Thursday, May 21, 2020

Electronic Financial Systems ( Efs ) - 739 Words

Electronic Financial Systems (EFS), a subsidiary of JPMorgan Chase, focuses on providing customers electronic benefit transfer (EBT) services. EBT is a well-known financial service allowing U.S. recipients to acquire government benefits through a single debit card solution. EFS’s mission is to maintain a top position in the EBT marketplace by providing superior services along with the most widespread debit card network. The needs of EFS are to maintain a stable, industry standard system that provides the very best service and support to its clients. This includes, so as to ensure exceptional customer satisfaction, that the organization provide assurances that funding be provided timely, accurately, and with the greatest of security†¦show more content†¦Theses steps include assessing the individual’s comfort zone, that needs are met by the job void left behind, the new team has the capacity to assimilate for the new position, and a transition plan is in place (A zulay, 2013, p. 77). Computer-Based Training Having intimate experience with information technology, EFS software developers are prime candidates to fully take advantage of computer-based training. The software development industry, as is the case with many in the technology sector, is prone to rapid advancements that affect many areas, such as ongoing advancements to programming languages, development frameworks, and design patterns. Because of the cyclical nature of software paradigms, computer-based training is an excellent method of ensuring employee skill gaps are tailored to the individual, so as to customize training that fully capitalizes upon improving specific competencies, in ways the classroom settings is incapable of providing. Coupled with the ability to deliver new knowledge based upon the trainee s schedule, this training method can satisfy demanding schedules. But, careful consideration must be placed upon the quality of the computer based training, rather than believing it a panacea. Nick van Dam, an expounds upon this concept, saying â€Å"the most important factor in the retention of knowledge is the quality of the design of learning, rather than theShow MoreRelatedComponents Of The Information Security Triangle And List One Violation2215 Words   |  9 Pagesavailable when it is needed. In this modern world it very hard to operate without information systems. In order for a system to demonstrate availability, it must have properly functioning computing systems, security controls and communication channels. Example: The most available systems are accessible at all times and have safeguards against power outages, natural disasters, hardware failures and systems upgrades. 2. Do problem 17 on page 30.Name three methods to enforce data integrity and provideRead MoreHow Payment System All Over The World Has Experienced A Period Of Dramatic Change Essay882 Words   |  4 PagesINTRODUCTION Payments system all over the world has experienced a period of dramatic change. Consumers, businesses, and government are moving away from paper checks and towards electronic forms of payment. Technological advances and competitive forces are fundamentally altering the payments landscape, with important implications for efficiency, safety, and access. A payment card is a device (embossed plastics) that enables its owner (the cardholder) to make a payment by electronic funds transfer. ThisRead MoreCobit Framework21120 Words   |  85 PagesGERMANY GHANA GREECE GUAM GUATEMALA HONDURAS HONG KONG HUNGARY ICELAND INDIA INDONESIA IRAN IRELAND ISRAEL ITALY IVORY COAST JAMAICA JAPAN JORDAN KAZAKHSTAN KENYA KOREA KUWAIT INFORMATION SYSTEMS AUDIT AND CONTROL ASSOCIATION A Single International Source for Information Technology Controls The Information Systems Audit and Control Association is a leading global professional organisation representing individuals in more than 100 countries and comprising all levels of IT — executive, management, middleRead MoreImplementing A Single Free Trade Area For Asean Integration ( Iai )1745 Words   |  7 Pagesa region of equitable economic development, and a region fully integrated into the global economy. The AEC is envisaged to be an open, outward-looking, inclusive and market driven economy consistent with the multilateral trading system, and adhering to a rule-based system that is compliant with the implementation of economic commitments. Attainment of the AEC aims to deepen and broaden economic integration and facilitate the free movement of goods, services, investment, skilled labor and the freeRead MoreEmergency Preparedness And Disaster Response Efforts2465 Words   |  10 Pagesthe best decisions based on accurate data. As with any software upgrade or implementation there are inherent problems. One of the main complaints of HIT adoption often comes from staff is the often steep learning curve required for new software systems. Most of the software errors and glitches have been ironed out of mainstream software, and much of the time the company who created the software has training materials, or perhaps even classes to teach one employee how to use the software, who thenRead MoreElectronic Forms Of Payment Cards1742 Words   |  7 PagesINTRODUCTION Payments system all over the world has experienced a period of dramatic change. Consumers, businesses, and government are moving away from paper checks and towards electronic forms of payment. Technological advances and competitive forces are fundamentally altering the payments landscape, with important implications for efficiency, safety, and access. A payment card is a device (embossed plastics) that enables its owner (the cardholder) to make a payment by electronic funds transfer. ThisRead MoreFortune 500 Company : First Data Corporation2813 Words   |  12 Pages10, 2015 Fortune 500 Company – First Data Corporation Introduction First Data Corporation powers the global economy by making people and businesses to purchase products and services easily, quickly and securely, using virtually all types of electronic payments. No matter if a payment is made with a gift card, a credit or debit card, or even a check, First Data always processes the transaction and safely use the power of information in favor of millions of merchants and thousands card issuersRead MoreMedication Errors in Clinical Settings - Detection and Risk Management2583 Words   |  11 Pagesin 1 of 25 hospitalised patients. While the medication error rates in hospitals ranges from 4.4 to 59.1%, worldwide reporting of medication errors is less than 5%. A report from Institute of Medicine (IOM) â€Å"To err is Human: Building a safer health system† (Nov 1999) stated that 44,000 to 98,000 Americans die each year as a result of medication errors and it is the eighth leading cause of death among Americans. A comprehensive population based H arvard Medical Practice study reported that 4% of medicationRead MoreMultinational Management of Working Capital15525 Words   |  63 Pagescash. From an international perspective, cash management is very complex because laws pertaining to cross-border cash transfers differ among countries. In addition, exchange rate fluctuations can affect the value of cross-border cash transfers. Financial managers need to understand the advantages and disadvantages of investing cash in foreign markets so that they can make international cash management decisions that maximize the value of the MNC. The specific objectives of this chapter are to: Read MoreHelping Other People Everywhere Community Services Essay2207 Words   |  9 Pagesgoodie bag. The bag will include a t-shirt, number tag, medal of participation, and items from sponsors, such as sport drinks and energy bar. Equipment to take into consideration are such as, barricades, cones, signage, tents, tables, chairs, and electronic system to track participants timing. A bottom-up budgeting approach will be used to estimate the cost required as shown below. For this event, donations from all sectors will be gladly accepted, and will be looking for sponsors to sponsor a target of

