...Title: Credit Card Project Concept/Topic to Teach: Pre Algebra Standards Addressed: Anchor 7MA Numbers and Computation Specific Objectives: • Students will make a credit card proportional to an actual credit card. • Students will make an advertisement for their credit card. • Students will make a collage of their purchases. • Students will calculate their total purchases. • Students will enter into Excel the correct formulas to aid in their calculating of their payment schedule. (for all 4 schedules) • Students will write an analysis of the project and credit card spending. Required Materials: • Credit Card project hand out • Credit card receipts • Computer • Magazines • Calculator • Glue • Scissors Anticipatory Set (Lead-In): I will ask the students how would they like to have their own credit card!!!! Step-By-Step Procedures for Teaching the Lesson: 1. First, students will make a credit card proportional to an actual credit card. They can choose to make it as large as they would like (within reason) as long as it is in proportion. 2. Second, students will create an advertisement. It can be done in a variety of ways: billboard display, TV ad, radio ad, etc… 3. Third, students will be given the opportunity to go on a shopping spree with their credit card. Their limit is $10,000 and they must spend at least $1,000 but no more than $10,000. They...
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...Course Project Part II: Bertram Proprietary Credit Scoring Model Jordan Spence Student ID: D01326483 In partial fulfillment of the requirements for MATH 533 – Applied Managerial Statistics Keller Graduate School of Management Dr. Gerard L. Kiely June 24, 2015 PROJECT PART II: Bertram Proprietary Credit Scoring Model The preliminary analysis carried out in Part I of our project has shown that the data is consistent and reliable, with no missing values. The next step is to construct preliminary and final models. A. Create indicator (dummy) variables for the qualitative variables Own/Rent and Location using Minitab. First, label columns for the new indicator variables: Own, Rent, Urban, Suburban, Rural. Pull down the Calc menu in Minitab and select “Make Indicator Variables”. In the box labeled “Indicator Variables for … “ put the variable for which indicators are desired. Minitab will automatically code the values of Own/Rent and create two new variables named “Own” and “Rent”. Repeat this process for the variable Location. See screenshot below for new indicator variables: [pic] B. Develop a preliminary model and display its output in your paper. Describe its statistical characteristics and state your conclusions. Identify which variables you will keep and those you will drop. Be sure to explain why you made your choices. Be specific. ...
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...in November 2006. This meeting consists of Target senior executives to consider ten capital project requests (CPR) representing nearly $300 million in Capex. Five CPRs, representing about $200 million in Capex, would require more attention from the CEC. The company’s general growth strategy consists of opening 100 new stores every year, while maintaining a positive brand image. The CEC is responsible for approval of projects within the rage of $100,000 and $50 million of Capex and tries to stay within the capital budget to meet the goal of opening 100 new stores a year and approving projects to assure a prosperous future for Target. The meeting lasts several hours and this is maybe not the best time of use for executive officers. A way to shorten the meeting could be in increasing the minimum Capex projects from $100,000 to $5 million to reduce the amount of projects in the meeting for instance. Another advantage is that the proposed projects can be discussed more in depth. In the monthly meeting, projects are presented by real estate managers along with data in the form of a dashboard that summarizes the key facts of each project which require 1-2 years of preparatory work. The real estate manager of the specific area, where the project should take place, is responsible for the proposal from inception to completion and has a strong interest and commitment to the proposal. If a project were ultimately rejected by the CEC, the real estate manager would feel strongly disappointed...
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...SYSTEM SYNOPSIS This CreditCard Banking (CCB) allows the user to use his credit card to purchase the products. This project will validate the credit card number, security number, and expiry date, discount products. After the validation of the credit card, the amount for the purchasing products will be deducted from his bank account. The way of people buying the variety of things, using credit card changed the pattern of purchasing the products. Previously, if the user wants to purchase something, he has to carry the money to all the places. CCB gives all the information related to the credit cards and additional features of their credit cards, which makes the customer or user wisely, to decide which credit card has to be selected. This project has a powerful utility that enables users to know for the details of particular credit card in a very simple and efficient manner the option is limited to these categories of credit cards. Hence minimizing the time taken to know for the details of credit card is in the user’s choice. CREDIT CARD PAYMENT PROCESSING [pic] BRIEF DETAILS OF DIAGRAM 1. Customer pays for online purchase by credit card. 2. E business processes credit card using payment processing software. 3. Credit card information sent to principal bank holding merchant account. 4. Principal bank sends request to card issuing bank. 5. Card issuing bank accepts or declines and sends transaction back to Principal bank 6. Principal...
