Premium Essay

Advantages and Disadvantages of E-Voting

In:

Submitted By krishh
Words 666
Pages 3
Advantages & Disadvantages of E-voting An electronic voting system (on-line voting, internet voting) is an election system which uses electronic ballot that would allow voters to transmit their secure and secret voted ballot to election officials over the internet. With the prosperity of internet over the years, inventers start to make the use of electronic voting in order to make the voting process more convenient and raise the participation of the civic. From now on, engineers have repeatedly created new technology to improve the feasibility of electronic voting system.
Advantages of e-voting
The advocate of electronic voting claims that the convenience, mobility, tally speed, less cost, and flexibility are the main advantages. Following are the descriptions of the advantages.
• Convenience : With the well-designed software and system, the voters can simply use his voting equipment with the minimal time and skill to finish the voting process.

• Mobility : Voters can cast their votes at a specific polling place, home, or any place in which they can get access to the internet. People can even use the mobile device such as cell phone or PDA to vote. There is no restriction on the location.

• Tally Speed :
Once the voting time is over,the computer can immediately calculate the result of the election. It is much faster than the traditional ballot counting method operated by people.

• Less Cost : Compared to paper ballot voting,electronic voting saves money from reducing the personnel expense, expense for location management and administrationfee, etc. In the beginning, the investment expense of building up the electronic voting system would be very high. But after the system is built up, the total expense would be reduced to be much lower than paper ballot voting.

• Flexibility : Electronic voting system can be designed to support a variety of

Similar Documents

Premium Essay

Funding for Andy

...form of equity and debt to finance his plan mainly due his good reputation and financial performance in the past years. The three best options of funding for Andy would be: 1. Common equity 2. Debentures 3. Bank Loan Common equity: It is a form of financing where a company raises funds from the public by giving him/her a share of ownership for the amount of fund provided by them. In this form of financing the holder of the company share has the ownership stake in the company and he/she is entitled for the voting rights in order to alter the company operations. Debenture: Debenture is a type of debt instrument that is not secured by the assets of the company and is only backed by the reputation and creditworthiness of the company. As Custom Stitches and its owner Andy has a good reputation and also the company has good growth. Issuing debenture with good credit ratings could be a better option for the company. Here the buyer of the debenture has no voting rights and hence the creditors cannot alter the decisions of the company. Bank Loan: Bank loan is another form of financing. Here the company can finance its plan by asking a bank loan from any reputed bank at its place. Bank loan can be cheaper for the company due to its reputation and performance also a great projection in his business plan can be the best part for the bank to issue him a low interest loan. These three options can be used by Andy to give the company a new height. Andy can use a single option or...

Words: 1040 - Pages: 5

Free Essay

Online Voting

...report presents a proposal for an Online voting system for Imo State University.”ONLINE VOTING SYSTEM” is a voting technique which contains rules for valid voting and how votes are counted and aggregated to yield a final result. Voting involves counting which means it’s algorithmic in nature. This is an important area for development because the opinions of the students are pivotal to the future of the university, and such a system can increase awareness of important matters. However, it is still questionable whether elections could be conducted online due to the high level of concern over security and even accessibility of internet and other IT infrastructures. The aim of this project is to develop an interactive voting system with which users can participate using internet enabled computers. Online voting would be more convenient, relatively secure and utilize fewer resources. This project will be useful in two ways. It will provide an easier system for the school Student Union Government (S.U.G) than the traditional voting system and it will also help me improve my experience and knowledge of web technologies. HTML, My SQL and Java Programming Language will be used to create the Online Voting System. Project Functions and Goals • User login system and secure administrator login system. • User registration system into the database. • The polling or voting interface proper. • Add/delete polls under administration privilege. • E-mail system may be implemented to notify...

Words: 2331 - Pages: 10

Premium Essay

Politics Essay

...Displays of public support How legitimate is the UK? Legitimate | Not legitimate | * House of Commons is elected | * Electoral system unfair and distorts political representation (FPTP) | * Government elected with mandate to govern | * Every government elected has only achieved the minority of the popular vote | * House of Lords has traditional authority and political influence is widely recognised | * House of Lords members are not elected and so do not have the people’s consent | Direct democracy: * The people themselves directly make the important decisions which affect them * The people are directly consulted on political decisions * Action taken by the people shapes political decisions (via protests, e-petitions,...

