The Money Transfer Service – Competition in the global market

In any given market a healthy business is one that looks for a strategy that will give it a competitive advantage over the rest of the players in the industry. This is key in penetrating the market and ensuring that it stays a notch above the others in the delivery of a good or service to its clientele. In many cases competition is quite healthy, as articulated below with regard to the wars between Coke and Pepsi Companies in the United States: The warfare must be perceived as a continuing battle without blood. Without Coke, Pepsi would have a tough time being an original and lively competitor. The more successful they are, the sharper we have to be. If the Coca-cola company didn’t exist, we’d pray for someone to invent them. And on the other side of the fence, am sure the folks at Coke would say that nothing contributes as much to the present day success of the Coca Cola Company than†¦ Pepsi. All types of businesses, however small they are, have had competition in one way or another. A mama mboga business will definitely have competition from the neighbours selling the product. At the beginning there might seem to be none, but over time the competition emerges. Historical Background. The traditional electronic money transfer services include but not limited to the following: †¢Electronic Funds Transfer (EFT) service offered by banks, where funds take one day to be transferred to the recipient. †¢Real Time Gross Service (RTGS) – here funds are transferred between banks within a span of two hours upon the instructions being issued by a client. This is a much faster approach than the EFT module, serving as a big boost mainly to business people who need to seal deals faster. †¢Telegraphic Transfers (TTs) – this relates to the sending of funds from one country to another, and takes approximately four working hours. †¢Money Orders. These methods listed above require that one operates a bank account something considered a luxury in many parts of the developing countries. Likewise in Kenya this proves a challenge especially for the people in the rural areas and the informal settlements. As mentioned above, this listing is not conclusive as there are other known conventional means of sending money that include the following: †¢Western Union Money Transfer Service †¢Money Gram Money Transfer Service These two are phenomenon in sending of funds globally. Mobile Money Transfer Service No one ever envisaged that some day it would be possible to send funds using mobile phones. However Kenya has now been introduced to the world arena as a result of pioneering the mobile money transfer service, Safaricom synonymous with the m-pesa product. The mobile money transfer refers to the movement of money from one destination to another by use of the mobile phone as a means of transfer. In essence this refers to translocation of e-money from one point to another without the involvement of physical translocation. The journey of mobile money transfer began in the early years of 2000, with the launching of Sokotele by the then Celtel mobile company. The service enabled one to send funds via mobile, where the transaction was initiated through a financial institution to the recipient’s mobile. The recipient then would walk to a branch of the financial institution and be paid. The m-pesa product worked on the same module but enhanced the same, by putting the power of money transfers in the hands of the cellphone owner. This meant the bank link was removed from the equation, with the people dealing with each other through agents spread all over the country including the remote rural areas. The invention of the money transfer service has seen all the mobile companies in Kenya running the service, not ready to be left behind by the competitors. The facility is now spreading fast to other countries globally, albeit under different names. Competition The invention of the mobile money transfer has brought about a revolution in the financial sector, affecting the forms of funds transfer as mentioned above. This is slowly permeating the global scene, with Kenya serving as the home of mobile money transfer. The new product has great implications on the financial sector, both positive and negative. Banks have since taking advantage of this technology to bring on board clientele that have adopted mobile money transfer. They have relied on this platform to introduce mobile banking to their clients, empowering them to have their bank accounts in their hands whereby they can withdraw funds from their accounts by use of the mobile phones and vice versa. On the downside of it, a greater portion of the population is now saving their money on the mobile money transfer facilities. The facility seems to be growing fast into an e-bank, which affects the deposits that are traditionally found in banks. This has seen banks aggressively move to the public in search of deposits, thereby giving large interest rates n the deposits, contrary to the past where interest rates paid on deposits by banks were very low. The diversity of added provides on the main mobile money transfer service is making completion tight on banks. The adoption of M-Shwari encourages clients to save with the intention of borrowing, with the collateral being the savings as opposed to known collaterals such as land title deeds. The use of Western Union and Money Gram locally has declined due to the convenience of M-pesa, Airtel Money, Yu Cash and Orange Money in Kenya. With the spread of these facilities across the world (e. g. Airtel money in many African countries and India). With reduced demand for the formally established products, some of the providers have opted to partner with the money transfer service providers in order to tap into the great technology e. g. Western Union partnered with Safaricom, whereby funds can be send from overseas direct to one’s phone in Kenya. The money transfer service has also seen the introduction for card transfer services such as Nation Hela, whereby money can be dent from abroad direct to one’s visa card, with a notification direct to the recipient’s phone. Currently payment of a number of bills is made direct from the phone as opposed to going to queuing to make payments e. g. electricity bills, water bills etc. Conclusion Kenya is fast becoming home to a number of world accredited money transfer services that are equally spreading across the globe. These are expected to bring about intense but healthy competition on the financial front. These great innovations shall force financial institutions to rethink their strategies find the best way to take competitive advantage.