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...WRITE-UP 02 | Capital Expenditure Committee (CEC) plays a critical role in determining the projects that best fit Target’s future store growth and capital-expenditure plans. However, if the projects larger than $50 million it’s the board of directors’ responsibility to approve the project. On the one hand, the process rigorously follows Target’s strategic goal. The committee not only considers a positive NPV but also the potential of the project, the scale of the project and the effect of the project for the future. In this regard, we believe the process is considerate and well-balanced. On the other hand, when deciding to open a new store, the CEC heavily rely on P04 as a prototype, which may have missed some information with regard to location, and geographic distribution. A real-estate manager is responsible for the proposal from the beginning to the end of setting up a new store. His or her insightful knowledge and capability play an important role in choosing, reviewing and presenting the projects before getting approved or rejected by the CEC. However, real-estate managers’ emotional involvement in the proposal may make them not as objective as possible with their projects. In this regard, we would suggest Target to hire more than one real-estate manager to balance their work. Conventionally, a high, positive NPV and a high IRR are important determinants to choose a project. In terms of 5 CPRs in Target CEC situation, we believe Doug Scovanner should also consider...
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...Target use different hurdle rates for the store and the credit cards (9% and 4%, respectively)? What process would you use to estimate these discount rates to see if they are reasonable? Target uses different hurdle rate for the store and the credit cards because they want to make as much revenue as possible. With the low credit card rate Target is able to get a lot of people to sign up for the credit card because the interest rates are extremely low. Since Target has such a low credit card rate they raise the store interest rate to make up for the difference. I would use the IRR, NPV, or the discount payback method to estimate these rates. 2. What is Target’s capital-budgeting process? Is it consistent with the company’s business and financial objectives? The Capital Expenditure Committee (CEC) stated that the capital-budgeting process of target was to add one hundred stores a year while maintaining a positive brand image. This capital budgeting method goes hand to hand with the company’s business and financial objectives. 3. Which of the five CPRs did you accept? Which project attributes did you consider as part of your decision? I first accepted the Whalen Court CPR. I chose this CPR because this location had the highest percentage of college educated people than any other project after examining exhibit 7. Since Target wants the college educated mother with children as the ideal customer, the Whalen Court project would be good. Whalen court also is the only store around...
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...Revision History Name | Date | Reason For Changes | Version Number | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Contents 1. Introduction 4 Purpose 4 Document Conventions 4 Stakeholders 4 Project Scope 4 References 4 2. Overall Description 5 IT Service Specification 5 Product Features 5 Use Case Diagram 5 Bank Account Management System 6 Use Case: Create new Bank Account 6 Use Case: Transaction 7 Use Case: Generate monthly statement: 7 Credit Card Management System 8 Use Case: Make an application: 8 Use Case: Activate credit card: 8 Use Case: Generate monthly statement: 9 Use Case: Maintain customer personal information: 9 Use Case: Check transaction and statement information: 10 Operating Environment 10 Design and Implementation Constraints 10 User Documentation 10 Assumptions and Dependencies 11 3. System Features 12 4. External Interface Requirements 16 User Interfaces 16 Hardware Interfaces 16 Software Interfaces 16 Communications Interfaces 16 5. System Features (ITIL v3 Compliance) 17 Service Support – Desktop Computing Service 17 Desktop Computing Service (Business Process...
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...essentials to computer software to groceries, and sell many of their products under private label brands. In addition to their retail segment, the company also offers credit and debit cards to its frequent shoppers. In 2002 the Minneapolis-based Target Corporation became the United States second largest discount retailer behind Wal-Mart. Target has transformed its signature bulls-eye logo into a lifestyle symbol. The bulls-eye is recognized by 96% of American consumers and considered a brand icon. We analyze company's capital investment decisions. Their accounting disclosures and overall financial performance based on Darden School of Foundation’s case study. According to case there are 10 capital investment project $300 million in capital expenditure request. Five of the projects representing about $200 million in requested capital, would demand the greater part of the committee’s attention and discussion time during the meeting. The company is highly successful at promoting its brand awareness with large advertising campaigns its advertising expenses for fiscal 2005 were $1.0 billion or about 2% of sales and 26.6% of operating profit. Target executives do for the customer shopping experience, Target offered credit to qualified customers through its REDcards, Target visa credit card and Target credit card. The credit card business accounted for 14.9% of Target’s operating earnings and was designed to be integrated with the company’s overall strategy by focusing only on customers...
