...All of finweb.com ------------------------------------------------- Top of Form Bottom of Form * Mortgage * Loans * Banking & Credit * Investing * Retirement * Insurance * Taxes * Financial Planning * Real Estate * Finance Directory home → Banking & Credit → Banking & Credit 101 → 4 Types Of Bank Accounts Explained Subscribe to news about Banking & Credit 4 Types Of Bank Accounts Explained Share comments There are many types of bank accounts for consumers to choose from and each will be able to provide benefits for his or her circumstances. Ads by Google Open A Demat Account Get a Demat, Savings, Trading & MF All-in-1 Kotak Account. Sign Up! www. KotakSecurities. com Checking Account A checking account offers a quick and convenient way for people to access their money as often as they need. You cannot earn interest with most checking accounts, however. Savings Account A savings account offers a simple, hassle-free way to save money. Banks usually set a minimum balance to open and/or maintain these types of bank accounts. The benefit of a savings account over a checking account is that money in the account accrues interest. The downside is that the number of allowable transfers or withdrawals is limited. Money Market Account A money market account combines the benefits of a checking account and a savings account. You can withdraw funds from the account, and you benefit from a high interest...
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...Piano di Impresa 2011-2013/2015 Solida creazione di valore per tutti gli stakeholders Basilea 3: vantaggio competitivo per Intesa Sanpaolo, da subito Milano, 6 aprile 2011 Disclaimer This document has been prepared by and is the sole responsibility of Intesa Sanpaolo S.p.A. (the “Company”, and together with its subsidiaries, the “Group”) for the sole purpose described herein. This document and the information contained herein does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States, Australia, Canada or Japan or any other jurisdiction where such an offer or solicitation would require the approval of local authorities or otherwise be unlawful (the “Other Countries”). Neither this document nor any part of it nor the fact of its distribution may form the basis of, or be relied on in connection with, any contract or investment decision in relation thereto. The securities referred to herein have not been registered and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or pursuant to the corresponding regulations in force in the Other Countries, and may not be offered or sold in the United States or to U.S. persons unless such securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. The content of this document has a merely informative and provisional nature...
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...Introduction In this assignment, it will firstly analyse the difference between various data sources and then it will evaluate both pros and cons in each source. Finally ,I will summarize which source I prefer and which is suitable for a available type of information. I have chosen my topic which I will enable use a wide quantity of information sources.Therefore,I will show the topic as I am posing for dissertation purposes,it is as follow; “The impact of the Internet on customer relationship marketing strategy in banking sector in the UK” I have chosen this topic about the impact of correlation between the Internet and customer in banking industry because there is plenty of wide information in different sources in order to compare advantages and disadvantages.However,I have chosen topic that specific about Customer Relationship between Bank sector and Internet and also looking for the impact of the Internet influence to customer relationship. Moreover,I have specified more narrow about the scope of my research just in the UK to understand clearly.Therefore,each data source which I have used should be very update and focus just only on the UK. Therefore ,I have aimed advantage from the quality of data sources ,namely Business Source Premier/Ebdco(BSP),Nexis UK,Google Scholar and Guardian newspaper to research my topic. Online Databases First step for this resource is to access the Sheffield Hallam Shuspace website,I then log on in order to search...
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... Computers can reduce paperwork, distribute data quickly and stay competitive, but it allows the potential for security issues ultimately affecting business operations (Friend, 2012). The majority of data on computers and almost all communication are on a company’s computer network, and the security of the data is crucial for the success of the business. Monitoring in the workplace of computers uses a variety of software products that monitor computer networks. This software can monitor or track employee activity and productivity for a company. Using a software package for security of data in a system blocks certain websites, alert information technology staff of potential threats, such as computer viruses, monitors computers, and Internet use by employees. Companies should consider using computer monitoring software in the workplace, and do extensive research on different products and services. Some software can be costly, but it may be worth the investment to protect the integrity of a business, and the safety of the employees. Allowing employees to see the software and its capabilities by demonstrating its features in a group setting will ease the move to security monitoring in the workplace. Honesty regarding the monitoring software will add security to the business, and talk to employees about his or her rights regarding computer monitoring. Each state workforce commission has policies for workplace computer monitoring and employers should be aware of those policies...
