Limited Selection Of Products Business Essay - Free Essay Example

Sample details Pages: 4 Words: 1104 Downloads: 4 Date added: 2017/06/26 Category Business Essay Type Analytical essay Did you like this example? Trader Joes delivers a specialized range of products to its customers. It is headquartered in California and it has espoused a competitive strategy to maintain an edge over its customers. During the past few years, the continuous increase in its revenues is credited to the number of factors. However, its easy refund policy and the limited selection of products have contributed towards its success to a greater extent. (Trader Joes, 2013) Easy Refund Policy Trader Joes facilitates its customers by providing them with the occasion to refund their products or other merchandises. The return policy is beneficial to patrons who are unclear whether bought merchandise will fit their requirements. This, on the other hand, provides benefit to Trader Joes if it has a gain over customers in retrieving returned merchandise, or if it can vend other products when customers return unacceptable merchandises. Moreover, it is a well-established fact that every customer plans to buy the representative merchandise. Proceeding to purchase, customers are indeterminate about the merchandises fit with their needs. Furthermore, the return strategies adopted by its competitors vary ominously; some offer very substantial return policies, whereas others levy many limitations on returns. It has been observed that the Trader Joes has executed such policy due to the number of reasons including the certainty that its merchandises advantages cannot be used up in a short epoch of spell as well as its product line delivers prospects for cross selling; and it can get a high recoup value for refunded products. Moreover, the return policies which let customers to definitely return merchandises for a refund are appraised by the customers and tend to entice them in a positive way. (Berman, 2010) Don’t waste time! Our writers will create an original "Limited Selection Of Products Business Essay" essay for you Create order Limited Selection of Products The Trader Joes offers a limited selection of products to their patrons. These products are of excellent quality and specialized in nature. On the other hand, its major competitors deliver a wide range of merchandises to their patrons. This makes them to compromise on their quality and as well as to face difficulty in reducing their costs. The mass production of the products often results in the wastage of the products due to the errors in the demand forecasting. However, Trader Joe is successful in maintaining its position in the market due to its effective strategies.( Berman,2010) Furthermore, the real competitive advantage infers corporations are competent to content purchaser needs more successfully than their competitors. It is attained if and when real worth is added for clienteles. A corporation must add value if it is to be efficacious. Moreover, the retailers or the grocery store in the existing business climate require to come to be more malleable and willing to familiar ize to customers altering needs and penchants in order to gratify the marketplace. The specialized standing provides clienteles with evidence that they will be engaging with a perceptive, well-informed business who is proficient in the defined merchandise or industry area, and capable to work with them to ripen and enjoy the specialized products. How important is HR for this success and why? The Human Resource plays an important role in the success of any corporation and forms the basis for maintaining an edge over the participants. Almost every business has the access to the same technology or the products, but it is the Human Resource that makes the difference. In case of Trader Joes, their success is directly related to their proficient and capable Human Resources. For Instance, the excellent customer service is only possible through the well trained and highly capable employees. The Trader Joe provides training to their employees on the regular basis and delivers systematic feedback to them about their current performance. Moreover, they have also developed an attractive incentive plan in order to motivate them and to increase their productivity. The success of any business is highly dependent upon the level of loyalty the employees has with their organization. The Trader Joe has also worked on it and provides intrinsic as well as the extrinsic awards to their pers onnel in order to increase their job satisfaction so that they may contribute more towards the achievement of the organizational goals. Furthermore, the Trader Joe also ensures that there exists the external and internal equity with regard to the pay or the wages of the employees. It is the perception of the personnel that they are being treated impartially and objectively by the employer and they dont tend to shift to their competitors due to inequity issues. All such types of incentives as well as other benefits for the employees assist the Trader Joes in maintaining a competitive position in the Industry as well as building a positive image in front of the public which is the foundation of its success. What would you recommend for strategic HRM? The Strategic Human Resource Management requires the alignment of the departmental goals with the overall corporate goals in order to be successful. The Trader Joe can succeed in the formation of the HRM if it involves HR in its decision making process. The Human Resource should not only act as a department but they ought to be involved in the goal setting of the organization. Moreover, they should take part in the strategy formulation as well as in the strategy execution process. They should act as the employee champion and ought to be responsible for carrying the employee related issues to the senior management. They act as the business partner role, innovator role as well as the strategist role.( Baker,1999) The business partner role encompasses that they must be the part of the top management and plays their part in the formulation of the strategic goals for the organizations. Moreover, the innovator role requires that they must invest innovatively in the practices of the organ ization and enable it to gain a competitive advantage over its competitors. The strategist role for the Strategic HRM encompasses that the HR ought to prepare the strategic plan and oversee their execution. Therefore, the central aim of Strategic HRM is to create the strategic aptitude by certifying that the corporation has the trained, dedicated and well-motivated personnel it requires to attain persistent competitive advantage. Its purpose is to deliver a sense of course in an often tempestuous setting so that the business requirements of the corporation and the individual and collective requirements of its personnel can be encountered by the development and execution of comprehensible and practical HR strategies and programmes. It also requires the strategic integration which refers to the correspondence between business and human resource approach so that the latter assists the achievement of the former and certainly, supports to describe it. (Hendry Pettigrew, 1986).

The Incarceration Levels Of The United States - 1839 Words

The United States (US) incarcerates its citizens at the highest rate in the world, 707 US citizens per 100,000 are incarcerated, a rate 5 -10 times higher than other western democracies (National Research Council, 2014). From the 1930s to the 1970s the number of incarcerated citizens in the US remained relatively stable, 161 citizens per 100,00 were incarcerated in 1972 (Hindelang, 1977). However since the 1970s the population of America’s prison system has increased by 700% (ACLU, 2011), and there are now currently over 2.2 million incarcerated Americans. Because of this rapid increase to an unprecedented level US incarceration levels have been widely discussed across academic literature. Not only are current US incarceration levels internationally unique and unprecedented, they are unique and unprecedented within the history of the US itself. This makes the US incarceration levels best suited to a single case analysis, as there is a high level of internal historical change to compare across. It is widely accepted that the rise in US incarceration levels are due to ‘the war on drugs’ - tough on crime law enforcement strategies introduced in the 1970s to combat illegal drug activity. However, there are differing theories as to how these historic policies continue to impact incarceration levels today. In this essay I will argue that the war on drugs is one of many mechanisms employed to continually discriminate against the black minority in America. I will analyseShow MoreRelatedMass Incarceration Is Defined As The Imprisonment Of A Large Amount Of People1439 Words   |  6 PagesAt the simplest level, mass incarceration is defined as the imprisonment of a large amount of people. However, that does not tell the whole story. The majority of people incarcerated are minorities, and although mass incarceration began as a system of unjust racial and social control, today it continues for many political reasons including government grants, swayi ng voter opinion, and for-profit prison revenue. The United States incarcerates more people, per capita, than any other nation in theRead MoreCrime Rate And Its Effect On The Incarceration Rate1335 Words   |  6 Pagesindependent variable is whether a state elects or appoints judges. The dependent variable is the incarceration rate (per 100,000 people) for each state. To control for these variables, we also measured the violent crime rate (per 100,000 people) for each state. The violent crime rate allows us to see whether or not crime rate or judges are having a measurable effect on the incarceration rate. Without controlling for the crime rate, we would not be able to tell if higher incarceration rates were truly a resultRead MoreIncarceration Of Americ The United States1487 Words   |  6 PagesIncarceration in America The United States has the largest prison population in the world. The U.S.’s path to our over population has been decades in the making. â€Å"The United States makes up about 4 percent of the world’s population, and it accounts for 22 percent of the world’s prison population.† (Lopez). Prison over population is a growing concern within our society creating and contributing factors include longer sentences, rising costs, prison gangs, rapes, racism and mental health issues.Read MoreMass Incarceration : A New Form Of Slavery Essay1555 Words   |  7 PagesMass Incarceration: A New Form of Slavery in the United States Lorena P. Ambriz History 12A Abstract Starting in the 1970s, the rising rate of imprisonment came to be known as Mass Incarceration. What was once an average of 100 people getting imprisoned for every 100,000 adults, prior to the 1970s, has now grown to become more than 600 individuals per every 100,000 adults imprisoned. With only five present of the total world population, The United States holds an astonishing 25 percent of theRead MorePunitive Model Of Incarceration During The United States1321 Words   |  6 Pages Examining the Punitive Model of Incarceration in the United States and the Changes that Brought It About Collin S. Lahr Ball State University Abstract This paper explores several different sources that cover some aspect of how the United States Penal System went from the Rehabilitative Model to a punitive system. Bryan Stevenson and Betsy Matthews have written about how drug enforcement and the â€Å"War on Drugs† are responsible. Yeoman Lowbrow’s analysis of the crime rate and statistics willRead MoreThe United States Incarceration System1710 Words   |  7 PagesThe United States incarceration system is a structural foundation of punishment in which is formed by robust authoritarian power. The United States criminal justice system is not an institution to be underestimated, as it represents the highest incarceration rate of all world nations at a staggering 700 inmates per 100 thousand citizens (Krisberg, 7). Based on the social and political structure of democracy in the United States, it is argued that incarceration systems should follow the same rootsRead MoreRacism And Incarceration Rates Among African American s And Hispanics Essay1581 Words   |  7 Pagesracism is to examine at the United States prison system and the gap of incarceration rates among African Americans, Hispanics, and White males. According to a research by Prison Policy Initiative both African Americans and Hispanics are imprisoned at 5.1 times and 1.8 times higher than the rate of White Americans for every 100,000 incarcerations, respectively. Throughout the history of the United States, it is obvious that the reasons for the disparity of the incarceration rate are related to policiesRead MoreMass Incarceration Of The United States1417 Words   |  6 PagesIn the U.S. there has been a rise in incarcerations, the numbers today are much higher than they were 30, 40 years ago despite the fact that crime is at historic lows. So what are we to make of the leap in time typically served for crimes in America’s society? Either the justice system was too lenient in the past, or the justice system is too strict now. Have we just now realized the real gravity of murder, or are we now overreacting? The United States currently over-incarcerates its citizens, prisonersRead MoreThe Lack Of Reintegration Programs And Mass Incarceration Of African Americans912 Words   |  4 PagesProblem The problem to be address in this paper is the lack of reintegration programs and mass incarceration of African Americans in the United. Mass incarceration amongst African Americans has had a catastrophic impact on families and communities and continues to create a cycle of discrimination, which makes its nearly impossible as a race to progress. Because of the soaring incarceration rate in the United States, many prisons are over populated and lack resources and support to help inmates succeedRead MoreMass Incarceration Essay1278 Words   |  6 Pages MASS INCARCERATION The prison population in the United states has increased 500% in thirty years. Since the 1970s social inequality has impacted the American prison system. America has 2.3 million people in prison which is â€Å"five times more than England and twelve times more than Japan.† We want to know why our prison population is growing and what are the core reasons. Has our society caused mass incarceration? Is it based on conflict theory or social stratification? Our research will include

Importance of Effective Supply Chain-Free-Samples for Students

Question: How the efficiency of the Supply Chain can help to improve the motivation level of the staff? Answer: Introduction Effective supply chain management is an important part of all business process in modern days. It is believed that frequent engagement of the workers with supply chain activities is one of the effective ways to maintain high level of motivation among employees. This method is particularly effective for engineering enterprises to improve upon the productivity of the company. Complex theories of supply chain model can be applied across engineering industry in order to improve upon the efficiency. Current literature review will help to explain all the relevant theories and elements related to supply chain management that can help in staff motivation across various organisations. Research Aim/Question How the efficiency of the supply chain can help to improve the motivation level of the staff? What the theories that can be used to improve the performance of the supply chain management? Source of Secondary data All the major databases including the Google scholar are used as the source of secondary information. The articles relevant to the supply chain management that were published only after 2013 were taken for the literature review. Search Terms Following key words were used as the search terms Supply chain management Staff motivation Sustainability in supply chain Efficiency in supply chain Key elements of effective supply chain management The key function of supply chain management is to integrate the system of supply and demand. Coordination and collaboration with the channel partners and with the customers are the basic elements of the supply chain management. Grosvold et al., (2014), have highlighted upon the importance of effective communication that can help in the efficiency of the supply chain management and thereby help to improve the productivity. It is important for all the members within the supply chain management share all vital information that can help in effective communication process. This can help all other members of supply chain management to respond efficiently according to particular situation. As new product or services are being delivered at quicker rate, it enables the workers to act efficiently according to every situation thereby help in the productivity of the organisation. Integration of the supply chain management is also one of the important aspects to reduce the cost of inventory (Beske et al., 2014). Supply chain management of Wal-Mart is one of the good examples to understand the importance of integration. Suppliers of Wal-Mart provide them with the latest information related to demand of the product, which can help the company to find the best route of delivery to the customers. In order to achieve the full level integration of supply chain management, it is essential for all the workers of the department to work efficiently in order to overcome the challenge of Information sharing. It is also important for them to follow a particular Protocol in order to have better mode of communication among the internal network.Beske and Seuring (2014), have added in the context that collaboration among networks and workers is one of the biggest strength in supply chain management. All the major leading companies provide high level of training to the workers in order to motivate them to maintain collaboration and integration that can ultimately help in better productivity of supply chain management. It is also important for the workers to have latest data and information related to supply chain in order to effectively deliver the product. They also need to have information related to demand within the customer groups, in order to provide high quality service. Sustainable supply chain management practice The research paper ofBeske andSeuring (2014) highlighted up on the importance of implication of Sustainable supply chain management practices that can help to improve the productivity of an organisation. The overall rate of production and the goods that are being delivered to the customers are entirely dependent on performance of the supply chain management. According to Turker andAltuntas(2014), the sustainable supply chain management can be regarded as one of the major element to improve the overall productivity and also maintain high level of employee motivation. Supply chain management is regarded as an important part in the overall manufacturing process in the engineering firms. Genovese et al.,(2017), have mentioned about the importance of green supply chain management that is also one of the important part for maintaining the employee motivation with the help of sustainable development. Theories related to employee motivation According toCollins and Amabile (1999), it is important to focus up on employee motivation in order to improve upon the overall productivity of an organisation. It is important for the organisation in this context to implement effective theory of employee motivation in order to make full use of the potential of the workers. Managing the motivation level of employee has been one of the major challenges of all leaders within an organisation. High level of employee motivation can also help to reduce the turnover rate of workers. It can be also said in the context that there are different ways that organisations need to implement in order to motivate different type of workers. There are different motivational theories that are implemented by the organisation depending upon the condition of the workplace. There is the theory of Hackman and Oldham that suggest that it is important to enrich the objectives of a job in order to improve upon the skill level of the employees (Osabiya, 2015). The theories related to supply chain management is also an integrated part of employee motivation in Engineering Enterprises (Manzoor, 2012). It is believed that with efficient supply chain management, as the productivity is increased, it is possible for the organisation to deal with the challenge related to employee motivation. This motivation related to supply chain management is one of the extrinsic types of motivation, where the workers had to deal with most of the smooth operational management activities of the business. The theories related to sustainable supply chain management is also an integrated part of employee motivation (Ganta, 2014). It is important to mention in the context that with sustainable business development it is possible for the organisation to establish long term relationship with all their employees. This healthy relationship can be one of the major factors that can help in the development process of employee motivation. Overall the organisational performance is entirely dependent upon the motivational theory that has been applied in context of a situation. It is also important to mention in the context that the best practice of supply chain management is related to the sustainable business development process. This can help to ensure better productivity from the organisation in long-terms. The elements of the sustainable supply chain management are one of the essential parts of economic development of the organisation. Complete theory related to sustainable supply chain management According to K. Roehrich et al., (2014), the productivity of supply chain management is totally dependent upon social and environmental outcomes of the activities related to networking. It is also important to mention that the practice related to sustainable supply chain are the best forms that can help in the matter related to maintaining traditional activities. As the elements of Sustainable supply chain management are implemented within the system it is important for engineering business forms to have better productivity and invest more in the overall functioning. This investment is one of the key to motivate the suppliers and encourage them to use the best possible techniques of the supply chain. This can be easily possible in all forms of supply chain management activities of large scale engineering firms that can help in the process of dealing with the matter related to latest forms of information. It is important for these organisations to have high level of motivation that ca n be maintained by investing more in the sustainability of supply chain management. With sustainable practice within the supply chain, it is possible to deal with the challenge of the poor working performance of the workers in supply chain department. Pagelland Wu (2009), have highlighted up on the importance of innovation capability that is essential part to maintain sustainability in supply chain and can also help to create positive management attitude towards the workers. Managerial aspect of the supply chain management is also an integrated part that can help to maintain the sustainability and motivation within the supply chain management functioning. Figure 1: Model of effective sustainable supply chain Source (Pagell Wu, 2009) According to Brandenburg et al.,(2014), few of the key aspects of effective sustainable supply chain management include transparency among workers. It is also the duty of the management to ensure proper certification of the supplier that is provided to them according to their behaviour. With the help of official certification of the supplier group this possible to encourage them to improve upon their behavioural attitude. It is also necessary in this context to have rewards and incentive system within the intrinsic and extrinsic part of supply chain. This can help to improve upon the performance by maintaining high level of working motivation. The complexity in the delivery system of the products related to the engineering firms can also be overcome with the help of effective management of Sustainable supply chain. Conclusion In a concluding note it can be said that effective supply chain management is one of the key element for all major engineering forms that can help them to improve their productivity. It is also important to maintain high level of motivation among workers to improve the functioning and efficiency of supply chain management. Sustainable practice within supply chain is also an essential component that can help in better functioning and better collaboration of the workers within the supply chain management. References Beske, P., Seuring, S. (2014). Putting sustainability into supply chain management.Supply Chain Management: an international journal, 19(3), 322-331. Beske, P., Land, A., Seuring, S. (2014). Sustainable supply chain management practices and dynamic capabilities in the food industry: A critical analysis of the literature. International Journal of Production Economics, 152, 131-143. Brandenburg, M., Govindan, K., Sarkis, J., Seuring, S. (2014). Quantitative models for sustainable supply chain management: Developments and directions. European Journal of Operational Research, 233(2), 299-312. Collins, M. A., Amabile, T. M. (1999).I5 motivation and creativity.Handbook of creativity,297, 1051-1057. Ganta, V. C. (2014). Motivation in the workplace to improve the employee performance.International Journal of Engineering Technology,2(6), 221-230. Genovese, A., Acquaye, A. A., Figueroa, A., Koh, S. L. (2017). Sustainable supply chain management and the transition towards a circular economy: Evidence and some applications. Omega, 66, 344-357. Grosvold, J., U. Hoejmose, S., K. Roehrich, J. (2014). Squaring the circle: Management, measurement and performance of sustainability in supply chains.Supply Chain Management: An International Journal, 19(3), 292-305. Roehrich, J., Grosvold, J., U. Hoejmose, S. (2014). Reputational risks and sustainable supply chain management: Decision making under bounderationality. International Journal of Operations Production Management, 34(5), 695-719. Manzoor, Q. A. (2012). Impact of employees motivation on organizational effectiveness.Business management and strategy,3(1), 1. Osabiya, B. J. (2015). The effect of employees motivation on organizational performance.Journal of public administration and policy research,7(4), 62-75 Pagell, M., Wu, Z. (2009).Building a more complete theory of sustainable supply chain management using case studies of 10 exemplars.Journal of supply chain management,45(2), 37-56. Turker, D., Altuntas, C. (2014). Sustainable supply chain management in the fast fashion industry: An analysis of corporate reports. European Management Journal, 32(5), 837-849.

Mahatma phule and women free essay sample

Three precious Persons are known as Mahatma in India. At First Mahatma Gandhi, Presently, Anna Hazare and Mahatma Jyotirao Phule. Mahatma Jyotirao Phule was one of the leading exponents of modem gentle, kind and caring human thought in India. Dhananjay Keer, his biographer, notes him as the father of Indian social revolution. The Public of Indian Society was Traditional, motionless and lethargic. He was the reformer who went to the cause of the problems and preached an ideology that would create a new and integrated social structure. He had the courage to be inspired by modern thought. He was one of the first Indians to forcefully introduce the values of freedom, equality and fraternity, as proclaimed by the French Revolution, into the Indian way of thinking. India had another social evil, which allowed no scope for social progress or development, and that was the caste system which determined the social standing at birth—the highest caste being the Brahmins and the lowest, the untouchables or the Mahars, Mangs, Chambhars, Dhers, etc. We will write a custom essay sample on Mahatma phule and women or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The Brahmins formed the priestly class, who imparted religious instruction with the help of religious texts known as Srutis, Smritis and Puranas. A Brahmin was considered the most holy person. The remaining castes came between the two extremes of pure and impure. According to Mahatma Jyotirao Phule, The Brahmins reigned supreme owing to the blind acceptance of their caste superiority. So deep-rooted was this belief in the caste system that a Hindu felt polluted even if the shadow of an’ untouchable’ fell on him. It was believed that one could cleanse one’s sins by giving alms to a Brahmin or by drinking the water obtained by washing the feet of a priest. The latter custom still prevails in some regions of India. The Brahmin community ensured that women remained uneducated and illiterate. He was simply thrilled at the prospect that introduction of modern education could help in bringing about an enormous social change. Mahatma Phule and Savitribai Phule He was aid in his work by his spouse, Savitribai Phule, She gave a hand to him and together they started the second school for girls in India in 1848, for which he was forced to leave his home. He initiated widow-remarriage and started a home for upper caste widows in 1854, as well as a home for new-born infants to prevent female infanticide. He tried to eliminate the stigma of social Untouchability surrounding the lower castes by opening his house and the use of his water-well to the members of the lower castes. Mahatma Phule’s Social activity Mahatma Jyotibao Phule was great activist, thinker, social reformer, writer, philosopher, theologist, scholar, editor and revolutionary from Maharashtra, India in the nineteenth century. He, after educating his wife, opened the first school for girls in India in August 1848. In eptember 1873, Jyotirao, along with his followers, formed the Satya Shodhak Samaj (Society of Seekers of Truth) with the main objective of liberating the Bahujans, Shudras and Ati-Shudras and protecting them from exploitation and atrocities. Title of Mahatma Workers Contribution. The great social reformer Jotirao Phule was bestowed with the unique title of Mahatma on 11 May 1888 by another great social reformer from Mumbai, Rao Bahadur Vithalrao Krishnaji Vandekar. As the historical point of view, Jyotirao Phule had completed 60 years of his age and 40 years of social service fighting for the rights of the bahujans. To highlight this achievement, it was decided by the bahujans and satyashodhak leaders and workers to felicitate Jotirao Phule. Rao Bahadur Vithalrao Krishnaji Vandekar, Narayan Meghaji Lokhande were in the forefront for arranging this function. Rao Bahadur Vandekar and his fellow workers decided to bestow the title of Mahatma on Jotirao Phule for his dedicated service in the cause of humanity. The same moment of Title to Mahatma Phule is memorized by author, Dr. D. L. Karad remind the moment to his comrades at the place near Collector office, Old Agra Road, Nasik and declares that now All workers had given the title of Mahatma to Anna Hazare. Mahatma Phule and Education Commision The Memorial to Hunter Commission by Jyotirao Phule is a document of immense importance in the history of educational reforms in India. A document older than a century and a quarter, it contains the seeds of the ideas like free and compulsory education to all now enshrined in the Constitution of India. It is probably the first document of its kind that speaks of creating a taste of education in the masses and making it accessible to all. It is available on blogs and public domain. Indigenous schools exist a good deal in cities, towns and some large villages, especially where there was a Brahmin population. The boys were generally taught the multiplication table by heart, a little Modi writing and reading, and to recite a few religious pieces. The teachers, as a rule, were not capable of effecting any improvements, as they were not initiated in the art of teaching. The fees charged in these schools range from 2 to 8 annas. Mahatma Phule and Women’s education Contribution of women activist in Mahatma Phule’s socialist activities. Some of Indias first modern feminists were closely associated with Phule, including his wife Savitribai Phule; Pandita Ramabai, a Brahmin woman who converted to Christianity. Panditia Ramabai who was leading advocate for the rights and welfare for the women in India; Tarabai Shinde, the non-Brahmin author of a fiery tract on gender inequality which was largely ignored at the time but has recently become well-known; and Muktabai, a fourteen-year-old pupil in Phules school, whose essay on the social oppression of the Mang and Mahar castes is also now famous. The celebration of Shiv Jayanti(Birth day of Chhatrapati Shivaji Maharaj)for the first time in India has been attributed to him. He also discovered the Samadhi of Chhatrapati Shivaji Maharaj on Raigad Fort which had disappeared in creepers and climbers. He wrote Shivajicha powada an epic poem. Mahatma Phule As Philosopher All scriptures describe heaven, but it is imaginary. There is no region on earth known as heaven. The ‘Nirmik’ has no need for offerings. One can earn the merit that one would have earned otherwise by being kind to pious men in their times of difficulty or by helping an invalid. Between men and women, women are the superior sex. One can repay everyone’s debt but never mat of the mother who gives birth. A home is not a home without a woman in it. A woman selflessly looks after everyone. Being the weaker sex and with man being greedy and selfish, the woman has been subjugated by the latter. Men have even forbidden her learning so that she would not know her rights. The practice of polygamy is evil. The male’s greed creates envy and hatred of all kinds. Men of vice betray their wives by making it with many women and in the process of satisfying their lust for them, succumb to various kinds of venereal diseases which then spread rapidly elsewhere. If an intoxicated man has intercourse with a woman in menstruation leprosy occurs, which also spreads to the offspring’s. Widowers, who marry beautiful, inexperienced girls, ruin their lives. But if these girls are widowed, they are not allowed to remarry. They have to resort to abortion and infanticide. Mahatma Phule and Women’s Empowerment Jyotirao set himself to the task of seeking educational reforms. He was convinced that both the women and the Sudras from the Hindu community should avail themselves of modern education. At the time, even the Brahmins were opposed to educating their women. He decided to open a school for girls, for, if a woman were educated, the home could become a school where the educated mother could teach her children. Meanwhile his friend, Sadashivrao Govande took him to Ahmednagar, the centre of education run by Christian missionaries. They visited the mission school of Madame Farrar, who too lamented that education of women had been sadly neglected in India. She felt that each Indian male should take to educating his wife who could then help him in the spread of education. Accordingly, when Jotirao returned to Pune, he persuaded his wife to get educated; She did so and later started a school for girls belonging to the lower castes. The school began functioning in August 1848 at Bhide Wada in Budhwar Peth. Joti’s associates, Paranjape, Hate and Govande, gave him financial assistance to help run the school. This school was open to girls from the untouchable castes such as Mahars, Mangsand Chamars. This was the time when Pune in particular was the bastion of ultraconservative Hindu leaders, who looked upon an institution which imparted education to Sudra and Ati-Sudra women as an offence against God, and against the Shastras, religion and society. According to these leaders, Hindu religion prohibited women and Sudras from learning, when in reality; it is only the Vedas which are prohibited to the women and Sudras, and not education. However, learning had been denied to women by leaders of various castes. The Brahmins and the caste leaders feared that the social edifice of the caste structure would receive a severe jolt if women became educated. They felt that a woman, if educated, could go astray and destroy family happiness. Those were the days when women were not allowed to use footwear or umbrellas or speak to their husbands in the presence of others; a newly-married couple could not converse with each other in the presence of elders; a woman could not sit down to a meal with her husband. Educating women was considered as bad as playing with fire, as it could lead women to cross the boundaries of family decorum and make elders lose their authority. The curriculum comprised of reading, grammar, arithmetic, geography, history, map reading, etc. Major Candy, supervisor of the school, said in a report: â€Å"I am happy to note the intelligence and progress of the girls. † On 17 February 1852 Jotirao’s school was publicly inspected, following which there was a speech by Bhansaheb Mande. â€Å"It is a pity that the citizens of our country are not yet convinced of the need to educate women,† he said. A judge named Brown was present on this occasion. In his speech he quoted Milton and said, â€Å"Educating women will strengthen family happiness and utility of the institution of the family. † A fourteen-year old girl from one of Jotirao’s schools for untouchables wrote an essay in which she said, â€Å"The Brahmins say that other castes should not read the Vedas; this leaves us without a scripture. Thus, are we without religion? Oh God, please tell us, what is our religion? God, by Your Grace, you sent us the kindly British government. This has brought relief and welfare. Before the British came the Mahars and Mangs were beheaded when they committed an offence against the people of higher castes. Earlier we were not allowed to move about freely in the bazaar of Sultekadi; now we can. † Such was the freedom given to girls in schools run by Jyotiba. Dadoba Pandurang Tarkhadkar was the supervisor of the local government schools. The movement to educate women began to spread to other regions of the country. He was certain that British rule would prove useful in introducing social reforms. In later years, another social reformer, Gopal Ganesh Agarkar said as much the same. The establishment of schools for women was the first step towards upliftment of the deprived and downtrodden. Reflection of the Name Mahatma Phule. The full length statue inaugurated at the premises of Vidhan Bhavan (Assembly Building of Maharasthra State), by the auspicious hands of then the Chief Minister and other dignitaries. The Crawford Market in Mumbai is officially named after him and is known as Mahatma Jyotiba Phule Mandai. Mahatma Phule Krishi Vidyapeeth in Rahuri, Ahmednagar District, Maharastra. Mandai (Pune) officially known as Mahathma Phule Mandai is the biggest vegetable market in Pune City, India. The wholesale vegetable market in Nagpur, Maharashtra (India) is also named after him. Subharti College of Physiotherapy was formerly named after him Jyotirao Phule physiotherapy college. Noted playwright G. P. Deshpande’s biographical play Satyashodhak (The Truth Seeker)was first performed by Jan Natya Manch in 1992 Conclusion Bring to a close with; we can say that he was the first Indian socialist, educationist and thinker whose realistic views on education were honoured by British rule in India. In spite of the fact that he was a great critic of the system of education laid down by Lord Macaulay. He was the most practical man with profound philosophical background. The Indian educationists of his period and after his period were greatly impressed by the richness and originality of his thoughts. But some contemporary leaders and reformers in education could not appreciate him in his times as they were in the grip of traditionalism. His educational ideas and principles especially in the field of women education and universal, free and compulsory primary education are most welcome in the modern Indian society as elsewhere. His ideas to empower women and develop family are a historical part in India. There is no gain saying the fact that the history of woman education in India will be just incomplete without reference to the contribution of Mahatma Jotiba Phule. He is correctly called Mahatma. For his great contribution, he is regarded as â€Å" The father of Indian social revolution. † Refrences:

Visas de turista, trabajo y estudio solo para mexicanos

Visas de turista, trabajo y estudio solo para mexicanos Obviamente, los  mexicanos pueden obtener todas las visas americanas disponibles para todo e mundo. Adems, tienen visas disponibles solo para esos nacionales para visitar, trabajar y estudiar. Todas esas ventajas afectan a visas no inmigrantes. Por el contrario, en las visas de inmigrantes para obtener la green card los mexicanos resultan perjudicados. En este artà ­culo se explican por un lado, los  caminos abiertos a mexicanos con  ms facilidades y, por otro,  tambià ©n los caminos cerrados. Visas de turista para los mexicanos Los mexicanos pueden obtener las visas de turista y de negocios conocidas como B1/B2 que aplican a todos los extranjeros. Pero adems, si viven en la zona fronteriza con Estados Unidos, pueden solicitar si asà ­ lo prefieren una visa lser  que tambià ©n se conoce como tarjeta de cruce. Hay que tener claro que las lser son muy cà ³modas para cruzar la frontera de una manera rpida. Pero tienen importantes limitaciones que las distinguen de las visa que se sellan en el pasaporte. Por ejemplo, con una visa lser la estancia en Estados Unidos no puede ser superior a 30 dà ­as. Adems, est limitada la entrada a 25 millas a contar desde la frontera. Con la excepcià ³n de ciertos puertos fronterizos como Nogales o Douglas que permiten internarse en el interior de EEUU hasta 75 millas. Adems, es muy importante saber que sà ³lo se pueden utilizar en puestos aduaneros terrestres. No sirven para viajar a Estados Unidos por barco o avià ³n. Por à ºltimo, estas visas tambià ©n las pueden solicitar los extranjeros que residen legalmente en Mà ©xico y tienen su domicilio en la zona fronteriza. Visas de trabajo para mexicanos Adems de las visas de trabajo disponibles para todos los extranjeros, existen visados que sà ³lo aplican a los mexicanos o a un grupo limitado de nacionales de ciertos paà ­ses entre los que se encuentra Mà ©xico. Los profesionales pueden acceder a una visa TN, creada al amparo del Tratado de Libre Comercio de Norteamà ©rica (NAFTA). Tienen una tramitacià ³n especial y pueden beneficiar a un amplio abanico de profesiones que se encuentran listadas en Apà ©ndice 1603.D.1 y que son estas 60. Para poder solicitarla, es preciso tener una oferta de trabajo a tiempo completo o parcial. Est expresamente prohibido el autoempleo. Adems, existen visas no inmigrantes para trabajar temporalmente en Estados Unidos a las que pueden acceder los nacionales de ciertos paà ­ses, entre ellos los mexicanos, que de hecho son la nacionalidad con ms visas aprobadas en las categorà ­as H-2A y H2-B. Por ejemplo, las H-2B  sirven  trabajar en una gran variedad de empleos, muchos de ellos en el sector turà ­stico y que no requieren de estudios superiores. Para esta categorà ­a se pueden ofertar un mximo de 66.000 mil visas por aà ±o fiscal. Generalmente se conceden por un aà ±o, pudià ©ndose extender hasta un mximo de tres. Adems, estn las H-2A para trabajar en el sector de la agricultura. El cà ³nyuge y los hijos solteros menores de 21 aà ±os de una persona a la que se le dà © esta visa pueden viajar con à ©l o con ella a Estados Unidos, si bien tienen prohibido trabajar mientras dure su estancia. Pero lo hijos podrn estudiar en las escuelas americanas. Este es un listado de ms de 60 reclutadores mexicanos de trabajadores temporeros para trabajar en Estados Unidos. Diferentes a las visas de trabajo son las de inversià ³n, pero permiten trabajar en la empresa que se crea. Los mexicanos pueden acceder a las E-1 para empresas de import/export y a las E-2, donde hay que tener claro desde el principio cà ³mo entender el monto de capital que se debe invertir.   Las visas de inversià ³n E-1 y E-2 pueden ser disfrutadas, adems, por ciudadanos de otros paà ­ses, pero no de todos. Visas para estudiar en Estados Unidos Adems de las tà ­picas F-1 y M-1, los mexicanos y los canadienses que viven a lo largo de sus respectivas fronteras con Estados Unidos pueden estudiar en este paà ­s con una visa F-3. Esas visas son atractivas pero tambià ©n tienen inconvenientes, como por ejemplo que sà ³lo se pueden utilizar para estudiar en escuelas y universidades que estn a un mximo de 75 millas de la frontera. Cà ³mo acelerar el paso por el control migratorio de Estados Unidos Los mexicanos pueden formar parte de programas que permiten un pase ms rpido por el control de las autoridades de Inmigracià ³n de los Estados Unidos.   Para las fronteras terrestres y marà ­timas, se puede utilizar SENTRI, mientras que para ingresar a USA por un aeropuerto el programa correcto es Global Entry. Malas noticias para mexicanos En los prrafos anteriores se seà ±alaron importantes ventajas para mexicanos. Sin embargo, no todo son buenas noticias. Y es que la alta tasa de inmigracià ³n mexicana en los Estados Unidos provoca que en algunas categorà ­as migratorias debe esperar ms aà ±os para emigrar o, simplemente, algunos caminos les està ©n prohibidos. Por ejemplo, los mexicanos, junto con los indios, chinos y filipinos deben esperar ms aà ±os que el resto de nacionalidades en ciertas peticiones de familia, como por ejemplo las peticiones de ciudadano para hermanos o hijos casados o hijos mayores de 21 aà ±os. Asimismo, no pueden participar en la loterà ­a de visas de la diversidad, que permite obtener la green card a los ganadores de un sorteo. Este es un artà ­culo legal, es meramente informativo.

Algebra Definition

Algebra Definition Algebra is a branch of mathematics that substitutes letters for numbers. Algebra is about finding the unknown or putting real-life variables into equations and then solving them.  Algebra can include real and complex numbers, matrices, and vectors. An algebraic equation represents a scale where what is done on one side of the scale is also done to the other and numbers act as constants. The important branch of mathematics dates back centuries, to the Middle East. History Algebra was invented by Abu Jafar Muhammad ibn Musa al-Khwarizmi, a mathematician, astronomer, and geographer, who was born about 780 in Baghdad. Al-Khwarizmis treatise on algebra,  al-Kitab al-mukhtasar fi hisab al-jabr waÊ ¾l-muqabala  (â€Å"The Compendious Book on Calculation by Completion and Balancing†), which was published about 830, included elements of Greek, Hebrew, and Hindu works that were derived from Babylonian mathematics more than 2000 years earlier. The term al-jabr in the title led to the word algebra when the work was translated into Latin several centuries later.  Although it sets forth the basic rules of algebra,  the treatise  had a practical objective: to teach, as al-Khwarizmi put it: ...what is easiest and most useful in arithmetic, such as men constantly require in cases of inheritance, legacies, partition, lawsuits, and trade, and in all their dealings with one another, or where the measuring of lands, the digging of canals, geometrical computations, and other objects of various sorts and kinds are concerned. The work included examples as well as algebraic rules to help the reader with practical applications. Uses of Algebra Algebra is widely used in many fields including medicine and accounting, but it can also be useful for everyday problem-solving. Along with developing critical thinking- such as logic, patterns, and deductive and inductive reasoning- understanding the core concepts of algebra can help people better handle complex problems involving numbers. This can help them in the workplace where real-life scenarios of unknown variables related to expenses and profits require employees to use algebraic equations to determine the missing factors. For example, suppose an employee needed to determine how many boxes of detergent he started the day with if he sold 37 but still had 13 remaining. The algebraic equation for this problem would be: x – 37 13 where the number of boxes of detergent he started with is represented by x, the unknown he is trying to solve. Algebra seeks to find the unknown and to find it here, the employee would manipulate the scale of the equation to isolate x on one side by adding 37 to both sides: x – 37 37 13 37x 50 So, the employee started the day with 50 boxes of detergent if he had 13 remaining after selling 37 of them. Types of Algebra There are numerous branches of algebra, but these are generally considered the most important: Elementary: a branch of algebra that deals with the general properties of numbers and the relations between them Abstract: deals with abstract algebraic structures rather than the usual number systems   Linear: focuses on linear equations such as linear functions and their representations through matrices and vector spaces Boolean: used to analyze and simplify digital (logic) circuits, says Tutorials Point. It uses only binary numbers, such as 0 and 1. Commutative: studies  commutative rings- rings in which multiplication operations are commutative. Computer: studies and develops algorithms and software for manipulating mathematical expressions and objects Homological: used to prove nonconstructive existence theorems in algebra, says the text, An Introduction to Homological Algebra Universal: studies common properties of all  algebraic  structures, including groups, rings, fields, and lattices, notes Wolfram Mathworld Relational: a procedural query language, which takes a relation as input and generates a relation as output, says Geeks for Geeks Algebraic number theory: a branch of number theory that uses the techniques of abstract algebra to study the integers, rational numbers, and their generalizations Algebraic geometry: studies zeros of multivariate polynomials, algebraic expressions that include real numbers and variables Algebraic combinatorics: studies finite or discrete structures, such as networks, polyhedra, codes, or algorithms, notes Duke Universitys Department of Mathematics.

Tutor Marked assigment 03 - Science of the senses Essay

Tutor Marked assigment 03 - Science of the senses - Essay Example The different cones are sensitive to different light of different wavelength. The three cone cells are usually identified as S, M and L, which denotes short, medium and long wavelengths respectively. As explained by the trichromatic vision theory, the brain cannot be able to figure out the different colors, since the response given to the sensed light greatly depends upon the wavelength and the intensity of the light. For this reason, the ability of perceiving the color requires interaction of two or more types of cone. The interaction between two different cones enables the brain to compare the intensity of the signals, and hence differentiating the colors. The opponent theory puts some more lighting to the trichromatic vision theory, by stating that the cone photoreceptors are linked to produce three colors pairs which oppose. The color pairs identified by the theory are; blue/yellow, red/green, and black/white. The theory explains that, whenever one of the pairs is activated, no other can be activated at the same time. Likewise, it explains that no two members of a given pairs are visible at the same location. This is why; a person cannot see a color like ‘reddish green.’ The theory also provides an explanation for deficiencies, whereby people with dichromatic deficiency confuse colors. E.g. red and green. The ability of the body to sense a stimulus is called sensory modality. The sensory modality is based on the five senses. For the body to sense the stimuli, the stimuli must stimulate the receptor. Once the stimuli activate the sensory system, a perception of the stimuli is done, through coding. The effectiveness of the sensory system to finger out the stimuli is greatly influenced by a number of factors, including the intensity and position of the stimuli. For better interpretation of the stimuli, several sensory are sometimes combined. Vision sensory system can be affected by the

Should Abortion Be Legalized Pros and Cons Essay

Should Abortion Be Legalized Pros and Cons - Essay Example Pro-choice supporters argue for a woman’s right to make her own choices, but are willing at times to consider some restrictions if the abortion comes very late in the term of pregnancy. The right to terminate a pregnancy is thought by them to be a choice that a woman makes to be in charge of her own body. Therefore, it is almost held as a sacred obligation that society does not interfere with that choice. In cases of late-term abortions, they are sometimes willing to balance the life of the child. Pro-life advocates want to strip that right. For them, the life of the child is held as sacred, and it must be balanced against the choice of the mother. Even they are generally willing, however, to make exceptions in the case of danger to the mother’s life or pregnancy resulting from rape or incest. Such balancing is often done with heavy hearts on both sides of the issue. To complicate matters even further, some hold extreme positions that do not allow for any compromises at all. Some advocate for choice and some for life, with no exceptions. This is why abortion has remained, on both sides over the years, a hotly-debated and controversial issue. This paper will summarize the arguments that have been involved in this debate. One of the main problems with abortion’s legality in the view of those who argue for a pro-choice position is the procedure’s terrible history. In the past, women had to go to doctors or unlicensed individuals (e.g., midwives or, worse, shady â€Å"chemists†) for illegal abortions. These procedures were often performed in secret, unclean surroundings. Most of the operators who performed abortions when they were illegal were poorly qualified (or, as stated, unlicensed), and the care delivered was unsanctioned, unregulated, and dangerous. It sometimes resulted in infertility. Some women met with tragic circumstances, including death by infection and bleeding that could have been prevented if abortions had been done

Internship Report Essay Example for Free

Internship Report Essay I am Nigel Ng Ding Xun from Business Information Technology. During the ending of my second year in Ngee Ann Polytechnic, I had to go through what may be the toughest thing I faced during my time studying in Ngee Ann. Internship. I was placed in the company Lau Chin Huat Co. Lau Chin Huat Co. is a firm of certified public accountants. In the company, there are a total of three different departments. The IT department, the Accounts department, and the Audit department. The head of the IT department is my supervisor, Mr Anthony Lum. He is the one that handles any of the IT problems faced in the company. Staffs in the company often treat him as the ‘boss’, as Mr Lau is not in the company most of the time. Mr Anthony is very strict when it comes to work. He is known as one who would get displeased very easily when a work given by him to his staffs is not completed on time even though the time given may not be sufficient. Therefore, most of his co-workers tend to panic and put in their utmost effort into completing their work efficiently. The Accounts and Audit departments are managed by mainly Mr Yeo, and Miss Ai Ting. They might be my superiors, but when working there, I could sense the amount of respect they have for all of their staffs, regardless of their status in the company. Due to that, many of the staffs deeply respect them, including me. The Audit Department performs audit work on client’s financial statements and records. They assist in preparation of audit working papers of clients to facilitate further audit work, and the prepare audit reports for review by audit work. They are not in the company most of the time as they are often off to another company for auditing of work. The Organisational Chart for Lau Chin Huat Co: Lau Chin Huat uses mainly two kinds of software to run their business, it being Adagio and OpenOffice. Adagio itself has many different kinds of products, but the products that Lau Chin Huat uses would be mainly focused on Adagio Payables, Adagio receivables, and Adagio Ledger. With these softwares combined, you can complete accounts payables, receivables and General Ledger management for your business. Open Office is just like Microsoft Office, just that it does not cost a single cent and that it is free for everyone to use. During my first week at Lau Chin Huat, I was told to do a descriptive and pictorial step by step user manual of the software, Adagio. It basically meant that I had to take screenshots of every step of the process, combine it into one or two pictures, and describe what it was for. Although it was time consuming, it was really useful to me in the sense that I had a better understanding on how to use Adagio after finishing the user manual. Moving on, during the third week of my internship, I was exposed to excel and its formulas. Using formulas would promote ease of access as users would not need to manually key in the data needed anymore. Just a click and drag would solve all those issues. I was also given easier kind of work, such as editing templates that would be used as receipts. I learnt how to conduct stock take, and I also had to key in the stock count of the companies who have already conducted their stock take. As it has always been my dream to work in an accounting firm, I found much joy while doing the work needed at Lau Chin Huat. The one thing that I really love when I was working at Lau Chin Huat would be that my co-workers are really friendly. As almost half of the company comprises of interns like myself, it was really easy to get along with them. To my surprise, even those that are working as full-timers are really friendly as well. Everyone will always lend a helping hand to you when in need, or when you are at doubt. During our lunch break, we would gather together and talk about anything and everything in the world. This is something that I really cherished and enjoyed during my 2 months of Internship at Lau Chin Huat. I could still remember my first few days where I knew no one and I felt really lonely during lunch breaks as I always had to dine alone. Until that day where one of my colleagues asked me whether I would like to join them for lunch. That really made my day. Till now, I could still clearly remember that situation and how elated I felt at that time. That made me realized how important it is to have friends in life. Though the working environment may be small, but everyone in the company is very bonded. We share everything with each other, and we treat each other as our own siblings. Although it sounds as though we will play around in the company, but when it comes to work, we put our heart and soul into producing efficient and quality work. During my first few weeks at Lau Chin Huat, I faced many problems/difficulties. To start it off, I admit that I was not happy at all being posted here. The travelling distance from my house to Lau Chin Huat was a long journey, I had the lowest pay amongst all my friends, and worst of all, I had to work on Saturdays. Being a comparative person, after I was told by my friends that my posting was the worst amongst all of them, I was really unhappy. I was really negative and it was not a good start for me on the first day I started working at Lau Chin Huat. I was easily affected during work, and little things that annoyed me just made me hated having my internship here even more. That was when I wanted to opt for a change of internship placement. It’s a long story, but basically, that step I made was the biggest mistake in the time of undertaking my Internship. I caused a lot of problems for everyone, and that mistake almost cost me to fail my Internship. Luckily, I was given a second chance by Lau Chin Huat, and I am really grateful to them for that. I was then asked to go in with a positive mindset and do the best that I can. I mean, after all, it’s just six weeks. How hard can it get, seriously. That sentence was told to me by my NPIS supervisor, Mr Tay. It really woke me up. It made a lot of sense to me, and I told myself to give it another shot. Apparently, my habit of not being able to be punctual was a major obstacle to overcome for me. I was late most of the time, and that feeling was really horrible. The stares given by others when you are late and you walk into the company. Sometimes, I just wish to bury my head under the ground. I felt so ashamed of myself, I was scolded by Mr Anthony and he was really unhappy. From that moment I told myself not to be late anymore, to wake up early to attend work on time. The first time when I was punctual actually felt really great. I did not have to rush to work, I was not panicking about how I should explain to my boss about why I am late, and I was praised by Mr Anthony for being punctual. I was happy. That was when I started waking up earlier, just so that I would arrive to work on time. There were many times when I faced difficulties in completing my work, as the task given to me was kind of ‘impossible’. There was this once where I was given this Excel file and I was supposed to derive with formulas in order for easier formatting of data. Everything was a breeze and I did not face any difficulties until this one cell where I was supposed to format cells according to their address. (Eg. Block 340; one cell. Ang Mo Kio Avenue 2; one cell.) Due to the different formatting of data in the database, I was unable to derive with this particular formula. All of my time was then spent on looking for ways to come out with the formula, researching on whether there are such formulas, but to no avail. When I told Mr Anthony about it, he told me that he would fail me for this because if I could not find the formula, the work would not be counted as complete, and he grades me based on the results produced. That was when I really panicked and I was really upset. Thankfully, Mr Yeo knew about the plight I was in and he told Mr Anthony that it was not fair for me and asked him to give me simpler work instead. Knowing that I was given a second chance, I tried even harder so that the work that I produced would be up to Mr Anthony’s standard. On the last day of my work, I realized that Mr Anthony is not such a bad guy after all. He had a talk with me before I left the company. He explained to me the reasons why it seemed like he was always picking on me. He told me that in the past, he was just like me. Always being late, and that he did not give a care in the world. Thankfully, his supervisor talked to him and changed the way of how he saw things. Now, that he realized the amount of similarity that we used to have, he told himself that he just wanted to show me the way of life, just like how his supervisor did for him. He told me that he knows that I did my best, and he was proud of me. These words that he said are words that I will never forget. During my time at Lau Chin Huat, it really taught me the importance of responsibility, punctuality and respect. I was always late and I did not bother whether about punctuality at all, but after being posted to Lau Chin Huat, I realized how important punctuality really is, be it work, or anything else you do. It is able to see a person’s level of responsibility just by whether they are punctual or not. I also realized that respect is not necessarily always given to others, it will only be given to those who deserve it. These are qualities being taught to me that I will carry with me wherever I am, be it when I am working, or when I am doing other things. My suggestions to improve the work done would be to always do things with a positive mindset and to persevere on in whatever you do. With a positive mindset and perseverance, no matter how tough your work is, a positive mindset will guide you through the way and your perseverance will make sure you see it to the end. To me, I think that these are the qualities everyone should have as this will help and benefit you in whatever you do. In conclusion, having my Internship at Lau Chin Huat taught me more Excel formulas that I would be able to use in my course of study, it also taught me how to do reports after a stock take. Internship taught me many valuable life lessons. I am really glad that I gave my all during the second chance that was given to me. If given the chance to, I would be more than happy to work for Lau Chin Huat again.

