Online Banking – Advantages and Disadvantages #advantages #of #online #education


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Online Banking – Advantages and Disadvantages

The World Wide Web has permeated virtually every aspect of modern life. If you have access to a computer with an Internet connection, an almost limitless amount of goods, services and entertainment choices are at your fingertips. You can do just about anything online, including your banking and financial transactions. But is this wise . Just how comfortable are you conducting your banking business in cyberspace? After all, online banking has both advantages and disadvantages, namely:

Advantages

  • It’s generally secure. But make sure that the website you’re using has a valid security certificate. This let’s you know that the site is protected from cyber-thieves looking to steal your personal and financial information.
  • You have twenty-four-hour access. When your neighborhood bank closes, you can still access your account and make transactions online. It’s a very convenient alternative for those that can’t get to the bank during normal hours because of their work schedule, health or any other reason.
  • You can access your account from virtually anywhere. If you’re on a business trip or vacationing away from home, you can still keep a watchful on your money and financial transactions – regardless of your location.
  • Conducting business online is generally faster than going to the bank. Long teller lines can be time-consuming, especially on a Pay Day. But online, there are no lines to contend with. You can access your account instantly and at your leisure.
  • Many features and services are typically available online. For example, with just a few clicks you can apply for loans . check the progress of your investments . review interest rates and gather other important information that may be spread out over several different brochures in the local bank.

Disadvantages

  • Yes, online banking is generally secure, but it certainly isn’t always secure. Identity theft is running rampant, and banks are by no means immune. And once your information is compromised, it can take months or even years to correct the damage, not to mention possibly costing you thousands of dollars, as well.
  • Some online banks are more stable than others. Not all online setups are an extension of a brick-and-mortar bank. Some operate completely in cyberspace, without the benefit of an branch that you can actually visit if need be. With no way to physically check out the operation, you must be sure to thoroughly do your homework about the bank’s background before giving them any of your money.
  • Before using a banking site that you aren’t familiar with, check to make sure that their deposits are FDIC -insured. If not, you could possibly lose all of your deposits if the bank goes under, or its major shareholders decide to take an extended vacation in Switzerland.
  • Customer service can be below the quality that you’re used to. Some people simply take comfort in being able to talk to another human being face-to-face if they experience a problem. Although most major banks employ a dedicated customer service department specifically for online users, going through the dreaded telephone menu can still be quite irritating to many. Again, some are considerably better (or worse) than others.
  • Not all online transactions are immediate. Online banking is subject to the same business-day parameters as traditional banking. Therefore, printing out and keeping receipts is still very important, even when banking online.

Online banking does have pros and cons. However, it’s not only the wave of the future, it’s the wave right now, and the clock isn’t likely to go backward. If you take reasonable care to safeguard your personal and financial information, you’ll likely find that online banking is a convenient tool that you can easily live with. Eventually, you’ll probably even wonder how you ever lived without it.

The content on this site is provided for informational purposes only and is not legal or professional advice. Advertised rates on this site are provided by the third party advertiser and not by us. We do not guarantee that the loan terms or rates listed on this site are the best terms or lowest rates available in the market. All lending decisions are determined by the lender and we do not guarantee approval, rates or terms for any lender or loan program. Not all applicants will be approved and individual loan terms may vary. Users are encouraged to use their best judgment in evaluating any third party services or advertisers on this site before submitting any information to any third party.

Finweb.com is an Internet Brands company.


Correspondence Education in India #new #correspondence #courses, #correspondence #education #in #india #methods #of #correspondence #education


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Correspondence Education – Introduction

Lamentably in a developing country like India, higher education has generally remained confined to a particular section of the society, who has both the resources and the time to avail of it. A large part of our population, especially those belonging to the rural areas has been bereft of higher education. In an effort to provide a solution to this problem, efforts have been made to democratize education through novel mode of education i.e. “correspondence education”.

Correspondence Education is a method of providing education to nonresident students, who receive lessons and exercises through mails and, upon completion, return them for analysis, criticism, and grading to the institute or university concerned. It is being increasingly used by students, business and industry in training programmes, by men and women in the armed forces, and by the governments of many nations as part of their educational program. It supplements other forms of education and makes independent study programs readily available.

Correspondence education has opened a new window of opportunities for those who have craved for further studies. In a way it has helped numerous professionals, dropouts (school college), housewives, etc to accomplish their unfinished dreams. It has immense relevance, particularly in a country like India, where pursuing education is a pricey affair. We receive scores of career queries everyday, which again is a shinning testimony of the great curiosity among the discerning users to know about the various options that education has to offer.

Originally correspondence courses were largely confined to vocational subjects. However these days, universities and institutes also offer such courses in virtually any field of study and possibly in all levels. Many of the subjects are not generally given in residence schools.