Conclusive Interview of My Sister

Section 1. 1 – Interview I’m Rashad, and I’ll be conducting a conclusive interview on Shequita Perez, my sister. She is the oldest of 3 children. Shequita is a hard working single parent, and will give her very last to make someone else happy. She is the type of women who believes handling business is the first priority. I interviewed Shequita by asking about her past, present, and lastly her future. Shequita mentioned her past as being very exciting. Now that’s she’s grown, she feels as though she’s a better person than she was.Her best memories from the past would have to be, her high school days. She attended, and graduated from Helen Cox High year 09’. Shequita was very active in High School, she was head caption of the Majorette team. Besides, Shequita’s High School life, she spent most of her time with her mom, and little brothers. Out dinning, and traveling to Orlando Florida to Walt Disney World was also a time sheâ€⠄¢ll never forget. Being a hard working single parent has its up’s and down’s, but no one’s perfect. Shequita gave birth to Kaylah Kimannie A’Kyre Perez on October 14, 2008.Shequita mentioned, spending time with her daughter is priceless, just seeing the smile on her face lights up her entire day. Shequita grew to learn that parenting is a huge responsibility, and that can never be a reason to stop following your dreams. It just makes you more determined to follow your heart. Shequita indicated that her future would be beyond successful. She has plans on moving to Houston, Texas. In Houston she’s determined to own a house of her own, and her daughter will be getting a better education.Also, Shequita plans to start her own clothing line, and give back to the community on New Orleans, Louisiana. Giving back to make someone else happy, is all that really matters to shequita. There’s no better feeling than that. Life is all about growing. Knowin g where you are now, and where you would like to be. Motivation from self is the best motivation that you can ever receive. Never give up on what makes you happy, follow your dreams, and lastly your heart. In conclusion, I Shequita Perez couldn’t be more happy.

How Does Mcewan Depict the Breakdown in Joe and Clarissa’s?

