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Showing posts with label Yong Lee Yung. Show all posts
Showing posts with label Yong Lee Yung. Show all posts

Tuesday, July 7, 2009

A discussion on E-learning offered in Malaysian universities

Prons and Cons E-learning among students perspective


E-learning stand for electronic learning and it is determined by a delivery of training or education program through electronic. In the other words, e-learning is transfer of skills and knowledge and knowledge passed through the internet and network or standalone (independent) computer. The electronic device involved computer or electronic device such as mobile phone. For instance, Universities Malaya is one of the universities using e-learning which means a web-based learning management system with learning contents management capabilities.

This is exhibits:

  1. This is the system which UM can be accessed via the following URL Addresses.
    For UM staff:
    http://elearning .um.edu.my/ Use UMMail Username and Password
  2. For UM Students
    http://elearning .perdana.um.edu.my Use Perdana Mail Username and Password

In no particular order, there are certain pros on E-learning perspective among the students.

  1. Electronic learning solutions improved collaboration and interactivity among students. Teaching and communications techniques create an interactive online environment such discussion group and email. Distance education encourage more critical because students enable study anywhere as long as there ability access into a computer with the network connection.

  2. Besides that, e-learning provide flexibility to join discussion any hour of the whole day. Students can proceed their assignment or tutorial and they access learning materials at any time and as much as they need. This is known as “just in time and just enough”.
  3. Another benefit of e-learning is the accessibility is provides. This is due to students can learn form anywhere and done from any place. Student enable complete their program at their own space and own place as well.

  4. Furthermore, students can accommodate different learning styles through different activities. Students are not restriction use e-learning to complete their tasks but are encourage. Since the technology is get greater improvement and provide us convenience to interact and discussion among students and lecturer as well.

However, there are various negative ways to looking at the e-learning prospective among students.

  • Students may get isolated from lecturer or classmate during discussion. This is due to students are not face to face with lecturer or classmate and get misunderstanding what they are discussion at the same time.

  • In addition, lecturer may not always be available when students need their help to complete their tasks at anytime. Therefore, students force to make appointment or send by mail to inform the lecturer when they needed.

  • Sometimes, students do not know well the computer files and online learning software. Hence, students are involved complex management of computer files and online learning software. This might waste the students “gold” time to submit their deadlines of the assignment.

The pros and cons of e-learning perspective alter depending on program goals and organizational infrastructure and culture. By the way, there is no argument that e-learning pros and cons since e-learning is rapidly growing as form of training delivery. Students should be imposed the e-learning at the right ways, right place and right time.

related link:

http://www.newman.ac.uk/Students_Websites/~m.m.friel/index.htm

http://ict.um.edu.my/abtelearning.html

Friday, July 3, 2009

Credit card debt: Causes and Prevention

The causes and prevention of credit card debt



I believed that nowadays consumer might have a credit card on hand. Especially for employees whose salaries become RM 1500 above every month. Credit card debt is consumer debt which has to pay off every month. Credit card debt also called as revolving debt. The credit card debt included mortgages, household and monthly expenses. Consumer had excessive debt since they bought more than they could pay off every month. Furthermore, they only simply paid for the minimum amount of the month and accrual to the next month. This might due to credit card debt fueled continued economic growth.


In no particular order, there are certain common causes of debt includes medical problems, relying on credit cards, allowing for “fun” within the budget, reduction in income and failed business.





Medical problem considered is a debt to the consumer because the illnesses and unexpected medical emergencies could result the huge amounts of medical debt immediately. Consumer can not prevent using credit card such expenses during an emergency.

Another cause is consumer too relying on credit cards. Exactly, credit card is valued for consumer convenience, however, consumer using credit card as extra income. If consumer is purchase term are not meet their needs but request, then may be on the verge of serious debt trouble.

Besides that, allowing for “fun” within the budget is indicating consumer is spending the entertainment expenses for the first to go. Even though they are tight in money and expenses should have to be cut.

Failed business is a cause of debt which means people whose start-up a business fail and face the financial position. Particularly for small business, the business owner become personally liable for the debt incurred on behalf of the business.

In addition, people loses some portion of income that they is used to, it can be tough to adjust. Since people are spending their income as usual in daily. If people continue spend the same amount with reduction in income, definitely the income could not cover the expenses and people will in doubt.

Since the credit card debt causes is increasing in economic, however, there are some ways to prevent the causes of credit card debt growth.

Debit card is one of the benefits to avoid credit card debt. Consumer purchase the item paid through debit card and the expenses amount directly linked to the checking account. This due to most people cut down on frivolous purchases as opposed to using a credit card.



Besides that, pay everyday charges and bill with cash term. Reserve the credit card for emergency purposes only. The best way is people pay off the credit card every month on time, it will be building positive credit as well.





Understanding the card as well as understand the credit card benefit, minimum payments and limit of the amount. Nowadays people know how to apply and how to get approved for a credit card but has no clue what is the interest rate is. Therefore, the knowledge truly is the power and stated “the more people know the less likely people are push themselves into a corner”.

