Why Business Law Is Contracts - 2328 Words

There are a broad range of categories and topics when it comes to the laws of business. One of the main topics that we encounter when studying business law is contracts. According to our text, â€Å"A contract is a legally enforceable agreement between two or more people.† (Rogers, 2012). As adults contract laws are something we should engage in learning about because it is likely we will enter into one at some point in our adult lives. Business law will also help us identify the several different types of contracts and the steps that both parties must follow before any contract can be legal. There are many different types of contracts an individual can consider. These include expressed, implied, bilateral, unilateral, simple, formal and quasi contracts. According to Rogers, 2012 express contracts are â€Å"formed by the express language of the parties—the actual words they use in their agreement—and can be either written or oral.† Express contracts do not have to be in writing and contain the offer, acceptance and consideration elements of a contract. These contracts are normally compared to implied contracts. Rogers, 2012 states that implied contacts are â€Å"formed not by the express words of the parties, but rather by their actions.† With these contracts the agreement is implied by actions. There are no expressed words within an implied contract and can be either implied in fact or in law. If the contract results in inequity or harm it will not be implied. If there isShow MoreRelatedWhy Law Has A Bigger Impact On Business Than Contract Law1826 Words   |  8 PagesFew areas of law have a bigger impact on business than contract law. When people conduct commerce of any kind they generally want to have legal protection to ensure that the other party will deliver, that’s where contracts come in. First we will discuss the elements of a contract, and why contracts are important in business. Then, court cases will be examined to display the importance of the elements of a contract. Finally we will discuss why the layman has a general fear of contracts, and some remediesRead M oreEssay on Why Are Quasi-Contracts Needed?638 Words   |  3 PagesBAM 521 –Business Law Unit Two – Question # 3 3/16/2012 Question #3: Why are quasi-contracts needed? Why is it not better to just say that unless parties express or impliedly make a contract, there is no deal? The term quasi-contract is a more accurate designation of contracts implied in law. Implied contracts are as binding as express contracts. An implied contract depends on substance for its existence. Therefore, for an implied contract to arise, there must be some act or conduct of aRead MoreBus 311 Business Law Entire Course Material1611 Words   |  7 PagesBUS 311 Business Law Entire Course Material Follow the link below to purchase http://www.homeworkarena.com/bus-311-business-law-entire-course-material    Visit Website: http://www.homeworkarena.com/ Please contact us for more Tutorial amp; Help (climaxbegin@gmail.com) BUS 311 Week 1 DQ 1 Applying the Law to a Set of Facts    Applying the Law to a Set of Facts.  Read the Hypothetical Case Problem #1 at the end of Chapter 1 and respond to these questions 1. If Javier sued Energy-AutoRead MoreBusiness Entities Essay1297 Words   |  6 Pagesï » ¿ Business Entities Jessica Perez BUS 311 Business Law Instructor: Janet Fiorentino 12/1/2014 As the manager of Acme Fireworks, I need to gather information to help the owner determine whether or not he should continue to be a sole proprietorship or if he should switch to another business entity. I will help him do so by explaining each entity and how they relate to his business situation. I am the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground displayRead MoreBusiness Ethics and the Role of the Corporation Essay983 Words   |  4 PagesBusiness Ethics and the Role of the Corporation The problem to be investigated is the ethical role that the corporation has when balancing internal strategies with external responsibilities. Dr. Novak explains various responsibilities a business has in his article â€Å"Business Ethics and the Role of the Corporation†. This paper will first discuss why Dr. Novak has two sets of responsibilities in his article on business ethics. Next it will explain what Dr. Novak says about the rule of law andRead MoreAn Introduction With A Thesis Statement1064 Words   |  5 PagesAssignment D. Josh Rhoderick BUS311: Business Law I Instructor: Daniel Malvin Nov 30th , 2015 Final Paper Proposal: Develop an introduction with a thesis statement for the Final Paper: I have been tasked with figuring out if contracts with several large businesses will be governed by common law or the Uniform Commercial Code. Analyze with the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract. The business is growing, we want to exceed ourRead MoreP4 P5 Contractual terms in a standard form contract 20141355 Words   |  6 PagesContractual terms in a standard form contract and