How does McEwan depict the breakdown in Joe and Clarissa’s relationship in the middle section of the novel? McEwan initially portrays Clarissa and Joe as the ideal couple, capturing the seemingly stable love affair between two academics. However, McEwan seeks to explore the disintegration of the ‘superior’ middle-class romance, to emphasise how nothing is safe. To the unknowing reader, everything about the relationship is calm and admirable. Yet difficulties begin to surface early in the novel.The reader learns how Clarissa is unable to bear children; something which the reader can see is hidden from daily life, but obviously has a profound effect on the relationship. To add to this, Joe is unhappy about his status in the scientific community. He feels his work as a lecturer is not enough, and this causes his self-worth to diminish over time. Joe longs for a perfect life, with a perfect career and for his interests to be satisfied. Everything down to the expensive wine at the picnic suggests Joe seeks perfection.Similarly, Clarissa also seeks perfection but instead, strives for the ideal romance, idealised by her literary idol, John Keats. McEwan focuses on a breakdown of communication throughout the middle section of the novel. Any conversations between the couple are brief and rushed, without consideration for the other’s words. Chapter 9 is significant for the development of Joe and Clarissa’s relationships collapse as the reader is invited to witness the events from Clarissa’s perspective.Through McEwan’s technique, the reader can view the hardships of Clarissa’s day, to recognise the daily stresses of her personal and professional life. We see Clarissa’s confusion at Joe’s apparent manic state, the communication issues, ‘All this talking and listening that’s supposed to be good for couples’. Joe simply cannot leave Clarissa alone; he is dependent on her for mental supp ort and he fails to recognise when she needs time to herself.Throughout Chapter 9, we learn that Joe is trusting Clarissa and coming on rather strongly, ‘but his intensity is inhibiting her’. However, it is at this point where we recognise that Clarissa is being told the whole story, despite claims later in the novel that she isn’t, she simply doesn’t take the correct amount of interest. The three obvious milestones of the breakdown are the balloon incident, Jed Parry’s intervention and Joe’s evident depression. Parry appears as the main catalyst, as he highlights the couple’s flaws.Trust is a huge issue between Joe and Clarissa, as made obvious when Joe fails to tell Clarissa of Parry’s late night phone call, ‘I know I made my first serious mistake when I turned on my side and I said to her â€Å"It was nothing. Wrong number. †Ã¢â‚¬â„¢ His actions could suggest he simply didn’t want to worry Clarissa at such a time, but also could ring early alarm bells for problems of trust. Trust issues are also evident when Joe raids Clarissa’s study, frantically searching for evidence of an affair. Shortly after this, they begin to sleep in separate beds, ceasing the late night discussions and passionate love-making.

Causes And Effects Of Earthquakes Engineering Essay

Causes And Effects Of Earthquakes Engineering Essay Earthquakes are one of the most destructive mother-nature disasters in the world. An earthquake is defined as quake or tremor which there will be a slipping or movement of earth`s crust as a result of a sudden release of energy, accompanied and followed by a series of vibration on the ground that causing damages. The series of vibrations is known as seismic waves and can be measured using seismometer, a device which also records the seismic waves known as seismograph. This disaster may happen naturally or caused by human activities and very difficult to predict (Wikipedia, 2009). Earthquake can be grouped into three categories based on the depth of their foci that are shallow focus (300 km) Geological faults, volcanic activity, landslides, mine blasts and nuclear experiments will caused an earthquake. Strong earthquakes can cause severe damages and great loss of life in several ways, including fault rupture, tremors flood caused by tsunami and landslides. Earthquakes are generated b y either tectonic activity, the movement of large rock plates which underlay the earth’s surface, or volcanic activity (GEO.101-02, 2006). The areas that experienced the most active seismic are related with the plate tectonics that located on the ground. When the plate tectonics tend to moved, there will be faults that may be detectable on the ground surface, but they are often out of sight below layers of soil deposits. There is about 90 percent of the earthquakes case worldwide which occur at faults along the boundaries of earth`s major crustal plates. Deformation will occurred which resulted from the movement of tectonic plate. The type of deformation that takes place during earthquake generally occurs along zones where rocks fracture to produce faults that cause tremors (Stephen A.N, 2010). The faults will cause a stresses that form a movements of adjacent plates therefore energy will released. Within the earth rocks are constantly subjected to forces that end to bend, tw ist, or to fracture them. When rocks bend, twist or fracture they said to be deformed or strain. This deformations are the energy that been released from the fracture. The energy released in the form of ground shaking will result of tremors and trembling of the ground (NAHB Research Center, 1994). Figure 2.1 shows the location of earthquakes with different magnitude and depth. Figure 2.1 Locations of Earthquakes 2.2 Causes of Earthquake Earthquakes are caused by the sudden release of energy along faults plane. The strain that builds up in the rock will ruptures when the elastic limit of the rock is exceeded thus released the elastic energy as seismic waves. The greater released energy, the greater strain that stored in the rock. A sort of the energy that released by and earthquake will travels through the earth`s crust which caused damages to life and structures. The earthquakes can be even smaller and even larger (W.Spence, S.A.Sipkin, & George L. C, 1989). Earthquakes are three di mensional events which the waves will move outwards, horizontal and vertical plains. This condition produces three different types of waves which can be defined through its distinct behavior and some of this wave only travel through certain stratums within the earth. The three forms of these shockwaves that cause an earthquake are (Geography Sites, 2006):