Words: 2392 - Pages: 10

Free Essay

Ebikes

...E-Bikes Case Analysis: E-Bikes Offer Exercise and Environmental Consciousness The bicycle industry is exploring new ways to be both environmentally and user friendly. Taking their lead from electric cars, companies like Schwinn are marketing a line of electric bikes (e-bikes) that have a motor and batteries. E-bikes require significantly less effort than traditional bikes and can go up to 25 mph. The e-bike’s motor is quiet and produces zero carbon emissions. E-bike sales are projected to increase in America as people become more environment and health conscious. Some companies with a long history of producing traditional bikes such as Schwinn are creating a division within the corporation to focus on e-bikes. Other companies such as Ultra Motor Company Limited have chosen to focus solely on e-bikes. This paper will discuss the advantages of private corporations and public corporations related to emerging products such as e-bikes. This paper will also address potential disadvantages of operating as a sole proprietorship for a growing business such as e-bike manufacturing and distribution. The advantages and disadvantages of the different forms of business ownership need to be explored to determine the best fit for a business. 1. Ultra Motor Company Limited is a private corporation. What are the advantages of being private and not being traded on a stock exchange? As a result of the Securities Exchange Act of 1934, companies that are traded on a stock exchange...

Words: 1355 - Pages: 6

Free Essay

Pepsi Refresh Project

...in earned media rather than paid media. This paper contents five items: 1. Evaluate the reasons Social Media Marketing has become exceedingly popular among businesses of all sizes. 2. Analyze the advantages and disadvantages of Social Media Marketing for business entrepreneurs. 3. Assess how Social Media Marketing is helping Pepsi gain more customer insight than it would have otherwise. 4. Discuss two other businesses that have used Social Media Marketing to their advantage. 5. Speculate what impact Social Media will have business over the next decade and identify what skills you need to improve to take advantage of the changes. (Nix, Gary Jul 18, 2012) Pepsi Refresh Project Online and interactive media have already changed the nature of advertising. Starting with simple banner ads, Internet advertising has become much more complex and sophisticated. Miniature television screen images, called widgets or gadgets, can carry marketing messages only a few inches high on a Web site, blog, or desktop display. And they contain embedded links to their home sites. Online advertising can take other forms as well example would be viral advertising, which creates a message that is novel or entertaining enough for consumers to forward it to others, spreading it like a virus. The great advantage is that spreading the word online, which often...

Words: 2664 - Pages: 11

Premium Essay

Finance Organization and Long Term Planning

...starting operations in Europe and Asia. Sources of long-term financing include shares that are issued to the public and these holders are considered the owners of the business. There are two types of shares – equity and preference. The advantages of equity capital is no fixed maturity, no obligation to redeem, no compulsion to pay dividends, provides leverage capacity, and dividends tax exempt for investors. The disadvantages of equity capital are dilution of control of existing owners, high cost – rate of return expected by the equity holders higher than debt holders, dividends are not tax deductible, issue cost are higher due to underwriting, brokerage, and other issue expenses, along with higher servicing costs including post annual reports (Fedorov, 2012). Preference capital advantages are no obligation to pay dividend, no bankruptcy or legal action for non payment, financial distress of redemption obligation not very high, part of net worth which hence increases its creditworthiness/leverage capacity, no dilution of control, and no pledging of assets required. The disadvantages are expensive source since dividends are not tax deductible, though no legal consequences the liability to pay dividends stand and can spoils company’s image, can require voting rights if company skips dividends, and have claim prior to equity holders (Fedorov, 2012). Retained earnings are...

Words: 1054 - Pages: 5

Premium Essay

Ewqe

...observe an arbitrage opportunity, can we always make money? Please give an example to illustrate your point of view. 3. What are the advantages and disadvantages of issuing debt? One example for advantage and one for disadvantage. 4. What are the advantages and disadvantages of issuing equity? One example for advantage and one for disadvantage. 5. Harald Inc has 100 shares outstanding. There are four seats on its board of directors. Patrick owns 75 shares and Natasha owns 25 shares. Patrick does not want Natasha to be on board of directors: In case of cumulative voting, can Patrick successfully crowd out Natasha? 6. Firm A wants $1,000 financing either in the form of debt @ 10% or preferred stock at 6.7% percent dividend. Federal government imposes 40% tax on issuer of preferred stock. This is refunded to taxable issuer. However, firm A is not paying any taxes. Firm B is taxable @ 45% as an investor of Firm A. What is the after tax cost for Firm A if issuing preferred stock? What is the after tax cost for Firm A if issuing debt? What is the after tax yield for Firm B if investing in Firm A’s preferred stock? What is the after tax yield for Firm B if investing in Firm A’s debt? 7. Trans Can Corporation a. Currently No Debt b. Number of Shares Outstanding is 400, Price per Share is $20 c. Interest Rate is 10% d. Issue $4,000 in Debt to Buy Back Shares e. Earnings 1,200 expected, $400 during recession and $2,000 during expansion What is the EPS in recession without debt? What is the...

