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10 Benefits of Social Media for Business

There was a time when social media was considered by some as a passing fad. Something that “the kids” were using that businesses could never really benefit from. Over time, the skeptics were proved wrong. There are over 3 billion internet users—and over 2 billion of them have active social media accounts. Popular social platforms have become marketing giants, offering businesses valuable data about their customers and a (mostly) free way to reach them. The jury has spoken: social media for business is no longer optional.

If you’re wondering how social media can benefit your business, look no further. We’ve outlined key points below.

1. Gain valuable customer insights
Social media generates a huge amount of data about your customers in real time. Every day there are over 500 million Tweets, 4.5 billion Likes on Facebook, and 95 million photos and videos uploaded to Instagram. Behind these staggering numbers is a wealth of […]

2017-12-14T09:59:28+02:00December 14th, 2017|Other, Recources, Syllabus Topics|

Risk Management in the Food Industry: Who’s Really in Charge?

March 8th, 2017
All along the food chain — from producers and processors to retailers and consumers — safety risks exist. Food is susceptible to contamination at many points in its journey. For food processing plants, this means it is necessary to establish and maintain strict, proactive practices for safe food production and handling. But, ultimately, who’s in charge of this effort? Where does responsibility for food safety risk management reside?

It’s critical to understand who’s really accountable in terms of managing your plant’s food safety risk. Is it one person or many? Is it a single department or the entire company? In this article, you’ll uncover the answers to these questions and identify opportunities to strengthen risk management within your organization and at your facility.

Identifying the Responsible Parties
The Centers for Disease Control and Prevention (CDC) estimates that roughly 48 million people suffer from a foodborne illness annually, including 128,000 who […]

2017-12-14T09:56:23+02:00December 14th, 2017|2017 Case Study, Other, Recources, Syllabus Topics|

The World’s Biggest Starbucks Has Augmented Reality

December 8, 2017

Starbucks has made its latest and biggest outlet even bigger, with augmented reality.
The coffee giant will on Wednesday open its new 30,000 sq ft premises in Shanghai, its biggest outlet in the world to date.
The outlet is also a Starbucks Reserve Roastery, its premium-brand segment dedicated to specialty beans and brewing methods.
So to take new visitors through the more complex processes, it’s released an AR app that will deliver a tour of store’s equipment.
For example, pointing your phone at the copper cask will show you exactly what happens after your beans get transported there, complete with a video of what happens inside the cask.

Read more @ … http://mashable.com/2017/12/05/starbucks-shanghai-outlet/#EMO7YHUg5aq3

2017-12-14T09:35:59+02:00December 14th, 2017|2017 Case Study, Other, Recources, Syllabus Topics|

AI Comes to Work: How Artificial Intelligence Will Transform Business

Artificial intelligence (AI) is not a new concept. The modern field of AI came into existence in 1956, but it took decades of work to make significant progress toward developing an AI system and making it a technological reality.

Today, AI and its commonly cited subset of machine learning are common, especially in the business world. Most of us interact with AI in some form or another daily, but the truth is there are vast applications of the technology, from the mundane to the breathtaking. As AI and machine learning further proliferate, they are becoming an imperative for businesses that want to maintain a competitive edge.

AI and business today
Rather than serving as a replacement for human knowledge and ingenuity, AI is generally seen as a supporting tool for the humans. Although AI currently has a difficult time completing common-sense tasks in the real world, it is adept at processing and analyzing […]

2017-11-15T19:11:00+02:00November 15th, 2017|Environments, Other, Recources, Syllabus Topics|

Risk

Survey shows which digital risk motor insurers find the most challenging
by Terry Gangcuangco 25 Jul 2017

It looks like providers of motor insurance in the UK are doomed, at least when it comes to digital risks – a new study found only 18% of surveyed insurers believe the industry is fully prepared.

According to LexisNexis Risk Solutions’ report “Facing up to the challenges of digital risk,” UK motor insurers find the following as the most challenging digital risks:
• Email Security and Data Protection – 35%
• Identify Theft – 35%
• Cyber Crime – 27%
• Connected Technology and Social Networks – 26%
• Malware Spread – 16%

“This response reflects the huge volume of online transactions in this sector of the market and the constant threat of fraud, highlighting the importance of data used for accurate verification at point of quote as well as industry concerns over the protection of personal and behavioural data through connected […]

2017-07-27T14:07:23+02:00July 27th, 2017|Other, Recources, Syllabus Topics|

Interesting bits

Conflict Resolution

There was once an Englishman and a Scotsman who lived next door to each other. The Englishman owned a hen and each morning would look in his garden and pick up one of his hens eggs for breakfast.

One day he looked into his garden and saw that the hen had laid an egg in the Scotsman’s garden. He was about to go next door when he saw the Scotsman pick up the egg. The Englishman ran up to the Scotsman and told him that the egg belonged to him because he owned the hen. The Scotsman disagreed because the egg was laid on his property.

They argued for a while until finally the Englishman said “In my family we normally solve disputes by the following message: I punch you and we time how long it takes you to get back up, then you punch me and we time how long […]

2017-06-23T16:05:26+02:00June 23rd, 2017|Other, Recources, Syllabus Topics|

Current affairs in banking industry

Nedbank launches Africa’s first interactive ATM

Nedbank officially launched the very first Interactive Teller and Banker ATM on the African continent, and in so doing, becoming the second bank to do so in the world.
Nedbank launches Africa's first interactive ATM
The device effectively transforms a conventional ATM into an interactive on-screen banking session with teller anytime of the day or night. This ATM also responds to the growing trend and need for business and individual clients to make large deposits and withdrawals at unconventional business hours. It allows card-less deposits […]
2016-12-05T12:33:15+02:00December 5th, 2016|Environments, Other, Recources|
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