the impact of statutes on these terms P4: Describe the meaning of terms. P5:Explain the effect of terms. Task Using the Vodafone contract prepare a briefing sheet describing how statutes affect contractual terms. ï  ½ You should include the following: ï  ½ A description of express terms ï  ½ A description of implied terms ï  ½ Identify and describe the statutes and regulations affecting contractual terms ï  ½ ï  ½ (Remember to illustrate your answer with examplesRead MoreRisk Lawsuits, A Poor Reputation, And Could Face Criminal And / Or Civil Penalties1139 Words   |  5 Pagescompany should be informed of the business laws that pertain to them and have the knowledge of how they can affect them. The owner of the business should not be the only one that is familiar with the laws and the depth of them. The employees should have the knowledge of the laws because they can protect and affect them in many different ways. Business owners should protect themselves and their company by being conscious of the laws and abiding by them as well. Contracts are one of the most importantRead MoreElectronic Codes And Its Effect On A Small Business Entity1659 Words   |  7 Pagesnew employees. ACME Fireworks should expand to a larger business entity because expanding to a larger business entity will allow the company to negotiate larger contracts with other companies, and the company will never reach its full potential until it has expanded to a larger business entity. In the paragraphs that follow I will address the issues such as evaluation of the contracts and decide if they will be governed under the common law rules or the Uniform Commercial Codes (UCC). The paper willRead MoreThe Case Against Martin Motors Inc.1584 Words   |  7 Pagescan be used to determine why the David Smith will be successful in the lawsuit against Martin Motors Inc. To begin, In order for a contract to be valid, it must meet the following elements of a contract: Mutual assent, consideration, legal purpose and capacity. First the definition â€Å"Mutual Accent† according to Smith and Roberson’s business law 16th edition (pg 174) â€Å"The parties to a contract must manifest by words or conduct that they have agreed to enter into a contract. The usual method of showing

Apple Inc Marketing Plan - 9306 Words

Apple is involved in the design, development and marketing of personal computers (PC) and related software, peripherals, network solutions, portable digital music players, and associated accessories. The company’s portfolio of offerings comprises Mac computing systems, iPods, iPhones, and servers .The company’s software applications include Mac OS,iLife , iWork, and internet applications like Safari and QuickTime, among others. The company mainly operates in the US. It is head quartered in Cupertino, California and employs 32,000 employees. The blue colour in the below figure depicting the iPhone presence around the world. Figure: 1.1 [pic] Source:†¦show more content†¦In case of a weak |$7.96 billion. | |economy the sales is expected to come down. |Results for the period that ended on Mar. 28 were bolstered by | | |sales of the iPhone, especially overseas, and a | | |better-than-forecast margin performance. Strength in Apples | | |handset and music player businesses offset declines in sales of | | |Macintosh computers. | | |Sales was also affected by the disposable income of the consumers.| | |Like in U.S where disposable income is high consumers never | | |reluctant to pay 800 USD to buy a iPhone but in places like India | | |where disposable income is low were reluctant to pay 750 USD , so | | |sales were not so great in India. |Show MoreRelatedApple Inc. Marketing Plan1502 Words   |  7 Pages Apple Inc. Marketing Plan Executive Summary Apple Inc., which was formally known as Apple Computer Inc., is a multinational corporation that designs, develops and sells a wide variety of consumer electronics, personal computers, and computer software. It is located in United States of America California and has its headquarters in Cupertino, California. Among its adequately known hardware, products in the market industry are; iPhone Smartphone, iPad tablet computer, and iPod music player among manyRead MoreMarketing Plan of Apple Inc2585 Words   |  10 PagesMarketing Plan Executive Summary This paper comprehensively describes the marketing plan of a charismatic organization Apple Inc. The main focus of the paper is to describe the most important marketing strategies which Apple has espoused from the date of its emergence and different challenges which it has faced from time to time. The paper begins with an introduction to the organization. Apple Inc. is an American MNC; engaged in the business of developing and marketing of IT products. Apple hasRead MoreMarketing Plan for Apple Inc996 Words   |  4 PagesMarketing Plan for Apple Inc Introduction Apple Inc. designs, manufactures, and sells personal computers, computer accessories and computer related software. The company also offers peripherals, networking