Business Research Methodologies Assignment Example | Topics and Well Written Essays - 1500 words

Business Research Methodologies - Assignment Example The world of banking finance is highly integrated with various kinds of complex concepts as well as various kinds of frameworks related to operating standards as well as legal issues. The integration of technology in its complex processes will no doubt help in better value generation for the customers while providing a level ground in regards to the competing of the financial organizations with each other. In this project, the focus is on gauging the impacts on the customers of Lloyd’s Bank with regards to growing general fascination towards internet banking. The research proposal for this topic comprises an introduction, a brief literature review as well as the method for conducting the research. Introduction The world of the 21st century promotes an environment where tremendous competition is a steady factor of everyday life of the masses around the world. The competition factor has become a constant issue in the modern day society mainly because of rapid technological chang es, which is coupled with fast paced development. The technological boom that has happened since the early part of the previous decade has brought into play a strong wave of technological enrichment of the lives of the masses in the developing as well as the developed countries. The technological boom of the early 2000s enrolled into effect tremendous amount of technological progress on the lines of telecommunication technology as well as the rapid acceptance and penetration of the internet. The high level of penetration of the internet has played a major role in creating a seamless virtual world in the internet domain, where there is no presence physical geographical boundaries. The virtual world which is connected through the internet platform has merged the various nations and countries around the world into a single entity. This has greatly facilitated the rise of various kinds of trends related to globalization and innovation. It has to be mentioned that the trends of innovatio n greatly facilitates in the process of new product development in various countries around the world. Interestingly, the virtual medium of the internet plays the role of communicating the value of the newly developed innovative products to the customers and target audience around the world thereby creating a typical trend of globalization. This trend of globalization, which might emerge from a market that can be either located in the developed or the developing region might result in the creation of demand for new kinds of products and services in various markets around the world (Doole and Lowe, 2008, p. 3). Sensing the demand for new kinds of products and services in various global markets, various organizations around the world are focusing on the process of market development. As a method of market development, the organizations which are based in a particular market are increasingly participating in entering in to foreign markets around the world. As per the current trend, due to the slowdown that is persisting in the economies of various developed markets present in the western nations of UK, Europe and USA, companies are increasingly focusing on new emerging markets of the BRIC nations. Thus, it has to be said that the development of business ventures of various international organizations is creating the need of highly dynamic

3D Printing in the world Research Paper Example | Topics and Well Written Essays - 2000 words

3D Printing in the world - Research Paper Example This technique is a modern technique which differs in many ways from the machine techniques that were traditionally used. The traditional methods relied on the methods involving removal of materials such as cutting. This is why they were known as subtractive processes whereas 3D printing is known as additive process. The 3D printing uses the digital technology and these printers were initially manufactured by China. These printers came in the late 1980’s and ever since then they have been increasingly used all over the world. In the beginning of the 21st century, as the digital technology became more popular and advanced, the growth in the sales of the 3D printers was greatly observed. The sales of these printers increased in various parts of the world where they were used for new and innovative purposes. Gradually, as the sales and the demand grew, the costs of these printers fell immensely since they were first manufactured. Some of the purposes for which these machines were used were in industrial uses, architecture, jewelry, aerospace, engineering, medical, education, information systems and many others (Griffith, 2012). 3D printing is the technology to create materials and objects using a sequential layers technique. The materials which are produced by using the layering process can be anywhere in the product life cycle. However, the subtractive methods of manufacturing objects can be used as traditional methods in manufacturing. 3D printing was invented by Charles W. Hull (Chuck). In the mid 1980’s when it was invented, it used a stereolithography technique. This technique used a UV laser which was shined in the vat of an ultraviolet-sensitive photopolymer, and then it traced the object so that it was created on the surface. The polymer would solidify wherever it was touched by the beam, and that beam would print the particular object layer by layer as per the instructions fed in the CAD/CAM file through which it is working. CAD file is comp uter-aided design and CAM is computer-aided manufacturing. Chuck also founded a company which was called 3D Systems. The company made stereolithography machines which expensive machines of over $100,000 used in commercial techniques. 3D Systems is still operating today and now it sells the 3D printers of advanced technology. There is a variety of printers that are manufactured using different advanced technologies ranging from entry-level kits to the advanced commercial systems. The company also provides on-demand services manufacturing parts for business users. Many businesses and industries use the 3D printers and they need the machines to be up to date and maintained. There are many benefits of 3D printing which is why it is immensely used in the world today. Many designers use the 3D printing techniques to rapidly design the concepts and turn them into 3D models or rapid prototyping. It also allows for the rapid design changes which enables the designers to carry out their work rapidly and smoothly using the up to date technologies. The manufacturers are also allowed to produce the products rapidly on demand rather than on large run, which also increases the management of the sufficient amount of inventory and reduces the warehouse space. 3D printing techniques can help the people living in remote locations to fabricate the objects that would be inaccessible to them otherwise. 3D printing must be a onetime cost because once the designers and businesses have bought the machinery for 3D printing; they can save a lot of material and money which is used in subtractive techniques of manufacturing. The material in this technique is drilled, cut and shaved off; hence raw material can be wasted. 3D printing is