...Case Analysis of Bank of America: Mobile Banking Marcus J. Durr Professor Trittipo AMBA 650 Section 9047 January 31, 2012 Abstract During the tough time for the banking industry when many banks have gone into bankruptcy or have began add numerous fees to their service in order to stay afloat; Bank of American (BoA) has also experienced some of the effects of the financial crisis. In an effort to weather the storm BoA began to incorporate mobile banking. While its competitors were implementing their own mobile banking through mobile apps, mobile web, and short message system (SMS), BoA focused on the mobile app and mobile web only. This case analysis takes a look at some of the major strategic issues and problems, such as BoA leaving out a portion of their target market by opting out of using SMS, which left a portion of their market base outside in the cold. However there are some positives, that BoA realized and took swift action to capitalize on the fast emerging market of mobile banking. In the conclusion, recommendations are given on what BoA can do to keep a stable position in the future, as mobile banking will have a huge impact on the banking industry. Case Analysis of Bank of America: Mobile Banking In the banking industry Bank of America has grown to become a household name and evidence of their marketing efforts through all channels can be seen just about everywhere you go. Over the past few years the banking industry has surly gone through some turbulent...
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...development of the application is very expensive. Second, it should classify its market segments based on Exhibit 3b (Global Consumer and Small Business Banking, Global Corporate and Investment Banking, Global Wealth and Investment Management) then designs a specialized application based on the needs of the target market. The advantage is that it would step ahead of its competitors in providing customized solution for each market listed above. In turn, it will increase customer satisfaction and that would lead to expand its current market in each segment. This will result in increasing mobile banking by integrating BOA’s business line spreading its platform to increase more market coverage.... 2. Case Analysis of Bank of America: Mobile Banking Case Analysis of Bank of America: Mobile Banking Marcus J. Durr Professor Trittipo AMBA 650 Section 9047 January 31,...
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...Kamryn Frazier Mrs. Foster 10th Honors Lit/Comp Summer Reading A Long Way Gone: Memoirs of a Boy Soldier by: Ishmael Beah Chapters 1-4 Quote Selection and Theme Analysis Theme: The Horrors of War “The sound of the guns was so terrifying it confused everyone. No one was able to think clearly. In a matter of seconds, people started screaming and running in different directions, pushing and trampling on whoever had fallen on the ground. No one had the time to take anything with them. Everyone just ran to save his or her life. Mothers lost their children, whose confused, sad cries coincided with the gunshots. Families were separated and left behind everything they had worked for their whole lives”(p. 23). This quotation...
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...society soon falls and the children's innocence turns to evil. Another book with an underlying argument is “Animal Farm”. This book is giving a warning about the fallacy of the idea of communism and that an uninformed working class will always easily fall into manipulation. Lastly another example is a children's text and now movie “The Lorax”. This text shows that without regard for our environment and without taking care of it, we will end up living in a dump. This is shown through the Lorax’s warning to The Onceler to not cut down the trees, and once he does the environment around them is...
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...other nations. The book addresses some technological and economic problems and well as explaining empires and republics on the rise during the following decade. The Next Decade is a comprehensive and remarkable analysis that encompasses the issues and benefits for being a super power. The United States has unintentionally become a global empire, and the role of the United States President is to serve as the world’s most important political diplomat. It is noted that the President must be able to at least promote the quintessential virtues, ethics, and tradition of the one of the greatest countries in the world. The greatest battle of the decade is predicted to be how the United States will react to leadership that will be interested in the economic dealings rather than serving the American people. Friedman made a bold and unshakable declaration: America is an imperial empire. He gives the overview of what America will be facing in the upcoming years which includes balance of power. Also America could lose itself as a Republic. The book starts with a summarized historical background and explains current political situations that are happening globally. It then analyzes each geographical region and assessment plans. The Next Decade is a comprehensive and remarkable analysis that encompasses the issues and benefits for being a super power. A main theme of the book is how the American administrations of the next ten years will need to create global power balances. Friedman describes...
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...Store Analysis Rachelle Juarez FIN/571 March 22, 2012 John Triplett Store Analysis Guillermo’s Furniture store was hit by companies that are now his competitors. Guillermo’s furniture store has been losing profits and needs to consider other options. The paper will cover Guillermo’s different choices and consider doing some of his business overseas. Guillermo furniture store has been running for over ten years and has been profitable. Then the competitors moved in and brought down the profits for Guillermo. Budgeting Guillermo watched the other furniture stores operate in different aspects to make profits. Guillermo’s flex budget was close to his units budgeted to his actual. From the data collected in the previous analysis the budget and actual cost will be close. Guillermo will try to get the variance analysis close from being significantly lower. Guillermo carefully studied the other companies and how each of them operated differently and improved his or her profits. Weighted Average Cost of Capital After doing the weighted average cost of capital, Guillermo came up with 15.7% in 2010 weighted debt. Guillermo also came up for 2011 17.5%. After confirming the weighted debt Guillermo’s asset, liabilities, and total equity improved by a slight margin from 2010 to 2011, but the debt increased. Guillermo should worry about risk. His business has lost in profits, but the total liability and equity have stayed the same in the two year comparison. The comparisons have...