solutions and other related services. Additionally, Apple computers designs, builds, and markets a wide array of portable digital music players, telecommunication devices alongside related accessories and services (Cameron Quinn 2011, p 288). Apple Inc owes its recent successRead MoreMarketing Plan For Apple Inc1619 Words   |  7 PagesExecutive Summary This marketing plan focuses on the iPhone 7, produced by Apple, Inc, #3. Apple, Inc was founded in 1976 by innovators Steve Jobs, Steve Wozniack, and Ronald Wayne. It was originally named Apple Computer, Inc as the original intent was to make personal computers. The current name, Apple Inc was incorporated in 2007 as the company moved more toward personal electronics. The current CEO is Tim Cook. Mr. Cook took over Apple, Inc. after Steve Jobs passed away. According to Apple’sRead MoreMarketing Plan For Apple Inc.2507 Words   |  11 PagesStudents’ average monthly expenditure on their essentials is 65% of their monthly income (Mintel, 2014). In these few years, there has been a rise of national companies giving student discounts and offers for their products or services. For example, Apple Inc. offers student discounts for their gadgets. Student Beans Ltd. is a website that features discount codes and special offers from United Kingdom’s top companies. In addition, it is only available for students. In 2005, James and Mike Eder in BirminghamRead MoreMarketing Plan For Apple Inc. Essay2126 Words   |  9 PagesIntroduction Founded in 1976, Apple Inc. has been largely successful and has experienced incredible expansion in its history. Starting with the production of the PC in the 70s, Apple became the most valuable company in the world in 2012. Apple Inc. went through extensive renovation, after the company introduced IPod with its ITunes Store that served like a digital marketplace and offered consumers access to musical collections at reasonable prices. In addition, Apple introduced IPhone with its AppRead Morenone Essay1361 Words   |  6 Pagesï » ¿Marketing Mix Marketing mix is when the right product is put in the right place, at the right time, and at the right price. When an organization or company creates a product that attracts individuals and put it on sale or offer it to individuals it should may be place at a price in which it matches the value of the product and is worth what the consumers or individuals get out of it. The 4 Ps of marketing and the marketing mix are sometimes used as synonyms for one another because they are closeRead MoreContingency Plan1552 Words   |  7 PagesControls, and Contingency Plan Tonya Starks STR/581 December 8, 2014 Instructor: Braford James Abstract Apple Inc. is a global innovator of the MacBook, tablets, iPhones, iPods, and other innovative products. Apple is the leader in the electronic market sector for innovative product growth and development. The implementation plan will explain the strategic controls and contingency plan for the organization along with an implementation process. This will allow Apple to assess risks and financialRead MoreApple Inc. and Product (Red) Marketing Partnership Report Essay1181 Words   |  5 PagesMarketing Report - The Marketing Mix Introduction Apple Inc. is an American global organisation that designs and sells consumer electronics, computer software and personal computers. Examples of Apple Inc.s products include the iMac, iPod, the OS X operating system, and the iTunes media browser. (RED) is an AIDS charity whos aim is to raise awareness and funding to help eliminate AIDS in Africa. To help achieve their aim Product (RED) was introduced, which is a brand licensed to partner companiesRe ad MoreApple Inc. Implementation Plan1615 Words   |  6 PagesApple Inc. is a leading worldwide retailer of computers, tablets, cell telephones, and other entertainment items. Apple needs new development techniques, product development and a leader in the mobile market. The implementation plan below will show the group of action best suited for the corporation along with the implementation process, assessed risks and financial projections used as the basis for moving the business before. Implementation Plan Apple Inc. is in a transition period, after

Consumer Adoption of Mobile Payments †Free Samples to Students

