Archive for March, 2015

03.31
15

The Benefits Of Electronic Commerce

by como ·

WHAT ARE THE BENEFITS OF ELECTRONIC COMMERCE
Customer care has benefited from various in e-commerce, EC also e-business continue to pay dividends as long as the benefits as reported by e-commerce site.wordpress.com (nd) are still achievable. Reduction in cycle time, staff empowerment and cutomer support are just a few of the benefits. Efraim Turban et al (2008).

CYCLE TIME
The cycle time for an organization refers to the time it takes to complete a transaction; also turn around time, speed of operation etc Internet banking is one of the ways Nigerian banks increase customers satisfaction and cycle time. More transactions are done on the internet, ATMs, POS machines, through patnerships with card companies like MasterCard, Interswitch, VisaCard and the rest of them. It is easy to find all these in almost all Nigerian banks now because the management wants to minimize cost while maximizing profit. Trading equities used to take a very long time before orders can be successfully effected before but can now be done by just one click on the right button in the right website. The same is applicable for purchasing University of Liverpool recommended textbooks. Inputting my mastercard details makes the process of search and final purchase shorter and easy to accomplish for me. EC has brought to the world the likes of ebay, amazon.com and others responsible for online auction. Time is money, so instead of driving all about looking for a shop that stocks what I need to buy, I would rather go to the internet search for it and purchase it immediately.

EMPLOYEE EMPOWERMENT
Organizations now allow their staff to take certain steps that were not possible without electronic commerce. Booking of Consumer loans used to be on paper before in Oceanic Bank until recently when the bank designed an online procedure that empowers staff to issue more loans per hour. The reason for this is not far fetched; a soft copy consumer loan file needs little or no correction since the already inputted formulas are there to do the correction. Checking the consumer loan can now be done at a very high speed because there are software for testing if the excel file followed the desired procedures or not. With the bank empowering their staff in EC, more value is added because staff now sees themselves as important participants of the bank as well.

Electronic Commerce makes it simple for online tutors to detect malpractices amongst students unlike in offline Universities, where Doctors and Professors have to read the hard copy assignments submitted by various students, there will always be cases where collution and plagiarism will not be detected. Students will surely copy themselves knowing fully well that the instructor might not get to know. This is not the case in an EC committed University where all assignments are submitted online through software like Turnitin and safe assign.

FACILITATE CUSTOMER SUPPORT
Customer support was taken to another level through highly specialized customer relationship management; Norton allayed fears that my monthly internet bill is exorbitant. It all started when my hard drive crashed and I lost a recently purchased Norton antivirus. I was frustrated and had to chat online with customer care representative of Norton through their chat software. As if that was not enough, the agent I spoke with blew my mind when he told me that he was going to install the software into my laptop from his remote location. I thought to myself this must be a joke until I saw my mouse moving and clicking certain menus on my desktop. It was a wonder then, I thought I was looking at a Norton miracle, he put my laptop in order within five minutes and still told me thank you. I replied as many times as possible and fell in love with purchasing my antivirus solutions from Norton because I feel that their EC investments have paid off after all.

CONCLUSION
Every good idea has to develop through changes, the world never stayed in one place. What might be perfect today might be faulty tomorrow, no wonder Polaroid felt comfortable until the digital imaging swept their business away. Holycoast.com (nd) It is very correct to say that EC has come to change the world and it is doing just that real well and fast too. The value of improvement that has met the organizations cannot be overemphasized and thus will continue to draw the attention of other corporations to invest in new ideas, innovations and technologies.

REFERENCES

E-commerce site.wordpress.com (nd), Benefits of E-commerce [Online] Available at: http://ecommercesite.wordpress.com/2008/06/14/reduction-of-cycle-time-improve-employees-empowerment-facilitate-customer-support-through-e-commerce/ (Accessed on 5th July 2009)

Efraim Turban, David King, Judy McKay, Peter Marshall, Jae Lee, Dennis Viehland, (2008) Electronic Commerc – A Managerial Perspecive ISBN 9780135135440 Intl Ed. Pearson Education Ltd. London

Thompson A, Strickland A, & gamble J (2008). Crafting & Executing Strategy: The Quest for competitive advantage, Concept and cases. 16th Ed. Boston: Mcgrraw-Hill Irwin.