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...around your Neck Essay: Analysis and acknowledgement The main theme in the text ”The Thing around your Neck” must be that outstanding culture clash a lot of hope full immigrants in America are exposed to. Just from the very beginning we experience that the main character Akunna from Nigeria has very high thoughts of going to America. Her family is also very convinced that it is going to be a huge thing for her, they are expecting her to send them presents and they tell her; “In a month, you will have a big car. Soon, a big house. But don’t buy a gun like those Americans” (p. 57 l. 3-4) And this trip she won did turn into a huge thing, - but it resulted in an acknowledgement of not belonging to America and a home journey. The first thing Akunna realizes when she arrives at her uncle’s house is that black and white people do not have the same rights, because they for instance not aloud to use the same hairdresser. The uncle also tells that; “The trick was to understand America, to know that America was give -and- tak. You gave up a lot but you gained a lot too” (p. 58 l. 14-16) You have to put up a lot to obtain something, - maybe even less than you gave up. The uncle, who explains this, is a black man, so it shows that he has just accepted the conditions and the way it is. The inequality between blacks and whites is deep-rooted and universally accepted. When the uncle starts to abuse Akunna we learn that she is a strong person, - she gives up everything an leaves. The...
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...108 Armory Kaiser 27 February 2012 A Better Life Movie Analysis In the movie A Better Life, the Main Character Carlos Galindo is an undocumented immigrant from Mexico who started working as a day labor worker when he first arrived in the country, however he has had steady work from Blasco Martinez who owns a gardening business which he tries to convince Carlos to buy from him as he says he is moving. The idea of being self employed is very appealing to Carlos but he knows he can never afford to do so and the risk of getting caught and deported is very high. Carlos has a son Luis who is reluctant to go to school on a daily basis and gets into trouble as he is influenced by his friends who are part of the South Central gang life style. Carlos and his wife came from Jalisco which is a state in Mexico which is primarily made up of several small villages where "Charros" or Mexican cowboys would get married and head north to start a new life in America. Carlos believed that life in America would be simple in which if you worked hard opportunities would present themselves and you could be happy, that unfortunately was not the case and Carlos's wife ended up leaving him alone with their young son Luis. The main difficulties that Carlos and Luis face are that they live in a rough neighborhood in south central Los Angeles and even though Carlos has what seems to be a steady job with Blasco, Carlos is unable to save up the money needed to move to a better location. The biggest...
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...500 of Fortune top American companies. Currently Publix based on 2011 figures Publix is the 14th largest retailer in the United States. Publix Mission Statement, Our Mission at Publix is to be the premier quality food retailer in the world. To that end we commit to be: * Passionately focused on Customer Value, * Intolerant of Waste, * Dedicated to the Dignity, Value and Employment Security of our Associates, * Devoted to the highest standards of stewardship for our Stockholders, and * Involved as Responsible Citizens in our Communities ("Publix", 2012). If I was mutual fund manager and I was presented with an opportunity investing into a Publix, I would make sure that a through and adequate analysis would be conducted. The type of analysis I make sure that got conducted would focus on the strengths, weakness, the opportunities, and threats against. I would make sure that I...
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...more technological development and more rapid changing way of life. Mass media are important in spreading awareness of new possibilities and practices. Research has shown that even thou group of public can obtain information from impersonal sources such as radios and television; this information has little effect on behavioral changes. Self-management is seen as the most developed form of participation. This principle implies the right to participate in the planning and production of media context. In all of these, development played a very important part of the movement for a new world information and communication. Modernization Theory in the 1950s and 1960s and fall of the theory in America and Russia were booming economically and ideologically. This is after Stalin’s Five Year Plan and America recuperating after the Great Depression. It was believed that Third World countries could develop if they adhere to modern values and drop traditional ones. Societies could develop if they were exposed to new ideas and technology. Theorists assumed the following: underdevelopment was a stage towards development; once the process was started it would flow relatively smoothly. The fall...
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...week we were asked to select two of the five nonfiction texts from our week four readings. After thoughtful consideration, I have chosen to write my reaction paper about “On Going Home,” by Joan Didion and “Who Will Light the Incense When Mother’s Gone?” by Andrew Lam. In any form of writing the reader can find various literary elements such as plot, character, setting, theme, and point of view. Also when a writer writes they have a purpose in mind. The writers purpose might be to inform, persuade, or entertain their readers. The writer may also want to describe something to the reader. In both “On Going Home,” by Joan Didion and “Who Will Light the Incense When Mother’s Gone?” by Andrew Lam I consider the theme to be the main element of both essays. In “On Going Home”, Didion’s theme is that of belonging and family. In Didion’s text, she makes use of three of the four main purposes of writing. Didion’s very first sentence is informing the reader as to why she is going home. The sentence reads “I am home for my daughter’s first birthday.” (Barnet, Burto, & Cain, 2014, 20111, 2007, 2005, 2003, p. 636) Didion also describes to the readers what her visits are like when she returns to her childhood house that she grew up in and why her husband does not like for her to take this trip. Didion also preserves the reader attention by keeping them entertained with her choice of particular dialect that transpires when she gets together with her family. Throughout her essay...
