Things to take note to prevent e-auction frauds when a consumer participating in an e-auction

An auction is a process of buying and selling goodss or services by offering them up for , takes bid ang then selling the items to the winning bidder. its characterized by the competitive and dynamic nature by which the final price is reached.Electronic-auctions(e-auction) are the auctions which conducted online.

There are many type of fraud such as selling reproductions goods as original , high shipping costs and handling fees and failure to ship merchandise through an e-auction. In order to prevent the fraud happend, here are some prevention methods to help you minimize the fraud.

1. By user identify verification to qulified users for a highest level of verfication.By offering them ID number, driver's license number and date of birth. User must key in a strong password in order to prevent others that easily to get your information.


2. Get a detail information such as a history and background of the seller before you start to bid the goods through the e-auction. Must check the performance of the seller, make sure it have trustworthiness and reliability.


3. Through a feedback forum that allows you to place any comments and problems occur and allows the buyers and sellers to build up their online trading reputation. It provide users with the ability to comment on their experience to other individuals.


4. Any warranty and exchange policies or any claim provide for them, if there is any loss and damage on the items purchased in order to avoid the fraud happen.


5. Before you bid the goods, you must read the term and conditions as a buyers or sellers. Understand the obligation and how the e-auction work.


6. One way to confirm the identity and evaluateof an condition of an items through verification. with verification, it will identify and evaluate an items through a variety of means such as DNA.


7. Grading system is a way of determining the physical condition of an items whether it is "poor quality" or "mint condition". Through the grading process, help you determine the conditions of the item and did not by the seller or other parties.


8. Use escrow services are neccessary for the buyer or sellers in oder to protect them. An example of provider online escrow service is tradenable.com

Corporate Blogging: A new Marketing Communication Tool for companies.

How does the corporate blog helps the organizations?

It really helps the organization. It can have incredible marketing for your company for free rather than spending an enormous marketing budget. Corporate Blogging can humanify the company to the world and it is a way for your company to become intertwined with the Internet community.

Enterprise Blogs sees six types of corporate blogs:

external (sales, relationship, branding) and internal (knowledge, collaboration, culture).

Pros and Cons of Corporate Blogs?

When blogging, just be honest and forthright. Use the blog to capture your audience with your personality and your passion for what you do. That is the key to successful. A passionate blog will reach more people than any high-dollar ad campaign.

The examples of the master bloggers such as HP blogs, Google blogs, and Microsoft blogs. Pay close attention to how they use their passion for what they do to ignite others toward their vision of next-generation computing.

The company should encourage their employees to blog, Not only should upper management blog, but also middle or lower level of employees. When you encourage your employees to blog, a ripple effect will take place that will buzz on the Internet. The more the people blogging each day and numbers growing, you can really put your products out there. For example GM Blogs get hundreds of thousand of hits per day.

These are a few useful resources on corporate blogging available from the Internet:

1. The CorporateBlogging.Info
2. The Corporate Blogging Book on Squidoo
3. Best practices on corporate blogging from Singapore Entrepreneurs
4. Do's and don'ts of corporate blogging

review-week6-legal

Downloading! Downloading! Downloading! This is what most people will do nowadays. We can easily download songs, movie, entertainment shows, and software illegally via online. Why choose downloading? This is because downloading is the fastest and most convenient way to meet people demand. I believe that everyone of you who reading this post now have been downloading before or even now also still downloading. But, how many of us realize that illegally downloading is actually breaking the law? I think most of us do not really care about this.

This article shows that UK wants to stop the entire illegal download. UK proposed that illegal downloading cause them have million pounds of losses every year.

In my opinion, UK is actually doing so because UK wants to encourage people give respect to the copy right of each products. Besides that, it is also a best way to show appreciation to the workers efforts. By this way, there will be more and more good movies or products or songs in the markets. This can actually helps to boost up the economy of the country.

In Malaysia, government also try to catch illegal downloader. This is to save the economy of Malaysia and also to save the entertainment industry. But, most of us do not really bother about the punishment because we think that we are not that ‘lucky’. Government should emphasize more on copy right and education about it is also important. We should tell each other that illegal downloading is wrong and will get punishment once get caught.

Thus, to boost up the country economy, to save the entertainment industry, to appreciate the workers efforts, we should not download illegally. We must buy origin but not pirated products.

review-week5

As the world keep on changing fast nowadays, more and more business can be deal online. In this century, there are many websites, for examples, Amazon, eBay and so on, enable the consumers to shopping online. Consumers can buy clothes, digital products, jewellery, songs and others via internet.

Now, even spectacles also can be purchased online. People nowadays mostly wear spectacles. So, in order to make we ourselves to have different spectacles with others, we can now create our own spectacles, we can choose the design we like and colour we prefer via online. If the consumers worry that they do not know the way to design, the websites will guide you step by step. Thus, consumers do not need to worry about this. There are several websites that provides DIY services, for examples, eyeglasses.com, www.framesdirect.com and others. You can see more in this blog.

