Computers Essay Example | Topics and Well Written Essays - 1000 words - 1

Computers - Essay Example However, the issue of ethics in the utilization of technology has been overlooked for a long time now. According to a research done by Bush, Bush, and Orr (2010), many users find no need to conduct ethical procedures on the use of technological products. According to the research, such an activity would take away a lot of valuable time from the managers or computer technicians. The result, therefore, is a technological platform full of ethical loopholes and weaknesses. During the earlier days, technology was used as an instrument for exploitation. However, this is not the case anymore because many people use it to experience change. It is through this way that technology has been able to dominate activities in industry and trade amongst other significant sectors of the economy. Galimberti (2009), states that technology has not only taken over the economical domain of many countries and organizations but also dominated the political arena. Through technology, we are able to formulate different solutions for different problems and innovate new ways of doing things. Information technology is also responsible for the provision of information to everyone irrespective of time and location. Examples of such activities include the search of data and the formulation of computer applications that make it easy to conduct business. However, the burden of dealing with the ethical dilemma associated with technology lies squarely with business establishments, organizations or individuals. This is because there lacks a code of ethics in relation to the use of technology. For example, the rapid advancement of technology has made it impossible for nurses and other medical personnel to make sound and professional decisions. Advancements in technology... During the earlier days, technology was used as an instrument for exploitation. However, this is not the case anymore because many people use it to experience change. It is through this way that technology has been able to dominate activities in industry and trade amongst other significant sectors of the economy. Galimberti (2009), states that technology has not only taken over the economical domain of many countries and organizations but also dominated the political arena. Through technology, we are able to formulate different solutions for different problems and innovate new ways of doing things. Information technology is also responsible for the provision of information to everyone irrespective of time and location. Examples of such activities include the search of data and the formulation of computer applications that make it easy to conduct business. However, the burden of dealing with the ethical dilemma associated with technology lies squarely with business establishments, organizations or individuals. This is because there lacks a code of ethics in relation to the use of technology. For example, the rapid advancement of technology has made it impossible for nurses and other medical personnel to make sound and professional decisions. Advancements in technology bring about the development of new equipment for hospitals.

Establishing Money Exchange and Transfer Business Research Proposal

Establishing Money Exchange and Transfer Business - Research Proposal Example UAE has an extensive record of the money changers who are involved in exchange of foreign currencies and remittance. The process of remittances took place in the form of a third party money payment system, where the person may pass on the currency to the second party located within or outside the country. This service was utilized heavily by the emigrants in UAE. In the other countries money changers are prohibited, while in UAE and the other Gulf countries they are regulated, licensed, and supervised by the central bank. The money exchange and transfer industry in UAE comprises of more than 212 offices. These money changers utilize the banks, exchange houses, and even agents to take and receive remittances. Â  This system might appear to be informal, but they are formal contractual agreements, and their business is legal and well-established in UAE. The currency of UAE is Dirhams which is linked to the US Dollar. However, Dirham has remained constant more than a period of 20 years (Campbell, 2007, p. 354). Even the foreign exchange market in UAE is not centrally controlled by specific exchange. It is mainly run by the bank through ‘over-the counter’ and by the companies who trade in currencies. The currency brokers are there in the market to offer good deal in foreign exchange because the exchange rate is not the same. There are different prices on which currency is traded depending on the rates offered by the banks or companies into trading and fund transferring business.