banks. The reason being that the control systems in any organization is a pillar for an efficient accounting system. The need for the internal control systems in the organizations, especially banks, cannot be undermined, due to the fact that the banking sector, which has a crucial role to play in the economic development of a nation is now being characterized by macro economic instability, slow growth in real economic activities, corruption and the risk of fraud. Fraud, which is the major reason
Words: 5108 - Pages: 21
PRECISION RESEARCH & DESIGN Bank of America Mobile Banking Ashlee Blair Daniel Carey Stephanie Fortna Brandi Stricklin 8/4/2011 Table of Contents Introduction: Main Challenge ……………. 2 Industry Description ……………………… 3 Brand Analysis…………………………..... 8 SWOT Analysis………………………….... 10 Business Model …………………. ………. 13 Digital Marketing ………………………… 16 Suggested Solution ……………………….. 21 Exhibits …………………………………… 23 References ………………………………… 26
Words: 5890 - Pages: 24
Hidden flaws in strategy Charles Roxburgh The McKinsey Quarterly, 2003 Number 2 After nearly 40 years, the theory of business strategy is well developed and widely disseminated. Pioneering work by academics such as Michael E. Porter and Henry Mintzberg has established a rich literature on good strategy. Most senior executives have been trained in its principles, and large corporations have their own skilled strategy departments. Yet the business world remains littered with examples of bad strategies
Words: 4531 - Pages: 19
The Evolution of FinTech: A New Post-Crisis Paradigm? Douglas W. Arner* Jànos Barberis** Ross P. Buckley*** Abstract: “Financial technology” or “FinTech” refers to technology enabled financial solutions. FinTech is often seen today as the new marriage of financial services and information technology. However, the interlinkage of finance and technology has a long history and has evolved over three distinct eras. FinTech 1.0, from 1866 to 1987, was the first period of financial globalization
Words: 8582 - Pages: 35
With Big Data Comes Big Responsibility (https://hbr.org/2014/11/with-big-data-comes-big-responsibility) Big data and the “internet of things”—in which everyday objects can send and receive data—promise revolutionary change to management and society. But their success rests on an assumption: that all the data being generated by internet companies and devices scattered across the planet belongs to the organizations collecting it. What if it doesn’t? Alex “Sandy” Pentland, the Toshiba Professor of
Words: 2403 - Pages: 10
* Pakistan Journal of Social Sciences | Year: 2009 | Volume: 6 | Issue: 4 | Page No.: 181-189 | | Impact of Internal Control System in Banking Sector in Nigeria | | Olaoye Clement Olatunji | | Abstract: The Central Bank of Nigeria reported that the backward development in Nigeria was attributable to weaknesses in the internal control systems of the banks. This has clearly pointed out the picture of how fraud has been penetrated in the financial strength of Nigerian Banks. In
Words: 5433 - Pages: 22
Ireland, Rise and fall of the Celtic Tiger INB-300 International Business Abstract This paper will attempt to summarize the rise and fall of the Irish Celtic Tiger. The paper will begin with a brief description of Irish history and religion. A map will be utilized as a reference to provide Ireland’s geographical location and reference to other European nations. The paper will discuss the factors that influenced the Irish name “Celtic Tiger” and the rise thereof. It will examine Irish policy
Words: 3067 - Pages: 13
Charles Schwab in 2008 1. Analyze the competitive structure of the brokerage house industry using Porter’s five forces model. What are the principle drivers of profitability in this industry? How have changing regulations, demographics, and technology impacted competition over the last two decades? Five Forces Analysis assumes that there are five important forces that determine competitive power in a business situation. These are: 1) Bargaining Power of Supplier 2) Bargaining Power
Words: 3270 - Pages: 14
21510 Global Context of Management Online Travel Agency – UK Table of Contents Introduction 3 Global View 4 PESTEL Analysis 5 Porters Five Forces 6 Appendix 1: PESTEL Analysis 7 Political & Legal 7 Economic 8 Social/Cultural 9 Technological 10 Environmental 11 Appendix 2: Tables & Graphs 12 Appendix A 12 Appendix B 12 Appendix C 13 Appendix D 13 Appendix E 14 Appendix F 14 Appendix G 15 Appendix H 15 Appendix I 16 References
Words: 3814 - Pages: 16
on Nepalese society and the economy. METHODOLOGY The methodology that I have used to collect information has been secondary data research. All the required data, facts and figures have been looks upon on Nepal survey report 2010 and from the internet. EXPLANATION The exact unemployment rate in Nepal has always been debatable. Some agencies report it to be around 20 percent while others report it to be around 40 percent. So, the unemployment rate of Nepal depends
Words: 1239 - Pages: 5