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...Since its introduction to the public in 1986, the Internet has drastically changed the world. Within a short span of time, it has brought about a new evolution in the mode of networking; expanding from its users population from thousands to billions across the world. With the progression in time, the Internet has become a necessity, playing a major role in various human activities. Despite the Internet being an indispensable tool of human living, it can also be a double edge sword. The purpose of this essay is to examine how the internet brings about benefits which at the same time harm us. With endless factors available for discussion, this essay will focus on its impact on banking, politics and society to surface the double-edged nature of the Internet. Physical transaction time and fear of theft are some of the common worries among the users of our traditional banking system. However, by incorporating the Internet with banking, all of these doubts can be removed with just one click of a button. Banking services are accessible in any location with internet connection. One no longer needs to adhere to the bank’s operating hours as it turns twenty-four hours. In addition, users can enjoy higher transaction efficiency through e-banking. On the other hand, these advantages have unintentionally created a perfect landscape for lawlessness. Personal information is being exposed to virtual theft. These cybercriminals can cause various damages with little trace of evidence left....
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...website of HK in 2000, but the performance in HK is much lower than its other markets, and market share in HK by 2007 is 5%. Although with high internet usage, but the online travel industry had not picked up in HK. The purpose of the study is to find out the real reason, and define marketing strategy for future development of Huella on-line business in HK. Why are online travel agents so successful in North America? Via online booking system, the travelers could book tickets online. They could also chose another method of booking tickets which was basically Auction websites where again the customers could bid for tickets through the use of internet. In addition to this the customers could chose to directly get in touch with online portals established by the airlines through airline web engines and book tickets. Besides air travel booking, the travelers were also given the option to book hotels, cars and other services through the same portal. 24 hour availability brings big convenience, and traveler is able to make own arrangement online, fast speed of transactions and easy access, with discounted air-ticked offered online, all these factors made the North America travelers like to book online. In 2007, around 59% of air tickets sales were made online. Online travel agent industry in HK and its attractiveness Despite the high internet usage of 59%, the willingness and awareness of Hong Kong people to use online travel agent, is among the lowest in the world. Research shows...
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...E-Business or E- Commerce is quite simply using the Internet and information technology to do business. The main purpose in doing this is to increase sales and profitability for the company. There are both advantages to doing E-Business, although as this paper will show, far outweigh the disadvantages. The Internet began commercial usage in 1991 (Commerce-Land), at this point EDI (Electronic Data Interchange) and EFT (Electronic Funds Transfer) began. These technologies opened the door for businesses to handle their transactions electronically. Since the beginning, there are now thousands of companies that are doing the bulk of their business through the Internet. Advantages There are many pros to using E-Business, for both the consumer and the company. For the company, one of the advantages is that it is cheaper for them to set up a website then it would be for them to build and open a brick-and-mortar type business. Another plus for companies is the cost of advertising is better with E- Business. In advertising, more people can be reached at a lower cost by using the Internet than any other form of advertising. The ability to be able to reach more people is one of the best advantages for E-Business. Because the Internet reaches people worldwide, there is virtually no limit to the number of customers that it can bring to a business. These are only some of the pros for doing business in this manner. For the consumer, the Internet allows them to shop from the comfort of their home...
