Lesson 1 (3.0 points) 1. What is credit? (0.5 points) the ability of a customer to obtain goods or services before payment‚ based on the trust that payment will be made in the future. 2. What is a credit score? (0.5 points) is a three digit number calculated from your data-rich credit report and is one factor used by lenders to determine your creditworthiness for a mortgage‚ loan or credit card 3. What is installment credit? (0.5 points) is a type of credit that has a fixed number of payments
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This is more of a subjective system of appraisal which depends on judgmental feedback of the supervisor. Generally a description is given about the employee in an adhoc manner. Straight ranking method In straight ranking system the supervisor is asked to rate his/her subordinates from best to worst based on a set criteria. This system is also subjective and based on judgment. Paired comparison method Using paired comparison system an employee is evaluated in comparison to other employees
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tighter credit and consumers become more careful in spending money; more people prefer to pay with debit cards nowadays. According to the Nilson Report‚ Americans made 28.4 and 21 billion purchases respectively using debit and credit card in 2008. In 2009‚ the total credit card purchase transactions went down 4 percent; it was recorded as $20.2 billion. However‚ the total debit and prepaid card transactions in U.S. was $36.2 billion‚ an increase of 8 percent. (http://www.creditcards.com/credit-card
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Case Study : How much do credit card companies know about you? 1. What competitive strategy are the credit card companies pursuing? How do information systems support that strategy? The competitive strategy that the credit card companies are pursuing is product differentiation and customer and supplier intimacy. Product differentiation – we make use of IS in order to create new product and services at the lower cost. According to the case‚ the credit card companies are making use of the data to
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Performance Appraisal System (PAS) Ramapo College of New Jersey Managerial & AFT Professional Staff INSTRUCTIONS 1. Review performance for the entire review period: do not base your judgment on recent events or isolated incidents. Maintain records of significant performance events which MUST be shared with the employee as they occur. 2. Appraise performance and not personality. Comments should relate only to the person’s ability to do the assigned work. 3. Avoid the tendency to overrate
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PROJECT REPORT ON: PERFORMANCE APPRAISAL SUBJECT: HUMAN RESOURCE MANAGEMENT SUBMITTED TO: DATE OF SUBMISSION: 9TH SEPTEMBER 2011 GROUP MEMBERS NAME | ROLL NO. | | | | | | | | | | | | | ACKNOWLEDGEMENT We owe a great many thanks to a great many people who helped and supported us in completion of this project. Our deepest thanks to………………..‚ our project guide‚ for guiding and providing us with valuable ideas and encouraging us to make this project and
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Franking Credit: A type of tax credit found in countries such as Australia that allows domestic companies to pass through taxes that have already been paid on corporate profits. The investor receiving stock dividends will also receive a quantity of franking credits in proportion to the overall tax rate of the company per dollar in profits. When filing personal income taxes‚ the investor will record as income both the amount of the dividend and the amount of the franking credit; however‚ the
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Michael was born on February 23‚ 1965‚ in Houston‚ Texas. When he was 12 years old‚ he issued his first product catalog called “Dell’s Stamps‚” which he advertised in a local trade journal. By going directly to the ultimate user‚ he learned his first lesson about developing a direct relationship with the customer. Michael was interested in technology from an early age. (Krames‚ J. 2003‚ p. 58) When he was 15‚ he bought a computer to take it apart just to see how it worked. During his high school
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The European Union (EU) is a family of democratic European countries‚ committed to working together for peace and prosperity. It is not a state intended to replace existing states‚ but it is more than any other international organization. The EU is‚ in fact‚ unique. Its member states have set up common institutions to which they delegate some of their sovereignty so that decisions on specific matters of joint interest can be made democratically at European level. This pooling of sovereignty is also
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PUBLIC SPEAKING Topic: The using credit card General purpose: To Persuade. Specific purpose: To persuade my audience about the using credit card Central idea : To persuade my audience about the benefits The benefits of using credit card Introduction: American Express‚ MasterCard and Visa Card are the more popular credit cards in Malaysia. With a credit card in hand‚ you can make purchases today and pay later‚ Body: 1) It makes shopping easy -
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