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Cultural and Legal Impediments To E- Business

Cultural and Legal Impediments To E- Business: Introduction: E-Business can be defined as the use of internet technologies to internet work and empower business processes, e-commerce, enterprise communication and collaboration within a company and with its customers, suppliers and other business stakeholders. These days businesses are using electronic medium to distribute information and provide customer support. These activities are not termed as "commerce" activities. Thus, e-business includes e-commerce along with other applications such as: ·Re-engineer internal business processes. ·Implement e-commerce system with their customers and suppliers. ·Promote enterprise collaboration among business teams and work groups. The business enterprises are often their activities according to the socio-culture and legal rights. Sometimes customers are still somewhat fearful of sending their personal information over the internet such as sending credit and debit card numbers, etc. Moreove…
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Famous Awards

Booker Prize (British Literary Award) ·Alternative Titles:Booker McConnell Prize, Booker Prize for Friction, Man Booker Prize. ·Booker Prize, in full Man Booker Prize, formerly Booker McConnell Prize, prestigious British award given annually to Full-length Novel in English. ·Booker McConnell, a multinational company, established the Award in 1968 to provide a counterpart to the Prix Goncourt in France. Initially, only English-language writers from the United Kingdom, the Republic of Ireland. In 2013, however, it was announced that the prize would be open to English language writers worldwide from 2014. ·Rushdie won the Booker (1993) and the best of the Booker (2008) prize when they are given in celebration of the prize’s 25th and 40th anniversaries, respectively. ·The award was administered by the Book Trust until 2002, when oversight passed to the Man Group PLC, an investment management firm. ·Well-known recipients of the prize include V.S. Naipaul, Iris Murdoch, Kingsley Amis, Kiran Desai

Disposable Income

The sum total of factor incomes and non-factor incomes (transfer income) is called disposable income in one year. Disposable income, also known as disposable personal income (DPI), is the amount of money that households have available for spending and saving after income taxes have been accounted for. Disposable personal income is often monitored as one of the many key economic indicators used to gauge the overall state of the economy. *DPI=Personal Income−Personal Income Taxes *Net Disposable Income = National Consumption Expenditure + National Savings Gross Net Disposable Income (GNDI): It is the sum of factor and non-factor incomes gross of consumption of fixed capital occurring to the residents of a country. *GNDI = GNPMP + Net current transfers from abroad. Net National Disposable Income (NNDI): It is the sum of factor and non-transfer incomes net of consumption of fixed capital occurring to the residents of a country. *NNDI = NNPMP + Net current transfers from abroad. What is Private Inc…