Indian Scenario

In India correspondence education has a very long history. After the concept of open universities emerged, it lost some point to them. However, these open Universities are also offering correspondence course to students. But some regular Universities like University of Delhi, Jamia Millia University, and Madurai Kamaraj University are in the top list of correspondence course.

Global Perspective

Correspondence courses were first offered in Great Britain, Germany, and the United States but spread rapidly throughout the world. The correspondence movement emerged in the mid-19th century, fuelled by the need for an educated trade and working class brought on by industrial and urban development, and facilitated by the development of improved printing and postal services.

Technological advances and a quantum leap in the electronic and communications field has changed the face of education today, most particularly that of correspondence education. It is important to note that over the past two decades many correspondence study programs have developed significantly greater use of interactive educational technologies such as audio teleconferencing and computer conferencing.

Methods

Correspondence education is an independent mode of education, which does not require a real-time interaction between students and teachers. In this education system, a student can study at home, receive the exam paper by post and send back assignments by post.

Instruction may be entirely by correspondence or by a combination of home study and resident seminars or laboratory work. It may include sound records or tapes, slides, films, videotapes or videodisks, teaching machines, computers, and the use of telephone, radio and television at times. The advent of electronic mail in the late 20th century the advent of electronic mail (correspondence delivered by means of electronic printing or display devices) has remarkably increased the communication between the student and the university or institute concerned.

Some courses may also include kits of tools or instruments and materials to be processed, as well as texts and study guides. Courses in Braille and on records or cassettes are also available for the visually challenged.

Advantages

The flexibility of time helps the students to prepare for the exam comfortably. The systematic instructional material, instructional design and self-instructional material help the independent learners in a significant way. The strategy, stages and steps in effective lesson writing are really helping the students to develop themselves. It is also very economical, which can be afforded by all sections of the people.

Being an `industrialized’ form of education, it has reduced human contacts which occur only in the feedback stage of the process. However this is taken care of by means of periodic assignments for submission.

In a nut shell the merits of correspondence may be listed as below:

  • Student is more active and self directed in learning environment
  • Well planned instructional design and self-instructional material
  • Easy schedule
  • Students can engage courses at home
  • Economical and affordable for every one
  • Can pursue a job along with education
  • Suitable for Drop out students, housewives and others doing a job who could not complete their education for some reason.

Suitable For

  • Drop out students
  • Economically Weaker and working professional

Universities Offering Correspondence Education

The following Institutes / Universities provide Correspondence Education in India. To know more about the courses / Institute / University please select from the following.


AARP Member Advantages #apply #for #retail #jobs #online


#shopping discounts

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AARP Member Advantages is the name for a collection of products, services and insurance programs available to AARP members from trusted third parties. AARP member benefits, including all goods, services and discounts on this site, are provided by third parties, not by AARP and its affiliates. Providers pay a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Provider offers are subject to change and may have restrictions. Please contact the provider directly for details.*

© Copyright 2016, AARP Services, Inc. All rights reserved.

Get special offers and saving alerts.

AARP Member Advantages is the name for a collection of products, services and insurance programs available to AARP members from trusted third parties. AARP member benefits, including all goods, services and discounts on this site, are provided by third parties, not by AARP and its affiliates. Providers pay a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Provider offers are subject to change and may have restrictions. Please contact the provider directly for details.*

© Copyright 2016, AARP Services, Inc. All rights reserved.


Advantages of Online Retail #retail #store #for #sale


#online retail store

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The Pros and Cons of E-Commerce and Selling Online

Updated July 11, 2016

E-commerce offers many ways retailers reach consumers and conduct business without the need of a storefront. It s almost economic suicide for any retailer not to sell online. Before you enter the world of e-commerce, be familiar with the advantages and disadvantages of selling online .

Advantages of E-Commerce

Online retailers can increase their sales and profits faster than a brick and mortar shop as selling online offers the advantage of having an open store, twenty-four hours a day, seven days a week.

Selling online also allows retailers to display their merchandise in any part of the world without additional expense. This advantage allows online retailers to expand their market to global proportions or target an extremely focused segment.

While the small retail store on Main Street may never dream of competing with a national chain retailer, it may find itself on a more level playing field with its competitors through the addition of online sales.

People can find your brand and interact with it when you have an online presence. You reach many new potential customers. Much of online traffic is organic, meaning that if you build your online store correctly, customers will find you without spending a dime. Traditional advertising can offer great headlines and ad copy, but advertising is costly. Why not try to benefit from online searches your customers are already making?

Disadvantages of Selling Online

One of the biggest disadvantages of selling online is the continued battle with security.

Shoppers are becoming more relaxed with providing their personal and credit card information, but security concerns are still keeping many consumers offline.

