Private Card Business Diversification

For example, Oxfam have now tried to gain popularity to give them the opportunity to raise more money. To achieve this, Oxfam have held charity concerts and festivals. This is diversification as it is completely different

At this level, each of the SBUs is viewed as its own independent entity, pursuing its own profit-creating goals (Rothaermel, 2013). While organizations with a corporate-level strategy with a single or dominant business would be best served by a functional structure, organizations seeking related or unrelated diversification would be wise to utilize a multidivisional structure (Rothaermel, 2013).

The report is based on the e-learning activity of week four and week six, which focuses and outlines the idea of diversities in organizational management and the role of structure and strategy. Blog four mentions about the interrelationship between the managerial structure and the strategy and how they each act to attain the goal and objectives. Blog six is based on linear programming.

The ability to understand and quantify risk, is of the utmost importance. This is something that can be used to define the precise ways that risk should have the ability to be managed, and the precise way that risk should be dealt with on a macro level. It is important to understand that risk management is an excellent medium in which risk could be mitigated. This is an important variable that must be understood in this case, as there are many potential risk areas that the firm must deal with. By taking on a macro integrated approach, the ability to understand with and better deal with risk will continue to be present.

David Jones Limited (DJS) is an Australian retailer tracing its origins back to 1838 when it first opened in Sydney to sell “the best and most exclusive goods” (DJS, 31 Oct. 2009). It has since expanded to become a national retail chain comprising of nearly 40 premium department stores. The subject of this analysis is a strategic business unit (SBU) that is playing an increasingly important role in the company’s future growth strategy; namely the provision of financial services. As the result of a strategic alliance with American Express (AMEX), DJS launched the David Jones American Express (DJA) card in 2008 (ASX Media Release, 20 February 2008). To effectively analyse the value proposition of this SBU and product it is important to

The growth of credit cards is 4.5 % which is higher than the average growth of industry which is only 0.9 %. Maybank is holding the number 1 in customer card base, billings and merchant sales. Several strategies are implemented by Maybank to sustain the position in credit card industry. For example, reposition the value of proposition and carry out year-long tactical campaigns are parts of the strategies. This may promote the credit cards to the targeted customers. Several awards received by Maybank also show the strength of them in this area throughout ASEAN. Since Maybank is the leader in credit cards market, the future of credit cards is expected to be optimistic. Thus, Maybank may put more efforts to gain more in credit card market in

Compare and Contrast Theories of Risk Management to Identify Areas in Need of Further Research

Firms that have selected a related diversification corporate-level strategy seek to exploit a. control shared among business-unit managers.b. economies of scope between business units.c. the favorable demand of buyers.d. market power.

business: Managing risk in a complex and connected world. Revue Management & Avenir, (74), 159-173. Retrieved from Business Source Complete Database.

As discussed in Finding 1, diversifying revenue streams ensure the sustainable development of the organization. I recommend

In healthcare, risk management is an effective process for recognizing potential risks and utilize the appropriate strategy to ensure that the risks handled in the proper way. An efficient solution makes it effortless for organizations to respond immediately to a potential loss. Segregation of loss exposures is a risk control that management uses as a prevention to avoid the entire organization from suffering. Segregation of loss exposures protects the entirety of an organization from taking a loss by organizing a company assets and activities if a loss transpires. Resources that are separated are a way to ensure that an organization is safe, and their loss will not have an impact on other areas. For instance, if a company has a direct loss

As a compliment to the internal strengths of a business, external opportunity factors have the potential to make a NextCard more enduring and profitable.

In order to develop an effective marketing plan a company must understand its best and current customers. Smart Card LLC, the experts on card solutions, enables companies to perfect frequency marketing. In the past, loyalty programs have been difficult to implement. Smart Card LLC has overcome those obstacles and created a one of a kind product that lessen the costs, lowers complexity, and minimizes bookkeeping; all required to implement a successful loyalty program.

Problem Statement: Alpen, a Swiss bank, which was positioned in high earner segment, is contemplating international expansion for its credit card business in Romania market. Carle, Alpen’s country manager, was trying to pursue this plan if he could prove by analysis that within two years it will be able to generate €5 million of annual profit to the Consumer Bank segment. The Romanian consumer lacked experience in using credit cards which made it difficult for the bank to determine credit card limits and set interest rates which would attract

The single and dominant business strategy, which denote relatively low levels of diversification, more fully diversified firms are classified into related and unrelated categories. A firm is related through its diversification when there are several links between its business units; for example, units may share products or services, technologies, or distribution channels. The more links among businesses, the more constrained is the relatedness of diversification. Unrelateness refers to the absence of direct links between businesses.