Wednesday, October 9, 2019
Informal Memo Proposal Coursework Example | Topics and Well Written Essays - 500 words
Informal Memo Proposal - Coursework Example The first proposal seeks to address the procedures that businesses can adopt when contemplating transactions with another business. The organizations can adopt proper consultation and procurement procedures to create room for growth and stay afloat in the market. The second proposal aims at finding the current strategies that are used by organizations to prevent credit card fraud and data breaches that happen behind closed doors. The data breaches and card fraud activities are illegal, and they hamper efficient operations that relate to customers and the organizations. The main purpose of proposal #1 is to address the b2b transactions for the interest of the customers and individual organizations. The transactions help business to institute pricing strategies, contracts and product and services as per the prevailing demands in the market. The primary aim of proposal #2 is to provide a platform that can be used to educate institutions on the methods they can take to prevent card fraud. Cards that are lost stolen or counterfeited affect consumers and businesses that offer the credit card services. The consequences come in the form of profits and legal action. Proposal 2 targets credit card companies, individual online business owners and legal entities that fight card fraud. The card fraud activities defraud shoppers, account owners that lose their card information to online thieves. For example, over 70 million Target Company customers lost their card accounts after the 2013 data breach hit the company. The cards were used later for illegal shopping activities. Analysis of business-to-business transactions will use pricing information, valuation strategies and innovations from individual companies. The strategies or procedures adopted by businesses provide an efficient mechanism for dealing with business dilemmas. Highlighting
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