Netsuite customer relationship management for the Banking Sector Essay Example for Free

Netsuite customer relationship management for the Banking Sector Essay NetSuite is the worlds leading provider of on-demand business application software combining accounting and enterprise resource planning (ERP), customer relationship management (CRM) and  ecommerce capabilities in a completely integrated solution. With over 12,000 customers globally, NetSuite companies are enabled to manage all key business operations uniting departments, automating processes and gaining unparalleled insight into their business. Netsuite is built around a single customer record, so all areas of the business; sales, support, accounting, distribution, shipping and billing, use the same information for every interaction. Because NetSuite gives vital business intelligence in real time, businesses can make informed decisions faster. Deliver better business management powerful real-time, customisable dashboards, NetSuite business management software gives managers and employees the functionality, information and tools they need to manage their entire business better and streamline operations. Eliminate data re-entry because NetSuite software is built on a single record for every aspect of business, theres no need to waste time re-inputting data into separate systems. Eliminate IT maintenance and upgrade costs NetSuite is cloud-based, business management software with a 99.5% uptime guarantee. This gives greater reliability and security while eliminating the need for on-site hardware and software. Make better decisions faster NetSuite business management software gives real-time business intelligence dashboards for any and every aspect of the organisation from leads, commissions, sales revenue and forecasts to bank balances, receivable and payable anywhere and anytime. Increase collaboration NetSuite SaaS offers portals that allow customers, partners and vendors to collaborate allowing organisations to get closer to customers and partners, move quickly and seize opportunities.

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Income inequality is when income is unevenly distributed in a country. This inequality has reached staggering heights across the world. Even in what we consider developed countries this disparity is only increasing. The causes for income equality can range anywhere from immigration to the policies and politics of a country. However, some critics of income inequality will argue that it will always be present and is necessary to stimulate growth. Nonetheless, the problem is not only that the gap between the poor and the rich is widening but that income inequality is causing devastating market and government failures. We look in particular to the case of the United States. The US is the world’s leading power and hegemon, who also has the world’s highest GDP and GDP per capita. However, in recent years the gap between the rich and the poor has been growing at a fast pace. This prevalence of income inequality in a free market society like the US indicates that inequality is a direct result of a market or government failure. In a free market it is believed that individuals possess an equal opportunity to be successfully, but because of misallocation of resources in a market economy this is not possible. The resources I am referring to here are those that are needed for a person to escape poverty and earn a higher income. This includes merit and public goods that individuals with higher incomes can afford and indulge themselves in while people with lower incomes or suffering from poverty depend on some endowment from the state, such as healthcare, education, and access to employment opportunities and professional networks. It is important to a society that we take care of these market failures to not only help decrease income inequality... ...vity. Furthermore, the bill has the potentially to further increase the income inequality gap. For example, students who can’t afford the cost of higher education but whose parents make too much money to qualify for federal aid will still be forced to take out private loans to fund their education. â€Å"These loans can total anywhere from $50,000 to $60,000 by the time a student graduates, despite attending a public university† (The Student Loan, 2012). This in turn, will cause students to make choices based on the cost of higher education rather than their own which means less skilled works and individuals funding U.S markets and more income inequality. Finally, even though the bill did lower the cost of higher education it does nothing to get rid of the cost fully and unfortunately not really feasible since it was shot down by the Committee of Education and Workforce.