Words: 669 - Pages: 3

Premium Essay

Continental Carriers

...Introduction Continental Carriers Inc is a trucking company which specialises in transporting general commodities. Since its establishment in 1952 the company operates within the district of the Pacific Coast and from Chicago to various points in Texas. It was noted that the company maintains an overall low debt policy, whereby they obtain infrequent short term loans and avoid long term debt. Furthermore with the appointment of Mr. Evans as president, the company became more profitable and experienced internal growth through intensive marketing and computerisation of operations. In order for the company to continue expanding its revenues the president Mr. Evans advocated the acquisition of Midland Freight. External financing of $50 million would be required to accomplish this goal. However, the directors have a difficult challenge with regard to the appropriate method of financing. Through extensive discussion and evaluation the directors identified three distinct options, namely, selling $50 million in bonds at a 10% interest rate to a California Insurance Company or issuing 3 million in common stocks at $17.75 per share with a dividend rate of $1.50 per share or issuing 500 000 preference shares at a par of $100 per share and with a dividend rate of $10.50 per share (See appendix A for case assumptions). Discussion 1. Given the nature of CCI’s business how much debt can it support? Continental Carriers Inc. must possess certain organizational and structural characteristics...

Words: 3943 - Pages: 16

Premium Essay

Voting System

...CHAPTER 2 FOREIGN LITERATURE “Electronic Voting Literature” Voting on the internet using PC's everyday offers only weak security, but its main disadvantages are in the areas of anonymity and protection against coercion and/or vote selling. The Presidential elections of 2000 brought national attention to problems with current American methods of casting and counting votes in public elections. Most people believe that the current system should be changed; there is much disagreement on how such changes should be made. Dr. Michael Shamos of CMU provides a sharp counterpoint [6] to Neumann and Mercuri's views. While his “Six Commandments” summary of requirements for a voting system is very similar to others' requirements, he's less afraid of the catastrophic failures and sweeping fraud made possible by imperfections in electronic voting machines actually occurring in a real election. Shamos is also much less impressed with paper ballots than are Neumann and Mercuri. He places a great deal of faith in decentralization to make fraud difficult to commit and easy to detect. Dr. Shamos even likes DRE machines. (We must take into account the fact that this paper was written ten years ago, long before the 2000 elections and before more modern mathematical results like Chaum's; some of Dr. Shamos' opinions may have changed since then. While Dr. Neumann's talk cited here is of similar age, his pessimism with regard to machines has had little reason for change.) Rebecca Mercuri invented...

Words: 1446 - Pages: 6

Free Essay

Analitical Analysis on British American Tobacco

...BUS 101 PROJECT SUBMITTED TO : NOOR-E-HASNIN SECTION: 06 SUBMITTED BY : 1. RUSHMIAN ANNOY WADUD (1410221643) 2. SERAJUS SALEHIN (1511397630) 3. HASAN MUSTAFA TARIQUE (1510270630) 4. FARHAN HASAN (1510199630) 5. MD. ARIFUL ISLAM (1230423026) Acknowledgment We owe our profound gratitude to our course instructor Ms. Noor-E-Hasnin (NEH), who took keen interest on our project work and guided us all along, till the completion of our project work by providing all the necessary information for developing a complete analytical report. We thank her for her sincere guidance, supervision and encouragement throughout the course. Table of Contents Introduction _______________________________________________________________ 6 Literature Review Company Background _______________________________________________________ 7 Company Mission and Vision __________________________________________________ 8 Organization Chart ___________________________________________________________ 9 How the Business was formed Articles and By Laws of Corporation ____________________________________________ 10_ Advantages and Disadvantages of Business _______________________________________ 12 Detains of number and types of product __________________________________________ 15 Industry Analysis Major Competitors __________________________________________________________ 17 SWOT Analysis ____________________________________________________________ 19 Conclusion...

Words: 3067 - Pages: 13

Premium Essay

Business Finance

...Business have to make many financial decision that a direct impact on operations and the ability to successfully compete in the marketplace. I will assume that I am a financial advisor to a business. I will give advice that I would give to the client for raising business capital using both debt and equity options in today’s economy. I will give advantages and disadvantages of each option. I will summarize the advice that I will give the client on selecting an investment banker to assist the business in raising capital. I will discuss the historical relationships between risk and return for common stock versus corporate bonds. I will explain the manner in which diversification helps in risk reduction in portfolio. I will support my response with actual data and concept learn from class. As financial advisor to a business I will give my client advice on raising business capital using debt and equity capital with their advantages and disadvantages. As my clients advisor I would describe the two most common types of financing which are debt and equity capital. I would tell them the difference between the two and the advantage and disadvantage of the two. Debt capital is an agreement contract between lenders and companies trying to start or grow its organizations. All debt issued have a maturity date when the firms are to pay the bond principal (par-value or face value) to the bond holders. Business can borrow from banks, one popular source of debt financing is commercial finance companies...