indus valley :: essays research papers fc

Beneath the Himalayas, Northwestern sector of the Asian subcontinent was beginning stage of an evolved city life. It was the earliest known civilization in South Asia. It is called the Indus Valley Civilization. It was the first civilization to flourish in India. This lasted from 2500 BC until 1500 BC. It is sometimes referred to as the Harappan civilization, named for the site of Harappa, one of its major centers. Sir John Marshall and his colleagues discovered this civilization. The Indus peoples used wheeled carts, designed creative jewelry and toys, and had written languages. The Indus valley civilization had reached it’s heights around 2500 BC â€Å"Among the indigenous people of ancient India, the Indus valley civilization stands out particularly advanced an impressive (Ludwig pg.65.)†. Researchers say that the Indus Valley civilization is far more advanced that prehistoric Egypt, Mesopotamia or anywhere else in the Western Asia. The Indus Valley stretches for thousands of miles. It had many cities, which included the two largest cities Harappa and Mohenjo-daro. These two cities had the population of more than 40,000 each while Sumerian cities only had 10,000 each. In the entire Indus valley civilization had about seven hundred towns and villages. The Indus valley people lived off of agriculture, and trade. They grew barley, wheat, rice and etc. There was remarkable achievement on cotton. It was the earliest traces of cotton. Trade and agriculture was their source of wealth and survival. The Indus people used bronze and copper greatly. They use it to make spears, knives, short swords, axes and fish-hooks. Gold and silver was used to create ornaments, amulets, and charms. These were used to protect them from evil sprit or people that were going to be of harm to them. There was also trade with domestic and international trafficking by water. â€Å"Archaeology and Ecology show that imports included gold from Southern India or Afghanistan, copper from Rajasthan or Afghanistan or even farther afield, turquoise from Iran and etc. (Wheeler pg. 64)†. The Indus civilization had a polytheistic religion. The Indus people worshipped natural forces such as trees, animals, water, and mother goddess. These are also important in the Hindu religion. They believed that water had a purifying power. Many clay figurines of animals, women, and men were found. Sometime after 2000 B.C. the Aryans migrated into India from the northwest, it became dominant, but some of the Indus people and their religion ideas were absorbed into the Hinduism religion.

