...Service (IMPS): Introduction IMPS is a service provided by Indian banks to their customers to help them carry out interbank funds transfers in real-time. Customers do not need to wait for the bank to open to transfer money and are free to transfer funds on weekends, holidays or weekdays. The terms of service may be slightly different from one bank to another. The maximum amount that the customers can transfer using IMPS is Rs. 2 lakh. Here are a few ways people can use IMPS: • Transfer funds • Receive payments • Carry out mobile banking transactions • Make merchant payments • Search Aadhaar Seeding status with the bank account IMPS Transaction Charges Banks levy fees on each IMPS transaction. The rate may vary slightly...
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...1. What is IMPS? Interbank Mobile Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. IMPS facilitate customers to use mobile instruments as a channel for accessing their bank accounts and remitting funds. 2. Does the customer need to have a bank account for availing IMPS? Yes, the customer needs to have a bank account with the bank which has enabled this facility. 3. Does the customer need to register to remit the funds through IMPS? Yes. Customer should enroll for Mobile Banking Service with the bank where customer has an account. The registration process shall be as per their bank’s laid down procedures. 4. Is the beneficiary customer also required to register for IMPS? The beneficiary customer should have their mobile numbers registered with the banks maintaining their accounts. He should also have a valid MMID provided by the bank. . 5. What beneficiary details does the customer need to affect an IMPS remittance? The beneficiary details required are: a. Beneficiary’s mobile number b. MMID of the beneficiary customer 6. What is MMID? Mobile Money Identifier (MMID) is a seven digit random number issued by the bank upon registration. Remitter (customer who wants to send money) and Beneficiary (customer who wants to receive the money) should have this MMID for doing this interbank funds transfer. 7. How can a customer generate/retrieve his/her MMID using SMS mode? The...
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...IMPS Limit and Charges: Per day transaction limit and charges for IMPS is largely subject to the member banks. NPCI does not interfere directly in those aspects. The per day transaction limit and charges of some member banks are explained here. Bank Per Day Maximum Transaction Limit Charges SBI Rs. 2 lakh Up to Rs. 1,000 – No Charges From Rs. 1,001 to Rs. 1 lakh – Rs. 5 + GST From Rs. 1 lakh to Rs. 2 lakh – Rs. 15 + GST ICICI Rs. 10,000 using mobile number and MMID and Rs. 2 lakh using account number and IFS code Up to Rs. 10,000 – Rs. 5 + GST From Rs. 10,000 to Rs. 1 lakh – Rs. 5 + GST From Rs. 1 lakh to Rs. 2 lakh – Rs. 15 + GST Features of IMPS: Despite being a fund transfer service, IMPS contains some other important features as well. Such features make it a...
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...SAP SD IMP NOTES ENTERPRISE STRCTURE CLIENT (Company)-A client is a self-contained technical unit. A client can be considered to be a synonym for group. Company Code • • • A complete Accounting unit can be representing as the smallest organizational unit of external accounting. At Company Code level we create Balance sheet required by law Profit and Loss statement. Each company code represents an independent accounting unit. Several company codes can use the same chart of account. Assignment Company code to company Company code to Credit control area Company code to Controlling area Company code to financial management area • (An FM Area is organizational unit which Plans, Controls and Monitors funds and commitment budgets) Controlling area to financial management area Controlling area to Operating Concern. Sales Organization • The highest-level of organizational unit in SD is Sales Organization. • Responsible for Distributing goods and services, Negociation sales conditions, Product liability and other customer rights of recourse. • Sales organization is also used to take for example a regional, national or international. • A sales organization assigned to a company code. Distribution Channel • Distribution Channel represents strategies to distribute goods and services to customer. • DC is assigned to a sales organization. The assignment is not unique. • You can share Customer, Material and Condition master data by maintaining a reference/common DC. Division • A Division...
