Service sector - financial services, Operation Management

Service Sector - Financial Services

1. Explosion of customer choice 

2. Globalisation of financial services - extensive use of computer technology 

3. Innovation on both market, product range and service delivery - redefinition of financial products and outlets 

4. Mergers and takeovers due to deregulation particularly among new banks (old building societies)

5. Marked change in the perception of financial products

6. Threats to new and old distribution channels 

7. Growth of corporations - market dominated by a few players

Posted Date: 3/18/2013 2:47:59 AM | Location : United States







Related Discussions:- Service sector - financial services, Assignment Help, Ask Question on Service sector - financial services, Get Answer, Expert's Help, Service sector - financial services Discussions

Write discussion on Service sector - financial services
Your posts are moderated
Related Questions
What do you understand by “line balancing”? What happens if balance doesn’t exist?

Consider the following linear program: Max 1A + 1B s.t. 5A + 3B ?15 3A + 5B ? 15 A, B ? 0 a. What is the optimal solution for this problem? b. Suppose that the objective function i

Find the effective rate of interest for an investment that earns 5 (1/2) % per year, compounded continuously

During the past five weeks, you have written several papers examining various organizational behaviour problems that materialize in organizations. Review all of those papers and ot

A manufacturing facility consists of five departments, 1, 2, 3, 4, and 5.  It produces four components having manufacturing product routings and production volumes indicated below.

What is your understanding of the term: Brand Equity? How do marketers develop brand equity for their products/services relative to competition? Provide an example of a brand/produ

Mass Production and Continuous Flow Manufacturing  Continuous systems lie at the other extreme, where demand for a single product is sufficiently high to warrant the installa

A comprehensive safety assessment report contains both testing and hazard analysis. What types of safety testing would be performed on commercial aircraft to identify any design-o


A state department of tourism and recreation collects data on the number of cars with out-of-state license plates in a state park. (The group's position is that more out-of-state p