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Software Requirements Specification

1. Introduction 1.1 Purpose Online Shopping Software main purpose is to provide customers with the possibility to perform online purchases on products already on store. Customers are identified properly and are able to perform online transactions using three kind of methods: either using credit card or banking documents, but also through PayPal account. Online Customers are divided on two categories upon user account types: basic and business. Basic accounts beside other attributes contain a specific one named Fidelity which deals with the number of years the user has been joining the online shop. On the other hand is business plan which is characterized uniquely by the Volume attribute that is the total amount of transactions performed within the online shop….

The design of a system

There are a number of modeling tools and techniques that can be used to understand the design of a system. During this process, these tools and techniques can help to describe the business processes, requirements, and the users interaction with the system. One type of modeling is the functional decomposition diagram (FDD). It is similar to an organizational chart in that it uses a top-down model to describe the process. The FDD is a good way of breaking the process down from the higher-level to the lower-level processes. Another kind of modeling technique is the business process model. Business process models are good for describing business processes like filling a product order or updating a customer account. Utilizing BPM can…

Any Kind Checks and HDC Status

Several factors come into play when considering the fairness of the court’s ruling in this case. We have to look at whether Any Kind Checks Cashed acted reasonably in accepting a negotiable item from the payee. We also have to consider why the payee used the services of a check-cashing establishment in the course of conducting his business. Also, it is important to review the provisions that should be met when an entity tries to assert a protection as a holder in due course. Was Any Kind Checks an HDC in this case? This depends on what responsibility they had in accepting the negotiable instrument from Mr. Guarino. Did they exercise due care in accepting the item? These questions and…

Information and computer technology on banking

For over a decade, the rapid advancement in information and communication technology has significantly affected the banking industry. The banking sector has embraced the use of technology to serve its client’s faster and also to do more with less. Emerging technologies have changed the banking industry from paper and branch based banks to “digitized and networked banking services”. Unlike before, broadband internet is cheap and it makes the transfer of data easy and first. Technology has changed the accounting and management system of all banks. And it is now changing the way how banks are delivering services to their customers. However this technology comes at a cost, implementing all this technology has been expensive but the rewards are limitless. The…

South West Cross Bank

Towards the end of the 1990s, much of the European retail banking industry was facing unprecedented levels of competition. This was partly the result of excess capacity (many towns had four or more bank branches within 100 metres of each other) and partly triggered by the presence of aggressive new entrants, including insurance companies and other retailers, such as supermarkets. Many of the new retail banks concentrated on a few simple financial products such as current accounts, deposit accounts and mortgages, in contrast with most conventional banks (like South West Cross Bank) that offered hundreds or even thousands of different products. At the same time, new delivery systems such as telephone and Internet banking were being introduced. South West Cross…

Alpen Bank: Launching Credit Card in Romania

As per the Case ‘Alpen Bank: Launching Credit Card in Romania”, the following explains strategy on Segment, Target, and Position. This Analysis also has attached Excel sheet with numbers to support this strategy. Alpen Bank has been very successful in Romania building a profitable business for the wealthy – over 200,000 customers in a country with 7.7 million households. As per Exhibit 5 and Table A, there are 27% affluent residents (over 2 million), 18% middle class residents, and 53% others. The Market segments for this product launch would be based on Income level of Customers: Affluent customers, More Affluent customers, middle class, and others. As per an independent customers study, Romanian upper middle and affluent class customers are likely…

Computers – A Boon or Curse

In my opinion computer is a boon to the mankind. Dear friends can you imagine the world without computers. It would be like the life a 100 years back. Would you accept that life? Today we enjoy such a comfortable life, don’t we owe this to computers. Look at the way the computers have a role to play in our life. Today when we get up in the morning and want to read the newspaper, internet permits us to read the latest news of any newspaper in the world. Before going to office we can check the mails and also reply them instantly. There is no need for physical mail, paperwork and delays. In the office computers help us to…

Role of Technology in Banking Sector

The Banking Industry is witnessing a revolution in products, process, market and regulations. And it’s a revolution that is not about to stop or even slow down. Since the only option is to adapt and evolve, it is essential that system have the flexibility to quickly adjust the need of today’s financial market. It’s a tough challenge, because today’s fast moving market place is also extremely competitive. More over the need to retain the existing customers and attract new ones often conflicts with the need to reduce the cost and improve the efficiency. But what ever the challenges facing in retail banking operations the technology which help the Bank through online banking system to meet the over come of them….