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...Case Studies in Management MGMT 0475 10/20/12 Bank of America Corporation Cohesion Case Harris-Stowe State University Bank of America Corporation has been one of the leading banking companies in the United states with over 5,800 banking locations and another 300 abroad. One of the reasons that they are leading the front is because of the IT system that they have implemented. BoA has so many opportunities for online banking, whether it be from your laptop, mobile device or tablet. Also, with their new ATM systems you can deposit cash or a check without ever talking to an employee. One of the largest reasons for Bank of America’s success as a leading banking organization is their ability to attract customer relationships. There are many ways to attract the eye of a customer but the aspect that Bank of America uses to perfection is their Internet and online technologies. With over 18,000 ATM’s across the U.S. you can withdraw money at anytime with ease. Also with their ATM check deposit you can deposit check’s or cash at anytime with the 24 hour ATM service. Along with that they have mobil banking that I use daily. With the simple download of the Bank of America app you can check your statements, pay bills, or transfer funds right on your phone. If that hasn’t caught the customer’s eye then this will. You can take a snap shot picture of your check with your mobil device and Bank of America app you can deposit it on the...
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...A PROJECT REPORT ON FINANCIAL SERVICES OF BANKS Submitted to University of Mumbai in Partial fulfillment Of the requirement of the Degree of B.Com ³BANKING & INSURANCE´ Under guidance of PROF. RUEEN PATEL VPM¶S K.G Joshi College of Arts N.G Bedekar College of Commerce Thane (E) Academic Year: 2010-11 BYJEMINI.J.PATIL ACKNOWLEDGEMENT In completing this project I am deeply conscious of my debt to all those, without whose warm support, enragement & guidance this project was not possible to complete. I am specially greatful to Prof Rueen Patel my guide to this project, She actually gave the life to this project and guidance of my parents & friends this project took shape. They also provided me much needed criticism & encouragement. Jemini Patil DECLARATION I am Jemini J. Patil studying in T.Y.Banking & Insurance hereby declare that I have done a project on ³Financial Services provided by Banks´. As required by the university rules, I state that the work presented in this thesis is original in nature and to the best my knowledge, has not been submitted so far to any other university. Whenever references have been made to the work of others, it is clearly indicated in the sources of information in references. Student (Jemini. J. Patil) Place: Thane Date: October, 2010 EXECUTIVE SUMMARY Banks are the Financial Institution which satisfies the individual & group goals with proper systems of rules, regulations, policies, services, procedures & strategies...
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...T:8.5” The Card for International Students Enjoy great rewards while building your U.S. credit history Enjoy great rewards with the Citi ThankYou Preferred Card for International Students. ® The Citi ThankYou® Preferred Card for College Students comes with Citi ThankYou® Rewards, the program where you can redeem points you earn on purchases for gift cards and merchandise, or use towards your student loan payment or for charitable donations. You can also redeem points for travel rewards such as for tickets on any airline with no blackout dates through the ThankYou Travel Center. C_TY_Preferred_EMV_W_MNLW_15-PID 84 Citi ThankYou® Preferred Card for International Students Entertainment T:11” Dining Other Purchases Citi ThankYou® Preferred Card. Earn points for the rewards you really want. Special offer for new accounts: Earn 2,500 bonus ThankYou® Points after you spend $500 in your first 3 months of cardmembership.1 0% Intro APR on purchases for 7 months. After that, the variable APR for purchases will be 13.99%. The APR will vary with the market based on the Prime Rate.2 No annual fee.2 Travel with ease and enjoy global acceptance when you use your card with chip. With the Citi ThankYou Preferred Card, you enjoy: Earn 2 ThankYou Points per $1 spent for dining at restaurants and on entertainment and 1 ThankYou Point per $1 spent on other purchases.1 No expiration and no limit to the amount...