03.30
15

Anger Management And Mixed Martial Arts

by como ·

The core ingredient of a meaningful self-defense program is considered to be anger management. However, there are not many martial arts programs that have this comprehensive approach in training. Instructors have not been given proper guidance on how to incorporate anger management in their training program. But now, many martial arts academies including those in Maryland teaching Mixed Martial Arts, are teaching anger management alongside the basic techniques of martial arts.

Anger is essentially rooted in feelings of frustration, fear, failure, stress, rejection, and so on. These feelings are experienced by men, women, children, and elderly. We all go through moments of rage time and again. It can be due to peer pressure, unhealthy competition, financial crises, dissatisfaction in personal or professional life, or some other reason. Eventually anger takes a toll on those who are getting angry and the party bearing the brunt of the rage. Anger is known to increase the chances of high blood pressure and heart attack. It also affects a persons capability to think logically and make meaningful and correct decisions. In some cases this can even cause long lasting and even permanent damage to relationships. Proper anger management can help a person use his feelings in the right direction to solve a problem rather than wasting time and filling oneself with negativity.

Mixed Martial Arts can be more than just an art of self defense. It can help the mixed martial arts practitioner in anger management too. The practitioner learns the art of showing restraint, respect and resilience. Like other martial arts, even Mixed Martial Arts discourages an athlete from attacking an unaware or unprepared person. Techniques such as biting, eye-gouging, fish hooking, clawing, twisting and pinching flesh, small joint manipulation, attacking the groin area, using abusive language, spitting, and hair-pulling are illegal and unethical. MMA athletes are strictly discouraged from using techniques that aim at injuring the opponent. Athletes are responsible for the safety of their opponent. While applying any of the submission techniques, MMA athletes must apply the pressure slowly. They must stop the moment they feel that any further pressure can injure the athlete. This teaches the MMA athlete the clarity of purpose, which is to make the opponent submit and not to hurt him. It also teaches them to respect their opponents strength.

If you are planning on learning Mixed Martial Arts with a focus on dealing your anger issues, it is a great idea. You will learn to be self disciplined, avoid losing your temper constantly, avoid using profanity during a match or practice and control your negative emotions. All these are positive qualities that are worth imbibing in your life and not just while you are learning a sport or a martial art such as Mixed Martial Arts.

Find out whether your preferred Mixed Martial Arts , academy in Maryland or nearby areas such as Virginia and Washington D.C. offer a comprehensive learning course that includes anger management.

