University of Phoenix
In this paper the subject to examine is the organizing functions of management structures within the Bank of America Corporation. The purpose of this examination will be to reveal how management structures at the Bank of America are specifically related to the physical assets and the monetary resources of the company. In essence, this brief analysis will illustrate how financial realities can have a significant impact on the management organization of any company, and the Bank of America specifically. Bank of America: Organizing Functions of Management
The organizational structures and functions of any company as determined by management decisions will have an important effect upon the way that companies relate to their physical assets and monetary resources. Understanding the nature of the relationship between management structures and the two aforementioned business elements can reveal much about the way that the company itself is organized, its goals, and its expected market performance. The purpose of this study is to examine the organizing functions of management at the Bank of America, incorporating an understanding of those functions in the broader perspective of the company’s physical assets and monetary resources. Through this relationship, it will be possible to see the Bank of America as a not-so-unique large corporation plagued by the kinds of problems that large corporate targets often deal with. In addition, it will become evident that Bank of America has consistently made management decisions that sacrifice the immediate needs of employees in favor of an improved bottom line. Bank of America seems possessed of two, very nearly contradictory, management styles. On some level, this represents a transition for the corporation as it becomes larger and larger and must increasingly face the kind of problems only associated with...