Most Australian Shops Accept Payments Via EFTPOS but Not by Cheque.What

question 19

Essay

Most Australian shops accept payments via EFTPOS but not by cheque.What advantages does EFTPOS (and other electronic instruments)have over cheques for the shopkeeper? What are the advantages for the customer?

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Definitions:

Public Sector

The portion of an economy that is controlled by national, state, or municipal governments.

Empowerment Program

Organizational initiatives designed to increase employees' feelings of self-worth, decision-making power, and effectiveness within the workplace.

Productivity Results

Quantitative outcomes measuring how effectively individuals or organizations convert inputs into outputs, typically in terms of efficiency and effectiveness.

Assembly Workers

Individuals who specialize in putting together components of products in manufacturing plants or factories.