Question: Discuss about the Consumer Adoption of Mobile Payments. Answer: Introduction: Cashless payment through mobile does not mean a complete ending of physical mode of payment. However, it rather means a reduction in the physical mode of payment. Singapore is a highly active country when it comes to technology and innovation; however, it has somehow not shown the thirst which was required for considering the adoption of mobile payment[1]. On the other hand, China is a leading country in terms of using the cashless payment[2]. Interestingly, other developing nations such as Nigeria have shown their interest in the cashless payment[3]. The main purpose of this assignment is to analyze the opportunities and the challenges, which are there in the cashless payment system. The literature review tries to show the prospect of cashless payment in Singapore. There are some reasons, which have discouraged the country from going cashless. Some of the reasons that might be the causes behind a slow approach towards a cashless payment are as follows[4]: Limited trust on the electronic devices that facilitates cashless payment Absence of a regulatory framework, which could enhance the payment security and could innovate various things to make it more secured user-friendly Absence of systems that are partially interoperable One of the causes that have thus far prevented Singapore from going cashless is the fear to use the service[5]. Customers have fear in them about the payment security. They rely much on the traditional format of payment such as by credit card. The reason is very well supported in a chosen article "Dynamics between the trust transfer process and intention to use mobile payment services: A cross-environment perspective." The article has found two variables such as initial trust and perception of risk in customers, which influence their behavior towards the mobile payment. If they have initially developed trust for the cashless system, they will think of taking the advantages of the cashless system. Additionally, if they have sensed risk in the cashless method they will certainly keep themselves away from the system[6]. The facts that are preventing Singapore from going cashless can also be understood from the example of Nigeria, which is a cash-based economy. The country has prospects for the cashless system, which is also evident in the recent steps of the Central Bank of Nigeria. The Central Bank of Nigeria has implemented the cashless system as they have realized the urgency to balance the rising demand. However, it is still challenging in the country because of following reasons[7]: Lack of acquaintance with the benefits of cashless payment system Associated risks[8] Insufficient trained personnel in major organizations Tendency to be reliant with the existing system People may have resistive nature in them to the new payment method The similar facts can also be supported from the example of cashless system in India. The government has shown their utter interest towards a cashless economy; however, challenges are many too. The country has a very large population of it living in villages in the different states. They have their tendency to remain addicted with the traditional system of cash payment, which according to them is more secured. They have their perception to be resistive towards any innovative system. The fear to move into a new system of any domain has created enough doubts for the success of cashless system in the country[9]. Influencing factors for the adoption of cashless payments- The biggest influencing factor for a cashless payment in Singapore can be its prospects, which it has already delivered to other countries such as China[10]. In China, customers have shown their utter trust on the cashless system. It has been observed from the success of mobile payment in China that the platform should offer something different to what has already been offered by other modes of payment like credit card. Customers will not like going through the same interface as they get during the payment through credit or debit cards. They will rather want a different interface, which could excite their interest level. Indeed, the stakeholders are required to integrate with the existing value chain but need to offer a distinct platform[11]. It has further been observed that there is a need to build up an ecosystem where a co-operative operation will exist[12]. This can be understood from the example of Alipay in China, which has provided an environment where key organizations can come across and initiate the business of partnership to facilitate the success of cashless system in the country. The similar thing has happened in the country as there has been a phenomenal relationship in between the banks and the Alipay. Alipay is a renowned name in the country. It has a large base of followers in the country. It has already operated with a success in the e-payment mode. The status of such kind has helped Alipay to successfully migrate into the mobile payment. Nevertheless, the success has also conveyed a message that there can be the creation of a real trust for mobile payment if the country has online giant like Alipay[13]. It has also been believed that to have an effective development of the national economy, an efficient payment system is immensely required[14]. Payment system is like other infrastructure such as telecommunications, transportation infrastructure and electrical power. It needs to be taken under a continuous development program in order to give it the most secured way. Interestingly, some research works have shown that an increase of 10% in the local payment system contributes in an increment of 1% in the GDP per capita[15]. An efficient