Saturday, June 15, 2019
MLA Essay Example | Topics and Well Written Essays - 1500 words
MLA - Essay ExampleThe organization needs are that its services marketed, customers serviced and revenues earned. A units or divisions targets and objectives go out be achieved by by-line a strategy and implementing it. How making the goals and objectives public will aid in this seems doubtful. At the most it may serve the overall objective of the company of organism transparent in its dealings with its customers. Sharing companys objectives on issues like profitability may be even unwise.At the in operation(p) level, customers would be more elicit in the level of service he receives and the value he derives from his purchase of services. Information on targets and objectives will be irrelevant for the existing customer.A spic-and-span customer is unlikely to walk in after reading the objectives now made available to him, if at all in the first place he is induced to read it. Making the customers aware of the objectives is a subtle marketing exercise. If the manager in Thailand decides to target high net worth individuals and wants to add them to his account, certainly the wrong thing to do would be to post it on the notice board.An organizations strategic intent and image is better conveyed through its promotional efforts, especially if it has unparalleled and differentiated services to offer (focus on supporting technologies related to better environment). Making public short term and sensitive term goals could supplement such(prenominal) specific service offerings or be part of promotional efforts. Ultimately the process of creating new customers and retaining them is through a branding process. A customer will associate himself with a brand that identifies his needs and serves him beyond his expectations every time he comes for a service or a product. Banks and Financial services conk in an oligopolistic market and availability of mundane unit/division level information on the objectives is of no use to customers or potential customers. On the reve rsion such disclosures may aid competition by having information available in advance and draw up its strategies and plans to counter the moves of HSBC. This could create problems to mangers at operational level to achieve their business goals and targets.Overall there does not seem to be any advantages for HSBC to disclose its unit level and division level medium and short term objectives. Any communication to the public at large on such issues should be done as a promotional issue. Would you urge on that HSBC use the MBO process to reward investment funds bankers and analysts according to results, even though key factors influencing performance cant be precisely predicted or controlled ExplainThe typical investment banking functions of an organization is to provide advisory services related to the finance of the company, which are strategic in nature. This includes services such as mergers, acquisitions and divestures, way of public issues, management of cross border funds, fun d management, fund rising. Investment banking is frequently used as a catch-all term. In reality, banks are made up of many divisions and investment bankers perform a range of different functions. Traditionally, investment banking
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