Describe a payment system in details and discuss why you believe it to be the most appropriate in terms of staff motivation A payment system is a method by which the salary or wages of an employee is calculated‚ it involves balancing the organization interests with those of its employees. The payment system is the infrastructure (consisting of institutions‚ instruments‚ rules‚ procedures‚ standards‚ and technical means) established to effect the transfer of monetary value between parties discharging
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Payment Methods Fee-for-service is when a patient pays a fee for the services provided by a healthcare provider. According to Valerius et al. (2012)‚ the more patients a physician sees in the fee-for-service‚ the more charges the health plan repays (section 1.4‚ p. 11). On the other hand‚ capitation payment cycles involve the first party‚ which is the patient‚ policyholder or employer (Valerius et al‚ 2012). Also the capitation payment cycle includes the second party‚ which is the provider
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Applications (0975 – 8887) Volume 55– No.10‚ October 2012 Online Payment – Innovation in Split Tender Payment R Nagasubramanian Research Scholar‚ Vels University‚ Plot 2A‚ Andavar Street‚ Ganapathy Puram‚ Chrompet‚ Chennai – 600 034 S.P.Rajagopalan‚ PhD. GKM College of Engineering & Technology‚ Chennai- 600 063‚ India ABSTRACT Online Payment is the fastest and secured way of making payments for various purposes like making utility payments‚ transferring funds and making purchases online. This paper
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7 (a) Explain the current and financial accounts in the balance of payments. Balance of Payment or also called as BOP is a statistical statement that systematically records of all economic transactions between one country and the rest of the world during a given period of time. For example‚ BOP shows the details of the total payments made by a country and also the total receipts by it. There are three major components that are summarized in the BOP which are Current account‚ Capital account and
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named Peter Darby. I produced for your company three hundred office desks. I has passed two month since the delivery. This order was at very short notice‚ but we were able to react quickly and deliver .. goods in time. We have yet not receive the payment for this contract. In the terms and conditions of our sales agreement … is clearly stated‚ that you have to sent ..payment within thirty days of receipt of invoice. Our company is known for their patience and good handling with customers. I have already
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The dollar‚ the most vibrant currency of the world has been the common medium of exchange in international trade. Therefore‚ building up of foreign exchange is imperative for progress of any economy. Indian’s position of foreign exchange reserves was seriously jeopardized in the early 90s when it had just $1 billion of foreign exchange. The subsequent liberalization and revaluation of Indian currency has seen a gradual increase in the foreign exchange reserve of the country. Again‚ it had to be
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day. Not only do the clients have more international demands‚ but production facilities need to be set up in more and more countries. This morning a new logo was introduced to symbolize the worldwide image of the company. The next item on the agenda was a worldwide marketing plan. Mr. Smith‚ the CEO‚ saw a chance to bring forward what his MBA taught him to be universally applicable management tools. In addition to global images and marketing‚ he saw global production‚ finance‚ and human-resources
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------------------------------------------------- ------------------------------------------------- LAWS2017 Real Property ------------------------------------------------- Comprehensive Study Notes 1. Common Law and Equitable Approached to Competing Interests The basic rules of priority: 1. Priority disputes occur when two or more people claim independent property rights that cannot co-exist. When one property right takes priority over another‚ the latter is extinguished or diminished to the extent of
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Physical Dimensions. RIGHTS ABOVE SURFACE →The owner’s rights in airspace should be restricted to “any such height as is necessary for the ordinary use and enjoyment of his land and the structures upon it”. If within this meaning their may be an action in trespass. – Berstein v Skyviews and General Ltd. S 2(1) of the Damage by Aircraft Act 1952 precludes action in trespass for overflying aircraft.→ An intrusion by a land based structure located on the defendant’s land constituted a trespass to the
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available to invest in the rest of the world. One feature of oil-exporting emerging economies‚ though‚ has not changed: their propensity to peg to the dollar. Apart from Kuwait‚ the oil-exporting economies in the gulf peg to the dollar even more tightly than China. Other oil-exporting economies peg to a basket‚ often one composed mainly of the dollar and the euro. Some economists and financial people believe that the oil-exporting economy should continue pegging to the dollar‚ while others argue against
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