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Reviewing the Issues and Challenges of Electronic Banking Regime in Iran
Issue:
Volume 7, Issue 1, March 2018
Pages:
1-9
Received:
3 January 2018
Accepted:
22 January 2018
Published:
13 April 2018
Abstract: Technological advances have transformed the face of the world. Over the past two decades, the banking industry has been investing heavily in using Information Technology (IT). In response to new laws, the growth of global networks and rising incomes, the banking industry employs new technologies called e banking to achieve and maintain strategic benefits. Electronic banking refers to financial activities that are carried out using electronic technology. Electronic banking gives banks the opportunity to respond to the different needs of customers in different locations simultaneously. In recent years, with the growing spread of information technology and the benefit of the Internet, banks and financial institutions are seeking to provide more different and diverse services for their customers. The emergence and development of e-banking is facing serious challenges, which responding to them is inevitable. The challenges that the e-banking system will face include financial, regulative and legal issues, organizational culture and process issues, infrastructures and systems. One of the challenges of developing electronic banking in Iran is the legal challenge. One of the most important legal challenges for the e-banking system seems to be whether the general rules of contracts provide sufficient guarantees for the validity and necessity of electronic contracts. The purpose of this paper is to examine the legal challenges for the advancement of the electronic banking system and provide solutions for solving them.
Abstract: Technological advances have transformed the face of the world. Over the past two decades, the banking industry has been investing heavily in using Information Technology (IT). In response to new laws, the growth of global networks and rising incomes, the banking industry employs new technologies called e banking to achieve and maintain strategic be...
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Developing Orange Fruit Value Chain in Tuyen Quang, Vietnam
Tran Thi Dien,
Hoang Anh Dao
Issue:
Volume 7, Issue 1, March 2018
Pages:
10-16
Received:
28 March 2018
Accepted:
16 April 2018
Published:
15 May 2018
Abstract: Orange is one of the world’s most important economic fruit crops. And in Tuyen Quang, Vietnam, orange is local tree that have been planted for many generations. The study analyzed the supply chain and the value chain of orange in Tuyen Quang, compared to the supply chain and the orange value chain in industrialized nations, and have seen that the the orange value chain in the province has not developed yet. All products are consumed as fresh fruits, without processing of products from orange. Consumption of orange fruit is only in the domestic market, no export activities. The linkages between the actors in the chain have not been deep and inefficient. Harvest and transport fresh fruit was mostly done by hand. Preservation, packaging, refrigeration and processing activities have not been implemented. These lead to high post-harvest losses and selling of orange fruit is still difficult and seasonal. SWOT analysis was used too, and some strategic solutions were identified to develop the orange value chain.
Abstract: Orange is one of the world’s most important economic fruit crops. And in Tuyen Quang, Vietnam, orange is local tree that have been planted for many generations. The study analyzed the supply chain and the value chain of orange in Tuyen Quang, compared to the supply chain and the orange value chain in industrialized nations, and have seen that the t...
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An Econometric Assessment of the Impact of Inflation on Economic Growth: A Case Study of Zimbabwe Economy
Issue:
Volume 7, Issue 1, March 2018
Pages:
17-22
Received:
6 April 2018
Accepted:
20 April 2018
Published:
16 May 2018
Abstract: This study sought to determine the impact of inflation on Economic growth in Zimbabwe. The time series yearly data for Inflation and Economic Growth (GDP) from 1990 to 2017 were used for the study. Ordinary Least Squares (OLS) was used to determine the impact of inflation on Economic growth. Some Stationarity and Cointegration tests were carried out. Data became stationarity after first and second differencing using Augmented Dickey Fuller Test. There was also evidence of cointegration between the two variables using the Johansen Cointegration Test. The results of the study established no relationship between Inflation and Gross Domestic Product in Zimbabwe. These results have important policy implications, implying that controlling inflation is a necessary but not a pre-condition for promoting economic growth in Zimbabwe. Thus, the Zimbabwean government should focus on maintaining inflation at a low rate (single digit). In this regard the study concluded that all factors which cause an increase in the general price levels such as energy (petrol, diesel, gasoline, paraffin), exchange rates volatility, increase in money supply, poor agricultural production and so forth, should be kept on check, with the appropriate policies so as to foster economic growth.
Abstract: This study sought to determine the impact of inflation on Economic growth in Zimbabwe. The time series yearly data for Inflation and Economic Growth (GDP) from 1990 to 2017 were used for the study. Ordinary Least Squares (OLS) was used to determine the impact of inflation on Economic growth. Some Stationarity and Cointegration tests were carried ou...
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Study on the Development Direction of Capital Market in China
Issue:
Volume 7, Issue 1, March 2018
Pages:
23-26
Received:
28 May 2018
Published:
28 May 2018
Abstract: The development of capital market is crucial to a country, soit is necessary to improve the development of the capital market. In China, the development of multi-level capital market is also the focus of economic developments. This paper based on the national conditions of China, presentseven development directions set for the construction of multi-level capital market system. The seven development directions are realizing stock issuance registration system, vigorously developing a multi-level capital market system, continuously innovating the securities market, establishinglong-term Funding and long-term mechanisms, building and improving the futures market, promoting the bi-directional opening of capital market, strengthening systematic construction for investors’ protection. These seven development directions are interrelated. It is of vital importance to comprehensively improve the capital market and accurately locate the development direction of the capital market.
Abstract: The development of capital market is crucial to a country, soit is necessary to improve the development of the capital market. In China, the development of multi-level capital market is also the focus of economic developments. This paper based on the national conditions of China, presentseven development directions set for the construction of multi...
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Economic Assessment of the Impact of Packaging Design on Consumption
Bassam Charif Hamdar,
Abeer Khalil,
Mohamad Bissani,
Natalie Kalaydjian
Issue:
Volume 7, Issue 1, March 2018
Pages:
27-33
Received:
9 May 2018
Accepted:
24 May 2018
Published:
11 June 2018
Abstract: Packaging has become itself a sales promotion tool for commercial organizations. Consumers are exposed to more than 20,000 product choices within a 30-minute shopping session. The objective of this paper is to determine the effect of packaging design on consumer purchasing behavior, along with the identification of the main aspects that contribute to the packaging of a product. Packaging is believed to leave a certain positive or negative impression on the consumer which greatly affects the sales and the market share of a commercial organization. Thus, it is important to take into consideration the effect of the packaging of a product on the consumers’ buying behavior. By understanding how packaging affects the purchase decision, companies will be able to make the right decision when it comes to product packaging and presentation. This research identifies the relationship between the main variable, which is the consumer buying behavior, and the independent variables such as packaging elements and packaging quality. Upon distributing 150 structured questionnaires, primary research data was collected, and SPSS software was used to analyze and interpret the findings. The results of this research show the importance of having good packaging elements and quality in order to maintain a positive product image, and achieve a better market impact. Future research is proposed which can help in developing a better understanding of consumer buying response in relation to packaging elements and quality.
Abstract: Packaging has become itself a sales promotion tool for commercial organizations. Consumers are exposed to more than 20,000 product choices within a 30-minute shopping session. The objective of this paper is to determine the effect of packaging design on consumer purchasing behavior, along with the identification of the main aspects that contribute ...
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