visualize market situations and analyze data to build models to predict the effect of strategy changes on their business performance (Harder, 1997). The integration of financial data with spatial data in a GIS based system has a lot of advantages for corporations. These advantages are recognized by banks and other corporations. They use GIS as a driver to provide immediate business benefits such as expanding the business area, getting new business, customer caring in customer relationship management systems
The major findings from the SWOT analysis of NIBL (Lagankhel Branch) are as follows: Strength Strength is an inherent capacity which organization can use to gain strategic advantage over its competitors. • It is an ‘A’ class commercial bank. • The bank’s ATM/Debit Card can be used in many ATMS throughout the country. ATM Card of NIBL has also extended to India. • Good quality services and working environment is also nice. • The bank has wide range of services that suits need of customer. For example:
its business. For example cheques are rapidly processed using Magnetic Ink Character Recognition (MICR). Salaries are paid automatically into bank accounts by direct debit. ATMs allow cash to be withdrawn any time of day or night. (Anon., 2016) As there are many advantages of ICT, on the other hand there are some disadvantages as well. As technology is updating day by day, unemployment is increasing because of implementation of new, latest and heavy machinery. Factories are using computer controlled
BML Savings Account 1. The accounts in the bank will hold the initial deposit amount which the customers deposit at the time of opening the account. Customers will be able to get the sum of the money while closing the account. For instance, the initial deposit amount of MVR200/- will be held in the customers’ saving accounts at Bank of Maldives. 2. Customers can apply for debit cards and cheque book facility for the accounts. 3. A reward will be credited to the customers’ account annually, in the
contribution of the service sector started during the East Indies Company operation. Prominent MNCs such as Sime Darby provided huge range of service trades for many years. The current financial and banking sectors too are results of MNC’s advantages in developing nations. Malaysia’s banking sector’s growth is due to considerable contribution of MNC. At present there are over 16 MNCs operating in Malaysia with 30 more MNC banks that placed representative offices in Kuala Lumpur (Elvira & Davila
vertical axis turbines. The figure shows different blocks of the wind turbine. Figure 2 Wind turbine Block Diagram 3.1.1 Vertical Axis wind turbine The principal advantage of vertical axis machines, such as the Darrieus rotor is that they don’t need any kind of yaw control to keep them facing into the wind. A second advantage is that the heavy machinery contained in the nacelle (the housing around the generator, gear box, and other mechanical components) can be located down on the ground, where
There are various issues relating to e-banking in India. With the advent of information technology also issues and challenges are come. The e-banking also has both advantage and disadvantage. At one sides it provides great benefits to the people and other sides it also contains issues relating to it. The security issue is one of the main issues of e-banking in India. The security issues are arises on account of unauthorized access to banks important information of customers account, risk management
decline with its age. Organic growth beyond certain size or age is a big challenge and hence inorganic growth gains significance. Inorganic growth means growing through mergers and acquisitions. The inorganic growth also comes with its own advantages and disadvantages. A preference for growth through mergers and acquisitions (i.e. inorganic growth) started somewhere around the late 1890s. The mergers and acquisitions activities across the globe have taken occurred in merger waves as documented in the
Database designers, developers, database administrators and end-users must understand this functionality to take full advantage of it. Failure to understand the system can lead to bad design decisions, which can have serious consequences for an organization. The complexity of functionality makes the DBMS an extremely large piece of software, occupying many megabytes of disk
become a new trend. Customers do not have to go to the bank's location instead they can do all the transactions from computer at home.it saves money, energy and time. iii. ATM (Automated Teller Machines) is used in banks which is a computer. ATM is used for Withdrawal of cash. Cash, checks, and paychecks can be deposited in ATM Machine. b) Role of Computer Systems in Educational Institutions. i. Information of the students and teachers can be stored. ii. Audio-visual aid is an effective teaching