Haney, "Business may be defined as human activities directed towards providing or acquiring wealth through buying and selling goods". This definition includes activities relating to the production of goods.
As the liabilities that came with the last acquisition have increased workforce, process improvement needs to be carried out to reduce the cost of operations, therefore, increase the net income and profits. Raising capital and debt Diluting the ownership of FWC would be providing enough assets for the bank to make the necessary improvements, change the profile of the company from mortgage lending to investment banking, advice and savings, which would not be as profitable short term as lending, however, it would provide more securities for stakeholders and increase the asset of the company.
Raising capital through increasing equity, issuing new stocks and increasing investments would be good methods to follow, according to Zhou, Strengthening market position In order to strengthen its market position, the Wells Fargo Bank needs to re-position its different services and create an image that would attract both high profile private and business investors, looking for financial services.
The consolidation of mortgage debt would be the most challenging task during the year; however, with securing more investments, issuing further securities during the year, the goals set in the projected balance sheet could be achieved.
International expansion with reduced number of offices, but safe online services, such as offshore and international banking or investment portfolio management can be achieved at a considerably low investment budget. Evaluating the market, needs, competition and current products would be the start of a long term project to create a strong company with a healthy balance sheet and high standard international financial products and services.
This would involve investments into IT, but the company already has human assets to use. Bank of America-Merrill Lynch vs.
Journal of Case Research in Business and Economics.This course intends to develop good communication skills in students for their future jobs and endeavours in the corporate world so that they can gain a cutting edge. A Los Angeles Business journal article explained that billions of dollars are lost due to insufficient writing skills among business people.
It happens, for example, when a customer does not understand the email, marketing tool, or proposal by a company because of wrong grammar or awkward style and tone. Fundamental principles of writing business letter, 7 c’s 1. Describe the Chief qualities of a good business letter?
Or 7 C’S OR Fundamental principles of writing business letter INTRODUCTION: The art of business writing is the need of twenty first century. readers of business documents have expectations about how those documents should appear.
• Increase the readability of your writing by applying standard formatting. Chapter 9 Formatting Letters, Memos, and E-Mails CASE spacing between the date, inside address, greeting, letter body, and . Through your business communication you seek to achieve a resultant action, and you want to convince the reader to make it.
Business writing can take various forms and may target wide cross sections of a potential audience, each of which will have a different set of needs and requirements. Technology based: The development of business ethics is possible on the basis of theological principles, such as service, human welfare, sincerity, good behaviour etc.