Information Technology: Smart Card vs. Voucher
Long and Short-Term Costs
Over the long-term smart cards are more affordable than vouchers for customers, sanctuaries and shops because they retain their value over time and continue working without further investment. Vouchers however while perhaps more affordable for customers initially, require pre-payment and additional payments once a voucher is used.
They may prove more expensive in the long-term if lost or stolen, at least to customers. While the sanctuary or shop may invest more money in the short-term to utilize smart cards, over time the investment will actually pay for itself and then some with respect to the added security benefits smart cards offer and the long-term benefits use of these cards offer compared with vouchers (Clark, 1990).
Economic and Social Benefits
Smart cards are considered useful in a variety of applications, making...
Again, Mc Donald's has managed to deal with competitive threats posed by both these market players due to the fact that the prices that Burger King, Starbucks and Costa Coffee charge are much higher than that charged by Mc Donald's. The primary reason behind higher prices of Costa Coffee and Starbucks is the fact that their target market is much stronger and niche as compared to that of Mc
wireless Web is truly' the next major wave of Internet computing A its potential for bringing people together and expanding commerce is even greater than that of the wired Internet." Edward Kozel, board member and former CTO of Cisco systems (AlterEgo, 2000, p. 12) The integration of the Internet into our modern culture as a driving force behind business, convenience, services and merchandise acquisition has created a new set of desires for
Third is a series of passwords and personal information chosen by the customer. On top of this they guarantee customers that if they are victims of fraudulent activity on their Egg accounts, any losses are covered in full. "This has never happened," says Andrew. "There has never been any breach of internet security." ("- -- : Safety Net for" 2001:44) Again internet and bank security are largely overexagertated yet they
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now