Words: 1104 - Pages: 5

Premium Essay

Kelly Services Final

...Kelly Services, Inc. Group 7 Has Kelly Services Inc. underperformed or outperformed its competitors? On what dimensions? Financial ratios are great indicators to find a firm’s performance and financial situation. Most of the ratios are able to be calculated through the use of financial statements provided by the firm itself. They show the relationship between two or more financial variables that can be used to analyze trends and to compare the firm’s financials with other companies to further come up with market values or discount rates, etc. After coming up with all of the financial ratios the financial statements are able to provide, management can figure out the trend analysis, cross-sectional analysis and industry comparables analysis. Profitability ratios show how profitable and efficiently the company generates profits on its sales. They also indicate how efficiently a company controls its expenses, as well as how efficiently a company uses its assets in producing sales. Looking at the financial statements in Exhibit 4, we were able to provide a concise analysis of the profitability ratios of Kelly Services Inc. while comparing them to the profitability ratios of Olsten. |Kelly Services Inc. |  |  |Olsten |  |  | | | | | ...

Words: 3071 - Pages: 13

Premium Essay

Finance

...firm How? In summary, corporate finance addresses the following three questions: 1. What long-term investments should the firm choose (capital budgeting)? 2. How should the firm raise funds for the selected investments (financing)? 3. How should short-term assets be managed and financed (net working capital activities)? LEGAL FORM OF ORGANIZING FORM SOLE PROPRIETORSHIP Owned by one person PARTNERSHIP Owned by two or more individuals Types of partnership: a. General partnership b. Limited partnership Advantages 1. Easy to form 2. No corporate income taxes 3. Management control resides with the owner of general partners Disadvantages 1. 2. 3. 4. Unlimited liability Life of the business is limited Difficulty of transferring ownership Difficulty in raising large amount of cash Corporation Liquidity Shares can be easily exchanged Partnership Subject to substantial restrictions General Partner is in charge; limited partners may have some voting rights Partners pay only personal taxes on partnership profit All profits are distributed to partners General partners may have unlimited...

Words: 517 - Pages: 3

Premium Essay

S Coporation vs C Corporation vs Llc

...There are various business formations, some of the most notable are the S corporation, C Corporations and the LLC. While these are all different forms of businesses they do share some similarities. These similarities make it somewhat difficult to determine which kind of business that you need to form. The ultimate decision making comes from the structural differences, and operating advantages and disadvantages. An S Corporation is a corporation that elects to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double taxation on the corporate income. S corporations are responsible for tax on certain built-in gains and passive income at the entity level. To qualify for S corporation status, the corporation must meet certain qualifications. It must be a domestic corporation, have only allowable shareholders (including individuals, certain trusts, and estates and may not include partnerships, corporations or non-resident alien shareholders), have no more than 100 shareholders, have only one class of stock and not be an ineligible corporation (i.e. certain financial institutions, insurance companies, and domestic international sales corporations). To dissolve an S Corporation there are a few steps. You must first obtain a...

Words: 1141 - Pages: 5

Premium Essay

Evaluating Performance Through Motivation and Conflict

...Evaluating Performance through Motivation and Conflict February 19, 2011 Evaluating Performance through Motivation and Conflict In this paper Team A will discuss evaluating performance through motivation and conflict from a management point of view. The discussion will include motivation theories and organizational behavior, Team A will also discuss how different organizations apply these theories to fit the needs of the organization, as well as conflict management strategies and conflict approaches that best work within the organization. Conflict in the workplace is inevitable given the multiple personalities and behavioral traits that come along with them. Everything from culture and beliefs to personality and disagreements can play a huge role in conflict in the workplace. To manage conflict in the workplace successfully begins with effective communication but also requires the ability to adapt to changing conditions. This could mean strategically placing an effective leader in place to help manage possible issues that may arise. Leaders in the organization are responsible for maintaining a stable work environment so that everyone is successful by having strategies in place that promote a healthy work environment. For example, management should clearly define each employee’s role so that there is no question he or she knows what his or her duties are. One of the...

Words: 1476 - Pages: 6