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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Transaction Terminal 94 POS CDMA Overview Visontek 94 POS terminal with in-built finger print scanner is specially designed to address NREGA‚ Microfinance and PDS Segments with biometric authentication for beneficiary transactions. It is based on CCD finger print sensor with proprietary and precise algorithms which support ANSI 378 and ISO 19794 template formats for both enrollment and verification. The 94 POS comes with seamless connectivity options like GSM/GPRS‚ CDMA and Ethernet. Visiontek
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the level of competition in Business-to-Consumer (B2C) E-commerce environment and the investments required to attract new customers‚ firms are focusing on reducing their customer churn rate. Churn rate is the ratio of customers who part away with the firm in a specific time period. One of the best mechanism to retain current customers is to identify any potential churn and respond fast. Detecting early signs of a potential churn‚ recognizing what the customer is looking for by the switch over and
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Is B2B Marketing dead?? How has technology affected B2B marketing? In the current market scenario‚ where all kind of information is available to suppliers‚ customers and manufactures‚ there is a general belief that B2B marketing is dead. But the fact is that B2B marketing is still alive. In the previous market scenario‚ before the advent of information systems or the internet‚ the information held by the vendors and manufactures was the unique selling point. In that case B2B marketing was very important
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Online transactions are better than the conventional manual transactions Online transaction or online banking‚ which is a process of entering into transactions by a particular client and the bank using modern technology. Nowadays‚ with modern technology such as computer and mobile phone‚ people can do the online transaction at anytime and from anywhere. However‚ do we really know whether online transaction is beneficial? Even though most people think that online transaction is more risky than manual
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Commercial document issued by a seller to a buyer‚ relating to a sale transaction and indicating the products‚ quantity and agreed prices for products or services the seller has provided the buyer Used when a customer would like to know the details of their purchase and what they are paying for Sent by the buyer to the supplier Used for the demand of payment For example you order a phone online‚ you get a paper with it that shows what you order‚ the order number‚ how many you ordered‚ how much it cost
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Transaction Processing Systems Definition: A Transaction Processing System (TPS) is a type of information system that collects‚ stores‚ modifies and retrieves the data transactions of an enterprise. A transaction is any event that passes the ACID test in which data is generated or modified before storage in an information system Features of Transaction Processing Systems The success of commercial enterprises depends on the reliable processing of transactions to ensure that customer
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BUSINESS CASE An Online Registrar Transaction for Form-137 and OTR Requests Xavier University- Ateneo de Cagayan is one of the most prestigious schools in the country. It doesn’t just have high standard education and high status in terms of academic value and but also has high technological competence. It has practiced technology-based transactions for faster and more convenient dealings. In addition‚ Xavier University‚ headed by the University President‚ has five clusters and these are
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IN SEARCH FOR YOUR B2B LEADS An Overview: Business-to-Business (B2B) A lead is the key person in the B2B business. The present and the future success of any organization depend upon the type of leads it owns. A lead is basically a potential buyer or consumer for any product or service. It is very essential to identify it. Thus‚ companies go for outsourcing to the B2B lead generation companies. Though lead generation is one of the most key activities for a company‚ but it is wise to outsource. The
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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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