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...Table of Contents TABLE OF FIGURES 1 Introduction 3 1.1: IMPORTANCE OF THE ESSENTIAL ELEMENTS OF THE CONTRACT. 4 1.1.1. Agreement 4 1.1.2. Consideration 5 1.1.3. Intention to create legal relation 6 1.2: IMPACT OF DIFFERENT TYPES OF CONTRACT 6 1.2.1. Face to Face 6 1.2.2. Written contract 7 1.2.3. Distance Selling 7 1.3. ANALYSIS OF TERM IN CONTRACT 8 1.3.1. Condition 8 1.3.2. Warranty 8 1.3.3. Innominate term 9 1.3.4. Express 9 1.3.5. Implied 10 1.3.6. Exclusion Clauses 10 2.1. APPLICATION OF ELEMENTS OF CONTRACT IN 1ST SCENARIO 10 2.1.1. Agreement. 10 2.1.2. Consideration 11 2.1.3. Intention to create legal relations 11 2.2. APPLICATION OF ELEMENTS OF CONTRACT IN 1ST SCENARIO 11 2.2.1. The law on terms in the case study 1. 11 2.2.2. The law on terms in the case study 2. 13 2.3. EVALUATION OF EFFECT OF DIFFERENT TERMS 14 2.3.1. Condition 14 2.3.2 Warranty 14 2.3.3. Innominate Term 15 REFERENCE 16 TABLE OF FIGURES Figure 1: Composition of an agreement (Komma Naveen Kumar,2011) 5 Figure 2: Types of contract (Business Law,2013) 7 Figure 3: Innominate term 10 Introduction Vietnam JSC Software is a company that specializes in designing software applications for business organizations. The company has derived from applied outsourcing group and e-commerce for the US market in 2000 and it register business in 2003 and continue growth with high speed during recently years. JSC Software is evaluating to be a young...
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...1. IMP Corporation’s concerns lies in the ethical conduct of its supplier, Luaec ABS Products Inc. (Luaec Corp). James Krumpberg, IMP Corp’s VP of Manufacturing, is noticing on a visit to the supplier that there are issues regarding how Luaec Corp’s employees are treated. Not only are they employing young individuals, but they also do not have the proper facilities available for their employee’s use. IMP Corp has the power to raise their concerns to the upper management of Luaec Corp. IMP Corp may raise concerns about their policies and actions and view them as ethical issues; however, Luaec Corp’s practices regarding the young employees are deemed satisfactory in their culture and country. Although these actions are appropriate where Luaec Corp operates, these issues do not match James Krumpberg’s “business principles” and Luaec Corp must keep in tune with the wishes of the societies it serves or it runs the risk of alienating its shareholders, stakeholders and customers (Business Ethics and Corporate Social Responsibility). IMP Corp has the power, at any time, to change suppliers and find a competitor of Luaec Corp whose ethics and corporate social responsibility more align with their business and social beliefs. 2. The ethical concerns of how Luaec Corp is treating their employee’s raises a red flag for James Krumpberg of IMP Corp. These concerns stem from the lack of resources available to employees while on break, a proper working environment, and the long hours young...
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...UVA-OB-0705 MAKING THE TOUGH TEAM CALL (A) Gudrun Dammermann-Priess was stunned after this latest round of project presentations. In the nine years since the international management program (IMP) began, she never had a project so bad that she considered not allowing it to go forward. With only six weeks until the final project deliverable in mid-May 2000—a 15-minute presentation in front of 100 top executives at Continental A.G., including the chief executive officer (CEO) and at least four other members of the Vorstand—the software team project was a potential embarrassment in a very high-stakes environment. The CEO’s concluding remarks from the previous year’s IMP–1999 echoed in her ears. “I would like all my top managers to take notice. If only your presentations were as good as those we have seen this afternoon.” The IMP program had risen substantially in stature and useful strategic output over the last several years, and the risks of presenting a poor project were, for Dammermann, acutely felt. Literally from the very first module of IMP–2000 in November 1999, when teams were put together and matched to mentors and projects, the three members of this project were in complete disagreement about almost every aspect of the project and its development. They disagreed on what the mentor wanted them to accomplish and how they might begin to approach answering the key questions. Furthermore, even though there were some personal interest overlaps, the styles of two team members...
