Emergence of a specialist banking organization

Assignment Help Other Subject
Reference no: EM132815672

People need a variety of banking services today, but which specific services they need varies by income. High-income persons need various types of wealth management services. Middle-income persons need depositing and checking services. Lower-income persons services such as cash advances on their paychecks.

In the 20th century, organizations called commercial banks (e.g., Wells Fargo, Bank of America) followed a generalist strategy of providing appropriate services for both high-income, middle-income, and low-income persons. Assume for this question that economies of scale are possible for depositing and checking services-as a bank gets larger, it is able to offer depositing and checking services to customers more efficiently and/or inexpensively.

a) (According to the resource partitioning hypothesis, what would have to be true of the environment for us to see all commercial banks continue to adhere to the generalist form?

b) According to the resource partitioning hypothesis, what would have to be true of the environment for us to see at some point the emergence of a specialist banking organization like a payday loan company, operating in a separate niche?

Reference no: EM132815672

Questions Cloud

What adjusted cost of goods sold that would appear : What adjusted cost of goods sold that would appear on the income statement for November is? The balance in the Finished Goods inventory account
Identify main social groups and social institutions involved : Identify the main social groups and social institutions involved. You do not have to include every possible group or institution, just the main one/s involved i
Do you currently have fixed or growth mindset about college : Do you currently have a fixed or growth mindset about college? How do you know? Use a quote or example from the text to connect with your own mindset
What the volume variance will be : If standard hours allowed for actual output equal this predetermined activity level for a given period, the volume variance will be
Emergence of a specialist banking organization : According to the resource partitioning hypothesis, what would have to be true of the environment for us to see at some point the emergence
What is the holding cost over two weeks : What is their holding cost over two weeks if they ship from China every week? Consider a consumer packaged goods (CPG) manufacturer that sells a product
Four dimensions of the myers-briggs type indicator : 1. Briefly explain the four dimensions of the Myers-Briggs Type Indicator. 2. Explain how cognitive and social-learning theories explain your self-image
Make schedule of expected cash collections for november : Make Schedule of Expected Cash Collections for November and December. Merchandise Purchases Budget for November and December.
Three components of social class : If you were forced to choose between Weber's three components of social class, which component would you choose to have for the rest of your life: property

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd