...Students Need Financial Literacy Our economy is a system that produces and consumes goods or services and we, as a society, should carefully manage those resources to the best of our ability. This is where being financially literate becomes valuable because it guides the planning, budgeting, and accounting of all resources. It also provides stability with saving, spending, and debt management. Financial lessons can be useful in other aspects of life, such as, knowing how to prioritize deadlines and making sure to utilize time effectively. These lessons could also assist in saving a relationship or help differentiate between right and wrong, and that is why students need financial literacy. Each state throughout the country has their own policies for integrating financial literacy into their curriculum. However, some states are more superior to others with regards to teaching this topic. Jump$tart Coalition, a non-profit organization interested in advancing financial literacy among students, shows a map of only five states that “Requires at least a one-semester course devoted to personal finance” (Jump$tart). Most schools offer economics, advanced math, accounting, or current events as electives. Yet, many schools disregard financial literacy and it should be considered a requirement because students need to understand the basics of money. They need to understand how it works, the consequences of misuse, and the accomplishment of succeeding. A lot of students have...
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...Hung Due date: 10.10.2012 1. What benefits does mobile banking provide to consumers? Why haven’t more many consumers adopted mobile banking yet? The first benefit the mobile banking offers is that you can use the bank service at any time. When you are traveling, you may not have access to a bank of ATM machine. However, if you have a cell phone, you may be able to set up mobile access for your bank account so that you can check your balance and transfer funds while on the road. Account security is another key benefit for mobile banking. While you are making transactions in business trip, you can also check your bank account on your cell phone for unauthorized transactions. To avoid that when you are getting home from a long trip, you discover that may have been a victim of fraud. Paying bills are the third feature of benefit. In current working environment, people are busy at work during the weekday, and therefore they may not have chance to handle their bills. Mobile banking offers a platform to access your bank account to pay your bills, such as utilities, credit card payments, and auto insurance. The last feature of benefit is that mobile banking offer complete security. People may wonder that what if cell phone is lost or have been stolen, the mobile banking will not as attractive as it should be. Thus, mobile banking encrypts your information, and adds more security on your account, which the service must be set up from a computer. Moreover, the...
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...and success over the years. this is the success that leads us to create greater value for all our stakeholders. ever since our products first touched our customers more than 50 years ago, a strong dedication to enrich our customers’ lives and a spirit of respect and unity among colleagues has always been at the heart of the Company. our management philosophy is a reflection of core beliefs, values and aspirations that has driven our growth and success over the years. this is the success that leads us to create greater value for all our stakeholders. Our Vision Being a no. 1 company is not about being the biggest or the most profitable. a true no. 1 company is one that holds sound and transparent management practices as the foundation to achieving global competitiveness and preeminent market presence. this is our promise to our stakeholders. We continue to practice “the right Way” to build an lg electronics that is respected by competitors, trusted by its customers and admired by talented people around the world. Our Philosophy ‘Creating Customer Value’ represents what we strive for in our daily activities. in everything we do, we always consider what our customers expect and make our customers’ needs the foundation of all our business activities. By constantly innovating and reinventing our products and services, we actively...
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...torts, negligent torts, and strict product liability torts” (Tort Law Overview, 2010, para. 4). We will use the above-mentioned categories to discuss the tortious acts caused by Nonlinear Pro against Quick Takes Video. We will identify potential tort risks, apply Harb’s 7-step risk management process to the main tort violation to mitigate the risk, and discuss when it is time to involve legal counsel. Potential Tort Risks After reviewing the product liability video Team A found there were a number of torts violations, we will discuss intentional torts, negligence, product liability. Intentional Torts According to Cheeseman (2010) an intentional tort is, “a category of torts that requires the defendant possessed the intent to do the act that caused the plaintiffs injuries” (p. 75). Here, we will discuss how Nonlinear Pro intentional misrepresented the product to Quick Takes Video. Intentional Misrepresentation. Intentional Misrepresentation is, false representation of material facts with the scienter, the innocent party must rely on the misrepresentation, and there is an injury (Chesseman, 2010). Nonlinear Pro promises Quick Takes Video a superior product that will meet their needs and cut project time in half. These benefits came at a lower cost than their competitors. However, when Quick Takes Video used the product, the equipment underperformed. Quicktext lost time and money which delayed production. The inefficiency of equipment caused monetary injury to Quick Takes Video...
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...underwent rapid development which includes how they handle different risks to survive in their industry. As the financial activity has become a major economic activity in most economies, any interference or imbalance in banking system’s infrastructure will have significant impact on the entire economy. So to avoid any disruption on this, different banks used their own risk handling methods otherwise called a risk management as their key solution on this. Risk is a situation involving exposure to danger. It is the possibility that something unpleasant will happen. It may be also an object (person or thing) that creates or intensifies a risk situation. It may be also a scenario that can be described (qualified, if not quantified) and that may be damaging, in any way, to an organization or institution. It may cause a “loss” directly or indirectly. Any manage and control of potential risks is called risk management. It has a big part in any organization or an institution to have awareness. In the field of banking, it is an industry called as risky business and there is always a management as front-runners when it comes to risks. Risk management approve and monitor risk limits, limit exceptions, new forms of transactions and function as eyes and ears of senior management with regard to risk taking of business. Due to these various uncertainties and risks, bank managers need...
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...at times. There are two consulting rooms, one operating theatre /X-ray room, a drugs storeroom, a reception /office area, and a small waiting room. One problem at the current location is that vehicle parking by clients is very difficult in the busy, congested street. Simon is nearing retirement age but does not want to fully retire yet and would like to become part-time, with his son playing a larger role and the practice taking on a younger, more recently qualified vet. Joe is keen to do this but, as we will see below, has more ambitious plans, and if Simon were to agree, there are a number of aspects and activities of the practice that could be altered and improved at the same time. Even though veterinary services can be very expensive, the demand for them in the area is growing quite rapidly, as more people have pets and more people take out insurance for their pets. So the scale of the practice could be increased, with a move to larger purpose-built premises, in a cheaper area of the town. The practice could then have more modern facilities and eg two operating theatres instead of one, but this would require additional vets, nurses and receptionists. It could also have proper parking space for clients. Areas that also need attention are the...
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...order to accomplish raising this many chickens the farmers have found it necessary to use antibiotic compounds containing arsenic. Arsenic is a medication that farmers put in the chicken feed to help chickens grow heavier at a much faster rate, help prevent diseases, and give support to tissue and vascular development. This will make the muscle of the chickens more appealing to the consumers (Greiff). Thus, they are produced in a much shorter time span. Critics of the use of growth promoters such as arsenicals point out disturbing side effects. For example: the chickens become extremely overweight. This reaches the point where their legs cannot even hold up their bodies. This causes them to fall over and eventually die. Some of the chickens that make it past the farms and into the grocery store can carry bacteria that can cause foodborne illnesses and can even cause cancer. Defenders of the use of the arsenic-containing antibiotics argue that with the use of these antibiotics, money can be saved not only by the company, but also for the consumers. The question becomes whether or not antibiotics containing arsenic should be used to produce chickens. Until about 1960, chicken production would just be something people would do in the backyard to provide food for their family. These chickens were just used to supply the meat to be eaten for Sunday dinner ("Poultry Farming…”). It has since grown tremendously. With the discovery of vitamin...
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...and competiveness are increasingly dependent on firm level capabilities rather on its national traditional products. The process of globalization at Guysuco has led to the development of competitive capabilities which has brought about intense partnership and interaction with global corporations. Additionally, the emergence of computer and internet has led to advanced information technology where the world of business has resulted in emergence of new types of businesses and new ways of organizing it. This 21st century has encountered rapid changes in the global economy. Every business will encounter growing pains and unexpected curves when venturing into international markets. Doing business overseas do require a variety of vendors and partners. In recent years, Companies in Guyana such as Guysuco are forced to take a strategic decision when thinking of expanding internationally. These...
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...The Richest Man in Babylon by George S. Clason 1 The Richest Man in Babylon by George S. Clason TABLE OF CONTENTS First Published in 1926. Table of Contents About the author ..................................................................................................................................3 Foreword ..............................................................................................................................................5 An Historical Sketch of Babylon ...........................................................................................................6 The Man Who Desired Gold .................................................................................................................9 The Richest Man in Babylon ...............................................................................................................12 Seven Cures For a Lean Purse..............................................................................................................17 THE FIRST CURE..........................................................................................................................18 Start thy purse to fattening .........................................................................................................18 THE SECOND CURE ....................................................................................................................19 Control thy expenditures.........................................
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...Case Study 3: Boss, I Think Someone Stole Our Customer Data Evaluate the obligation Flayton Electronics has to its customers to protect their private data. Develop the communication strategy you would take to notify the customers of the potential security breach. Recommend procedures that Flayton Electronics should take to prevent future security breaches http://hbr.org/product/boss-i-think-someone-stole-our-customer-data-harva/an/R0709A-PDF-ENG Flayton Electronics is showing up as a common point of purchase for a large number of fraudulent credit card transactions. It's not clear how responsible the company and its less than airtight systems are for the apparent data breach. Law enforcement wants Flayton to stay mute for now, but customers have come to respect this firm for its straight talk and square deals. A hard-earned reputation is at stake, and the path to preserving it is difficult to see. Four experts comment on this fictional case study in R0709A and R0709Z. James E. Lee, of ChoicePoint, offers lessons from his firm's experience with a large-scale fraud scheme. He advises early and frank external and internal communications, elimination of security weaknesses, and development of a brand-restoration strategy. Bill Boni, of Motorola, stresses prevention: comprehensive risk management for data, full compliance with payment card industry standards, and putting digital experts on staff. For the inadequately prepared Flayton, he suggests consulting an established...