Retailers that sell online only may have to work harder to build trust and a relationship with their customers. Personal interaction is limited with selling online and there is plenty of competition.

Store owners may find it very difficult to keep shoppers coming back.

As online retailers expand their customer base to include shoppers in other countries, they also increase the difficulties in delivering their goods. The shipping process takes control from the retailer, but leaves the burden on his/her shoulders. If the customer does not receive their products immediately, it is ultimately the retailer s responsibility to resolve the issue.

The Importance of Omni-Channel Retail

Retailers who sell online are dealing with a very different animal than traditional brick and mortar stores. The transition online is not as easy as you may think. But there is a growing emphasis placed on what is known as omni-channel retail. which refers to retailers who sell in multiple channels. Today, a retailer might have an online store, a traditional brick and mortar store, and perhaps even a mail order or catalogue business. No matter how many channels you sell in, the customer experience needs to be equal; otherwise, you are setting yourself up for disaster.

Your brand must be consistent among all channels.

The bottom line is that while some would have you to believe that brick and mortar retail is dead. nothing could be further from the truth. Even with the growth and prominence of e-commerce, consumers continue to frequent brick and mortar storefronts, and this doesn t appear to be changing anytime soon. E-commerce and traditional storefront retail will continue to grow together, for better or worse.


AARP Member Advantages #appliance #retailers


#shopping discounts

#

AARP Member Advantages is the name for a collection of products, services and insurance programs available to AARP members from trusted third parties. AARP member benefits, including all goods, services and discounts on this site, are provided by third parties, not by AARP and its affiliates. Providers pay a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Provider offers are subject to change and may have restrictions. Please contact the provider directly for details.*

© Copyright 2016, AARP Services, Inc. All rights reserved.

Get special offers and saving alerts.

AARP Member Advantages is the name for a collection of products, services and insurance programs available to AARP members from trusted third parties. AARP member benefits, including all goods, services and discounts on this site, are provided by third parties, not by AARP and its affiliates. Providers pay a royalty fee to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. Provider offers are subject to change and may have restrictions. Please contact the provider directly for details.*

© Copyright 2016, AARP Services, Inc. All rights reserved.


Advantages of Online Retail #swim #outlet #coupon #codes


#online retail store

#

The Pros and Cons of E-Commerce and Selling Online

Updated July 11, 2016

E-commerce offers many ways retailers reach consumers and conduct business without the need of a storefront. It s almost economic suicide for any retailer not to sell online. Before you enter the world of e-commerce, be familiar with the advantages and disadvantages of selling online .

Advantages of E-Commerce

Online retailers can increase their sales and profits faster than a brick and mortar shop as selling online offers the advantage of having an open store, twenty-four hours a day, seven days a week.

Selling online also allows retailers to display their merchandise in any part of the world without additional expense. This advantage allows online retailers to expand their market to global proportions or target an extremely focused segment.

While the small retail store on Main Street may never dream of competing with a national chain retailer, it may find itself on a more level playing field with its competitors through the addition of online sales.

People can find your brand and interact with it when you have an online presence. You reach many new potential customers. Much of online traffic is organic, meaning that if you build your online store correctly, customers will find you without spending a dime. Traditional advertising can offer great headlines and ad copy, but advertising is costly. Why not try to benefit from online searches your customers are already making?

Disadvantages of Selling Online

One of the biggest disadvantages of selling online is the continued battle with security.

Shoppers are becoming more relaxed with providing their personal and credit card information, but security concerns are still keeping many consumers offline.

Retailers that sell online only may have to work harder to build trust and a relationship with their customers. Personal interaction is limited with selling online and there is plenty of competition.

Store owners may find it very difficult to keep shoppers coming back.

As online retailers expand their customer base to include shoppers in other countries, they also increase the difficulties in delivering their goods. The shipping process takes control from the retailer, but leaves the burden on his/her shoulders. If the customer does not receive their products immediately, it is ultimately the retailer s responsibility to resolve the issue.

The Importance of Omni-Channel Retail

Retailers who sell online are dealing with a very different animal than traditional brick and mortar stores. The transition online is not as easy as you may think. But there is a growing emphasis placed on what is known as omni-channel retail. which refers to retailers who sell in multiple channels. Today, a retailer might have an online store, a traditional brick and mortar store, and perhaps even a mail order or catalogue business. No matter how many channels you sell in, the customer experience needs to be equal; otherwise, you are setting yourself up for disaster.

Your brand must be consistent among all channels.

The bottom line is that while some would have you to believe that brick and mortar retail is dead. nothing could be further from the truth. Even with the growth and prominence of e-commerce, consumers continue to frequent brick and mortar storefronts, and this doesn t appear to be changing anytime soon. E-commerce and traditional storefront retail will continue to grow together, for better or worse.