payment system will depend to a least degree on the cash system of transaction and henceforth will provide the following benefits[16]: This will increase the velocity of money, which is very important for promoting an economic growth This will reduce the volume of cash that have been kept outside the bank This will bring flexibility in the banking operation and will enable them to offer the most attractive rates to the deprived sectors of the economy This will also reduce the corruption This will also reduce the overall bank charges Benefits from Singapore going cashless The cashless system if it gets implemented in Singapore, this will benefit the country in many ways. This will not only benefit the common public but the public and the private companies will also get benefitted. Following are the list of bodies that will be benefitted from Singapore going cashless: The private and public companies will be free from manual works of reconciling the cash amounts. This is because there will be a reduced flow of cash amounts. The transaction will be significantly replaced by the cashless payment. Surprisingly, the local government has to spend a huge amount of money to secure the cash amounts[17]. In Ireland for example, it costs around 1.4% of the entire Gross National Product in protecting and administrating the cash and cheques both during and after the production[18]. In Singapore, it costs around s$1.50 for the processing of each cheque. Going cashless would simply reduce such expenditures. These are the few ways in which the private and the public companies in Singapore are going to be benefited from Singapore becoming a cashless nation[19]. The implementation of cashless payment in Singapore will provide relief to the legal proceedings. There is always a threat of cash money being looted during a trip to somewhere. This can even happen even under tight security[20]. The implementation of cashless payment will therefore mean a reduction in cash payments. This will further mean that more and more transaction will then be done electronically. Consequently, there will be a reduction in the crime rates. Henceforth, this will be a relieving move for the local police. They will then get reduced numbers of money theft cases. In 2014, a study was conducted in Missouri in the United States on the crime cases after the implementation of electronic transfer system. The study had then found a reduction of 10% in the burglary and assault cases[21]. In Singapore, there will be no such requirement for the hawkers, consumers and the businessman to carry loads of cash amounts. Therefore, the chances of robbery will be reduced. However, the electronic payment is also not entirely secured. There are scammers who do fraudulent activities to theft the money online. In such situations, cyber security measures will be required to impose to protect such fraudulent practices[22]. However, this is understandable that in such cases things will be much controlled because it will just require a cyber security system to be installed. Along with that, this will also require a continuous monitoring from the experts to check whether there is any hacking process on the system[23]. Electronic payments will provide an improved data on the public activities. This will help in identifying the commercial activity. This will also help in improving the urban planning for transportation, housing and energy management as it is confirmed by a research from MasterCard found[24]. Approximately 66% percent of the workers in Singapore receive their payment made through electronic modes. However, many foreign workers those who are working in the marine and the construction sectors still prefer to be paid in cash. If they also transferred to an electronic mode of payment, this will help the country get important data on those workers[25]. Learning from countries having successful take-up rates in cashless payments- China in particular has been benefitted by the mobile payment. The implementation of the mobile payment is because of their reform strategy, which they had earlier started in the year 1978. The mentioned reform strategy did encourage the country to switch over to an open economy. Such a move had flourished many much successes in the past. It continued to do the same. This time the country has shown potentials by going cashless. The climbing progress in technology such as the 3G the 4G network and the incrementing usage of mobile phones have collectively encouraged the initiation of mobile payment in China[26]. The payment system is very secured, fast and reliable. The majority of people who use internet in China prefer shopping through online platform. There are various online platforms in the country such as Alipay, Tenpay, Union Pay, YeePay, China PnR and others. Alipay in particular has further the success of mobile payment in the country. The system has provided a more secured p latform to the Chinese people. This is also believed that payment through mobile is never