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...on studying areas where you need help. PRACTICE FINAL EXAM – WITH ANSWER KEY Introduction: This practice final exam is based on reading 11-1 in Chapter 11, “Cultural Diversity: Family Strengths and Challenges,” pp. 725-743. You may want to prepare for the practice final exactly like you would prepare for the real final. o Read and study Reading 11-1 on p. 725-743 before attempting the practice final. o Annotate, highlight, and mark up the reading and have it ready when you begin (either a photocopy or in the book itself). o You may use your book during the practice final, but remember, you will have only one hour in class, so try to complete the practice final within that time frame. You’ll need to know the reading skills material in advance. During the time of the final is not when you should be learning the material for the first time! o I suggest that once you are completely ready to take the practice exam, you time yourself to make sure you can do it within one hour or, if you need more time, how much extra time you are going to need. The...
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...1. Introduction: The dissertation is prepared to fulfill partial requirement of MBA Program of International Islamic University Chittagong. I am a service holder of United Commercial Bank Limited(UCBL) that’s why I have chosen “Consumer banking” as my topic of interest this study is being formed based on the – A study on United Commercial Bank Limited. Dissertation program is very much important. Because when a student of MBA program acquire theoretical knowledge through class and group study then he found something difference between the theoretical knowledge and practical working environment. Again an executive of any organization remain always busy with his own organization. For the dissertation tries to go to the deep of his own organization and acquire much knowledge. So dissertation of IIUC place a major rule to build up skilled executives as well as skilled manpower. In this dissertation it is tried up to take out the zest of the Consumer banking performance Evaluation of the study, anyone can get idea about how this bank is differ from other banks, how this bank make effective its Consumer banking performance moods, what is the performance of the bank till now. 2. Objectives of the study: ❖ Main Objective The main objective of this study is to analyze the Consumer banking of United Commercial Bank Limited, Jubilee Road Branch, Chittagong. ❖ Specific Objectives The specific objectives of the study are: a. To know about the United Commercial Bank Limited...
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...1. Introduction: The dissertation is prepared to fulfill partial requirement of MBA Program of International Islamic University Chittagong. I am a service holder of United Commercial Bank Limited(UCBL) that’s why I have chosen “Consumer banking” as my topic of interest this study is being formed based on the – A study on United Commercial Bank Limited. Dissertation program is very much important. Because when a student of MBA program acquire theoretical knowledge through class and group study then he found something difference between the theoretical knowledge and practical working environment. Again an executive of any organization remain always busy with his own organization. For the dissertation tries to go to the deep of his own organization and acquire much knowledge. So dissertation of IIUC place a major rule to build up skilled executives as well as skilled manpower. In this dissertation it is tried up to take out the zest of the Consumer banking performance Evaluation of the study, anyone can get idea about how this bank is differ from other banks, how this bank make effective its Consumer banking performance moods, what is the performance of the bank till now. 2. Objectives of the study: ❖ Main Objective The main objective of this study is to analyze the Consumer banking of United Commercial Bank Limited, Jubilee Road Branch, Chittagong. ❖ Specific Objectives The specific objectives of the study are: a. To know about the United Commercial Bank Limited...
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...products does not imply the endorsement of the United Nations. This publication has been issued without formal editing. ii PREFACE The role of small and medium-sized enterprises (SMEs) in national competitiveness and development, as well as in generating jobs and revenues for countless citizens, is well documented. Their meaningful and useful access to Information and Communications Technologies (ICT), particularly the Internet, will significantly enhance this critical role and will drive demand for and innovation in the ICT sector even more. This set of training modules was therefore developed to serve as a policymaking reference on Internet Use for Business Development, principally for middle- to senior-level Internet policy makers and implementers of public policy issues of Internet governance. More particularly, it is intended as an introductory guide to the various issues and legislative/policy options that developing countries should consider as they put into place the policies and...
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...The Man Who Desired Gold Bansir, the chariot builder, sat dejectedly on a low wall outside his house. As he surveys his modest property, his wife pops out now and again giving him a disapproving “you should be working” look. As his glance moves to the hustle and bustle of the surrounding city, his friend Kobbi the musician walks up. Noticing Bansir is sitting around instead of working, Kobbi assumes things are going well for Bansir and asks to borrow two shekels for the Nobleman’s Feast. Bansir explains that he doesn’t have two shekels to lend, not even to his best friend. Kobbi asks why, if Bansir is in such dire straights, he isn’t working on the half-completed chariot in his workshop. Bansir replies that it’s due to a dream he had had the previous night. In the dream, he had all the money he could want, he was able to give freely to the poor and purchase all his heart desired. Upon waking, he came back to the realization that he had no money at all, and had been sitting glumly on the wall ever since. Bansir goes on to explain that both he and Kobbi had worked hard their entire lives, and made a decent amount of money over the span of years, and yet at this point had little to show for it. How, then, could two educated men have worked so hard yet attained so little? Kobbi sympathizes with Bansir’s situation. He, too, has worked hard his whole life playing his lyre and has very little to show for it. Kobbi mentions that he passed their mutual friend, Arkad, in the streets...
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