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...Amber Wells Ac 1010637 Assignment 7 English Comp II 7/7/2013 Online Shopping Vs. Traditional Shopping Humans have several different beloved past times such as sports, vacations and entertainment. One of the oldest and most enduring is shopping which encompasses shopping for necessity and shopping for pleasure. Advancements in technology have allowed humanity to purchase items online through the Internet. The purpose of this essay is to compare and contract shopping online to traditional shopping. At the end of the essay you can decide which method is best for you. Traditional and online shopping allow the consumer to view the items; however, not all online websites allow the consumers to get a panoramic view. Visual appeal is one of the important aspects of attracting potential buyers but if they can’t see the item from all sides this may hinder the purchase. Traditional and online shopping provides the consumer with information about the products. In the traditional arena the customer can talk with the sales clerk and get information about the products right in the store. Online the customer has at least three ways to collect information about the product: (1) product description, (2) product reviews and (3) toll free numbers to the customer service line associated with the websites. Traditional shopping and online shopping allow personal interaction; however, the levels are varied. Traditional shopping allows the consumer to build a relationship with...
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...Using Organization Methodologies and IT To Resurrect Montgomery Ward’s Margie Coltrin Mylien Nguyen Tran Humaira Ameer University of Phoenix Organizational Theory CMGT 320 John Fritz 23 February 200 Abstract Montgomery Wards was a legacy company that couldn't seem to shake the tendency to go bankrupt in its later years. They had communication problems between departments. They were also unable to keep up with trends in consumer preferences and technology. The professional team of MGHM Enterprises took on the challenge of resurrecting Montgomery Wards into the new and improved company, Arron's (the first name of Ward). By using IT, foreign and virtual investors, and by flattening the organizations structure, the team was able to put together a plan to make Arron's productive once again. The newest innovation to Arron's is the incorporation of an e-business where the consumer is able to conduct business online. This added to the new look, business principles, and innovative mind-set has made Arron's into a competitive marketing enterprise. Using Organization Methodologies and IT To Resurrect Montgomery Ward’s Montgomery Ward, an American retail merchandising company, founded in Chicago in August 1872 by Aaron Montgomery Ward was a pioneer company selling merchandise directly to the people, it invented the “mail-order catalog” business. Montgomery Ward was famous for coining the phrase, “Satisfaction guaranteed or your...
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...to taking into account all the costs associated with new supplier (e.g. learning curve, growing period) These costs may outweigh the 10% potential savings. | Erica had a cost studied run on their current supplier. | Erica is doing her job very well. It might be best for her to go with her intuition and not trust Killoran | Problem Statement: How should Wesbank select and manage its suppliers in order to get the highest customers satisfaction? Analysis: Strengths – Active promotional efforts that attract consumer deposits, the existence of two efficient suppliers with fair price structures Weaknesses - Opportunities –by investing in online banking Wesbank could attract new customers Threats – The danger of losing its customer due to changes in customers’ demographics and the tendency of new generation toward online banking Qualitative - *Killoran’s offer is suspicious; they might want to steal Wesbank account information. If this is right, Wesbank could lose its customers and will risk its reputation. Quantitative 10% reduction on pronting and mailing of checks will provode $800,000 profit for...
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...Company mission, vision | 03-04 | 04 (c) | Organizational Structure | 04-05 | 05 | Legal Barriers | 05-07 | 06 (a) | Major source of job candidates in Bangladesh | 08-08 | 06 (b) | Decruitment option | 08-09 | 07 (a) | Types of selection devices used by the organization | 09-09 | 07 (b) | Strengths and weakness of the devices | 09-09 | 07 | Employee placement | 10-11 | 08 (a) | Employee orientation program | 11-11 | 08 (b) | Types of training and methods | 11-12 | 09 (a) | Performance appraisal methods | 12-12 | 09 (b) | Pros and cons of appraisal tools | 13-14 | 09 (c) | Types of compensation | 14-15 | 10 | Conclusion | 15-15 | 1. Acknowledgement We would love to thank the following individuals who provided information and insightful suggestions for this project: 1. Md. Salahuddin Bhuiyan Finance Operation Manager, Hong Kong Shanghai Banking Corporation. 2. Noor-E-Hasnin Lecturer, School of Business North South University We owe a debt to our faculty Noor-E-Hasnin who gave us the opportunity to do this project and to acquire knowledge about an organization. Her special consultation helps us to make this project. The group members were too active to give effort and made a long research. Without their help this project wouldn’t have been possible. Some of our talent friends rendered good advice and solution when we faced a problem. The acknowledgement goes to Sohan...
