Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter B.2, Problem B.2AQ
Summary Introduction
To determine: Uses of biometric technology.
Introduction: Biometric technology is a scientific technology to identify an individual distinctive on the basis of their unique identifiers such as finger prints, retina. The use of biometric helps in reduction of fraud.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Businesses spend a lot of time building their proprietary data and information. That information canoften hold the key to a competitive advantage in the market. Data loss from threats or disasters canlead to upset customers, lost revenue, and potentially bankruptcy. Organisations are investing heavilyin backup and recovery systems for their respective database systems.
Elaborate on any FIVE advantages of backup and recovery of a database system.
discuss any five types of fraud detection software that would be useful to Smart Shopping to detect fraudulent behavior on their e-commerce platform.
Why is it important for CVS to negotiate with pharmaceutical companies on the prices of drugs?
Chapter B Solutions
Understanding Business
Ch. B.1 - The Amazon Echo is more than just an ordinary than...Ch. B.1 - Prob. 1TPCh. B.1 - Prob. 2TPCh. B.2 - Prob. B.2AQCh. B.2 - Prob. 3TPCh. B.2 - Prob. 4TPCh. B.2 - Prob. 5TPCh. B.3 - Prob. B.3AQCh. B.3 - Prob. B.3BQCh. B.3 - Prob. 6TP
Ch. B.3 - Prob. 7TPCh. B.4 - Prob. B.4AQCh. B.4 - Prob. 8TPCh. B.4 - Prob. 9TPCh. B.5 - Prob. B.5AQCh. B.5 - Prob. B.5BQCh. B.5 - Prob. B.5CQCh. B.5 - Prob. 10TPCh. B.5 - Prob. 11TPCh. B - Prob. 1CECh. B - Prob. 2CECh. B - Prob. 3CECh. B - Prob. 4CECh. B - Prob. 1CTCh. B - Prob. 2CTCh. B - Prob. 3CTCh. B - Prob. 1DCSCh. B - Prob. 2DCSCh. B - Prob. 3DCSCh. B - Prob. 4DCSCh. B - Prob. 5DCSCh. B - Prob. 1PPTCh. B - Prob. 2PPTCh. B - Prob. 3PPT
Knowledge Booster
Similar questions
- 1. Explain why E-Commerce Security is important to support Payment Systems for E-Commerce. Use examples from E-Commerce Security. Explain how one of the recent exploits and losses to consumers shows the importance of electronic security and how that failure could have been prevented. 2. Why are Security and Payment Systems so important to eCommerce? Do they also impact the overall viability of the business? How are they used within the marketing of eCommerce (address positive and negative aspects)?arrow_forwardAnswer the following: ________________________ refers to an entrepreneur‟s basic skill of being able to quickly spot and identify possible profitable business endeavors. 2) ________________________ pertains to how persevering one can despite many obstacles and failed attempts to be successful. 3) ________________________ involves an entrepreneur‟s calculation his chances of success and profits. 4) ________________________ refers to an entrepreneur‟s ability to stay positive in negative situations. 5) ________________________ involves an entrepreneur‟s ability to obtain the correct information at a proper time. 6) ________________________ refers to an entrepreneur‟s sense of security with himself. 7) ________________________ pertains to an entrepreneur‟s capability of being able to influence others. 8) ________________________ are entrepreneurs who purchase failing business to manage. 10) Capital ________________________ are smart entrepreneurs who use their…arrow_forwardHow many people want to use online financial planing services in India? What's an estimate of the market size of this business?arrow_forward
- How would you rate the privacy protections available to individuals who purchase items through Amazon.com? How safe are similar data of individuals who have never purchased an item through Amazon.com? These days an online merchant is likely to have a privacy policy posted on its site that de-scribes, among other things, what data it collects and how they are used. For example, Amazon.com’s Privacy Notice states “Information about our customers is an important part of our business, and we are not in the business of selling it to others.”47 The information it automatically collects includes “login; e-mail address; password; computer and connection information such as browser type, version, and time-zone setting, browser plug- in types and versions, operating system, and platform; purchase history .; the full Uniform Resource Locator (URL) click stream to, through, and from our website, including date and time; cookie number; and products you viewed or searched…arrow_forwardOn-Balance Sheet Items (Assets) (in millions) Cash $ 10,000 Government securities 30,000 Interbank deposits 5,000 Home loans to personal finance customers 20,000 Loans to corporate customers 75,000 Total Balance Sheet Assets $140,000 Off-Balance Sheet Items Standby letters of credit backing corporate borrowings $ 10,000 Long term unused loan commitments made to private corporations 20,000 Total Off-Balance Sheet Items $30,000 Bank Capital Common stock (par value) $ 1,000 Surplus 1,500 Retained earnings 1,500 Subordinated debentures 2,000 Minority interest in subsidiaries 1,000 Allowance for loan and lease losses (reserves) 1,000 Non cumulative perpetual preferred stock 1,000 Intermediate term preferred stock 4,000 Equity commitment notes 2,000 Basel…arrow_forward1. Which mobile financial services (MFS) do you prefer the most? Why do you prefer it the most?2. What are the different reasons for what you have been using MFS?arrow_forward
- Today, banks do much more than accept deposits or make loans. They provide a variety of financial service to meet the diverse requirements of their customers.The link between the customer and the bank is the banker. To serve customers well and fulfil their responsibilities, bankers must have a through working knowledge of banks products, service, policies, and practices.Banks also contribute to the community, the economy, and the welfare of the nation. As businesses that operate for the benefit of their shareholders, banks seek ways to operate efficiently and profitably. To achieve all these goals, banks form business alliances, merge with or acquire other financial institutions, and support technological innovations to deliver and streamline operations.Required:a) Discuss why banks are special in every society.b) Discuss two specific financial services provided by banks to meet the need of Small and Medium Enterprise (SME) in Ghana. c) Discuss three ways in which banks use to make…arrow_forwardWhat factors contributed to Novartis’s invoice processing being so complex? How did IT help the company solve that problem? What other uses and functions does InputAccel serve, and how will this be useful to Novartis over the long term?arrow_forwardThe government market is extremely large, yet it is often slighted or even ignored by many firms. Red tape is certainly one reason, but there are others. Discuss the challenges and opportunities in selling to the government market and be sure to include the possibility of segmenting in your analysisarrow_forward
- Why is it that POS is very important in all big or small businesses?arrow_forwardHow does CRM software help businesses enhance their customer service and support functions?arrow_forwardManufacturers of inkjet printers (e.g. HP, Canon, and Lexmark) make most of their profits on the sales of ink cartridges. Why are cartridges more profitable than printers? If cartridges were manufactured by different organizations to those that produce the printers, would the situation be different? Explain. give example.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
