CHAPTER ONE 1. General Introduction Robust financial institutions provide an indispensable support to an economy. If the financial industry collapses‚ the whole economy is likely to collapse. This is evident from the current recession in the United Kingdom. In a bid to improve the activities of financial institutions‚ Information and Communication Technology (ICT) has been found instrumental and is adopted worldwide. ICT involves the use of electronic gadgets‚ especially computers and their
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CHAPTER 7 COMPETITIVE ADVANTAGE IN TECHNOLOGY INTENSIVE INDUSTRIES Frank T. Rothaermel ABSTRACT This chapter introduces the reader to the meaning of competitive advantage and posits that a firm’s strategy is defined as the managers’ theory about how to gain and sustain competitive advantage. The author demonstrates how a firm creates its competitive advantage by creating more economic value than its rivals‚ and explains that profitability depends upon value‚ price‚ and costs. The relationship among
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Technology solution for promoting e-banking in bangladesh EXECUTIVE SUMMARY E-business has been continuously growing as a new industry during the last decade(Van Hoeck‚ 2001). The banking industry has been leading this trend in recent years‚and now all banking transactions completing through internet applications is sometimes called e-banking. Some key issues addressed in the recent literature about the e-bankinginclude: customer acceptance and satisfaction‚ privacy concerns‚ profitability‚ operational
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��� Technology and Health Care Paper February 25‚ 2013 � Abstract� In the today ’s global world‚ technology has grown rapidly and there seems to be no signs of it ever slowing down soon. Computer software ’s have provided technological advancements in the health care industry. Consultants have become synonymous within the medical practices and community to provide a wide range of innovative ideas that is geared to making any organization thrive. ABC Consultants is a large prestigious organization
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Nathan Lucero Period 5 3/13/14 How Technology Changed the world Over the last five years‚ technology has been rapidly changing and expanding in every field imaginable. Smart phones are now capable of acting as standalone computer devices that can take pictures‚ search the Internet‚ send emails and text messages and yes‚ they even make phone calls. While it might seem that the technology of today has reached its limits‚ it is still actually spreading its proverbial wings. Only twenty
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LATEST TECHNOLOGY IN THE AUTOMOTIVE INDUSTRY INTRODUCTION: - Technology is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life‚ society and the environment. In the technical field‚ technology keep on having changes and variations because each and every day a new advancement is done to help people and make their life more easy by providing them by new and latest technology and resources in the market. BEGINNING: - Technology is widely
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I. Technology in the healthcare industry today and its impact The state of technology in the healthcare industry is that it is developing very rapidly. 10 or 20 years ago‚ you wouldn’t be able to find very many computers or technology at a typical doctor’s office. Most of the stuff was done with analog equipment and manual paperwork. Now‚ if you go into a doctor’s office‚ you will find it laden with advanced technical equipment and computer technology. You may not even find a pen or pad on the doctor’s
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The impacts of implementing a data warehouse in the banking industry Data warehousing in the financial sector Introduction In the modern banking and financial sector‚ there is keener and stronger competition and many enterprises are much more eager to get immediate and accurate information to make better and faster decisions. Furthermore‚ with many banks fighting to capture new customers and the rapidly growing need for larger amounts and more specific information‚ traditional databases are incapable
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music industry is the business of producing‚ recording and selling music through a number of different methods. These methods typical refer to recording and selling music through physical or digital means‚ including live performance. The product offered by the music industry are varied over years‚ from the very first beginning of tape cassettes‚ and then to CDs‚ till now‚ digital music records have become more popular comparing to others. Although the mainstream of production in music industry changes
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WORKBASED ASSIGNMENT DATE OF SUBMISSION 31/7/2010 DISCUSS HOW MICHAEL PORTERSCOMPETATIVE FORCES BEING IS APPLIED IN THE BANKING SECTOR Introduction: The banking Industry in kenya has tremendously changed its dynamics for the last one decade. Many banks have joined the industry both local and foreign. Notably‚ the no-banks financial institutions have been mushrooming by an alarming speed.. In any industry‚ including the banking industry‚ the nature of competition is always a function of the market
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