03.29
15

Differences In Management Consulting And Investment Banking

by como ·

The decision was relatively straight forward for me. The negatives of investment banking – long hours, repetitive work, lack of non-finance exit options – mattered more to me than the money.
I considered sales & trading (in fact, I spent a summer at CSFB in NY), and was tempted to continue in that line of work after graduation.
Instead of defining the characteristics of each industry (there are plenty of resources out there for that, including my Management Consulted blog), I will address a short list of differences between the two career paths.
Let me caveat by saying THESE ARE NOT YOUR ONLY OPTIONS. People get carried away into thinking thats all there is.
#1 SALARY
This is the primary superficial distinction. Thats not to imply that salaries aren’t important. Banking salaries average 50-100% higher than consulting salaries, with the gap increasing as your seniority increases. Consulting attempts to compensates with small perks – from better travel allowances to more generous retirement packages.
Consultants always like to say this:
I know investment bankers make more money. But from a cashflow perspective, its exactly the same!
This means that consultants and bankers make similar base salaries, but at the end of the year, bankers are awarded a significant bonus which can be more than half of their total annual compensation.
Cashflow or not, the extra money is substantial and a defining driver of why many people do investment banking over business consulting. This is also a difficult issue for consulting firms with respect to employee retention. In my years as a McKinsey management consultant, easily half the people who left the firm went into the financial world (from hedge funds to PE), and salary was undoubtedly a major factor in the decision.
My advice is – after considering the 5 factors Ive listed here, you still think the pay difference (for analysts, averaging between $30-60K per year) would mean a significant difference in your professional job satisfaction, choose investment banking over consulting.
#2 LIFESTYLE ISSUES
The big differences here are:
-Hours. Bankers work brutal hours, no surprise. They can average 14-16 hours/day but it can get FAR WORSE.
My roommates in New York (both investment bankers at Goldman Sachs) would sometimes go several weeks before wed even exchange a word. Which meant not only were they getting in after I went to sleep (around 2am), but going back to the office before I woke up (around 7am).
Your second year as an investment banker gets easier – often in the 10-12 hours/day range but with occasional tough periods.
Management consultants average 12 hours/day, with the typical variations depending on client, team goals, etc
-Travel. Bankers do a little travel for roadshows, due diligence, etc but spend 90% of their time in one office until youre partner-level (you can expect more travel in private equity and asset management). Depending on firm – management consultants travel a lot. At the Big 3 (Bain, Boston Consulting Group, McKinsey), you can expect travel 50-75% of the time
-Relationship with firm employees and coworkers. This is an important but oft overlooked issue. Consulting firms have a very collegial atmosphere, where the focus is on getting work done and ensuring your professional success. This attitude permeates all interactions. Managers never yell, coworkers are supportive whenever possible, and companies are organized to provide consultants support with training, expertise, etc. Finally, networking is critical at consulting firms, and social events are focused on helping business consultants build contacts and relationships throughout the company.
Investment banks, on the other hand, have a more competitive and tense work environment. You can expect more stressful relationships with your bosses, youll probably be yelled at occasionally for mistakes, and coworkers are much less willing to help out colleagues (your success means theres more competition for the biggest bonuses).
In addition, youll have limited exposure across the company to other groups, departments, etc – less ability to network across the company.
Part 2 of this series on consulting versus banking continues tomorrow!

03.28
15

Prospective Jobs Through Lic, Karnataka And Kotak Mahindra Bank Recruitment 2013

by como ·

They might go for the banking sector or the railways, or any other place and they apply for the different positions advertised, according to their educational qualifications and eligibility criteria. In India, banking sector jobs are in high demand and are pursued by many people. it has been seen in the past few years that the students are seeking the government jobs and banks are a favourite choice among these. Also, there are plenty of applicants for the posts which are advertised by the Life Insurance Corporation of India or LIC.

Private banks have give a new lease of life to the banking industry in India. Not only are they provide a wide range of banking facilities to the customers, they are also having plenty of vacancies for the jobs aspirants. Karnataka Bank and Kotak Mahindra Bank in India have been offering a variety of jobs for the interested candidates. People are choosing these jobs because of three important reasons.

Karnataka bank as prospective employer

Jobs in banks, especially in the private sector, are found in plenty. There are branches all over the country, offering financial solutions to the customers. It is in these banks that there is a need of skilled and enthusiastic people to work for the benefit of the customers. Due to expansion of the branches and offering of better services, banking personnel are being recruited. Karnataka Bank, which had a strong presence in the state of Karnataka, now is planning on expanding to the other states in India. Karnataka bank recruitment 2013 would be done for a variety of posts such as sales manager, relationship manager, and other posts. Since there are varieties of activities related to banking transactions, life insurance, mutual funds, private equity, realty fund, investment banking, etc.

Kotak Mahindra for offers

Kotak Mahindra Bank recruitment 2013 is also in the pipeline for various posts. This is one of the largest private sector banks in the country, which has a strong presence in banking sector. People, who are interested for the private banks, will have to be alert and check internet portals and the official site of Kotak Mahindra Bank to know about these offers in proper time. They will then be called for interviews or written rounds before being finally recruited into the different posts as advertised and the different branches. In these private banks, the pay scale is quite good but the icing on the cake is the rapid promotion which people can avail, by working with dedication and handling their jobs efficiently.

Job offers in LIC

Life Insurance Corporation is the leading government organisation dealing with insurance products and it has a large number of customers. There are plenty of branches of LIC in various cities all over the country. Some of the job offers are development officers, service executive assistants, AAI, and so on. Due to the sheer number of branches and the need for skilled workers in these areas, people will be able to get lots of job offers in the LIC recruitment 2013.