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...Features:- ➢ Enquiry of balance in account(s) ➢ Mini Statement – Last five transactions ➢ Transfer of Funds – Mobile to Mobile Money Transfer through IMPS ➢ Mobile Top up ➢ DTH Top up / Recharge ➢ Easy, Safe & Convenient ➢ SMS Charges as per the user plan for 9223440000 ➢ SMS Charges of ` 3/- will be applicable for 567676 Registration Process:- ➢ Send SMS to 9223440000 ➢ You will get a User id and default MPIN Change MPIN:- It is mandatory for the customer to change the MPIN before visiting the ATM / Branch for activation. It is desirable to change the MPIN at regular intervals or whenever there is an apprehension that secrecy has been lost. ➢ For changing the MPIN, the following message is to be sent to 9223440000 ➢ ➢ SMS – “Your MPIN is changed” is received. Activation of Service at ATM:- ➢ You have to activate your service on ATM or at your branch. Please ensure that you have changed your MPIN before registering at the ATM. ➢ Go to ATM and after swiping your Debit Card choose Mobile Registration -> Enter your ATM PIN -> Mobile Banking –> Registration –> Enter your Mobile Number. Choose yes after ensuring the correctness of the entry. Then the Mobile Number entered by you is displayed. Choose Confirm. ➢ You will get a SMS regarding activation of your account. ➢ In this process of registration, the Primary Account linked to the ATM card is enabled for Mobile Banking Service...
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...such as large mobile user base along with commenced Aadhaar project. * The government intends to make cash payments directly into the accounts of aadhaar beneficiaries. * So to serve all these account holders there is enough scope for intermediaries to come up with solutions and tools to educate these new users. * Services in local languages and offering varied conveniences may lead to early adoption of m-commerce. M-Commerce Efficiency * There is much efficiency to be earned by converting a cash economy into an electronic economy. * Huge costs are involved in the back-end of a cash economy. Example-A customer makes his premium payment to an advisor in a village, who puts this money in the branch, which hands it over to the bank and thus a long value chain involved. * Now in electronic economy costs will reduce. Example-A customer hands over cash to advisor and advisor makes a mobile payment through (USSD) Unstructured Supplementary Service Data mechanism. When the advisor accepts...
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...Quality Management and Performance Measurement in Manufacturing Companies – The Case of Vietnam Phan Chi Anh Departement of Business Management Systems International Graduate School of Social Sciences Yokohama National University anhpc@yahoo.com Yoshiki Matsui Departement of Business Management Systems International Graduate School of Social Sciences Yokohama National University ymatsui@ynu.ac.jp others. This study examines the result of ISO 9000 implementation and its impacts on quality performance and performance measurement system. This study can be very useful to organization, especially the manufacturers in developing country, which attempt to identify factor of management system to improve competitiveness. Abstract Manufacturing companies in developing countries, irrespective of size or sector , often use ISO 9000 as a route to world-class status. Based on the results of an investigation by questionnaire in various manufacturing companies in Vietnam, the research is aimed to study if ISO 9000 implementation has any impact on improving the company competitiveness. Firstly, the study examines the situation of ISO 9000 implementation and its relationship with quality performance. Secondly, the study examines if ISO 9000 implementation influences the performance measurement system. The regressive models are constructed to evaluate the contribution of ISO 9000 to company performance and performance measurement system. Finally, the recommendations for further deployment...
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...Part A Executive Summary (one Page) Part B+ Part C + Part D= Max 8 pages Part B (imp) Q. Cisco is committing to produce Viking at a single source Foxconn. Moreover, the Viking production mostly takes place within two-hour driving distance of the Hong Kong fulfillment center. “Cisco ran the risk of being overly dependent on a single supplier and whatever financial and operational constraints it had”. What are the potential risk factors in and around Hong Kong? Some risk factors are natural disasters (flood,tornado, earthquake), medical emergencies (bird flu or similar outbreaks that halt trade), accidents (fires), sabotage, political unrest. Can you add to this list? Discuss which of these adverse events are more likely. Suppose that a severe typhoon damages the infrastructure (power lines and bridges) in Hong Kong and Guang Zhou, and makes it useless for three months. What actions can Cisco take to satisfy customer needs for routers? Organize your thoughts/discussion/proposed plan in 2-3 items so that it can be briefly presented to executives in an executive summary. Answer Part C(Imp) 1. What are the challenges and risks faced by technology companies in new product introduction? Answer 2. What were the risks and benefits of using Chinese contract manufacturing from the start? Answer 3. In selecting Foxconn and expanding its role in the supply chain, what were the potential risks and values to Cisco? Answer 4. What should Cisco do to mitigate these...