In my opinion, I think that this spectacles e-business model can be work in Malaysia. I myself did wear spectacles. When I went to the shops to look around the glass I want, it took a long time for me to select the one which suit me the most. So, in my opinion, I think that DIY spectacles can be work. People nowadays like to be unique. They do not like to have the same things that others people have. Thus, some will buy branded and limited things to ensure that they are not common. Thus, by DIY glasses online, consumers can design the glasses they desire themselves.

Furthermore, the website also provide the prices whenever u choose for the items u want, so consumers do not need to worry about the spectacle will over their budget. Besides that, as internet is being more and more important, and the fuel prices keep on increasing, people nowadays are more unwilling to travel. They prefer to stay at home to rest rather than being crowded outside. Thus, online shopping is the most convenient shopping they can have.

E-Government in Malaysia : Its implementation so far and citizen's adoption strategies

As far as Malaysia is concerned, the implementation of E-government was initiated by the introduction of the Multimedia Super Corridor (MSC) in 1996. Under the e-government flagship, seven major projects identified which are Generic Office Environment (GEO), Electronic Procurement (eP) or better known as ePerolehan, Human Resource Information System (HRMIS), Project Monitoring System (PMS), Electronic Services Delivery (eServices), Electronic Labor Exchange (ELX), and E-Syariah. Besides these seven main projects under the e-government flagships, several government agencies has taken initiatives to introduce online services for the public projects, such as Public Services Portal (myGovernment), e-Tanah, e-Consent, e-Filing, e-Local Government (e-PBT), e-Kehakiman, Custom Information System (SMK), Pensions Online Workflow Environment (POWER), and Training Information System (e-SILA) which aims to increase the ease and efficiency of public service to people.
Consumers are encountered some problems with E-government application. New net users may find it difficult to use the sites because they don't know where to look for help or advice, or because the services themselves assume a lot of computer confidence. Users may be skeptical about how efficient, secure and reliable they can be. One of the worst things that can happen is a major breach of security in a key service. Many of the serious security problems discovered in today's network only become apparent when different systems start working together.
In order to encourage more citizens to adopt E-government application, the government should facilitate phone and face-to-face contact as the customer service aspect of E-government. In the long term however, E-government will mean that the public will increasingly interact with the government through a computer network. To this end the government has been introducing initiatives that will encourage people to go online, such as free computers in public libraries and publicly funded computer training for elderly. Such initiatives will certainly make E-government a more realistic prospect for everyone.

The Application of Prepaid cash card for consumer

In the modern economies, we used variety types of payment instruments such as currency, payment order, checks, credit cards, electronic cash cards, and also prepaid cash cards.

What is the prepaid Cash Card???

Prepaid Cash Cards, also known as prepaid debit cards, A Debit card is a plastic card which provides an alternative payment method to cash when making purchases. Its functionality is more similar to writing a cheque as the funds are withdrawn directly from either the bank account (often referred to as a cheque card), or from the remaining balance on the card. Debit cards are used widely for telephone and Internet purchases. For consumers, the difference between a "debit card" and a "credit card" is that the debit card immediately deducts the balance from a checking or savings account, whereas the credit card allows the consumer to spend money they might not actually have (but promise to pay later to the card-issuing bank).

The Application form of Debit Card will be like this:

www.axisbank.com/xmlapplication/personal/pdf/Debit-Card-Application-Form.pdf

The Features & Benefits of the Debit Card will show as below:

Credit card debts: Causes and Prevention

Everyone who owns credit card knows that is convenience for us when urgent and not enough cash in hand. Nowadays, credit card becomes very common in our society. Even college students also have a credit card. But many credit card users misuse the credit card and without consideration therefore its cause credit card debt become increasingly. They did not have a proper financial plan when use it. They spent more than what they are willing to pay and expenses excess their income. At last, the credit card debts will accumulate and increase through interest. Its will causes some people declared bankrupt.

Are you having a problem of how to manage the credit card debts? Let’s look there are some tips to prevent the credit card users get out from debts:

• Control the credit card usage
  Don’t pay everything by using credit card. Some items which you are willing to pay, if cash money is available and use it to pay. You must learn how to control the usage of your credit card properly.
• Setting a plan
  Good financial plans help you to prevent from the debt. Every time set a budget, list out all the necessary items that you want and needs to purchase but don’t over your income. This habit will help you to save money in order to pay off your debts.
• Pay on timeThe interest imposed is too high therefore must settle your credit card debt on time. When you receive a bank statement, pay it immediately. Don’t carry forward the debt to next month, you will feel harder to pay off your debts.
• Through counseling
  If you need advice as how to reduce and remove your debt, you can consult credit counseling. They are promoted by the credit industry and can help get in touch with your creditors so that your interest rates can be reduced.
• Choose the best credit card
  When you apply for a new credit card, make sure you read all the terms and conditions carefully. Choose the right card that is low interest and no penalties or fine imposed.
• Negotiate with creditor companiesTell them you are unwilling to pay off the debt in higher interest. Negotiate with them to reduce the rate of interest as reduce the amount of your debt. Therefore you no need to worry and willing to pay off.