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Showing posts with the label United States

Proposal: Micro Payments and Self Help Groups (SHG)

Mobile Bank-SHG Linkage, Uttar Pradesh, India (Photo credit: Wikipedia ) Proposal: Micro Payments and Self Help Groups (SHG) Introduction For organisations practicing Micro Payments and Self Help Groups (SHG), Debt collection is their integral part of the credit management unit that secures payments from the debtor. Actually, a credit management unit usually handles these transactions where before, most banks perform this activity by hiring their own debts collection agent. With the advent of the business phenomenon of outsourcing during the early 1990s, whose foremost aim is to cut costs of doing business, a sizeable number of collection agencies have surfaced to provide the banks with the service of debt recovery. Whichever way the banks choose to collect the debts owed to them, problems arise which require the intelligent planning of the credit management unit of the institution. Bass (1998, p.93), in his book ‘Credit Management’ , stated that ‘ Effective collections do not...

Parents and Teacher Contribution Towards the Study of English Language in Primary School in Nigeria

School children in Tamil Nadu (Photo credit: Wikipedia ) Betonwerksteinskulptur "Lehrer-Student" von Reinhard Schmidt in Rostock (Photo credit: Wikipedia ) Parents and Teacher Contribution Towards the Study of English Language in Primary School in Nigeria Introduction According to a Malayan proverb, "Melentur bulah semasa masih rebung". In English, it means "To bend the bamboo start with the shoot". Young children learn best in an environment which provides them with an interactive role in the learning process. And this should start in the early years of a child. For this are the critical years when he starts to gain enough knowledge he will need as he grows. Teachers, therefore have an important role in the learning process of these individuals. However, the traditional approach which is dominant in Nigeria, does not assist the teachers in constructing a learning environment appropriate to the needs and learning styles of young children. ...

a study concerning the impact of global financial crisis to the SMEs in Singapore

English: Secretary Geithner met with Mexican Finance Minister Agustin Carstens at the U.S. Department of the Treasury on February 9, 2009 to discuss strengthening U.S.-Mexican economic and financial cooperation and to exchange views on the U.S. and Mexican responses to the global financial crisis. (Photo credit: Wikipedia ) International Business Environment RATIONALE Every business endeavour or venture is constantly faced with financial management problems to which the owner or manager should be able to attend to in order to take the business to success especially during the times of crisis that the global communities are facing. Thus, key financial decisions normally confronts the managers in issues and problems that concerns financial investments they usually provide answer to the problems regarding the assets on which the company of firm needs to put money and how a chosen investment should be financed. With this consideration, we may say that the current credit crunch...