Many prospective job offers are out there for grabbing by people. But the important thing is to have the right qualification and know about the publication of these offers, whenever these are advertised. People should be ready with adequate preparations and should submit their applications in time for being considered for the interview and other screening rounds.

03.27
15

Scope Of Internet Marketing In India

by como ·

Internet marketing is very interactive field of making money online its scope is very vast and there are 1000s and millions of websites being developed and promoted in search engines like Google, Bing and yahoo if you are internet geek and have deep interest in how to make money online then you can make your dream comes true join any multimedia course in web designing as web designers are being very popular these days as every entrepreneur wish his website to look professional and beautiful. You can start your blog and post interactive tutorials, articles and join programs like Google adsense and yahoo advertising media etc and if you have good amount of daily visitor traffic and if visitor click on advertisement shown in your website using Google adsense like programs then you are actually making money online. If you are web developer then you can start your own web directory, forum or community site or even online shopping mall like ebay, amazon etc.
Role of internet commercialization in common people living in india
Marketing. Many issues of marketing offline are relevant to online electronic commerce- for example Cost benefits of internet advertisements and different competitive internet marketing strategies ranging from digital marketing strategy to interactive kiosks.
Consumer behavior and its psychology. Indian customer behavior Is the key to the success of Business to business and business to consumer trade, but so is the behavior of the Indian shopping sites or digital sellers like futurebazaar, india bazaar online, homeshop18, radhikasarees, nerexplaza. The relationship between cultures and Indian consumers attitude in internet marketing is the great example of a good research issue in the field of search engine marketing.
Finance. The Indian finance market and Indian banks are one of the major and most dominant player in the arena of digital market or internet marketing india. Also, financing arrangements are part of good online transactions. There are issues like using the internet as a substitute for a stock exchange and click frawd in online stock dealing.
The information systems department is usually responsible for the deployment of Electronic commerce. It covers issues varying from system analysis to system intergeration, implementing, planning, payment system and security. The back office operations of E-commerce transactions are similar to other transactions in compliments . Auditing electronics dealings presents a real internet marketing challenge for the accounting profession so does the web development of methodologies for cost benefit justification. Legal and ethical issues are extremely necessary in the arena of world wide web and internet marketing. A vast volume of legislative bills are pending and many ethical issues are interrelated with legal ones such as privacy and intellectual property.

03.26
15

BSES Online Bill Payment By Net Banking

by como ·

With millions of residents in Delhi and nearby regions, the need to have a smooth provision of electricity supply was paramount. Since long, people had been suffering due to erratic current cutbacks and lack of streamlined approach in supply. Further devastating was the lack of any rightful method of collection of bills from the residents. A few years ago, the scenario was reflected in long queues in the offices of Delhi Vidyut Board till July 2002. But then, power sector of Delhi was privatized and was taken over by BSES. This takeover also led to the transfer of various liabilities, assets, personnel and proceedings of the Delhi Vidyut Board in compliance with the transfer agreements. Now, majority of Delhi’s power distribution system remains under BSES Yamuna Power Limited or BYPL and BSES Rajdhani Power Limited and a third party North Delhi Power Limited, which is a venture between Tata Power and Govt of Delhi. With 3 separate jurisdictions for each of these units, Delhi’s power woes have almost ended. BSES New Delhi Apart from the facilities of efficient power supply by the BSES and NDPL, the losses have come down significantly and infrastructure improvement has been remarkable. But, one of the hallmarks of these changes through privatisation has been the convenience in the BSES bill payment by the residents. Earlier, people were required to pay through cash or demand drafts or cheques, which obviously is a cumbersome process for people in Delhi. They could deposit the bills in the customer care centres and kiosks. Currently, after the revision of the bill payment process and privatisation, a number of methodologies have been put forth by these organisations for the payment of dues. Bill payment kiosks are opened in various centres under the BYPL and BRPL. Residents can go to these places and pay by cheque or cash between 8 am and 8 pm, excepting the public holidays. There are also other options such as payment through counters, cheque in mail and drop boxes. But the one modality which has stolen the show is that of payment through net banking or BSES bill payment online. Online mode of payment is advantageous for few reasons: BSES Online Bill Payment By Net Banking Most people have online internet banking facilities, which are provided by their banks. Almost all the banks have nowadays facility to operate accounts online. Hence, payment of electricity bills monthly, doesn’t pose an issue for people. Rather, they would prefer doing so, as it allows them to make their payments from the comforts of their laptops and computers at homes and offices. It is but natural that electricity consumers in Delhi are opting for the internet banking facilities for BSES bill payment. The process of doing so is also quite easy. Consumers can select mastercard, visa card and other cards for banks like IDBI, SBI, PNB, Axis, and others. They can start by visiting the BSES Delhi official site and click on payment options. There will be an online confirmation and a transaction reference number. Then, the BSES account number would be asked, which consumers can fill in. A page then opens up, where consumers can see their particular bills for the said months, which is due. Payment process proceeds when they click on pay now option. On selecting the net banking option, customers would be redirected to their respective banks, where the user id and password has to be provided. Through a secured gateway, the amount would be instantly debited and it would reach the customer’s BSES account within 5 working days. BSES bill payment online has been a boon to the millions of power users in Delhi. With high end system of fee collections, lots of people have been benefited and quickly adopted this system of paying their bills without fail.