In effect, the uses of credit card have both positive and negative ways. People should be known how efficiency to use credit card and how to prevent has a credit card debt. Therefore, people must consider and responsible in debt before apply and approve a credit card.



related link:
http://www.ehow.com/how_4512115_avoid-credit-card-debt.html
http://www.debthelp.com/kc/247-top-20-causes-debt-part-ii.html

Friday, June 26, 2009

The application of third party certification programme in Malaysia

Third party called certificates authorities. A certificates contains holder’s name, validity period, public key information and a signed hast of the certificate data.

Third party certification programme is an authority and authentication that ensures trust, privacy and safety between each individual, company and entities.


Defenses of third party certification programme

  • Confidentiality – it is refers to information held by an organization that it necessary to protect securely. For instance, bank must protect clients’ sensitive personal information. Clients want to be assured that information they provided for processing or storage is protected and only accessible to authorized users.
  • Authentication – it is requires evidence such as password or signature.
  • Availability – tools such as software and hardware help ensure availability.
VeriSign is the best known of the certificates authorities. VeriSign provides several of security and telecom services such as digital certificates and e-payments. VeriSign is the leading Secure Sockets Layer (SSL) which is certificate authority enable secure e-commerce, communications and interactions through web sites, intranets and extranets. SSL defined a protocal that utilizes standard certificates for authentication and data encryption to ensure privacy or confidentiality. Actually SSL is renamed as Transport Layer Security (TLS), however, many people never changed and still use it as SSL. For instance using SSL such as Maybank online credit card payments.


VeriSign Secured Seal is part of VeriSign®SSL Service. SSL assist deliver a secure and convenient way for everyone to interact over the internet. In addition, VeriSign Secured Seal is the most trusted security mark on the internet and gain confidence to complete everyone tasks or transactions.


Webtrust is a certification authorities that protected against unauthorized access. Since the information or transaction share with a website can be misused or stolen. The trust service security priciple addresses concerned by ensuring that business maintain secure sites for e-commerce such as e-payments.

Public key infrastructure (PKI) defined a scheme for securing e-payments using public key encryption and several technical components. It refer such as digital signature. Digital signature is a term used for marking or signing an electronic documents. It is based on public keys for authenticating the identiy of the sender of a message or document. There are exhibit shown that the process of digital signature.


In effect, third party certification programme is play a significance role for organization in Malaysia. They are provide trust, privacy and safety ensure that client’s personal information or transaction is protected and availabitlity over the period. Hence, the effectiveness of third party certification programme in enhancing security is sustaintable.

Reference:

http://www.verisign.com/

http://www.webtrust.org/index.cfm/ci_id/44946/la_id/1.htm

http://www.webtrust.org/index.cfm/ci_id/44946/la_id/1.htm




Saturday, June 20, 2009

Revenue model for Google, Amazon.com and eBay.

A revenue model is used by e-commerce to make money. There are 5 major revenue model includes sales, transaction fees, subscription fees, advertising fees and affiliate fees.

Google

Google is using online advertising space model to generate revenue. Google AdWords is offers PPC advertising program. PPC stand for pay per click determined by people click on the advertisement then only have to pay for one click. It is benefit for control cost and prospects geographically since people looking for information about the products and services online.

Google also have another revenue model which called Google AdSense. It is an advertising serving program. This program able make money through serving AdSense targeted to specific web content and search pages. Website owner enable text and video advertisement. This is same concept as cost per click basis. Advertiser is required to pay Google fees a user click on the advertisement. This is a way that Google AdSense generates revenue. For instance, radio stations gain revenue from advertisement. Google AdSense makes charge from number of viewer whose click on that advertisement. This is counted by number of viewers click on that advertising and taking them to the particular website. This is a way that Google AdSense generates revenue. For instance, radio stations gain revenue from advertisement. Google AdSense makes charge from number of viewer whose click on that advertisement. This is counted by number of viewers click on that advertising and taking them to the particular website.

In addition, Froogle is a price engine website and a service that people easily to search information of the product through sale online.


Amazon.com
Whereas, revenue model for Amazon.com is a direct online sales models. Amazon.com establishes a website as business and directly sells to people entering the store to make a purchase. Customers buy the product through a mail order catalog; therefore, the delivery is always by mail. All products can be delivered to the customers via downloading process.

eBay
One of the revenue models that eBay gain revenue through online commission model. Individual and companies can also be established as affiliates, where they gain commission for sales made through a company using the direct online sales model such as online company- eBay. Google also gain a commission for advertisement placed on others’ websites. eBay is an internet auction site that connects individual buyers and sellers worldwide. eBay also earns transaction fees from payment (PayPal). For fiscal year 2008, eBay generated revenue around $8.5 million which is increased by 11% compare to fiscal year 2007.

Reference:

http://www.school-for-champions.com/ecommerce/business_models.htm

http://www.organicspam.com/google_revenue_model.asp

http://www.google.com/products?q=froogle&aq=f

http://www.wikinvest.com/stock/Amazon.com_(AMZN)

http://www.wikinvest.com/stock/EBay_(EBAY)