Banking Industry

SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton

As Head of Marketing, write a report explaining the New Product Development processes suggested by Booz, Allen and Hamilton for developing new electronic banking products.

Question

The future of banking and consequently of bank marketing will be shaped by changes in the external macro-and micro-environments in which banks operate. The macro-environmental force that has and is still expected to have the most far-reaching impact on the banking industry is technological change. In fact, the development of innovative technological products may affect the marketing strategies of the financial service industry in general and banks in particular. In your role as the Head of Marketing of your Bank, the Chairman of your Product Development Committee (PDC) has asked you to write a report explaining to the committee the pragmatic and operationally-useful New Product Development processes suggested by Booz, Allen and Hamilton for the committee to be properly informed in the development of new electronic products.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, Booz Allen Hamilton, Electronic Products, Financial Services, Marketing Strategies, New product development, Technological Change
Level: Level 4

Topic: PRODUCT DECISIONS, Product modification/development
Series: October 2022

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

Question

The Ghanaian business environment has become very dynamic, hence all managers of business

organizations must be conversant with the factors, rate of change and effects on the economy.

(a) Describe what is meant by the external environment and the internal environment of a named bank? [5 Marks]

(b) List any three (3) factors of the internal environment and two (2) factors of the external environment and mention their importance in managing a bank? [10 Marks]

(c) List and explain with examples, how SWOT Analysis can bring about change(s) of the banking industry of Ghana? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, External Environment, Ghanaian economy, Internal Environment, SWOT Analysis
Level: Level 1

Topic: INTRODUCTION TO MANAGEMENT
Series: OCT 2022

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

Question

The new Chief Executive Officer (CEO) of the bank where you work is determined to reposition the bank as a cost leader. As the Manager responsible for business development, the CEO has tasked you to write a report discussing how the bank can adopt specific information technologies to achieve the goal of becoming a cost leader within the banking industry.

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, Business Development, cost leadership, Information Technologies, Repositioning
Level: Level 3

Topic: IT investment decisions
Series: OCT 2022

SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

Question

Discuss three advantages and two disadvantages of the Corporate Umbrella branding strategy for banks in a workshop setting.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Advantages, Banking Industry, Branding Strategy, Corporate Umbrella Branding, Disadvantages, Product Development
Level: Level 4

Topic: PRODUCT DECISIONS
Series: APR 2023

SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton

As Head of Marketing, write a report explaining the New Product Development processes suggested by Booz, Allen and Hamilton for developing new electronic banking products.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, Booz Allen Hamilton, Electronic Products, Financial Services, Marketing Strategies, New product development, Technological Change
Level: Level 4

Topic: PRODUCT DECISIONS, Product modification/development
Series: October 2022

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

Question

The Ghanaian business environment has become very dynamic, hence all managers of business

organizations must be conversant with the factors, rate of change and effects on the economy.

(a) Describe what is meant by the external environment and the internal environment of a named bank? [5 Marks]

(b) List any three (3) factors of the internal environment and two (2) factors of the external environment and mention their importance in managing a bank? [10 Marks]

(c) List and explain with examples, how SWOT Analysis can bring about change(s) of the banking industry of Ghana? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, External Environment, Ghanaian economy, Internal Environment, SWOT Analysis
Level: Level 1

Topic: INTRODUCTION TO MANAGEMENT
Series: OCT 2022

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

Question

[20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, Business Development, cost leadership, Information Technologies, Repositioning
Level: Level 3

Topic: IT investment decisions
Series: OCT 2022

SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

Question

Discuss three advantages and two disadvantages of the Corporate Umbrella branding strategy for banks in a workshop setting.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Advantages, Banking Industry, Branding Strategy, Corporate Umbrella Branding, Disadvantages, Product Development
Level: Level 4

Topic: PRODUCT DECISIONS
Series: APR 2023

Question Tag: Banking Industry

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton

As Head of Marketing, write a report explaining the New Product Development processes suggested by Booz, Allen and Hamilton for developing new electronic banking products.

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton

As Head of Marketing, write a report explaining the New Product Development processes suggested by Booz, Allen and Hamilton for developing new electronic banking products.

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

Our offerings

Community

Contact Info

Customer

Get In Touch

Question Tag: Banking Industry

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton

As Head of Marketing, write a report explaining the New Product Development processes suggested by Booz, Allen and Hamilton for developing new electronic banking products.

You're reporting an error for "SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton"

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

You're reporting an error for "POM – OCT 2022 – L1 – Q1 – Business Environment in Banking"

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

You're reporting an error for "BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking"

SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

You're reporting an error for "SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy"

SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton

As Head of Marketing, write a report explaining the New Product Development processes suggested by Booz, Allen and Hamilton for developing new electronic banking products.

You're reporting an error for "SMM – OCT 2022 – L4 – Q3 – New Product Development Processes by Booz Allen Hamilton"

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

You're reporting an error for "POM – OCT 2022 – L1 – Q1 – Business Environment in Banking"

BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking

Report on adopting specific IT to achieve cost leadership in the banking industry.

You're reporting an error for "BSIM – OCT 2022 – L3 – Q4 – IT for Cost Leadership in Banking"

SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

You're reporting an error for "SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy"

Our offerings

Community

Contact Info

Customer

Get In Touch

admin

Pick a Form