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...Target use different hurdle rates for the store and the credit cards (9% and 4%)? -----This is because they want to get or make as much revenue as they could. You find that with low credit card rate they actually get a lot of customers who sign for the credit card since the interest rates are considerably low. What process would you use to estimate these discount rates to see if they are reasonable? - I would choose the IRR, NPV and the discount payback method to estimate 2. What is Targets Capital-budgeting process? -The Capital Expenditure committee said that the budgeting process would be to annually build 100 more stores while still maintaining an appealing image to the customers. This means that the loyal satisfied base would be retained and the company improving on its operating profits of 26%. The Targets operating earnings would also see an improvement and thus be integrated with the company’s overall strategy by focusing only on customers who visited Targets stores. Is it consistent with the company business and financial objectives? The Capital budgeting method is in line with the company’s business and financial objectives 3. Which of the five CPRs did you accept? Which project attributes did you consider as part of your decision? * I chose the Whalen court Capital Project request. This is because the location had the largest percentage of college educated people compared to other projects after carefully reviewing exhibit 7. Because Targets wants...
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...Questions for Critical Thinking 7 Chapter 13: a. Discussion Questions: 13, 15, and 16. b. Problems: 4* and 6(a). * Remember the profit is 50% of sales. Use table 13-4 on p. 540 as an example to calculate the standard deviation for both projects, and then calculate the coefficient of variation to compare the risk of both projects, see pp. 542. Chapter 14: a. Discussion Questions: 2 and 11. b. Problems: 8*, 10**, and 12. * Remember the firm has a limited capital budget of $2.4 million for the coming year. In other words, the firm faces the capital rationing, see pp. 589-592. Use the profitability index as it s investment criterion. ** Please use the dividend valuation model, pp. 594-595. “A share of the common stock of the company currently sells for eight times current dividends.” Chapter 13 Discussion Questions #13 – Why does an importer usually face a foreign-exchange risk? How can the importer hedge the foreign-exchange risk by purchasing the foreign-currency today to have it by the time the foreign-currency payment is due? Why does hedging usually take place with forward contract? Investing in foreign securities gives rise to a foreign-exchange risk because the foreign currency can depreciate or decrease in value during the time of the investment (Salvatore, 2007, p. 562). Hedging refers to the covering of a foreign-exchange risk through a forward contract (Salvatore, 2007, p. 562). Salvatore (2007) describes forward...
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...by 2006, Target was targeting to create a lot of outlets and they were termed as projects, each project contains a set of procedures to be followed that are then approved by the CEC (capital Expenditure committee) in order to get the store up and running. There specific consideration for the role of real-estate managers is because, those people will have the GEOGRAPHICAL IDEA about the area in which they are managing prior sending to the CEC. These Managers will be responsible if a new store proposal comes, so that they will review the GEOGRAPHY of that location and the possibilities of having a Target Outlet at that locality. CEC was started as an approval class, whose approvals are needed to get the store up and running if there is a chance for starting up a new store in any geography (Real-estate managers are responsible for this) Which of the five CPRs should Doug Scovanner accept? Be prepared to explain how each of the considerations that follow influenced your decision: Out of the 8 choices available, I would tell that Scovanner will accept NPV/IRR, Size of the project, Customer demographics, Brand‐awareness impact, Cannibalization of other stores’ sales, because, • NPV and IRR are two main things when coming to Captial Budgeting and the • size of the project, the higher the size, the maximum will be the returns and yes, it involves risk but the returns will be huge if the project is a success , • Brand-awareness impact – Because, nowadays people are driven by...
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...March 6, 2015 March 6, 2015 Final Project Cybercrime Forensics Final Project Cybercrime Forensics Part 1: Review Packet Capture For this investigation, we have decided to use NetWitness Investigator to examine the packets captured from the computers in question. NetWitness Investigator is a software used to examine packets and list login information, transferred data, and IP addresses used, among others. For the purpose of this investigation, we are primarily concerned with the FTP (File Transfer Protocol) sessions and the file names they contained. We can use this information to identify the persons responsible for the data leak at Corporation Tech’s network. First, we created a new collection in NetWitness. We titled the collection Final Project for the purposes of this investigation. We then imported packets from the captured packets file titled ftpcapture.pcap. Once NetWitness imported the files, we were able to view information such as the login information and files transferred. Below is the information we collected. Source IP | Destination IP | Protocol | Username | Password | Files | 172.16.177.132 | 172.16.177.157 | FTP (21) | badguy | you will never guess this !! | badnotes1.txt | 172.16.177.132 | 172.16.177.157 | FTP (21) | badguy | you will never guess this !! | badnotes2.txt | These files were transmitted on July 31, 2010 at 1:08:58 AM and totaled to 5.71KB, which is shown below in the following screen captures. After...
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