Bank of Chase
Opportunities: The Bank of Chase, being a global financial services provider can have several growth and expansion opportunities. They should take up the opportunities of expansion and diversification. The Bank of Chase has built several core capabilities in the banking and fiancé segments. So it is possible for them to enter countries like India and China, where they can enter through joint ventures and explore these developing and booming markets. They can also improve their business by making use of opportunities through growing technological revolutions and automate their processes and build a strong information technology infrastructure. They should be able to further diversify their businesses by entering into joint ventures with other firms. Moreover, the current organization structure is highly centralized, hierarchical and traditional form of organization structure. This is not suitable for the operations of a global firm and if this is altered or changed, it can provide several opportunities. Threats
Competition is a threat to almost all business firms. Yet, as Bank of Chase operates in a highly competitive environment and is spreading its operations all over the world, competition becomes a major concern for Bank of Chase. It is essential for Bank of Chase to be able to stay highly completive by providing increased value to its customers in order to survive. Another important threat is the economic conditions which can lead to global financial crisis. Environmental uncertainty of a very high level can be a great thereat to a global business like Bank of Chase. It can cause unexpected changes in demand and supply related aspects and also cause several changes in the operations of Bank of Chase. All of this leads to several risks and uncertainties and also can lead to inefficiencies. The financial sector is greatly and gravelly impacted by economic changes and this can cause a great threat.
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