Online Banking System

1. Introduction Online banking is an internet based account management service that allows to view our account balances and transaction transfer funds between authorized accounts, initiate loan payments, request stop payments on checks, order personal checks, download transaction information into your computer communicate with the bank using e-mail, and can include bill payment services bill payment services. On-line storage refers to a file of information (like a file on â€Å"students† or † courses) that the computer and the user can access immediately. The computer, in other words, is directly connected to the file. A database is simply a collection of on-line files to which the user can gain access Tape storage of data is inexpensive and reliable. Computer tape stores data much like audiotape and videotape store pictures and music, namely, in sequential order using magnetic impression on a thin film. Disk storage involves using magnetic impressions on a thin steel disk. The advantage here is that the information does not need to be in sequential order and the user can gain access to any piece of information immediately. Transactions Immediate Input Immediate Processing Immediate File Update On-Line Processing Online processing, which is now common involves transactions and processing them immediately. On-line processing systems use disk storage, which permits immediate access to specific items of information. In on-line processing, transactions are keyed into the system immediately and the system responds immediately. The master file is updated continually. The online has revolutionized the computer and communications world like noting before. The invention of the telegraph, telephone, radio, and computer set the stage for this unprecedented integration of capabilities. The online is at once a world wide broadcasting capability, a mechanism for information dissemination, and a medium for collaboration and interaction between individuals and their computers without regard for geographic location. In this paper online several of us involved in the development and evolution of the share our views of its origins and history. This history revolves around four distinct aspects. There is the technological evolution that began with early research on packet switching and the Arpanet (and related technologies), and where current research continues to expand the horizons of the infrastructure along several dimensions such as scale, Performance and higher level functionality. There is the operations and management aspect of a global and complex operational infrastructure. There is the social aspect, which resulted in a broad community of Internets working together to create and evolve the technology. And there is the commercialization aspect, resulting in an Extremely effective transition of research results into a broadly deployed and available information infrastructure. The online today is a widespread information infrastructure the initial prototype of what is often called the National (or Global or Galactic) Information Infrastructure. Its history is complex and involves many aspects-technological organizational and community. And its influence reaches not only to the technical fields of computer communications but throughout society as we move toward increasing use of online tools to accomplish electronic commerce, information acquisition, and community operations. 2. Importance of the study The banking business has been in effect since the importance and need of finance and money as well transaction in business. We got the banking culture in a usual form within the relationship between customers and bankers. In course of time banking became the inevitable part of our daily necessities through out our state. Banking business always appears to fulfill the need and convenience of customers in home and abroad. Nowadays, the banking business refurbished itself in accordance with variation in customer's need and utilization. Accordingly a larger section of population is still unaware of Online Banking owing to many reasons and legitimate crises. Moreover, this Online banking culture is such a culture or trend, as people ought to know, considering the issue. We should go forward to work immensely in this area or field as though this trend or culture spreads and gets access to the realization of people in no time. The money embezzlement in a bank poses tense and threat to the belief of people on bank, that man be eradicated through updated, modem service ensured in change of traditional banking management, therefore, my research work regarding this banking culture might grow the confidence, eagerness to large extent. On the contrary, this study would let the people and students be familiarized and come to a close contact in behalf of this banking system. 3. Objectives of the study: The primary objective of the term paper is to find out a feasible solution for the banking System of Bangladesh using a nation-wide network. Implementing a nation-wide Electronic banking system requires huge investment especially for the establishment of a backbone network. It really matters for a country like ours. But fortunately we need not go for establishing the backbone network; instead the high-speed optical fiber network previously owned by Bangladesh Railway can be leased partially to meet the requirement. This work also finds some comparison study with the existing system and finally focuses on few what-if analyses. The comparison study has been founded upon some important financial services such as fund emote transferring, letter of credit (L/C), assuring foreign exchange rate etc. It mainly finds the economic benefits. The what-if analyses have been formed using some internal matrices for performance evolution. The main objective of the term paper is to gather knowledge about the online Banking system and find out the consistency and inconsistency. I also try to adjust with the gap to be competent at the modem job market. The areas on which I have tried to give emphasis are: ? Working environment has and should be established. Identify the problems and prospects of online banking and recommends their solution. ? Justify the present supportive facilities, which are given by online Banking ? Interaction between different place with-in Bangladesh ? To show the influence of environmental situation on online. 4. Methodology of the study: Term paper is conclusive as well as descriptive in nature. Necessary Statistical tools have been applied to carry out the assigned study Following methods have been used to accomplish this proposed solution: ?  ¬ Basic principles of existing banking system (Bangladesh) ? Study the major drawbacks of existing system by interviewing the current employees of different banks. Interviews are mostly taken through emails and in some cases through telephone and Internet chat. ?  ¬ Study the existing IT infrastructure of Bangladesh in context of Bank by interviewi ng the developer of different banking software vendors ?  ¬ Study the E-banking system from different resources that are available in different websites, books and online journals ?  ¬ Some of the what-if analysis has been used to measure performance of the proposed solution. 5. Limitations of the study I have tried out best to collect the maximum information from the internet and Banks but I faced some problems: 1. Banks didn't provide all necessary information for their business secrecy. 2. Collecting data and preparing report is very expensive. 3. Times are not sufficient for preparing a very good report. As a result, information presented on the report might not reflect the utmost entire reality. Few data, which are gathered from secondary sources, could not match with present situation, because there was no annual report from the company. . 0 Findings and Analysis: 6. 1 The initial online concepts: The original ARPANET grew into the online, online was based on the idea that there would be multiple independent networks of rather arbitrary design, beginning with the ARPANET as the pioneering packet switching network, but soon to include packet satellite networks ground based packet radio networks and other networks. The online as we now know it embodies a key underlying technical idea, namely that of open architecture networking. In this approach, the choice of any individual network technology was not dictated by particular network architecture but rather could be selected freely by a provider and made to interwar with the other networks though a meta-level â€Å"Internetworking Architecture† Up until that time there was only one general method for federating networks. This was the traditional circuit switching method where networks would interconnect at the circuit level passing individual bits on a synchronous basis along a portion of an end to end circuit between a pair of end locations. Recall that Klein rock had shown in 1961 that packet switching was a more efficient switching method. Along with packet switching special purpose interconnection arrangements between networks were another possibility. Which there were other limited ways to interconnect different networks, they required that one be used as a component of the other, rather than acting as a peer of the other in offering end to end service. In an open architecture network, the individual networks may e separately designed and developed and each may have its own unique interface which it may offer to users and/ or other providers, including other internet roviders. Each network can be designed in accordance with the specific environment and user requirements of that network. There are generally no constraints on the types of network that can be included or on their geographic scope, although certain pragmatic considerations will dictate what makes sense to offer. Basically online is making up by networkin g of all branches. Any customer can collect money or deposit any amount of money, any branch of this bank. So modern world, online banking is call easy banking online system has two parts: Internal online system. External online system. Internal online system is any customer can deposit money or collect money from any branches of this bank. And external online system is any customer can deposit money or collect money or even pay his any kind of bill by ATM card or credit card. Online banking system is a powerful banking system for any banking transaction. For set up an online system need a lot of money. So which bank has only two or three branches don't want to set up online system. Online banking is secure. Every online bank is so confident of its technology that they guarantee the confidentiality of any transaction on the internet. Electronic payment is so easy. Just follow the instructions as outlined in the easy guide to electronic bill paying as it takes through the process. Step-by step or visit their bill payment tutorial as new things come on-line, well announce in these new area. The customer can get to it from their name page or as the customer â€Å"exit† online banking. They also e-mail their customers when there are changes in their bank, who has online banking system, they also have own website. In this website they must have obtain of online. Any customer can take the benefit of online service from this website. Every online bank sends customer's last month transaction report at their home. So check this report, to see what’s cleared and what hasn't. Customer's â€Å"Account summary† will display whether a bill payment was rejected. Mobile banking is the modify color of online banking. Any customer can take the benefit of online banking by phone. Any customer can enjoy the fabulous features of online banking even when they away from the bank. Mobile banking is the smart choice for busy People on the move and if they are already on online banking customer. It's available at no additional cost. Mobile Banking with a palm handheld adds an exciting new dimension to online Banking. Now customer can enjoy all the ease, convenience, privacy and security of Online Banking through a handheld computer that fits neatly in customer purse or pocket it’s the financial Imagine the freedom and control of viewing customer financial picture any time of the day of night, in the privacy of customer's own surroundings. Check the balances of saving accounts, business banking accounts, lines of credit, or VISA' credit card accounts; †¢ Transfer funds between accounts. †¢ Check the balances and details of your loan and mortgage accounts †¢ Pay your bills, †¢ Obtain up-to- the minute account information. Online Banking is anywhere you have Internet access, so it's never been more convenient to manage your finances. With online banking you can quickly and easily solution of the future and its there right now system Check your account activity and balances. †¢ Transfer funds and receive and pay bills. †¢ Contribute to your RRSP and double up on your mortgage payments †¢ Plus so much more. l management Enjoy all this convenience and control within the safety, security and privacy of Online Banking 24 hours a day, 7 days a week. 6. 2 Service Provided by Online Bank Most of the online Banks have the equivalence in the services. Considering the services of banks given, we can show the view of services offered based on the following forms given bellow: Services available | |Basic (Most bank offer) |Advanced (some banks offer) | |Check account balances |Apply for loans | |Transfer funds among accounts |Download information about accounts | |Pay bills electronically |Trade stocks or mutual funds | | |View images of checks and deposit | 6. 3 Description of Online banking service Online Ban king Service is an electronic service provided via the Internet that permits customer authorized access to Access information about certain deposits and credit accounts for which customer are authorized to view information. †¢ Transfer funds between authorized accounts. †¢ Request and receive confirmation of stop payment on a check. †¢ Enter an order for customer personal checks according to check order information on file. †¢ Download transaction information to personal financial management software or spreadsheet. Communicate with the Bank using the online Banking E-mail Feature. The service is provided free to charge except for Online Bill Payment and stop payment orders. The Bank may offer additional services in the future, which will be subject to these terms and conditions as from time to time modified. Fees and charges for online Banking Services and Bill Payment will not be changed without at least 30 days prior notice and shall be charged to customer acc ount. The service is generally available 24 hours a day, seven days a week; however, the service may be unavailable from time to time for routine software and hardware maintenance or due to unscheduled down time. 6. 4 General terms and conditions Anyone agree to indemnify, hold harmless, and defend this bank from and against any and all claims, actions, suits, judgments, and expenses ( including court costs and reasonable fees of attorneys, accountants , and expert witnesses) at us sole expense, arising from us failure to abide by the restrictions on use of the Online Banking Services set forth herein. He agrees that the following uses of the Online Banking Services are strictly prohibited: †¢ Unauthorized communication of any account information to any other person or entity. †¢ Unauthorized communication of any information concerning any password or other online access number, code, or identification or any other proprietary information belonging to any other person or entity. Use of the Online Banking Services to copy or to distribute or transmit copies of copyrighted materials belonging to any other person or entity is permitted only to the extent that the owner has provided express permission to the user Permit ting such activity and the Bank has also approved such use in advance. Copying or Distributing or transmitting copyrighted materials other than with permission as specified above is expressly prohibited. †¢ Communicating any absence or defamatory information. †¢ Use of the Online Banking Services in violation of any telecommunication, postal, or other local laws or regulations of the user's †¢ Any use of the Online banking services for any purpose other than conducting banking business pertaining to us account (s) with regarding Bank. 6. 5 Limitations and liabilities The Bank and its suppliers make no warranties or representations of any kind with respect to the Online Banking Services, whether express or implied including but not limited to merchantability or fitness for particular purpose and neither the Bank nor the Bank's suppliers nor anyone else who has been involved in the creation, production or delivery of the Online Banking Services assumes any responsibilities with respect to his use thereof. No oral or written information or advice given by the Bank, the Bank's suppliers or any of the Bank’s agents or employees shall create or increase the scope of a warranty or in any way decrease this limitation and he may not rely on any such information or advice. He explicitly agree that any liability of regarding Bank arising from the provision of Online Banking Services is limited to the fee he paid the Bank for the transaction which gave rise to the alleged liability. He expressly waive any claims for additional consequential, incidental, compensatory or punitive damages and agree that the damage provisions set forth herein are commercially reasonable in light of the value of such Online Banking Services (including the possibility that the fees he paid hereunder may not be sufficient to fully compensate for all losses, but such fees are in an amount as to make it unfeasible for us to be responsible for greater damages). Any cause of action concerning the online banking services or online bill payment services under the agreement must be commenced within one year after such cause of action has occurred and be filled the circuit Court of the sate of Oregon for Baker country. 6. 6 How does online banking work? Online banking offers many chances for consumers to do certain transactions over the Internet. They allow them to use online features, which are available on the web such as checking their account balance and other types of transactions. To use Internet features, consumers have to log in and type their account number with the password. This will enable them to view all the information they need of their accounts and by clicking on the type of transaction, they want. In addition to that, most online banks provide a proper privacy of the information related to consumers and maintains security aspects. There are many services that can be presented by the banks over the Internet instead of viewing accounts for consumers around the world. Paying bills electrically is also one of the most effective features of online banking. Consumers do not need to wait until receiving mails of bills if they use the electronic way of payments. More over, online banking can serve their customers with transferring their money between accounts, which could be as a real transaction in dealing with traditional banks. They also can contact their branches over the net by sending emails if they face any problem or ask for farther information. Architecturally, bank may design its Online Banking system in two ways: Central Server System Distributed Server System Considering the facts of telecommunication infrastructure, distributed system is preferred solution. So that, one branch can do its transaction and customers can get service even if the communication is disrupted. The foreign banks in our country use central Server concept. In these systems, all the branches log in the central server and perform transactions. Solid communication line is required for central server system. If the line is down, transaction hamper2. 4 Critical evaluation of online banking. 6. 6. 1 Bill payment services This applies to all checking accounts for which Online Bill Payment Service has been requested. He authorize regarding Bank to transfer funds in accordance with his payment request. Payment (s) will be deducted from his checking account and transferred to a designated vendor/merchant account based on the electronic instructions he authorize. The Bank will execute his request when instructed by him or his authorized representative, subject to the terms of this agreement and applicable disclosures. Consumer funds transfers are also subject to the Electronic Funds Transfer Act (EFTA). 6. 6. 