safe. In such situations, it is really difficult to trust on such platforms. However, Alipay provides the safest platform for online transactions. It does so through two kinds of services such as escrow that helps in absolute safety during the transaction and the flexible payment options that allow freedom to select the payment options. The technical advancement of Alipay has furthered the success of cashless payment in China[27]. Cashless payment system was implemented in developing countries like Nigeria. It was done to fulfill the vision, which states that Nigeria want to be within the top 20 countries by 2020. Consequently, it was believed that cashless system is necessary to be an efficient player of economy. However, the different stakeholders are confused. They are divided on the issues, which are probable with the cashless system. It is therefore necessary that the commercial banks and the other stakeholders take a collaborative step towards the cashless payment. However, they have indeed realized the importance of cashless system for the betterment of existing economy in the country. The thought process in the country might help it succeed in progressing with the cashless payment system[28]. Despite the challenges in the country, it is poised to get the benefits of cashless payment system. They have felt the necessity of cashless system in fulfilling the vision 2020. They have realized that in order t o be one of 20 top economic countries by 2020, it is imperative to adopt the cashless system. There are requirements to resolve the issues such as money laundering, inflation, tax evasion, efficiency in financial statement reporting and poor payment balance. Indeed, cashless system can effectively help in controlling the highlighted issues[29]. The above literature review can be summarized into few findings. It can be summarized into little strength such as the cashless payment system has the potentials to resolve critical issues like money laundering, tax evasion, inflation and inefficient handling of financial statement reporting. However, the expected benefits may cause some adverse reactions as well. The cashless payment system is also not very secured. Fraudsters can act smart and hack the system to get an access to the payment option. It is rather a challenging situation because there will be no clue of where the money has gone. Despite the challenges it has been viewed as a potential option to further the economy of the respective country. China has already been benefitted largely because of the internet use in the country and the success of Alipay. Further research may come from the following areas: Hacking cases during the cash transaction through online Rate of reduction in the identifies issues such as money laundering Change in economy after implementing the cashless payment system in Singapore Bibliography Achor, Princewell N., and Anuforo Robert. "Shifting policy paradigm from cash-based economy to cashless economy: The Nigeria experience."Afro-Asian Journal of Social Sciences4, no. 4 (2013). Aluko, Ayodeji, and Mahmood Bagheri. "The impact of money laundering on economic and financial stability and on political development in developing countries: The case of Nigeria."Journal of Money Laundering Control15, no. 4 (2012): 442-457. Emengini, Steve Emeka. "Cashless economy and financial statement reporting in Nigeria."European Journal of Accounting Auditing and Finance Research2, no. 3 (2014): 1-9. challenge.gov.sg. 2017.Challenge.Gov.Sg. https://www.challenge.gov.sg/print/cover-story/the-benefits-of-going-cashless. Chavan, Jayshree. "Internet banking-Benefits and challenges in an emerging economy."International Journal of Research in Business Management1, no. 1 (2013): 19-26. "Going Cashless In Singapore Challenging But Not Impossible". 2017.The New Paper. https://www.tnp.sg/news/singapore/going-cashless-singapore-challenging-not-impossible. Guo, Jie, Jie Guo, Harry Bouwman, and Harry Bouwman. "An ecosystem view on third party mobile payment providers: a case study of Alipay wallet."info18, no. 5 (2016): 56-78. Hedman, Jonas, and Stefan Henningsson. "The new normal: Market cooperation in the mobile payments ecosystem."Electronic Commerce Research and Applications14, no. 5 (2015): 305-318. Jumoke, Soyemi, Soyemi Babajide Olugbenga, and Hammed Mudasiru. "Nigeria Cashless Culture: The Open Issues."Int. j. eng. sci4, no. 4 (2015): 51-56. Kajdi, Lszl. "A Western Diet with Chinese SpicesThe Specificities of Payments in China."Financial and Economic Review16, no. Sepcial Issue (2017): 140-169. Kshetri, Nir. "Cybercrime and cyber-security issues associated with China: some economic and institutional considerations."Electronic Commerce Research13, no. 1 (2013): 41-69. Liu, Rongbing. "The Role of Alipay in China."Nijmegen. Radboud University(2015). Lu, Yaobin, Shuiqing Yang, Patrick YK Chau, and Yuzhi Cao. "Dynamics between the trust transfer process and intention to use mobile payment services: A cross-environment