INTRODUCTION Oriental Bank of Commerce (OBC) was started in Lahore‚ Pakistan in 19th February of the year 1943. It made a modest beginning under its Founding Father‚ Late Rai Bahadur Lala Sohan Lal. OBC is a public sector bank engaging in monetary intermediation of commercial banks‚ saving banks and discount houses. In 1947‚ the Bank had to face the holocaust of partition. The bank was nationalized on 15 April 1980. It has its headquarters in Gurgaon‚ Haryana‚ India. Its revenue stands to be Rs
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MY BROTHER OR MY ENEMY? I remember when Chris-my older brother by a year and a half- got a scholarship to study at Massachusetts Institute of Technology‚ we were all happy. Mother rolled on the floor for two minutes as She praised God. Father‚ a much more reserved man smiled and said nothing‚ I did not know what to do‚ so I just stared at Chris in admiration and in a brand new light. My brother was going to America to study Robotic Engineering‚ and I was proud of him. I remember
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Ricardian Trade Theory By Kiminori Matsuyama1 Abstract: Ricardian Trade Theory takes cross-country technology differences as the basis of trade. By abstracting from the roles of factor endowment and factor intensity differences‚ which are the primary concerns of Factor Proportions Theory‚ Ricardian Trade Theory offers a simple and yet powerful framework within which to examine the effects of country sizes‚ of technology changes and transfers‚ and of income distributions. Moreover‚ its simple
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E-COMMERCE ASSIGNMENT 1 Question 1: How do social network make money? Social networks attract plenty of visitors but have had a tougher time attracting advertisers who may be wary of associating their brands with inappropriate content….New technologies are being developed to help make social networks more attractive to advertisers. A social network is a way of connecting people and/or organizations and businesses together for mutual benefits. This network is comprised of ties and nodes
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The United States has had a trade embargo on Cuba for almost 50 years now. The original idea of it was to suffocate the communist nation into submission. The country would run out of money and resources. Now‚ 50 years later‚ is the embargo outdated? The Cold War is over and the policies and politics of the world have changed. Should the United States lift their trade embargo? If trade restrictions were lifted‚ Cuba could be a large importer of United States goods and services. Rengal et al. (2009)
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ensure to implement security on its network systems. Businesses need to be able to show that they can keep customer information safe and secure‚ this will reassure potential customers and widen your market potential. Prevention of hacking- E-commerce sites need to be able to prevent hacking so as to keep both business and customer data secure. If customer data is stolen from a business’s database then it is possible for the thieves to steal those customers’ identity‚ this is known as identity
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THE ELECTRONIC COMMERCE ACT (R.A. 8792) AN OVERVIEW IMPACT ON OF IT’S (INFORMATION TECHNOLOGY) THE PHILIPPINE LEGAL SYSTEM JOAN M. PADILLA* I. INTRODUCTION In this age of computers and IT (information technology)‚ the medium of the internet and other electronic means of interchange are used worldwide for various undertakings – both commercial and noncommercial. This rapid development of information and communication technologies and the growing number of transactions accomplished
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the Adam Smith Institute (2008) about how ‘The Fair-trade movement achieves virtually nothing in terms of reducing world poverty’. Fair trade is a standard that is set to support the developing countries exports‚ it is to improve the workers in a developing country’s working conditions‚ fair payments which help them towards development and planning of their future that may help poverty. It also helps them to sell products to developing countries. Fair trade products come mostly in products such
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An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as financial electronic data interchange (FEDI)‚ e-commerce payment systems have become increasingly popular due to the widespread use of the internet based shopping and banking. A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses‚ online retailers‚ bricks and clicks‚ or traditional brick and mortar. It is the equivalent
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consumer’s demand which Soft Touch Flowers has experienced for the past year in its e-commerce business. To overcome this difficult time‚ especially in current economic crisis‚ recommendation to Soft Touch Flowers will also be discussed. Soft Touch Flowers - A New Way to Success The high growth rate versus the tough competition of floral markets in Orange County leads to problem statement which is “How can Soft Touch Flowers successfully plan a marketing strategy for its own business?”
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