2 Security procedures The Bank's financial standard security procedures are to request one’s online banking users ID code and password. User may change his/her password at anytime while online. He agrees that any use of the Online banking services indicates his acceptance of the Bank's security procedures. He agree that any request acted upon in good faith by the Bank in compliance with these security procedures whether or not authorized by him, shall be treated as his authorized request whether he paying his bills with Online Banking trading stocks with Action Direct Net Action or submitting a credit card application online, regarding bank financial group members have gone to great lengths to ensure your confidentiality and security. They use several layers of robust security methods including encryption, firewall and timed long outs among others to ensure his personal and financial information are kept private and confidential. With respect to his Online banking sessions, as an extra measure of security, confirmation numbers are issued with every transaction. To protect his password and online Banking session, they employ state of the art encryption technology. Encryption is presently the most effective way to achieve data security. That is why your browser must be compatible with 128-bit encryption in order to access Online Banking. Client privacy is an important issued both to him and to them regarding Bank is committed to respecting the confidentiality of them customer’s personal business and information. 6. 6. 3 Recording and records The user authorizes the Bank to record electronic transmissions between the Bank and him or any person acting on his behalf, to keep those records as long as we consider it necessary. If the bank records about a payment are different than the users records, recordings, including, but not limited to any payment instructions received by the bank. 6. 6. 4 Methods used to make the funds transferred The Bank may select any means for the transmission of funds which we consider suitable, including but not limited to Automated Clearing House (ACH). You should anticipate that payments made by ACH might take up to 4 days to be credited; other payments may take up to 10 days to be credited. The Bank is not responsible for performance failure as a result of a delay or interruption in transfer facilities, labor disputes, power failures, equipment malfunctions, suspension of payment by another bank or payee, refusal or delay by another bank or payee to accept the funds transfer, war , emergency conditions, fire , earthquake, or other circumstances not within our control. These difficulties may extend the time when payments are credited. 6. 6. 5 Incorrect instruction He agree that he are solely responsible for giving them correct instructions with regard to the account his wish debited, the time of payment, the amount of the payment and the correct payee. He furthermore agree that his obligation to pay the Bank the amount of the payment made on his behalf is not excused by his failure to give us accurate or proper instructions. He agrees that the Bank will not be responsible for any delay arising out of our attempt to obtain correct instructions. 6. 6. 6 Receipt, acknowledgement and execution of request by bank Payment request are considered received by the Bank after providing he with a confirmation number for his payments (s) and his payment (s) have been confirmed as correct by him at the end of the Online Bill Payment session. The Bank must have a certain amount of notice before paying a bill. In order to execute his order to pay a bill on the same day the request is received, the Bank must have the request before 12:00 noon, Pacific Time, of that day. If the request to pay a bill is received after 12:00 noon, Pacific Time, the request will not be made until the next banking day. 6. 6. 7 Payment of bank When the Bank makes him requested payment he authorized the Bank to automatically and immediately deduct form his checking account the amount of the payment. He also agrees that the Online Bill payment transaction fee will be automatically deducted from his account on a monthly basis. 6. 6. 8 Rejection of payment The Bank has a right to reject his request for a payment for reasons including but not limited to: insufficient funds or uncollected funds in the amount specified in his request; the Bank's inability to execute the funds transfer for the reasons set out above titled Method Used to Make the Funds Transfer or incorrect or incomplete instructions given by you. He recognizes that the payee may be advised of the reason a payment is reject. 6. 6. 9 Cancellation or amendment of payment If the Bank has received his payment request and he later decides he you want to cancel or amend that payment, he may be able to revise his payment transfer instructions. He will not be able to cancel or amend his bill payment request if it has already been executed by the Bank. The Bank shall have no liability if such cancellation or amendment is not effected, and he agree to indemnify and hold the Bank harmless from any and all liabilities, costs and expenses (including court costs and reasonable fees for attorneys, accountants, and expert witnesses) the Bank may incur in attempting to cancel or amend the payment. 6. 6. 10 Confirmation of payment execution and account statement All payee payments executed will appear on his monthly checking account statement. He should review his statement, or other notice, for any discrepancies in connection with his payments. If he thinks a payment was made incorrectly form his checking account. He must contact Pioneer Bank in writing upon discovery of the error or within 60 days after he receive the first statement or notice which has the discrepancy, whichever is earlier. Failure to do so will reliever the Bank of any obligation to compensate you for his losses and expenses directly related to the erroneous payment. 6. 6. 11 Duty of reasonable care The Bank shall exercise good faith and reasonable care in processing his payments. He shall similarly exercise good faith and reasonable care in observing and maintaining security procedures, in communicating payment requests to the Bank, and in reviewing Bank statements for any discrepancies. The Bank will use reasonable efforts in attempting to cause creditors to reverse any service fee or late charge, which is related to payment processing error or delay. He also understand that the Bank will not be responsible for any loss or penalty that he may incur due to lack of sufficient funds or other conditions that may prevent the withdrawal of funds from his account or cause delays of errors in his payments. He understand that the Bank will not honor any request to pay when there are not sufficient funds available for withdrawal of funds form his account or cause delays or errors in his payments. He understands that the Bank will not honor any request to pay when there are not sufficient funds available in his account. The Bank's rules on when deposited funds are available for withdrawal are outlined in the information he received when opening your accounts (s). 6. 6. 12 Limitation of liability He explicitly agree that any liability of regarding Bank arising from the provision of Online Bill Payment Services is limited to the fee he paid the Bank for the transaction which gave rise to the alleged liability. He expressly waive any claims for additional, consequential, incidental, compensatory, or punitive damages and agree that the damage provisions set forth herein are commercially reasonable in light of the value of such Online bill Payment Services (including the possibility that the fees you paid hereunder may not be sufficient to fully compensate for all losses, but such fees are in an amount as to make it unfeasible for the Bank to be responsible for greater damages) 6. 7. Features of online banking The features available from an on-line bank account are similar to those which are avail able via ‘phone banking or visiting the local branch. on-line banking features do differ between the banks, but usually include: 6. 8 The major principles are: 6. 8. 1 Online Bank ing Principles Supplement to consumers Union policy on Electronic money and Banking security: 1. Providers of on-line financial services should provide sites that are secure. Secure sites should include the most effective existing protections such as passwords and encryption, and should be routinely reviewed and updated to ensure that new security features are added as they are developed. 2. Financial services providers should be vigilant to expose imposters using their names or similar names to include consumers to reveal personal financial information. 3 . Federal and state regulations should carefully scrutinize the operating practices, security and solvency standards, and privacy policies of both on-line providers of financial services and of third-party providers, contractors and subcontractors. 4. Financial services entities should take responsibility to make the consumer whole for losses from computer crime not caused by the consumer; for security breaches; for failures and losses caused by third parties selected by the financial services entity or by its subcontractors; and for losses contributed to by the financial institution's sharing of customer data internally, with an affiliate, or with a third party. 5. Providers of on-line financial services should accept the responsibility to try to prevent, detect, and eradicate viruses and other security breaches. Viruses sometimes cannot be prevented, but some on-line banking contractors offered today attempt to eliminate all responsibility on the provider even to try to do so. Because a consumer's ability to access funds needed for daily living can be affected by viruses and other security breaches, on-line financial services providers should accept more responsibility than is commonly accepted by web site providers of lower cost, less financially sensitive products. 6. Banks should take affirmative steps to make on-line banking services available in neighborhoods where access to on-line services is low. This may include providing access and training in community centers, housing projects, and urban high schools, as well as other creative approaches. 7. On-line banking channels should not replace other channels that permit in-person activity unless and until there is clear evidence that all demographic groups (including age and income groups) are in fact bearing equally well served by on- line banking as by other bank channels, including brick and mortar branches. 8. Banks who provide special offers to internet customers must also have an effective method to make those offers available to customers without access to the internet. 9. Access to on-line banking services should not be tied to the purchase of another product or service, or to high minimum balance requirements. 10 . Banks and insured financial service providers who accept deposits nationally should not restrict their Community Reinvestment Act areas to the physical location of their home offices. 11. Banks and other providers of on-line financial services should protect and respect consumers' financial privacy. Information about account numbers, account balances, transaction patterns, specific transactions or similar information should never be provided to third parties, affiliates or internal divisions without the express permission of the customer. Material used to check permission should desirable all of the types of information that might be shared and with whom the information might be shared. 12. Banks who use an opt-out method should provide a means to exercise the opt-out directly through the sign-up process, in addition to providing a phone numbers or other methods. The customer who knows he or she wishes to opt-out at the time of signing up for on-line banking should not have to take a separate step to do so. If opt-out is used, it must include the opportunity to opt-out from information sharing among both affiliates and internal bank departments, as well as with third parties. 13. Financial services providers should not condition the provision of on-line services upon consent to share financial information with an internal division, affiliate, or third party, except to the extent that the internal sharing of such information id both necessary for the provision of the service and fully disclosed to the consumer. 14 Financial services sites should never store information about the consumer in any location where it can be accessed by a third party. On-line financial services providers should fully disclose the nature and purpose of any electronic markets they propose to place in the consumer's system, secure the consumer's consent to place those markets, and permit the consumer to decline to accept such markets. 15. Banks and others offering uninsured on-line financial services should prominently and effectively disclose which services, accounts, or products are not insured by the FDIC. At a minimum, insured and uninsured products should not be offered on the same screen. When linking from an insured to an uninsured product screen, special care must be taken to identify the uninsured nature of the products offered through the link. Providers should test their customer base to evaluate the effectiveness of these disclosers. Regulators should actively enforce these requirements, and should conduct their own tests to evaluate the effectiveness of disclosers. 16. Banks and other FDIC-insured entities should never permit their names to be used by or licensed to uninsured entities, nor to be used by any third party in a fashion that creates an impression that a communication from the third party is from the Bank. 17. Increases in fees and changes in material terms should be accompanied by at least 30 days advance notice. The notice should be sent by a means calculated to actually communicate the information to the customer. Posting information on the bank's web site about new fees or changes in material terms is not sufficient. 18. Providers of on-line financial services should make their contracts available before the customer must give personal financial information and should make those agreements available in a form which the customer can download, print, and retain in a manner that shows what the agreement was when the consumer entered into it. 19. On-line bill payment services, whether or not associated with on-line banking, should clearly disclose on the screen which is used to schedule the payment the date and time that the payment will be sent and whether the payment will be sent electronically or by ordinary mail. 20. On-line financial services providers should use the power of the electronic environment to facilitate more effective consumer discloser and education. 21. On-line banking services should meet the consumer protection and other statutory requirements and restrictions of the consumer's home state. 22. Disputes arising from on-line banking and bill payment should be resolved promptly, and should be at least as prompt as the voluntary time frame of not more than five business days to re-credit disputed funds which have been developed for debit cards. 23. If an arbitration clause is used, it should permit the consumer to choose whether to agree to arbitration after the dispute arises, and should provide fair, cost-effective procedures for the consumer. 24. On-line bill payment services should not impose an earlier time for stop payments than the time the payment could be stopped if it were made by check. 25. Financial services providers who use electronic mail to communicate with their customers should provide two-way 26. Customers wishing to close their accounts should be able to do so with an instantaneous electronic transfer of funds to another designated account 27. On-line banking contracts contain to provision presuming that a consumer is in receipt of information simply because the bank has sent or posted met information. 6. 9 Types of online banking: The common assumption is that Internet banking is the only method of online banking. However, this is not strictly the case, as several types of services are currently available: PC Banking- The forerunner to Internet banking has been around since the late 1980's and is still widely used today. Individual banks provide software which is loaded on to an SME's office computer. The SME can then access their bank account via a modem and telephone link to the bank. Access is not necessarily via the Internet. Internet Banking- Using a Web browser, a user can access their account, once the bank's application server has validated the user's identity. Digital TV Banking- Using the standard digital reception equipment (set top box and remote control); users can access their bank account. Abbey national and HSBC services are available via digital TV providers. One of its main selling points is that no account details are transmitted via the World Wide Web. Text phone Banking- HSBC has introduced this service to allow customers with text phones to check their balance, pay bills and transfer money. Internet banking can be split into two distinct groups: Traditional banks and building societies use the internet as an add-on service with which to give businesses access to their accounts. 6. 10 Critical evaluation of online banking 6. 10. 1 Advantages of Online Banking For consumers ? The privacy of customers. ? Online services are available for consumers 24 hours daily during the whole week. ? Customers might save time and efforts of doing their finance transactions. ? It will be easy for them to view all information they need clearly and simply. ? Searching of any branch of a bank will be accessibly by online users. For Banks ? One way of attracting more customers is to use their services. Increasing the bank's reputation around the world is well known by many people. ? It doesn't need to employ lots of suffer or bankers to deal with customers directly. ? Banks can deal simply with their branches all over the world with one network. 6. 10. 2 Disadvantages of Online Banking For c onsumers ? Some people feel uncomfortable to provide their passwords or any kind of information about their funds over the internet. ? Some websites might be difficult for consumers for the first time to check their finance. ? It is possible for banks to update their websites, which needs from consumers to type in again their data. ? It is necessary to have knowledge and skills on using the Internet. For Banks Banks may require big amount of money to establish a website with attractive features. ? They may lose their information if the network broke with other branches. ? Hacking and viruses will cause problems for online banking, which could broke and damage the information or 6. 11 Channels of Online Banking There are so many channels of online banking to get the online operation accomplished within a few branches of a bank in banking sector. 1. Wide area network (WAN): 2. WAN by radio link (Communication using Radio Frequency): By introducing Radio Link communication network WAN can be set up between Head office and branch office. It is a point-to-point communication network, which uses radio frequency. Radio frequency of that particular bandwidth should take the approval from Bangladesh Telegraph and Telephone Board (BTTB). WAN through Radio linking provides 11 mbps bandwidth. 3. WAN by V-set (Very small Aperture Terminal): Online communication between two single nodes VSAT can be installed. For this, a fixed amount of fees is to be paid to the satellite company for renting bandwidth each year. 4. WAN by optical fiber backbone line: â€Å"WAN† can be set up by installing a switch consisting 72 Fiber Optic port at the place of Main Server that can make a connection directly with the Commercial Bank's Head Office server by putting the Optic Fiber Line but this is very difficult and expansive. Data can be transferred and received through a continuous speed. It costs near about TK. 90 million that is lower than the VSAT connection. 5. WAN by T&T leased line: These are simple copper wire leased lines provided by T&T. These connections are the most cost effective solution and provide sufficient data transmission speed up to 19. 2 kilobytes (kbps). 6. 12 The major types of business models are: |Brokerage |Advertising | |Infomediary |Merchant | |Manufacturer |Affiliate | |Community |Utility | Each type of those business models has individual way to be used by any business. For example. Brokerage model depends on helping both sellers and buyers with their transitions. Brokers charge for fees of doing transactions depending on the value of business. This model can be business-to-business (B2B) and business-to-consumer (B2C) and consumer-to-business (C2B). Advertising is another kind of business models that operates with web advertising such as creating banners of the business. Infomediary model is used by a business interested in having information about consumers and products. Online banking follows the merchant type as a business model to generate its revenue. They sell services and products such as loans, credit cards and other facilities against gaining charges and interests or commissions. It seems to be similar as traditional banks with its business model of operating their income but with electronic services it could be more simple and faster than traditional methods. This kind of model can be business-to-business (B2B) and business-to-consumer (B2C). This means that online banks can provide and help consumers with loans, paying bills, opening accounts, credit cards and other services. Furthermore, online banking can offer certain services for businesses with the loans that invested in such projects . 