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...automaker as measured according to the global industry sales. GM is the proud sales leader in the automotive industry for the for the last 77 years. As of 2008, General Motors employs about 266,000 people around the world. It manufactures its cars and trucks in 35 different countries. The famous brands under the umbrella of GM are Buick, Cadillac, Chevrolet, GM Daewoo, GMC, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall, and Wuling. In 2008, General Motors was the ninth largest publicly traded company in the world. In recent years the company has faced significant financial turmoils, including a 38 billion dollar loss in 2007. General Motors Today: From 1908 to 1976, it had grown expansively. But today its market share has gone down and together, with challenges posed by economic conditions, in the form of increasing healthcare costs and fuel costs and cut throat competition GM is facing a tough time in maintaining its profits. GM is deriving its 100% profits from financing cars and not from the sales of vehicles. Internal factors that account for this decline are the failure of the company to adapt to the changes in the environment such as the consumer preferences and technology, lack of differentiation applied to products and lack of effective cost leadership strategies to efficiently manage costs. Mission Statement: General Motors is devoted to be a leader in providing transportation products and services of such quality that its customers will receive superior...
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...highest percentage in the developed world.” stated Paul Harris in The Observer, June 8th 2006. Since then, the US has suffered a far worse economic downturn that has increased these statistics. It has become almost next to impossible for people who are in the lowest income level group to move up the mobility ladder which has become the dreams of many Americans. The American Dream is a very broad and general ideal. There is no real definition of the American Dream because each person interprets it differently. For some people it might be fame, some people might view it as better education, and for some others, it might be as simple as a better future. For most people, the American Dream means material prosperity, but many people in the US are still struggling to make ends meet. The American Dream, which has become synonymous with success and material prosperity, is no longer attainable for everyone since not everyone has equal opportunity. For most of its history, especially in the mid-19th to early 20th century, the US has been known as the “land of opportunity.” A myriad of immigrants from all around the world crowded and congregated into a land that was once far from developed. They came to America and started a new life, hoping to have a better future. The American Dream they envisioned was higher pay, a better job, and a better quality of life. While all of that may have been true in the past, it is not so true anymore. Many people have not reached the so-called American Dream due...
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...Inequality for All After watching this extra-ordinary and well presented idea of inequality in United States of America by Robert Reich I kept on thinking for hours as I see many of the workers all around every time and every day I come across so many people who are low-waged and living a middle class life. I feel myself as one of those middle-class person as I see them surviving the odds and still trying to lead a respectable life. Since I got deeply touched by the documentary here are some points that I would like to discuss regarding my reflection about inequality for all. Inequalities of many kinds exist in our society. The society itself is a big structure of many social divisions. We can divide any society in many social groups like religion, caste, class, sexism, racism etc etc. The biggest difference in all of us comes with class that is lead by our capacity to consume. The main criteria for division in social class are dominated by occupation and property. We can never fully eliminate this inequality factor among us, however it can be managed by state to provide welfare to its citizens. Here, our main focus is inequality of social class. The distribution of wealth is unequal and half of the wealth of entire country is possessed by only few men. Giant fast-food companies have the largest gap between the pay of CEOs and workers of any industry, with a CEO-to-worker compensation ratio of more than 1,000-to-one. The practical choice isn’t between capitalism and Welfare-state...
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...Situation Analysis: Steam Whistle Brewing, a Toronto-based brewery, seems to be leading the way with their revolutionary “green” initiatives. They have structured their company with the environment in mind. From brewery bi-products to employee commutes, this brewery has looked at all things to make their company as “green” as can be. The steps that they have taken are especially significant in our present time due to the increasing demand in supporting the environment. Throughout this case study, I will go over the different aspects of this brewing company. I will analyze their strengths, weaknesses, opportunities, and threats. I will then go on to determining the problem that this company is facing. To conclude, I will offer a few alternatives that could help with their problem, along with recommendations. SWOT Analysis: Strengths: - create beer with exceptional quality - It is free of genetically modified organisms - Uses environmentally friendly fuel alternatives - Reduced carbon dioxide emissions - State-of-the-art brew house - Strong sense of environmental responsibilities Weaknesses: - Only 1 product - Not enough product advertisement Opportunities: - Market unique “green” technologies - Acquire other smaller firms to grow - Expand production and distribution Threats: - Rising beer prices - Entry of new competitors in “green” beer - Lack of consumer dedication Problem Statement: As the article says, this company has taken great steps...
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