Membrane filtration (expriment) Lab Report Example | Topics and Well Written Essays - 1250 words

Membrane filtration (expriment) - Lab Report Example As potable water is procured from surface sources such as rivers, streams and lakes, bacteriological examination is crucial to determine the safety of drinking water. Presence of Enterococcus faecalis, Escherichia coli, Enterobacter aerogens and Proteus mirabilis in water sample was estimated using membrane filtration followed by incubation of the membrane filter in appropriate growth media to examine the determine the presence of pathogenic micro-organism. The motive to perform this study was to determine the presence of unknown organism(s) present in the provided samples. The study encompasses classification of bacteria based on their bio-chemical reactions, pH levels and osmoregulation. Identification and classification of bacteria from the sample is pragmatic as presence of any pathogenic micro-organism could be deleterious to health. Identification of bacteria provides line of treatment. The three preliminary steps for the analysis procedure comprise principal isolation, stainin g and biochemical reactions as the samples may contain diverse microorganism belonging to different species. Hypothesis to be tested: (1) Fecal coliform count of surface water samples differ according to their location. (2) Fecal coliform count of surface water samples do not differ according to their location. Introduction Microbes are indispensible module of our environment. They are associated in a variety of ways with everything we use in our everyday lives (Fratamico, 2005). They are found to be associated with the food that we eat, the clothes we wear/make use of and water we drink/utilize. They may perhaps influence the quality of our lives and transmit numerous diseases (Fratamico, 2005). It is therefore essential to understand the microbes linked with the commodities used in everyday life. Water free from disease-producing microorganisms and chemical substances deleterious to health is called potable water. Water contaminated with either domestic or industrial wastes is cal led non-potable or polluted water. The objectives of primary concern in providing potable water are freedom from harmful microorganisms and from undesirable chemicals. Water appearing clean or free from peculiarities of odor and taste could be contaminated. In such conditions special procedures are required to determine its sanitary quality. Inspection of water sample involves the inspection of the source of raw water and the conditions that may influence its quality. Changes related to population, types of industry and the method of sewage disposal are imperative. Practically, periodic and comprehensive sanitary surveys are necessary. However, potability can be determined only by chemical and bacteriological laboratory tests (Pelczar, 1993). Pathogens that gain entry into the water body include protozoan such as Giardia and Cryptosporidium, bacteria such as Campylobacter, Salmonella and Shigella and virus associated with water contamination are Hepatitis A virus and Norwalk virus. However, water is tested for the fecal contamination. As coliforms are discharged through feces the water sample containing fecal matter comprises pathogenic organisms as well. Essentially water sources such as wells, reservoirs, and storage tanks are routinely tested for water safety (Case Study Exercise 29: Measure of Water Quality: Membrane Filtration Method). Lifestyle modifications and

Incident Command Structure Case Study Example | Topics and Well Written Essays - 750 words

