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What are Legacy Systems and 6 Reasons to Avoid It

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In this article, you will learn about what are legacy systems, along with examples. Moreover, by the end of the article, you will know the disadvantages of using these systems in your business.  What Are Legacy Systems? Legacy systems are outdated computing hardware or software that many companies still use. But, since it is an older technology, they cannot complement or integrate with the modern systems.  What are Legacy Systems with Examples Dell research reveals that 70% of federal organizations use outdated IT infrastructure to run essential applications.  That sounds true because if you look at the past, you see many cases of technological incompetency. The most notable legacy system example of failure is when the COVID-19 pandemic hit the US. There was a sudden rise in unemployment, and unfortunately, the US employment legacy systems couldn’t handle a profuse number of cases .  Why? Because the unemployment systems were developed on a language more than 40 years old, called COB
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Essay: Factors Effecting Dividend Payout Ratio: Evidence from Listed Shariah Compliance (Independent Variables)

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NOTE: This Essay is just for an Educational Purpose Photography Source: Pixabay The role of dividend in financial management field is very essential and it is one of the most controversial subjects. Arnott and Asness (2003) made several studies in order to know the effects of dividend on the growth of organizations. The main purpose of their investigation was to understand whether companies can grow and secure their future through dividends or not. The results of their studies concluded that the future earnings of an organization is found to be fast and increasing if the dividend payout ratio is high, and if the payout ratio is low, the future earnings are decreasing and slow ( Parsian and Koloukhi, 2013). Making dividend policies is one of the most important decisions, which are necessary to be made by the organizations and these decisions are responsible for the stability and growth of any organization (Ouma, 2012). The presence of Islamic laws and shariah in the fina
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ECONOMIC CRISIS AND DOWNFALLS

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At this stage of world many countries are more towards the economic crisis and issues. We think that only countries like Pakistan, India, Azerbaijan, Afghanistan etc are suffering from bad economy and there is all good in places like Dubai, America, England etc. And people are happy there. But the truth is something else. The big picture is completely change. In Dubai the economy level is getting less day by day. People working in Dubai from different countries like Pakistan, India, Bangladesh are getting suspended from their jobs, if not the 100% but still 45% to 48 % people are the catch of the animal known as Economic Crisis and Downfall. If we survey London, England. We will see many hotels, clubs, schools, restaurants etc running by DESI GUYS (Pakistanis, Indians, Bangladeshis). All the classes till the upper class are majority these DESI GUYS. And no doubt these people are contributing to the Princess Land. But the problem is now with the nationals of that city. They are joble
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Living in freedom

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In simple words we can define freedom as the state of being free. Freedom is the most important part of every individual living in any country. It helps making people more comfortable in sharing their ideas for the betterment of their country and people. We are not only talking about the freedom of the country but also freedom in the personal lives of each and every individual in this world. Every person has rights to live like the way he wants but there are rules which are compulsory for him to follow, like Religious Rules and Regulations. But after that there are many things in which if a person is not given any freedom then he or she would face many difficulties in living the life. A person lives a happy life if he is living in freedom, he can talk and discuss the way he thinks for right and wrong. A person not living a freedom life, experiences many difficulties. For example, your very own best friend commands on you every time, and you are like filling up your frie
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Importance of Education

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Education is the way to know and understand the things around us and to understand things around us clearly we need to be educated. Education gives us knowledge about how to live, how to work, how to talk. Education has always played a vital role in making mankind better than before, education does not only mean to attend classes of math and science but also there are other types of education too. People around the world go for different kinds of education like business education, music education, palmistry, engineering, social education, religious education and so many more. Education makes us a complete human and gives us a sense of understanding the good and bad things. It makes us able to realize things which are good and worse. It helps us in making different from an uneducated person, by the help of it we can talk gently to anyone. Like for example if there are two people standing, one is educated and the other one is illiterate or uneducated and we don’t know tha
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