13. Current Banking Security System Security is a vital issue for all financial institutions. Banks that provide services to customer must ensure security so those customers are satisfied about bank. In a sense, bank is a business organization so it is also their responsibility to maintain everything securely. Banks also maintain lockers for safekeeping the most important valuable assets of customers. To serve that purpose, bank takes some rent from customer; the same rule exists for safekeeping money, which will be also discussed in this chapter. To ensure the E-banking, there are some security principles that have to be provided by Banks. Because there are many transactions occurring in electronic media, so without securing the banking activities banks cannot run. Security principles are: 01. Authentication Authentication is the process by which two parties involved in a dialogue are given a guarantee that they are indeed interacting with whom they think they are interacting. Authentication might be from both sides- server authentication and client authentication. 02. Confidentiality Confidentiality deals with protecting the contents of message or data transmitted over the Internet from unauthorized people. For example, one wants to protect his/her credit card information when he/she purchases over the Internet. 03. Integrity Data integrity is related to preventing data from being modified by an attacker. For Instance, only the credit card number is protected while the contents of the order (online) are not. Then, the attacker could potentially modify your order while it is being transmitted over the network by adding or deleting contents from the order or even changing the delivery address. 04. Availability It is also important to guarantee that authentic users of an e-banking site expect to get his service when he needs it. Sometimes an attacker might set up a program that continuously attempts to be authenticated by the bank. But the authentication will repeatedly fail. However, attacker would occupy precious resources of the site. These resources become unavailable to the legitimate customers of the bank. 05. Non-repudiation Non-repudiation is an attribute of secure systems that prevents the sender of a message from denying having sent it. This might very costly for e-businesses such as online trading which want to ensure that a customer will not be able to deny having requested to buy or sell securities. 7. 0 Online Banking in Bangladesh Foreign Banks: 7. 1 HSBC in Bangladesh The HSBC Asia Pacific group represents HSBC in Bangladesh. HSBC opened its first branch in Dhaka on 17th December 1996, to provide personal banking services, trade and corporate services, and custody services. Through a lobal network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal, commercial, corporate, investment and private banking; trade services; cash management; treasury and capital markets services; insurance; consumer and busines s finance; pension and investment fund management; trustee services; and securities and custody services. HSBC is fully on line banking & without any hesitation I can say one thing that they are providing best services for the customers rather than the other foreign banks. Hexagon: Hexagon is an electronic Banking system through which HSBC group customers have access to information about their relationship with the group and may transact their business. The HSBC group recognizes that in order to maintain and enhance its position as a global financial service organization, it must continue to provide and promote a sophisticated global electronic banking system to both existing and new group customers. Hexagon may be used by small and medium sized businesses, large corporate, institute high net worth individuals and retail customers. The HSBC group is committed to the success and Hexagon and has allocated significant TSV and business resources to its development, management and marketing. Hexagon is run from three electronic banking computers (EBCs) is Hong Kong (HK), Buffalo (US) and Great Britain (UK), with links to group systems such as HUB and TREATS. The main features of Hexagon The products and services offered by hexagon to customer include: |Current account information |(CA) CA A1 | |Saving account information |(SA) SA A1 | |Loan account information |(LN) LN AI | |Credit care information |(CC) CC A1 | |Funds transfers (PA and TR) |PA/TR Payments | |Transfers Foreign exchange (FX) |FX A1 | |Time deposits (TD) |TD A1 | |Trade services | | |Imports and exports |IM/EX Report writer | |Documentary credits |DC import | The main benefits of Hexagon Hexagon gives customers direct access to there account 24 hours a day, 365 days a year from any where in the world. Benefits for customer include ? Increase in business efficiency ? Flexibility- the system may be tailored to the needs or particular customers; ? Easy to use, training is simple and no sophisticated equipment is required. 7. 2 Standard Chartered Bank Standard Chartered Bank’s online banking service is known as â€Å"I-Banking†. I-Banking offer the convenience of managing and controlling ones banking and finances – whenever he wants to, wherever it’s needed. I-Banking is convenient, simple and secure. I-Banking: Standard Chartered Bank’s I-Banking facility is simple and secure and it’s absolutely free of charge! With I-Banking, one can access any of the basic banking services he requires, 24 hours a day, 7 days a week, 365 days a years. I-Banking offers the following range of online service. Which makes the client’s banking accessible anytime and from anywhere. I-Banking includes the following services. ? Account services ? Fund transfers ? Payments ? Card services. ? Personal update Private Banks: 7. 3 Eastern Bank Ltd. Online Banking: Flex [email  protected] is the Internet banking solution that delivers the Corporate, Consumer and Investment Banking products to bank’s customers over the net. EBL’s Internet Banking module is a secure, robust and extensible web banking solution. It is anchored on a reusable component framework that complies with industry standards. Customers will be able to transfer funds, inquired balance, and request for chequebook, pay utility bills on-line etc. Internet Banking: EBL Internet banking application addresses the needs of small, individual and corporate account holders of the bank. This application provides a comprehensive range of banking services that enable the customer to meet most of their banking requirements over the net. List of Transactions: 1. Account Operations and Inquiries 2. Fund Transfers and Payments 3. Utility Bill payment 4. Deposits 5. Loans 6. Inquires and other services 7. Session Summary Deposits: ? Maintain deposits ? Request for rollover of deposits ? Request for premature closure of deposits Loans: ? Loan application requests ? Initiate part of full payment of loan ? View schedules of loan payments Inquiries and other services: ? Interest Rates inquiry ? Foreign Exchange Rates Inquiry ? Messages & Bulletins ? Internet Banking ? Product information ? Change password EBL with new ICT Infrastructure features: Essentially, EBL was not in a well-connected situation. Data communication was limited to secluded offices in a very limited fashion. EBL now is a different scenario. EBL HO is now connected with the branches all around Bangladesh. Here is a breakdown of what the data communication infrastructure looks like today: ? High Speed DDN and Radio Link connectivity between Branches and the Head Office ? Local Area Network (LAN)- providing data network connectivity at the Head Office and the Branches. ? Metropolitan Are Network (MAN)- connecting the DHK branches with HO, CTG branches with Agrabad and SYL branches with Chouhatta. ? Wide Area Network (WAN)- enabling the data network circle between Head Office and the Branches. ? Solid foundation over data and network security implementation. EBL Banking Benefits: Flex cube banking software automated in all branches of EBL has the adaptability for incorporating the delivery channels like, Internet Banking, Tele-Banking, ATM/POS, Home Banking, Wireless Access Protocol, Call Centre are all superb services which a customer can avail in due course. EBL’s repertoire of hardware is highly sophisticated; as no other banks in Bangladesh have availed this are recent times. The combination of hardware will help consolidate the backbone for the plethora of services provided to the customers by the Bank for the years to come. Moreover, EBL, country wish bade farewell to the lackluster range of hardware, which were in use over the year. ? Anywhere 24 hours ( 7 days banking ? Internet banking, Tele banking and ATM/POS ? One Stop Shop for all you banking need. ? Significantly reduced time in banking transactions Sophisticated customer information at the fingertips and can be provided anytime. ? Online Inter-branch Transfer ? Any Branch pay order Syste m ? Digital Signature/photo image while transacting ? Display Customers Balance, Transactions, and Statements online. ? Automatic Sweep in & out ? Locker Service Availability ? EBL 5 to 9 Extended Service ? Bill payment o Utility Service Bill o Tuition Fees o Mobile Phone Bills ? Versatile Products availability ? Fast Cash ? Fast Loan ? Auto Loan ? Consumer Loans ? High Performance Account ? Savings Insurance Account ? Monthly Income Plan ? Monthly Deposit Plan. Visa Electronic online debit card EBL Introduces the Visa Electron online debit card: Unique Features: 1. With EBL via Electron you can now draw cash from the Q-cash ATM network, 24 hours a day through out the year. No need to carry excess cash in you wallet. Your card is electronically linked to your EBL account. 2. EBL Visa Electron is also accepted at Visa merchants with Electronic P. O. S Visa Symbol, where you can pay for merchandise and services. 3. Acceptance- hassle free acceptance at network of Q-cash ATMs currently 10 and to be expanded up to 50 by July 204 and approximately 100 POS deployed in major cities. 4. Photo card- Displays your photo & signature on front of your card for enhanced security. 7. 4 Prime Bank Ltd. Online Branch Banking (Any Branch Banking) The Bank has set up a Wide Area Network (WAN) across the country to provide online branch banking facility to its valued clients. Under the Scheme, clients of any branch shall be able to do banking transaction at other branches of the bank. Under this system a client will to be able to do following type of transactions: ? Cash withdrawal from his/her account at any branch of the Bank irrespective or location. ? Cash deposit in/he account at any branch of the Bank irrespective of location. ? Cash deposit in other’s account at any branch of the Bank irrespective of location. ? Transfer of money from his/her account with any branch of the Bank. Any amount can be deposited or transferred under Prime Line. In the system, however, at present there is a limit for cash withdrawal through bearer or by account holder himself. Online Branch Banking Service: Is designed to serve its valued clients. Under this system, you shall be able to do the following type of transactions: ? Cash withdrawal from you account at any branch of the Bank. ? Deposit in you account at any Branch of the Bank. ? Transfer of money from you account to any other account with any Branch of the Bank. One Stop Utility Service Scheme Like any other country of the world, the people living in the urban areas of our country lead a very busy life. Time is very valuable to them. Despite this, they are to waste their valuable time at the counter of different Banks and other Institutions for payment of their monthly bills of different utility services like Electricity, Telephone, Water, and Gas etc. They, as such, face enormous difficulties for payment of their monthly bills in time. Such inconveniences of the urban people can be removed by making a management to collect all the bills of various utility services at One Point. Scope of Services: With this end in View, Prime Bank Limited has introduced a scheme entitle â€Å"One Stop Utility Services Scheme†. The scheme is designed to provide all the required services to the customer in making payment of their following bills on their behalf from the counter of the Bank: ? To pay Electricity Bills ? Cash deposit in his/her account at any branch of the Bank irrespective of location. Cash deposit in other’s account at any branch of the Bank irrespective of location. ? Transfer of money from his/her a ccount with any branch of the Bank. ? Any amount can be deposited or transferred under Prime Line. In the system, however, at present there is a limit for cash withdrawal through bearer or by account holder himself. Main features of Master Card Credit: ? Prime bank ensure high level of security by inserting your photograph on the card. ? 20 to 50 day’s credit from the data of transaction. When you receive you monthly statement, you can either choose to pay in full or just minimum due amount shown on the statement. No interest in charged if you pay in full within payment due date. 24 hours a day, 365 days world wide service. ? No joining/administrative fees. ? Waiver of annual fees for International Card: If you accumulate 20,000 Prime Bank Bonus Point for you Gold Card or 10,000 Bonus Point for you Silver Card in a year then you enjoy our Card without fees ($1 purchase: 1 Bonus). ? Waiver of annual fee for Local Card: If you accumulate 10,000 Prime Bank Bonus Point for you Go ld Card or 8,000 Bonus Point for you Silver Card in a year then you enjoy our Card without fees (Tk. 50/- purchase: 1 Bonus Point). ? The Highest Prime Bank Bonus Point holder can enjoy free air ticket Dhaka-Bankok-Dhka. (Business Class) ? Cash advance facilities. 1, 39, 00,000 locations accept Master Card worldwide. Facilities available wide the card: The card can be used for: a. Making payments to Merchants against purchase of all goods and services by the Cardholder from Merchant(s); and b. Availing Cash Advances: i. From any of PBL Branches or any member of Master Card of any Merchant authorized to make Cash Advances; as may be agreed upon by PBL or ii. By the use of the Card on any ATM of PBL or of Master Card. Subject to these terms and conditions and in compliance with such requirements, PBL, any Merchant or Master card may impose limitations and procedures as from time to time. 8. Role of Government This is particularly important for countries like Bangladesh where very little has been done in development these technologies and skills to promote and support online banking. The government can take the following policies to promote online banking in our country: 1. The intergovernmental agreement for harmonizing the rules and regulations that can help in smooth transformation of the world economy and expansion of a unified world market. 2. The regulations should simply foster competition, protect intellectual property and privacy, and prevent fraud to do businesses under whatever terms they agree upon. An international uniform commercial code is needed to simplify and encourage electronic commerce under consistent rules and rights. 3. Govt. an undertake perfect initiatives to construct feasible, platform of information technology within affordable capacity. Financial allocation should be more widen for global standard banking technology. 4. Adequate number of bank employee will ha ve both computer and banking aptitude and cognizance, suitable in the banking perspective to improve the banking sector. 5. â€Å"Tele-communication† sector is pre-conditions to make fastest online banking services. Unfortunately a tale-communication service of govt. is yet to reach to remote and rural area. 6. Frequent inflow of information technology in the shape of broad band internet access, sub-marine optical fiber utility processed, might be patronized by govt. apidly to step ahead in respect to information technology for enhancement of blessing of on line banking. As well, this linkage of internet service will be encouraging for implementation of online banking in Bangladesh. 7. A project of â€Å"software development† should be under process to continue the function of banking software and expertise of banking network. Thus, banks and bankers enjoy creating creditable, demanding and world standard services for the shake of greater interest of nation and economy . 9. Conclusion The main objective of this term paper was to come up with a feasible proposal for implementing nationwide E-banking as well as ensure security. To ensure security we proposed some of the security features that need to be implemented in various levels of the proposed infrastructure like application level security, IP level security, user level authentication as well as employee level authentication as it is very much needed to keep track who is responsible for transferring money from one account to another account. We have analyzed the problems of existing system and shown that our proposed system can overcome most of the existing problems: Currently in our country accessing and transferring fund from remote area is a difficult and time-consuming task. Naturally it now takes 3 to 25 days. The key point is to note that the fund to be transferred is kept idle for the delay period. The proposed framework very clearly shows that it is a huge loss of money when considered collectively. So, it gains a remarkable save both for the customers and banks. Letter of Credit (L/C) is an important service of a bank. It is directly involved in foreign trade. The more efficient and cost-effective the L/C operation is the better opportunity comes for foreign trade affairs which is a prime factor to escalate the national economy. Basically an L/C operation comprises of a number of sequential steps. Information Passing required for an L/C operation is now done by foreign courier services like DHL, FedEx etc. It requires much time compared with the electronic transaction. Moreover, an amount of TK 1000/= (on an average) is spent per L/C. Proposed online transaction system cuts down this charges almost to zero. It contributes a lot when a large number of L/C is considered (i. e. total no. Of L/C of a branch in a year). At the same time due to reduced processing time it increases the no. of L/C transaction. It is very frustrating to note that now few banks deceives the Central Bank by giving a wrong calculation of its total deposit. So, they deposit less money as CCR to the Central Bank. In our proposed infrastructure, the Central Bank is given the supreme mandate for any required information from any bank at any time without delay. It removes the risk of escaping or misleading the deposit of proper CCR amount. As a result Bangladesh Bank would be properly benefited. CIB (Credit Information Bureau) generation is another important factor especially for inland trading loan. Currently the process of CIB report generation is very complicated and time-consuming. Proposed system maintains an integrated database with his past transactions record. So it becomes a matter of few clicks and prints to generate CIB report. Besides faster computation it also assures that the information is authentic and updated. Another important factor for banking services is updating foreign exchange rate. Now each day the Central Bank announces the rates. Each bank gets information on an interval of 30 minutes. It ensures some sort of unexpected loss/profit for both banks and customers. The suggested system maintains a complete connectivity among all banks so the foreign exchange rate is always updated at each bank. 10. Recommendations As this research-based study on the â€Å"Online banking† lets me a provision to come to the closest contract of the original plot of this banking system. There are some recommendations to improvise the On-line banking in our country. 1) Autonomous Banking culture, reducing dependence on manual service, should be in abundance irrespective of govt. and non-Govt. rganization in association with ‘SWIFT’ to bring about the whole banking service for massive well being of people. 2) The report of taskforce with the title of â€Å"Banking sector reform† committee with 21 major clauses on score of extinction of horrendous and problem some context that usurps our banking sector, has elaborately expressed the imminent enactment of suggestions of taskforce for the be