trust, loyalty and commitment is essential in a relationship.Individuals need to trust and respect their partners to avoid misunderstandings and conflicts in relationship.
Stages in an interpersonal relationship
It takes time for a relationship to grow and pass the test of time.
There are two possibilities in a relationship:
According to famous psychologist George Levinger, every relationship goes through following five stages.
Acquaintance refers to knowing each other. To start relationship individuals need to know each other well.
Two individuals might meet at some place and instantly hit it off. People feel attracted to each other and decide to enter into a relationship.
Common friends, social gatherings, same organizations also help people meet, break the ice, get acquainted with each other and start a relationship.
This is the stage when the relationship actually grows. Individuals are no longer strangers and start trusting each other.
Individuals must be compatible with each other for the relationship to continue for a longer period of time. Individuals with similar interests and backgrounds tend to gel with each other more as compared to individuals from diverse backgrounds and different objectives.
The build up stage in a relationship is often characterized by two individuals coming close, being passionate and feeling for each other.
This is the stage when relationship blossoms into lasting commitments. It is when people after knowing each other well decide to be in each other’s company and tie the knot.
Trust and transparency is essential for the charm to stay in relationship forever.
Not all relationships pass through this stage. Lack of compatibility, trust, love and care often lead to misunderstandings and serious troubles in relationship.
Individuals sometimes find it extremely difficult to adjust with each other and eventually decide to bring their relationship to an end.
Compromise is an integral part of every relationship.Individuals failing to compromise with each other find it difficult to take the relationship to the next level.
The fifth and the last stage is the end of a relationship.
Relationship terminates due to any of the following reasons
An ideal relationship results in lasting commitments and marriages whereas there are some relationships which do start on a positive note but end abruptly.
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