03.25
15

Necessity of Help for Employment Litigation

by como ·

Any lawsuit may spell serious trouble for a business, especially if it is a new or a small one. It assumes greater proportions in case the plaintiff is an employee, past or present. You need to get in touch with a capable employment attorney for active defense in such circumstances.

When does retaining legal counsel become imperative?/b>

Here are a few instances-

You are facing an investigation by the federal or state agency on grounds of employment law violation. Whether it is the Equal Employment Opportunities Commission or the Florida equivalent of it, you need legal counsel to ensure that it does not reach unmanageable proportions.

You are facing a lawsuit claiming a violation of a federal or state employment law. It can be anything – a violation of the American with Disabilities Act, a discriminatory termination, or a sexual harassment. Proper legal representation is necessary to avoid the negative consequences of such litigation.

You are facing litigation concerning the non-compete agreements an employee refuses to adhere to. Interpretation of the terms and conditions in the agreement to defend your side is the chief task of the Fort Lauderdale employment attorney.

How could an attorney be of help?

The important points in this regard are as follows –

The attorney has the necessary knowledge of the federal and state laws to understand the matter and the legal interpretations and implications.
The attorney has the necessary certification to represent you in case the litigation reaches the trial stage.
The attorney has the necessary experience in similar employment cases making it easier for him/her to handle your case.

Why is defense essential?

Without adequate, and timely, defense, an employer may end up in serious legal trouble. If you lose, it may mean considerable financial losses. Litigation implies waste – of time and money. In such a circumstance, losing the suit only doubles your monetary losses.

You may have to provide the employee with back pay, wages and benefits, as well as court costs and attorney fees. You may also need to reinstate your employee, or give him/her a promotion and a raise.

However, these are not of as much consequence as the loss of your reputation. Losing a suit may not mean much for a business, but the associated taint on your record may be quite a concern. You need timely and effective defense immediately. This is the reason you need to find an employment attorney for advice and representation.

03.23
15

Signature Loan Fast No Questions How To Get Cash Quick And Easy

by como ·

The amount up to $10,000 can be suitable for many purposes such as car purchasing, home remodeling, paying education, wedding, setting up any new business, combing multiple debts and so on. Out of the blue, your business will be collapsed then the main question crops up in your mind how to execute the mischief of business break down. In that situation, $10,000 signature loan fast no questions is proved a great boon to get you out from any serious situation especially business collapse.

Deriving this loan you have no questions of pledging assets, displaying credit history, faxing foremost manuscripts. But for providing $10,000 signature loan fast no questions, lenders have got quick and easy mode of providing cash. Lenders need only your signature on the signed activation letter. This kind of process carries you to meet the amount up to $10,000. This amount is provided you on the basis of unsecured loans. Thats why the repayment period of this loan is varied from 6 months to 7 years. The rate of interest is slightly higher than secured loans to cover the risk factor.