Wednesday, May 6, 2020

The Issues Of The Companies Act - 2134 Words

The Companies Act, 1956 lays down the detailed provisions with respect to the preparation and maintenance of books of accounts and of annual accounts and also the publication of the same in the prescribed manner. It specifies the roles, responsibilities, duties and liabilities of directors and also the matters to be reported upon by them in the annual reports of the companies disclosing the required information. Under the provisions of the Act, it is compulsory for all companies registered under it to prepare the annual accounts and get them audited by an independent auditor. The Act extensively deals with the qualification, appointment, removal, rights, duties and liabilities of auditors and provides contents of auditors’ report. In case†¦show more content†¦2.1.1 Disclosure of Financial statements Section 128 of the Companies Act, 2013 deals with the books of account and mandated that every company shall prepare and keep at its registered office books of accounts and other relevant documents and financial statements for every financial year which give the true and fair view of the state of the affairs of the company. The section also makes it mandatory for the companies to keep the books of accounts of the branch offices at the place of registered office. Such book keeping has to be done in accordance with the accounting standards and in consonance with the accounting principles which have been given statutory recognition. Up to 1997 there was no statutory backing of accounting standards in India and there was only professional requirement by the ICAI, the standard-setting body in India for ensuring compliance of accounting standards through audit function by its members. However, in the absence any statutory requirement of the observance of accounting standards on the managem ent of companies, compliance with accounting standards was left to discretion of the management. In 1998 the Companies (Amendment) Ordinance, 1998 was promulgated by the President of India. This Ordinance gave statutory recognition to accounting standards and required the auditor to report on the compliance with accounting standards. The ordinance also provided for the constitution of

Marketing in Contemporary Context Free Essays

Marketing in Contemporary Contexts| October 15 2012 | From: Hong Minh VuStudent ID 1216011To: Dr. Amandeep TakharUnit leader of Marketing in Contemporary Contexts| | There can be various answers to this question, and it can be varied in depth and example. From my understanding, I feel that marketing does both. We will write a custom essay sample on Marketing in Contemporary Context or any similar topic only for you Order Now It creates and also satisfies needs of customers. For establised firms, it’s essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer’s needs, the firm thus tries to understand it’s customer’s needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to ‘create’ needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. The traditional concept of marketing was only about sales or meeting the â€Å"current needs† of a consumer. But the same cannot be felt, today with the number of firms on the rise in the same industry, state and even the same street. Everyone is in a race either to: * Capture a customer   and satisfy their needs * Create a customer and satisfy their needs. So what If the competitor has already captured the potential customer, there are many more people in the market yet to realize the need which is created but not actually needed. Let’s take an example. Mac Books or laptops are such a common commodity among students and even school kids irrespective of the fact that it is not really needed. Can’t they manage with a desktop at home? But now day’s companies do more! They educate people and give them eason to buy their products and this is what people might call it â€Å"creation of needs† people purchase something when they need it, if they think they do not need the product they may not purchase it. How many people today in Pakistan need I-pod? How many people really need Mobile + Internet + Camera + TV all in one set? Can we call it marketers created their needs? References Parsons, E. and Maclaran. P. (2010), Contemporary issues in Marketing Consumer Behaviour, Butterworth Heinemann Kotler, P. and Keller, K. (2012), Marketing Management, Pearson Education How to cite Marketing in Contemporary Context, Essay examples