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...transaction theoretically. The second part of this report will elaborate and analyse the pros and cons by choosing YCB surround different steps of whole transaction. Define the type of deal in YCB transaction According to the information provided by the case and the definition of variety of Private Equity investments, in this case Yellowstone Cattle Bank is involved in both Platform roll–up and growth LBO. From the information that provided, YCB is operated in a fragmented and consolidated industry and the company have opportunities to reduce the operating cost at future, these two points illustrated that it is obvious YCB transaction is a platform roll–up type Private equity deal. However to investigate deeper of the company background the Private Equity firm can also rely on the operating income growth to achieve successful and However if the company need to achieve the growth continuously, Newport’s must have the assist from the CEO due to his industry familiarisation and the previous result that he got. It is barely impossible to find a new manager to have similar managing experience in this industry. When he was founding the company at the same time that amazon are just launch, it prove that his experience is un-doubtable. The evident above prove that the YCB transaction is not just a plain platform roll-up deal, it’s also contain the element to be a growth Private equity deal. Pros and cons of Yellowstone Cattle Bank (YCB) The Positive side of choosing YCB In this section...
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...E-Commerce and identifies how this industry uses information technology to compete, provide goods/services and offer innovative trends within the consumer market place. Characterizing Commerce Commerce is generally defined as “a division of trade or production which deals with the exchange of good and services from a producer to the consumer.” It also encompasses the “trading of information and funds or other entities” that maintain economic value. Characterizing E-Commerce E-Commerce is commonly referred to as “electronic marketing.” It consists of buying, selling or the exchange of goods and services over an electronic medium such as the internet or other computer based networks where a transaction or “terms of sale” are performed electronically. E-Commerce Popularity Since the advent of the internet and the potential uses information technology brought to the business environment, nearly all main stream commerce related industries discovered an opportunity to establish a presence in the electronic marketing environment due to the low entry cost and reductions in transaction expenses that provided increasing access to a “global” market place, which could also maintain and secure a “market” share amongst the rising competition. History of E-Commerce In 1979, Michael Aldrich, an English entrepreneur, invented online shopping. Using technologies such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) companies could share...
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...plethora of entry-level accounting software available on the market Intuit’s QuickBooks Pro and Sage’s Peachtree Pro are still two of the most popular accounting software specially designed for the needs of small businesses. Both provide excellent solutions to many of the accounting challenges faced by small businesses that use double entry accounting. QuickBooks Pro and Peachtree Pro are promoted as software designed for users with little or no accounting knowledge. Although very similar, there are key elements that differentiate one from the other. For the small business owner ease-of-use, efficiency, security, systems compatibility and operability, vendor support, options to expand and upgrade, and cost feasibility are essential criteria that need to be met. Software Comparison QuickBooks Pro is easy to use and offers the user help in setting up the company, selecting a chart of accounts, and recording transactions in the proper place. Functions are grouped to help direct the user to what is available in a particular category. The menus are simple to understand and offer the user representational icons for what they want to do. For example, a check looks like a check and so on. The homepage offers the user easy navigation through shortcuts allowing information to be pulled in different ways. Like QuickBooks Pro, Peachtree Pro has a user-friendly interface. Peachtree Pro, on the other hand, is slightly more complicated to use and may require some knowledge of...
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...the involved powers to be maintain mutual trust and respect for one another; (4) it provides a world-wide market for companies and comsumers to access products from other countries; (5) it a world power where politics are emerging and decisions are being made that are actually beneficial for people all over the world; (6) it creates a greater influx of information between countries; (6) is allows for cultural intermingling, allowing countries to learn more about other cultures; (7) it presents the opportunity for countries to share financial interests; (8) it creates a greater tolerance and experience of working with other cultures; and (9) it allows speedy travel, mass communications, and quick dissemination of information through the internet....
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