CIRCLE OF BUSINESS

Electronic Payment System

1.0 Introduction

Electronic payment system is the means of paying for goods and services without checks or cash, it is also called an online payment system. The electronic payment system has grown dramatically over the last few decades thanks to the use of the Internet and the general shopping experience. As a leading global technology developer, electronic payments and payment instruments have been set up to improve and protect ABB’s payment transactions while reducing the percentage of checks and balances of cash. This essay will be focused on the advantages and disadvantages of E-payments along with the effects of E-payment on environment and business.

2.0 Effects of Electronic payment system (E-Payment) on the environment and business

2.1. The effect on

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Food Security of the Country

Introduction

Food security of the country is based on availability and access to food whereas food availability relates to the supply of food through production of foods, distribution of foods, and exchange of foods. With the population explosion and the weather vulnerability, food security has become one of the most important issues facing the world. Lack of food makes the development of civilization, civilization, and social stability weak. This article begins with issues related to food waste and product imbalance, and then decides and evaluates specific solutions.

1 Food waste

Food waste is a common phenomenon, based on food waste; 30%-40% contributes to household waste, both in developing and developed countries. Most of the waste in developing countries is …

Agency Problem and Corporate Governance Solution

Question (Agency Problem and Corporate Governance Solution)

The principal-agent problem (which exists between shareholders and managers) is one of the central problems in corporate governance. Explain this problem and critically discuss how corporate governance mechanisms can help to mitigate agency problems in publicly listed companies. So, the Agency Problem and Corporate Governance Solution is given below.

Introduction

The topic is about Agency problem as well as principal-agent problem between shareholders and managers in an organization and the role of corporate governance mechanism to reduce this agency problem. The background of the study is that Agency problems between shareholders and managers is a matter of conflict of interest where each party have different motive or interest. Here, Shareholders prefer to increase …

Adapting to new technology including Ecommerce and Social Media platforms

Introduction

As new advancements emerge regularly, technology is constantly changing and adapting to new technology including Ecommerce and Social Media platforms is significant. Technological goods evolve, as do how they are employed. To continue in the company, one must keep up with technological advances significant to the industry (Hasgall & Ahituv, 2018). Adapting new technology provides a competitive edge to corporate management. This is relevant not just on an organizational and individual level but also on their entire organization. An administrator who can successfully understand and apply the newest technological advancements has an advantage over other managers (Lew, Kim, et al., 2019). Technological innovation may have a significant impact on the company. Even the methods people do new technologies will …

Identify and explain the importance of key ‘Humans Resource’ policies

Identify at least two HR policies and comment on their importance to the modern workplace (for example Health & Safety policies and equality and Diversity policies) – Identify and explain the importance of key ‘Humans Resource’ policies

Health and Safety policy

To Identify and explain the importance of key ‘Humans Resource’ policies, A micro business owner has different duties and requirements to reconcile. One of the legally binding tasks is the management of health and security arrangements. Health and safety policies must not be complex but constantly prioritized (Tombs and Whyte, 2012), given that there might be significant costs for violating safety and health. The legislation states that each company must have a health and safety management policy. …

Relationship Marketing Strategy

Introduction

Marketing is an action assisting a company to pinpoint the aspirations, preferences, the needs towards their products’ offering and the company. Relationship marketing strategy refers to building a sustainable relationship with the valued clients in the market for the longer period of time. They involve themselves to collect information and data regarding the customers through surveys, interview, or any other means to satisfy the customers’ need and deliver the most suitable products to satisfy their customers need. However, marketing managers require formulate different tactics to gather the data regarding the prospective markets and make strategies and plans to address those issues and demand as soon as possible and satisfy their customers delivering their needs and demand. Under this competitive …