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...such field to make proper use of our knowledge in our practical life only, then we come to know about the benefit of the theoretical knowledge. This report is on a study of the General Banking” of Shahjalal Islami Bank Ltd. Uttara Branch. Sahajalal Islami Bank Limited is a private commercial bank, which is 6th Islamic Shariah based bank in Bangladesh. The Bank started its operation on 10th May 2001, during this period it could improve its image in the society as an Islamic Bank. Now it has 26 branches in Bangladesh. All branches are situated in the highly demanded areas. As a new bank, Shahjalal Islami Bank Limited has been competing with other private banks where all the banks are adopting different incentive programs to attract the customers. Accordingly, SJIBL is offering different type of deposit scheme bearing highest rate of return. Mudarabah Deposit Scheme, Monthly income scheme and Millionaire scheme, Double Benefit Scheme are the most popular offers that are completely new innovation in the banking sector and widely accepted by the clients. With crumble down of the world economy caused by nine eleven attack. It is observed that the competition becomes intensive in the globalization process. Our country has also participated in the race for its existence. Therefore, it becomes obvious for us to increase the field industrialization. SJIBL is playing a vital role in developing industry of the country and...
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...Scrum is the best agile methodology used today. features are written from the perspective of end user therefore features--->known as user stories Collection of all user stories-->product backlog Into a particular release which user stories v r gng to put resp of Product owner makes sure that the right features make it into the product backlog rep the users n customers of the product,she helps consider the direction of the product resp of Scrum master-->project is running smoothly, every member fulfills their job,sets meetings and monitors the work being done and facilitates release planning other team members Developer build the product Tester test it to make sure it runs smoothly Customer use it n hopefully pay fo it executives u cant build any product without them Release Planning Strt with product backlog n identify the user stories thy want to put in release. these user stories thn become part of release backlog the team prioritizes the user stories and allocates time for each story so thy get a rough idea of time taken for estimated work lots of techniques for creating good estimates Estimates: some prefer estimating in story points where estimates are made relative to building a small component with a known level of a known level of difficulty. Story points dont estimate when will my product ship so v go to estimate work in hours--> 1,2,4,8 hrs for smaller items and 2,3,5,10 days for larger items(9 day work will go to 10 day bucket ) ...
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...Vodacom, the largest mobile network operators in Kenya and Tanzania, M-Pesa is a money transfer and micro-financing service. Further it has expanded its service to Egypt and India in the year 2013. Using the M-Pesa service, a customer can send up to Rs 5,000 at a time. In a month, he/she can use this service to send up to Rs 25,000.The motive behind coming up with such kind of service in India is especially to tap the rural areas customers and the migrant workers who need to send money home every month that are mostly found in metro cities. To open M-Pesa account Vodafone customers need to visit a designated...
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...es salaam P.O Box. 35046 Dar es salaam, Tanzania Tel: 255 741 323661, 255 22 2410221 Fax: 255 22 2410510 Email: Lettice@fcm.udsm.ac.tz Jan-Erik Jaensson Umea University school of Business Administration and Economics, Sweden Jan-Erik.Jaensson@fek.umu.se Abstract This paper reviews the networks and the IMP literature to inform research on the network phenomenon in small and medium enterprises in Tanzania. It is noted that while a lot of work in this area has been done in Western Industrialized countries, little by way of serious research has been undertaken in Sub-Saharan African (SSA) countries. The role of networks in enterprise development and growth in these countries remains unexplored and therefore unclear. It is argued here that research on networks needs to be contextualized if it is to gain currency. Integrating the networks and the IMP perspectives this paper identifies three crucial areas relevant for future research in Tanzania: viz, the network-performance nexus, female versus male networks and social networks. Introduction The main purpose of this paper is to provoke research on networks in Small and Medium Enterprises (SME) in Tanzania. We integrate the networks, IMP and entrepreneurship literature to justify research in this area. In the entrepreneurship literature networks have been identified as one of the solutions to problems faced by SMEs, especially at the start-up stage. A research focus on this line of enquiry at the SME level in a developing country such...
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