SECURE ELECTRONIC TRANSACTIONS Introduction Secure Electronic Transactions (SET) is an open protocol which has the potential to emerge as a dominant force in the securing of electronic transactions. Jointly developed by Visa and MasterCard‚ in conjunction with leading computer vendors such as IBM‚ SET is an open standard for protecting the privacy‚ and ensuring the authenticity‚ of electronic transactions. This is critical to the success of electronic commerce over the Internet; without privacy
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SST 2383 Discussion Question 1. The large store variety and layouts of merchandise would likely appeal to consumers in India for a few reasons. One reason would be that these large retailers could create more efficiency in that they would allow a customer to purchase a wide assortment of goods in one stop. Another reason is that they could sell brand-name products at more affordable prices. It may be wise to also take into consideration that more than half of India’s population consists of people
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inching its way towards becoming the next boom industry. The total concept and idea of shopping has undergone an attention drawing change in terms of format and consumer buying behavior‚ ushering in a revolution in shopping in India. Modern retailing has entered into the Retail market in India as is observed in the form of bustling shopping centres‚ multi-storied malls and the huge complexes that offer shopping‚ entertainment and food all under one roof. A large young working population with
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Cian O’ Donnell-R00084721 Emergence of Consumer Behaviour Before consumer behaviour “motivational research was a popular marketing theory that viewed consumers as creatures often influenced by erotic impulses”. It was this theory of motivational research that created the birth of consumer behaviour. Many people thought that motivation research had fallen through during its existence “after its time of great media attention‚ when it disappeared from public sight‚ It became obvious that it did
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Q.1# Ans: From the knowledge of restaurants and from the help of this case we have identified the 10 decisions of operations management applied at Hard Rock Cafe: 1. Design of goods and service: • Hard rock Café is counted as a service industry which is at present running 129 cafes‚ 12 hotels/casinos‚ live music venues and a huge capital Rockfest concert. • Hard rock chefs are modifying the menu from classic American burgers and chicken wings to more high end products such as veal chops and
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The conditions of doing businesses change dramatically for the past century and especially for the past 30 years. With the continuous improvement of the infrastructure marked by transportation‚ communications and technologies‚ as well as changing role played by the government and the financial markets‚ firms found new ways and equipped with new abilities to control their operations and interact with suppliers‚ customers‚ competitors and other stakeholders. Given the above infrastructure changes‚ vertical
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Transaction Cost Analysis as Framework According to TCA‚ a transaction is the transfer of goods or a service and the analysis of transactions emphasizes on achieving efficiency in their administration (Rindfleisch & Heide 1997). Firm is a particular form of organization for administering transactions between one party and another and is characterized as a managerial hierarchy. In contrast‚ market governance is characterized as transaction taking place without managerial oversight. Firms exist
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services provided. Bad debt expense is that portion of account receivables that will not be collected. Therefore‚ without any receivables a company will not have bad debts‚ thus no need to estimate any bad debt expense. Business to business transactions are mostly done with a promise to pay for goods and services provided at a later date. When a company sells its products or provides its services to other businesses or even individuals‚ it expects payment for the products or services. In most
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What were Indulgences? An Indulgence is an action or a prayer of sacrifice that can take away all or part of Purgatory for oneself or for another. It is given in return for something good that a person does in this life Purgatory is a place or state of suffering inhabited by the souls of sinners who are expiating their sins before going to heaven. The sale of indulgences What were Indulgences? In Church teaching‚ Purgatory is the way in which God helps us to “make up”
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technology plays an important role in our society‚ computers are generally wanted and sometimes needed by everyone. People use computers for a variety of reasons‚ may it be for chatting‚ playing computer games‚ researching‚ video-conferencing‚ etc. The only thing is‚ not everyone can afford to buy a computer. Because computers are in demand and not everyone has a computer‚ business-minded people then thought of establishing businesses‚ dealing with computer usage. And so internet cafés were made which simplified
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