Wednesday, February 26, 2020
From Freemasons to Industrious Patriots Assignment
From Freemasons to Industrious Patriots - Assignment Example Sticking to the German context, the author shows that with time, freemasons were allowed to inculcate elite practices as joining reading book clubs, improving drinking habits and recognizing organizational discipline. The author also studies that modernization of organizational culture began in two waves, one in 1760 and the other in 1790s with the establishment of patriotic societies which had strong influence in decision making process of the governmental bodies of the states, in spite of poor number of members in the 50 to 60 such groups found all through Germany. This was the beginning of modern organizations wherein the philosophy of the organization was more important than self discipline, patriotism or ethical practices. According to Kieser, people who follow organizational discipline in modern day organizations, fail to recognize the need of learning new and individualistic working styles and disciplines. This is in stark contrast to the rational approach seen in freemasons of the middle ages and is indicative of work culture stagnation. This is also directly in contrast with the modern culture of social progress. Writer suggests that instead of resorting to this new kind of iron cage, the employees must go for multi-societal memberships to develop more complete self discipline and industrious patriotism that is devoid of single organizational dominance. The early freemason organizations comprised low classes of the society including manual laborers, small time vendors and believers of traditional Mason cult. The practices used by these organizations were based on ethical and spiritual philosophies. They were dedicated to achieving spiritual goals like establishing personal standards of discipline and extending them to contribution to society. Modern organizations on the contrary are based on economic and societal philosophies and are more focused
Sunday, February 9, 2020
Threats Of Electronic Money Transfer Research Paper
Threats Of Electronic Money Transfer - Research Paper Example To attain their objectives, terrorist require financial resources and easy fund transfer transactions to carry out their acts of terror. In this regard, the terrorist has found the Internet the most convenient way for the purpose of communication and coordination with their partners locating in other parts of the world; additionally, they send and receive their funds via using electronic means. This challenge can be minimized to a considerable extent but it can never be wished away totally. In this regard, the role of Central Banks is of critical importance. In the subsequent part of this paper, first, electronic money transfer is defined and is followed by a threat of misuse of this channel by terrorist and international criminal groups. Before conclusion, some suggestions are accounted for to minimize this illegal use of the Internet.An electronic payment system involves the services of many elements. A payment system is identified as the interactions between various subjects and i s made of numerous elements. Among these various elements, system participants, the infrastructure of the system, and the instruments facilitating the transfer of monetary value between different users are the significant elements.Traditionally, we had two parties facilitating fund transfer from one place to another- sender and receiver. Most of the time, funds were transferred with the use of non-electronic means. Paper-based money transfer transactions were common from one financial to another financial institution.... For that purpose, they can go to any extent. To attain their objectives, terrorist require financial resources and easy fund transfer transactions to carry out their acts of terror. In this regard, terrorist have found the Internet the most convenient way for the purpose of communication and coordination with their partners locating in other parts of the world; additionally, they send and receive their funds via using electronic means. This challenge can be minimized to a considerable extent but it can never be wished away totally. In this regard, the role of Central Banks is of critical importance. In the subsequent part of this paper, first, electronic money transfer is defined and is followed by a threat of misuse of this channel by terrorist and international criminal groups. Before conclusion, some suggestions are accounted for to minimize this illegal use of the Internet. An electronic payment system involves the services of many elements. A payment system is identified as the interactions between various subjects and is made of numerous elements. Among these various elements, system participants, the infrastructure of system, and the instruments facilitating the transfer of monetary value between different users are the significant elements(Merlonghi, 2010). Traditionally, we had two parties facilitating fund transfer from one place to another- sender and receiver. Most of the time, funds were transferred with the use of non-electronic means. For that purpose, paper based money transfer transactions were common from one financial to another financial institution. Besides, in paper based transaction time and cost were comparatively more than the costs involved via using electronic way of fund transfer. Due to these facts, the entire system
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