Retail banking

Inflation and its impact in India What is Inflation Imagine we had Rs.7 in 2003. One could have purchased a 300 ml Pepsi and gone home happy (excluding the Rs. 2 that shopkeepers charge for refrigerating it). Fast forward 12 years and on would have to shell out Rs.15 to purchase the same 300ml Pepsi bottle. What happened? One would think Indra Nooyi has fleeced us, but in reality, the value of money has reduced. This is attributable to inflation. Inflation is defined as a sustained increase…

For most countries in the developing world, gold is incredibly liquid and a widely accepted form of exchange. Furthermore, gold jewelry is used as savings in rural areas where access to a reliable banking system is nonexistent. Additionally, gold offers protections against a weak currency or high inflation levels, both apparent problems in the developing world. For these reasons, India is one of the predominant buyers of gold Jewelry, but is closely…

NTUC is one of the largest insurers in Singapore, it operates in a highly competitive market. Founded in 1970 as a co-operative to ensure low paid workers have insurance, which fits well in Singapore’s culture of social welfare where people are required to save to take care of their needs themselves, which is an alternative to the European style welfare state. (Goodman, 2015) Types of Information systems NTUC used decade’s old business processes and IT systems, with a manual paper based process…

Fig. 1.1 Time line of lean six sigma 1.2 Literature Review: A lot of existing literature review articles are accessible on the standalone ways of lean methodology and Six Sigma methodology, however accessibility in the coordinated structure is in rare supply. Still a few endeavors have been made by the researchers in the past to arrange and recreate the current situation of LSS. Assarlind et al.[8]studied about the literature analysis of multi faceted view on LSS application. . They also…

Annotated Bibliography: Blue Collar Crime Maressa Hawkins South Carolina State University Annotated Bibliography Blue Collar Crime Brooks, G., Button, M., & Gee, J. (2012). The scale of health-care fraud: A global evaluation. Security Journal, 25(1), 76-87. This article points out the seriousness of health care fraud by providing the findings from a survey of fraud and error loss measurement in the health care areas of six different countries. Health care fraud is a blue collar…

Synopsis Penalty rates as a fundamental part of the safety net for employees have recently been a huge subject of debates since the Productivity Commission called for Sunday rates to be brought into line with Saturday rates. That recommendation has a few positive aspects in term of promoting business growth and economic advancement, but it also has negative sides that potentially impair the benefits of the workers. This report therefore suggests the alternatives where the reforms of the cash…

Question 1 The industry in which sponges, pads and other cleaning equipment are labeled under is Cleaning and Maintenance Supplies. This industry is relatively volatile with limited growth and industry operation, yet the market for sponges specifically has the highest profit potential and technological advancements within the industry. Rivalry- Competition is low in this industry, since a single company, 3M has monopolized the cleaning sponges’ market with a market share of 74%, and the second…

Abstract Long Ago, as a means to running errands and go on carrying normal activities, people started getting involved in commerce. It started in Amman when the Circassions and Chenchens first settled in the valley and later immigrants form Bilad Al Sham. More and more merchant shops appeared, therefore forming the market. These shops, later on, developed in one direction into sophisticated ‘arcades’ and in others into today’s street markets. i.e: Share' Al Wakalat. Due to weather conditions,…

I. Different ends of Japan’s postwar era The death of emperor Hirohito in 1989 is often considered as the end of Japan’s postwar era. Because the emperor is the symbol of the nation during wartime and the immediate postwar period. His death marked the fading of the elder generation. Moreover, other facts in the late 1980s and early 1990s could also be counted as the end of postwar. The shrinking support of the LDP since the early 1970s finally led to its lost of majority in HOC election in…

Most business DBMSs offer a method to dealing with privileges that makes use of SQL referred as Discretionary Access Control (DAC). The SQL supports DAC by GRANT and REVOKE commands. The GRANT command gives privileges to users, and the REVOKE command takes away privileges. Discretionary access control, though effective, has some weaknesses. Especially, an unauthorized user can trick an authorized user into disclosing sensitive information. As an example, an unauthorized user along with an…