Question

Discuss the pros and cons of three online/mobile giving platforms. This means finding three different online/mobile giving platforms that can be used by your organization and assessing each of those platforms by its features in relation to its fit for your organization.

Answer 1

1) ONLINE BANKING =

PROPS>

A) DIRECT DEPOSITS TO THE CLIENTS ACCOUNT FOR FAST AND EASY BUSINESS TRANSACTIONS HENCE IT MAKES BUSINESS MORE CONVENIENT TO MY ORGANISATION.

B) ONLINE SERVICES OFFERS QUICK LOAN FOR EMERGENCY WITH BETTER RATES.

C) EASY TO USE THAN TRADITIONAL BANKING FOR EXAMPLE DIRECT DEPOSIT OF SALARY TO THOUSANDS OF EMPLOYEE WITH TOUCH OF BUTTONS.

D) OTHER BENEFITS ARE ONLINE BILL/TAX PAYING ETC.

E) IT IS ALSO ENVIRONMENTALLY FRIENDLLY.

CONS>

A) SECURITY ISSUES ARE THE MOST IMPORTANT CONCERN .

B) NO PERSONAL RELATIONSHIP WITH BANK.

C) IF BANK SERVER IS DOWN YOUR TRANSACTION EFFECT BADLY.

2) ONLINE STORAGE

PROPS>

IT OFFERS MY ORGANISATION TO KEEP ITS DATA SAFE WITHOUT HUGE INFRASTRUCTURE .

THE SERVICES ARE COST FRIENDLY .WE CAN WORK BEYOND TIME ZONE AND GEOGRAPHIC LOCATION. SPEED AND STORAGE BACKUP ARE OTHER BENEFITS.

CONS>

SECURITY AND PRIVACY ARE MAJOR CONCERN ABOUT ONLINE DATA STORAGE.

3) ONLINE MARKING AND ADVERTISEMENT PLATFORM

PROPS>

IT GIVES QUICK ACCESS TO THE CUSTOMER AND ALSO GET QUICK REVIEW.

MY ORGANNISATION GET HUGE PLATFORM TO SALE ITS PRODUCTS.

THE ONLY DRAWBACK IS SOME PEOPLE USE IT FOR DEFAMATION .