No quota of your security as home, jewelry, land, bank account, etc is necessitated for this kind of loan. Therefore, borrowers who are fear to lose their valuable property in the loan security; they can also apply for $10,000 signature loan fast no questions and can get cash in no time. Borrowers with bad credit history can also entertain the benefits of this loan to enhance their low credit scores. If such borrowers repay the amount before approval date, they can find themselves in the good credit borrowers calendar of the lenders and the next time of availing this loan. They are gifted with the feasible rate of interest.

To meet the terms and the conditions of this loan the applicant must be 18 years old in age; he must have a regular earnings source of at least $1200 per month or he must be government jobber in any department. He must be the citizen of United State of America in current and possess an active checking account of at least 90 days old in any registered bank. The bank account is important part of this loan because this kind of loan is deposited directly into the bank account of the applicant with the help of online technique.

03.22
15

Queries On Mobile Banking Services That Taunt Customers

by como ·

Financial institutions are exploring avenues to find ideal ways and means to render good services to customers, and to earn their confidence in the bargain. In their effort to offer good services, banks have started offering mobile banking services that work to the advantage of the customers. With the aid of banking software companies, financial institutions are rolling out mobile solutions to cater to the demands of customers. Though mobile solutions have attracted the attention of customers, there are queries about mobile banking services that taunt and haunt customers. What are the queries that deserve proper answers?

Why apply for this facility?

In the first place, a customer wants to know as to why he should apply for this facility. Mobile banking has made things easy for banks and customers, and with this banking facility, a customer can carry out banking transactions from any part of the world, and at any time that suits the convenience of the customer. By applying for this facility, a customer can make good use of the anytime anywhere banking mode, and save his valuable time in the process.

What are the requests to be made?

Another query that demands a suitable answer is the query about requests that can be made by a customer, with respect to the mobile services rendered by a financial institution. A customer can make use of this mobile banking facility to check his account balance, to glean details regarding the check status, and about details of the transactions among other types of services.

What is the specialty?

Financial institutions seek the services of Banking software companies to introduce mobile solutions that work to the advantage of customers. These solutions are so special, where the solutions offer a wealth of benefits in the process. With the help of mobile phones, customers can gain access to their account, and conduct several transactions without having to invest more time and energy to accomplish such tasks. Whether it is the need to glean details on recent transactions, or the need to access card statements, this facility makes it easy and comfortable for a customer to gather the needed details.

Though mobile banking services have gained popularity amid customers, queries concerning this facility taunt and haunt some of the customers who look for suitable answers to these queries.

03.21
15

Monthly Payday Loans- Small Loan With Flexible Repayment Option

by como ·

Payday loans are widely available along with short-term loan repayment option in the financial market of US. So, it offers flexibility of loan repayment for the borrowers. Are you having cash crunch sometimes and seeking for easy loan? If yes, you should take option of monthly payday loans available online. As the name refers, these payday loans are now offered online for the convenience of many borrowers. So, it allows easy way of applying loan via internet. Here, you have arrived at the right online destination to fetch for such sort of loan.

Usually, these payday loans are granted to US borrowers who attained above 18 years of age. The borrowers should have permanent job. And he or she should have a valid bank account in US. If the borrowers are fulfilling these formalities, you are allowed to apply these loans and gained instant money in the least possible of time. For applying of these loans, there is no involvement of paperwork or faxing of documents. Now, you can take help of internet and apply the loan via internet within few minutes.

If you are approved with monthly payday loans , it is sure that you will be getting of urgent cash in the range of $100 to $1500 bucks. And it is associated with short-term loan repayment duration. Once you have borrowed of urgent cash then you should repay loan on monthly basis. The availing loan amount is helpful to mend any financial gaps between two consecutive paydays. Or even if you want to improve your financial status, you should take help of these loans.

Furthermore, the availing loan amount is helpful to meet any kind of unforeseen financial issues. It is helpful to pay off pending bills, telephone bills, wedding expenses and other small credit problems. Apart from these, these loans have been fully equipped with attractive features that include- no credit checks, no collateral and faxless loan application procedure. For availing these loans, you dont need to show the past credit records to lenders at the time of availing loan.

Before you are going to avail monthly payday loans, you should check out about the low interest rates in order to save money. Here, our financial service is available for 24 hours. So, if you would like to take this financial aid, you may visit our loan site at anytime. You should take the benefit of this loan and manage financial adversities now!