Incident Command Structure - Case Study Example technology is available to streamline the incident management process for more efficient operations Procedures included gathering data through the learning Resource Centre (LRC) at the National Fire Academy, and obtained information by the use of telephone and physical site visits, and internet research in order to provide a solution to the research question posed. Results from this research indicated that the fire service had additional resources within its organization and available from outside agencies that could be used to help fulfill needed positions to conduct the necessary operation of damage assessment. Recommendations included additional in-house training of staff and integrating these positions into the Indecent Command structure as it relates to Damage Assessments. Utmost productivity and efficiency with the maximu... The complex incidents are not often managed by a great number of personals but able and efficient personals. It has been discussed by Oates (2006) in the modular system in which the span of control was achieved by quality leadership, effective management and proper counsel. The ability and efficiency factors are all the more important when the issue is concerned with human lives and their safety. People dedicating their lives professionally in service of saving the society are practice that existed down the centauries. The professionalism in doing it has become widely acknowledged in the present society more than ever.The fire service is historically been based on tradition and can be routed back throughout the century. Throughout history, the fire fighter as always been a figure one came to count on. Back in the 24 BC, Roman emperor Augustus is credited with instituting a corps of fire-fighting vigils called "watchmen". In the pre-industrial era most cities had watchmen who sounded an alarm at signs of fire. They became cornerstone of the community as a trusted friend. Today, it is not much different as today's fire fighters also watch out for and prevent such fires to protect their citizens. As the challenges come into light, the fire services accept these challenges and adapt their outlook as the servants of their community. This has been proven when the fire department was no longer just for firefighting but became the source to rely on for other actives such as medical rescues, high angel rescue, hazmat incidents. Whatever the challenge our fire fighting community has always accepted this challenge and have come out victorious.The times are in fact one of the most challenging and the hardest

Implementation of Change from Mixed Sex Ward to a Single Sex Ward Essay

Implementation of Change from Mixed Sex Ward to a Single Sex Ward - Essay Example Women vulnerability with severe mental illness to physical and sexual abuses noted in mixed-sex wards. These increased rates of past sexual assaults and abuses among psychiatric impatient made them vulnerable to exploitation and abuse in mix-sex settings. This implies that re-victimization rates among women with mental illness are high. Increased recognition by the service providers of problems arising from histories of such trauma led to increase in same-sex inpatient units. Given the recognition that, trauma leads to pervasive and long term negative effects on mental health and relational problems, emotional regulation difficulties and mistrust of others, there was a general necessity to evade such menace. This paper is a case study on Implementation of Change from Mixed-sex ward to a single sex ward. It entails in-depth discussion about mixed-sex wards and single-sex wards, why the mixed-sex wards should be faced out in favor of the single-sex wards, demerits and merits of the two systems, as well as, the financial repercussions that come along with introduction of same-sex wards. Additionally, the paper explores the area of acute mental health to shade light on what needs to be done to achieve full transformations from mixed-sex to single-sex wards. ... e other hand, means service users and the patients share bathroom facilities, sleeping accommodations, and toilet facilities only with same sex people. However, the same sex ward is interpreted differently according to different hospitals. It could be a whole ward that is occupied by either women alone or men alone. It can also be taken to mean a single room, or a mixed ward, where bays or rooms are used to separate men and women. This applies to virtually all the hospitality areas and the unit of mental health. The whole ward is occupied by either women or men but not both. More often than not, this requirement applies to organizations that provide NHS funded care whether in mental health or acute mental health, as well as, heath disability sectors. Areas mostly considered for single sex ward include estates, systems and processes, patient and staff culture experience (Imprrit, N. 2009). A ward is a place at which a team having appropriate specialist skills help in treating a group of patients. In a mixed ward, there is provision of same-sex accommodation by same sex bays or single rooms, as well as, toilet facilities (Mezey, G. 2005). A bay is an area for sleeping having multiple beds or a single bed with all the three sides of the walls enclosing them. The fourthly sides can be partially enclosed or glazed to allow the staff to monitor clinically their patients. Why mixed-sex should be replaced. In recent times, there have been reports indicating that the makers of the policies and some professionals have not learned anything from the risks that have encompassed same-sex accommodation. Same-sex accommodation wards continue experiencing poor opportunities for both recreational interventions and the therapeutic interventions, as well. These wards are sexual abuses