2.13 THE HISTORY OF ELECTRONIC FUND TRANSFER The history of electronic fund transfer and electronic banking are to a large extent ‚closely interrelated with that of the automated banking systems and also the growth of the consumer financial service market now widely offered by banks. The global advent of electronic fund transfer was first marked in the 1950s when there began a major shift in focus of commercial banks to provide services for smaller businesses and individual consumers rather mainly
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What are some factors that project a company’s culture? List some examples. Culture is a composite of many factors that project the shared values of the people who work in a firm. Thus‚ the way an employer behaves his/her employees will be similar to the way the employees will behave the customers. In order to achieve this‚ there are some subtle behaviors that can send the most powerful messages to the customers. These involve the prompt initiation of the conversation‚ verbal greeting‚ getting
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What would life be without Diversity Programmes? For most of us‚ college life may not be significantly different – we would still interact with people from other social groups‚ and I believe Amherst will still aspire to be ‘diverse’. However‚ we would definitely have a much limited capacity in reaching out to shyer applicants unsure about their place in Amherst‚ which is still often characterised as school that caters to a select kind of person. Besides‚ what does ‘diversity’ actually mean anyway
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yes we are getting a feeling that they are becoming entertainment channels.. .but in business point of view‚ what they are doing is right to some extent. ..there are hundreds of news channels in India...each month the number is increasing...the aim of every channel is to get new customers and retain the existing...as far as financial cost for maintaining a channel is concerned ‚its huge... so it is a do or die situation for them..a channel has to target all kinds of viewers ..if u examine the
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What would happen without animal testing? Imagine a world where everybody is sick. Thats what will happen without animal testing‚ where humans would experiment on each other to keep us “safe”. Medical testing on animals is good for these reasons: it helps in the development in medicine‚ finding and curing new diseases‚ and keeping humans from dying from the new drugs that have defects. Medicine Medicine is a necessity for human life in the current generation with all the current and new diseases
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Cost Control and Cost Reduction A business enterprise must survive‚ grow‚ and prosper. Cost Control and Cost Reduction are activities necessary for ensuring that these objectives are fulfilled. With the liberalization of the Indian Economy and Globalization‚ there is now a cut throat competition from various concerns of the world. As a result there is now a race to secure a place for survival. This has increased the importance of cost control and Cost Reduction. Cost Control “Cost control
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Max Weber said there are three components to social class power‚ prestige and property; also known as the three P’s of social class. Property (or wealth) can be seen as not only owning property‚ but controlling the property for their benefit. Power is the ability to control other people even if they resist the control. Lastly‚ prestige is the admiration of people to someone who has wealth and power (Henslin‚ 2014). The conflict perspective emphasizes that the creation of social classes with the
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Why Shakespeare would not work in the N.W.S? Throughout this novel‚ it is evident that not only is Shakespeare prohibited in the new world but it would also not work. For example‚ in chapter 12‚ John reads passages from Shakespeare to Helmholtz. Helmholtz enjoys the poetry‚ but when John reads a passage taken from Romeo and Juliet‚ Helmholtz starts laughing even though it is inappropriate to do so. “When Juliet said this‚ Helmholtz broke out in an explosion of uncontrollable guffawing.” (Huxley
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acceptable in benign environments‚ but can be unsafe or have limited life in the presence of moisture. In explosive atmospheres and in undersea applications‚ special connectors must be used. This paper describes a technique‚ the contactless energy transfer system (CETS)‚ by which electrical energy may be transmitted‚ without electrical connection or physical contact‚ through nonmagnetic media of low conductivity. The CETS‚ which has been used to transfer up to 5 kW across a 10-mm gap‚ employs high-frequency
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different quality material from standard; Buying materials from a non‑usual source due to urgency; Utilising different labour from standard; Price changes due to economic conditions; scarcity of supplies; Choosing to incur additional discretionary fixed costs; More (or less) overtime hours used than budgeted. 2. Efficiency/usage/quantity variances: Standard is out of date‚ set without due care; Inefficient use of material/labour‚ deliberate or otherwise; Poor supervision/equipment/maintenance.Changes in
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