perspective."Information Management48, no. 8 (2011): 393-403. Nordio, Margherita. "Underground banking and money laundering: focus on China." (2016). Odior, Ernest Simeon, and Fadiya Bamidele Banuso. "Cashless banking in Nigeria: Challenges, benefits and policy implications."European Scientific Journal, ESJ8, no. 12 (2012). Oladejo, Morufu, and Taibat Akanbi. "Bankers perceptions of electronic banking in Nigeria: A review of post consolidation experience."Research Journal of Finance and Accounting3, no. 2 (2012): 1-11. Oliveira, Tiago, Manoj Thomas, Goncalo Baptista, and Filipe Campos. "Mobile payment: Understanding the determinants of customer adoption and intention to recommend the technology."Computers in Human Behavior61 (2016): 404-414. Prakasam, Silvester. "Evolution of E-payments in Public TransportSingapores Experience."JOURNEYS3 (2009): 53-61. Reaves, Bradley, Nolen Scaife, Adam M. Bates, Patrick Traynor, and Kevin RB Butler. "Mo (bile) Money, Mo (bile) Problems: Analysis of Branchless Banking Applications in the Developing World." InUSENIX Security Symposium, pp. 17-32. 2015. Richet, Jean-Loup. "Laundering Money Online: a review of cybercriminals methods."arXiv preprint arXiv:1310.2368(2013). Schneider, A., and C. M. Mertes. "Expansion and growth in Chinese cities, 19782010."Environmental Research Letters9, no. 2 (2014): 024008. The New Paper. (2017).Going cashless in Singapore challenging but not impossible. [online] Available at: https://www.tnp.sg/news/singapore/going-cashless-singapore-challenging-not-impossible [Accessed 6 Nov. 2017]. Warke, Prashant S., and Prajakta R. Patil. "An Empirical Study on Challenges Opportunities in Indian Economy towards Cashless Enigma."International Journal of Advanced Electronics and Communication Systems6, no. 6 (2017). Yang, Shuiqing, Yaobin Lu, Sumeet Gupta, Yuzhi Cao, and Rui Zhang. "Mobile payment services adoption across time: An empirical study of the effects of behavioral beliefs, social influences, and personal traits."Computers in Human Behavior28, no. 1 (2012): 129-142. Yaqub, J. O., H. T. Bello, I. A. Adenuga, and M. O. Ogundeji. "The cashless policy in Nigeria: prospects and challenges."International Journal of Humanities and Social Science3, no. 3 (2013): 200-212. Zhong, Junying, Amandeep Dhir, Marko Nieminen, Matti Hmlinen, and Juha Laine. "Exploring consumer adoption of mobile payments in China." InProceedings of International Conference on Making Sense of Converging Media, p. 318. ACM, 2013.

Health and Hygiene free essay sample

The word technology refers to the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a preexisting solution to a problem, achieve a goal, handle an applied input/output relation or perform a specific function. It can also refer to the collection of such tools, including machinery, modifications, arrangements and procedures. Technologies significantly affect human as well as other animal species ability to control and adapt to their natural environments. The term can either be applied generally or to specific areas: examples include construction technology, medical technology, and information technology. The prehistorical discovery of the ability to control fire increased the available sources of food and the invention of the wheel helped humans in travelling in and controlling their environment. Recent technological developments, including the printing press, the telephone, and the Internet, have lessened physical barriers to communication and allowed humans to interact freely on a global scale. We will write a custom essay sample on Health and Hygiene or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In many societies, technology has helped develop more advanced economies (including todays global economy) and has allowed the rise of a leisure class. Many technological processes produce unwanted by-products, known as pollution, and deplete natural resources, to the detriment of the Planet Earth and its environment. The distinction between science, engineering and technology is not always clear. Science is the reasoned investigation or study of phenomena, aimed at discovering enduring principles among elements of the phenomenal world by employing formal techniques such as the scientific method. Technologies are not usually exclusively products of science, because they have to satisfy requirements such as utility, usability and safety. The 20th century brought a host of innovations. In physics, the discovery of nuclear fission has led to both nuclear weapons and nuclear power. Through our modern day miracles of science we are able to appreciate that which is truly an incredible era of advanced erudition and self-sufficiency. Because of the advantages of modern day technology, we are allowed the unique benefit of looking back on what was and comparing it with what is and what could be. Technology is no longer seen as a barrier, but as a breakthrough. Bringing fresh insight and offering better jobs to those who are willing to take a step towards the future. .