Impact of IT in Changing banking operation Introduction of Indian banking industry History of Indian Banking The oldest bank in existence in India is the State Bank of India‚ which originated in the Bank of Calcutta in June 1806‚ which almost immediately became the Bank of Bengal. This was one of the three presidency banks‚ the other two being the Bank of Bombay and the Bank of Madras‚ all three of which were established under charters from the British East India Company. For many years the Presidency
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3.7 Impact of Global Financial Crisis on Australian Economy The effect of the global financial crisis on Australia has been considerably less‚ compared to the other affected countries. The Australian economy has revealed better outcomes than most other developed economies‚ which experienced recessions and rises in unemployment. Also the Australia banks have managed to be profitable without requiring any capital injection from the Government. The noticeable collision of the financial crisis on most
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The impacts of introducing an e-commerce system to the organisation are followed: • Organisation can carry out their business without concerning about time and distance. Customer just can log in to organisation’s website whenever they wish to and purchase in single mouse click. • Organisation eliminates processing errors; make it faster and convenient for the visitor. • Organisation can sell their services/products directly to customers while cutting the costs of traditional retailing method
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The impact of the financial crisis on Africa By Eric Essuman Duodu Most Africa countries had enjoyed steady but minimal economic growth in the last decade partly due to lack of good governance and accountability. Nonetheless‚ the emergence of the Western financial crisis has further deepened the economic woes of third world countries. 2. Many were of the view that the impact of the crisis on the continent would be minimal because of African’s limited integration in the global market but the
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Operations management has had to deal with a new type of business management in a business world that is vastly changing with new technology. Operations managers have had to adjust and retool how business is done since the inception of e-commerce. The impact that e-commerce has had on how an operations manager address a situation can vary from extreme to barely noticeable. Management has also had to learn how to adopt new technology with the growing e-commerce world. This has brought obstacles and
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Critically evaluate legislation in relation to Special Educational Needs and the impact of legislation on practice. Children with any form of disability or additional needs have‚ historically received unequal treatment in education. Towards the end of the 19th century‚ the introduction of compulsory laws began to change the educational opportunities for these children. This essay aims to look at such legislation and how it impacts on today’s practice. What does the term “special educational needs”
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Case: Assessing Martin Manufacturing’s Current Financial Position Martin Manufacturing Company Historical and Industry Average Ratios Ratio | Actual 2004 | Actual 2005 | Actual 2006 | Industry Average 2006 | Current Ratio | 1.7 | 1.8 | 2.5 | 1.5 | Quick Ratio | 1.0 | 0.9 | 1.4 | 1.2 | Inventory Turnover (times) | 5.2 | 5.0 | 5.3 | 10.2 | Average Collection Period | 50.7 days | 50.8 days | 58.0 days | 46 days | Total Asset Turnover (times) | 1.5 | 1.5 | 1.6 | 2
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Great question. The simple response is that well-developed‚ smoothly operating financial markets play an important role in contributing to the health and efficiency of an economy. There is a strong positive relationship between financial market development and economic growth. For example‚ in Chapter 1 of their 2001 book‚ Financial Structure and Economic Growth‚ editors Demirgüç-Kunt and Levine concluded: In particular‚ researchers have provided additional findings on the finance-growth nexus
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My interest lies primarily with teaching new skills to older and disabled people. The key legislation that may apply includes: Equality Act 2010 Health and Safety at Work Act 1974 Equality Act 2010 gives legal protection against deliberate or inadvertent discrimination to people with one or more protected characteristics‚ which include: Age Disability Race Religion/belief Gender Sexual orientation For example: Having a training session in a room only accessible by stairs would discriminate against
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INTRODUCTION Just as organisations have goals describing their primary business objectives‚ they also have goals with respect to controlling how these objectives are met. These are the control goals of an organisation which are enforced through a system of internal control. Such a system enables them to adhere to external laws and internal regulations‚ prevent and detect fraud and continuously enhance the overall quality of the business. Independent of the type of organisation‚ these internal control
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