Plastic money

Primary objectives:- •To know the perception of people towards plastic money. Secondary objectives:- •To know the importance of plastic money in the daily life of consumers’ W.R.T credit and debit cards. •To study the benefits of debit card and credit cards. •To find out the market leader among the various banks/companies issuing credit and debit cards •To know the problems faced by respondents using plastic money. •To study the satisfaction level of consumers towards plastic money. Need of the study:- It is rightly said the plastic money is need of hour. People are using these cards on a vast scale. But after considering the review of literature it is seen the whole payment process of processing these cards is not…

Cemetery billing and mapping system

1.0 INTRODUCTION Technology has grown over the years and has made the life of mankind much easier. Technology is all around us and shows no sign of disappearing. It helps enhance the quality of life and business by doing many of our everyday tasks, which leaves more time to spend on more demanding and tedious matters. Computers are a great aid for businesses in terms of making a system from different aspects faster, proficient, and reliable. Computerized systems can generate reports and records in a fraction of the time compared to manual methods. Today, many of the world’s successful companies use computers for record keeping and report generations. Only a few have yet to adapt to the idea of computerized…

Case study 2-2

Case Project 2-2 I would determine whether an investigation is required for this type of situation. I would make am initial assessment about the case that I will be investigating. Meanwhile, determining the type a design of approach for this particular case. I would then estimate the time of each step, when the check was issued and as the amount. I would ask Jonathan to interview the other individual who has access to the company’s accounting program. I would review the company computer as well as the accounting program and see if there are any significant documents; which would including the company checkbook and ledger, as well as contact the bank for the most current bank statement. Any type of…

Attachment Report: Kenya Seed Company Limited

As per the requirement of the Bachelor in commerce and economics course structure, I was obliged to undertake an industrial attachment at an organization of my choice for a period of eight weeks. This exercise was meant to enable me glamatise with work environment, exercise skills and knowledge acquired in university and gain more competence in my area of specialization. The application process begun as early as third year 2nd semester and I must say it was not an easy task because I can’t count the number of application I made through both letters and e-mail True to say, opportunities as it has been penned down knocks ones at every mans door or a woman’s door if I am allowed…

Accounting Roles in the Company and Importance of Accounting

Accounting is an information and the measurement that system identifies, records and communicates information about an organization business activities. In business we used accounting in all the aspects. The most common contact through accounting is through credit approvals, checking accounts, and payrolls. In a layman term accounting is a language of business because all the organization set up an accounting information in order to communicate information to help people to take decision.. There are 2 kinds of decision makers: 1) External Users and Internal Users External users: They are not directly involved in running the business. So, they will have a very limited access to an organization details. Still their business decisions depend on the information that is reliable, comparable…

Case Study for Shearson Lehman Brothers vs. Wasatch Bank

Shearson Lehman Brothers, Inc. vs. Wasatch Bank In March 1987, Erb personally accepted from Matthews a check drawn by Utah Softcopy and payable to the order of “APB Investments.” The amount of the check was $460,150.23. At that time, there was no ABP Investment account opened at Shearson, although the Wordperfect principals maintained accounts elsewhere in that name. Notwithstanding the absence of an account in the name of the payee, Erb accepted the check for deposit at Shearson. Matthews suggested that a substitute check be correctly drawn and submitted for deposit from Shearson. Erb responded by assuring Matthews that he would personally guarantee that the check was credited to the appropriate account. However, rather than depositing the check into on…

Credit Cards vs Cash

Credit Card versus Cash Credit Card is an easier way to use the money instead of seeing how it disappears from the wallet. People can have a better control of the money not only having it in their wallets but also having it in a bank account. Because credit card holders can see the movement of the money for each purchase. Most people tend to use cash when they do not use a lot of money in their wallets, but credit card holders who have a lot of money usually have a credit card. Even though credit cards and cash have almost the same role, there are noticeable similarities and differences among them. Both cash and credit cards are used…