Internal And External Sources Of Finance For Tesco Essay

A source of finance used by Tesco is retained earnings. Tesco re-invest a certain percentage of their end of the year profits back into Tesco, so they can improve it. Each year Tesco decide how much money they re-invest, this depends on the profit they make. Fixed assets: Another type of an internal source of finance for Tesco is fixed assets. Fixed assets are an asset that is not consumer or sold during the normal course of business, these are land, buildings, equipment, machinery, vehicles etc. These assets are very hard to convert into cash as it takes time to sell, Tesco would use these assets to fund future operations. Current assets: Current assets are a key financial source to Tesco’s business. Current assets are cash and other things such as inventory that can be converted into cash easily. An asset that will be in use for less than a year is a current asset as they transfer into money once sold. Tesco’s stock in their stores is a current asset as they transfer into money once sold. An essential thing for Tesco to ensure is to ensure that their assets aren’t lower than their current liabilities (debt) as this may force Tesco to close as they want to be able to pay off their debts. Working capital: Working capital can be both a good and a bad thing, this will depend on the debt a company has in this case Tesco. Tesco are a massive company so they will have a lot of working capital, this will ensure Tesco grow as they can expand their brand. Companies like new starts will have finances to expand and grow their business. In 2014 Tesco’s working capital reduced massively by over 300 million this will have an affect on their company in 2015. In this task I am going to write about what internal and external sources of finance are available to Tesco. Internal sources are funds that come from within the business. An example of an internal source is profits. They can be used to expand a business. Another way is to sell assets that the company don’t use to free up capital. External sources are found outside the business. An example of an external source would be a bank lending company money. External sources of finance (Tesco) Investments: An investment is when a person or persons invest their own money into a business, hoping to make a profit on their investment into the organisation. Tesco rely massively on investments just like any organisation. Tesco’s share prices depend on just how much is being invested into the company, and over the past year their share prices have dropped as the amount being invested has decreased. Warren Buffet who is an American billionaire, who made his fortune by investing said that â€Å" Investing in Tesco was a big mistake†. Ordinary shares: Ordinary shares, are shares within an organisation that any member o the oublic can buy. Tesco’s shares are currently selling for around  £189.75p , with Tesco buying the shares back at around  £190.05p, since the horse meat scandal, shares have decreased rapidly. Since November 2013 Tesco’s shares have declined drastically. Tesco are unable to buy back the shares at a price high enough to push customers to sell back, as the customers wouldn’t be making enough profit. Corporations: As Tesco are a corporation they can part-take in all the activities any corporation are involved in such as hiring new staff, sue other companies, be sued by other companies and also own their own assets. An asset that Tesco own is their very own oil plant in America Institutions: An institution of Tesco would be their bank. The institutions are companies that work with Tesco and that Tesco own. Any money that Tesco receive from the customers and clients of their bank, gets directly put in the profits.  The money they make from the institutions gets invested directly back into Tesco Business angels: Business angels are people who look to invest into new or successful businesses to try to make a profit. For Tesco business angels would’ve invented at the start of the companies journey in 1919. Business angels usually invest in companies around their home so they can check up on their investments. Government Grants: Tesco are Britain’s biggest supermarket and due to this they employ thousands. The government can give Tesco grants and money to invest back into Tesco. The government will benefit because if Tesco invest the money wisely they will have a successful year therefore the government will receive more tax. An example of Tesco receiving a government grant was in 2009 when they received  £5 million to open a new store in Glasgow. HP: Hire purchase is when a company or person lends out goods to companies for a short period of time, with added interest. Tesco could benefit if they were the company as they would lend out equipment, machinery, property and vehicles, as they would gain interest and also regain some of their investment into the product. Suppliers credit: Supplier’s credit is when a supplier offers the buyer the product they want on credit. This is like getting a loan of sorts as Tesco can pay at a later date. This benefits Tesco as they can order as much stock as they need even if they haven’t got the finances at that time. Sale and lease back: This is when Tesco sells something to a buyer such as equipment,machinery etc and the buyer leases the product back to Tesco immediately. This benefits Tesco as they can use the product without being tied down to the product  financially. To Tesco there is some tax benefits to leasing the product rather than actually owning the product. Tesco can sell the products and lease them back for a long period of time.

Criminal Law Theft and Fraud - 3708 Words

Criminal Law, 26/04/11, Dr.Filletti Theft No definition of the offence of theft; Carrara gives us a definition which has been taken up by our courts, â€Å"The malicious taking of an object belonging to others without the owner’s consent with the intent to make gain.† This is the definition which our court uses, our law simply creates one distinction for these offences. The law creates two types of theft: Simple Theft and Aggravated Theft. Simple Theft: First element is â€Å"contrectazio† this is the taking away, this element has 3 schools of thought: 1. Carrara: Says amozio (movement), as soon as you have movement of the object, or as soon as the offender lays his hands on the object and simply moves it the offence of theft is complete.†¦show more content†¦Violence: Manzini writes that violenece doesn’t have to be addressed to the victim but against any other person present during the crime. This is because the fundamental element of aggravation and applies to all aggravations is that the aggravation must have facilitated the commission of the crime. This was established in Pulizija vs Emmanuel Testa, Testa was a bus conductor who was charged with violent indecent assault for having groped an 18 year old’s breast on a bus. Was charged with violent indecent assault aggravated by a public office, the fact alone that he was a bus conductor, as a public officer. But this position as a public did not facilitate the aggravation and the court agreed that it did not facilitate the crime. So he couldn’t get an aggravation because he was a public officer. Our law speaks of bodily harm or threats of bodily harm, there must be real or perceived bodily harm. What is essential is that this threat must necessarily be an influence on the victim’s mind. Violence can be used against a thing in so far as it instils fear of further harm to one’s self. The violence and the threat has to be such that it instils fear into the victim. Another form is violenza numerica , more than 2 thieves present themselves. By the term present themselves they don’t need to know they are all there, the victim has to know there are more than two they need not be in front of the victim. The rule is that you have to beShow MoreRelatedCriminal Law - Theft Fraud Notes4540 Words   |  19 PagesExtract from the 3rd Edition of Lacey, Wells and Quick, Reconstructing Criminal Law (CUP 2003) Chapter 4 II.a.i. The History of Theft William Blackstone’s Commentaries, written in the middle of the eighteenth century, represent one of the first systematic expositions of the common law. 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(Substantive) -Focuses on content or substance of legislation. -Laws limiting fundamental rights (speech, privacy, religion) must have a â€Å"compelling state interest.† -Laws limiting non-fundamental rights require a â€Å"rational basis