Abstract This paper examines the operations management of the J.P. Morgan & ChaseCompany, the second largest international financial service provider in the world, according to the 16 principles of operations management. Operations management means making more with what you have and reducing wastes, in time, human resources and materials. It is responsible for maximizing the profits by reducing unnecessary costs and improving the speed and efficiency with which a company operates. It reviews each principle in turn from achieving a unified purpose to knowing the competition and the customer and then determines if indeed they do operate according to their mission and values statements.
From the Paper "J.P. Morgan had been following the eighth and ninth principles of maintaining old equipment before purchasing new. However, this produced many problems for them in terms of quality, consistency, computer and information transfer incompatibility problems and caused them to experience low levels of customer service. It became necessary to install a world wide integrated system using the latest technology. Now all of the branches and subsidiaries worldwide can communicate faster and more accurately. In many cases adhering to the eighth and ninth principles of quality management are good in terms of cost savings. "
Abstract This paper explains the credit card segment of the financial services industry. The author focuses on the Chase Card member Services (CCS). The paper discusses the problem of growth in a saturated market.
From the Paper "In January of ..., Chase Card member Services faced some difficult challenges. The credit card was being saturated. Other companies were regrowing, but CCS was not in spite of the fact that all the players in the industry faced the same challenges. CCS had a competitive advantage based on its size. Yet, CCS faced strategic challenges including finding a way to convince customers that their credit card services were superior. The credit card ..."
Tags: case study, chase, citibank, JP Morgan, financial services industry, credit card, debit, card, co branding, competition, interest fees, technology
Abstract This paper presents a corporate financial analysis of J.P. MorganChase & Co. The paper discusses the background and merger of Morgan with Chase Manhattan as well as other mergers and looks at the impact of the Enron scandal. The paper also examines the financial operations of the bank in 2005 and its financial performance for 2004. Porter's Five Forces Model is used in the paper and an assessment of the financial services industry is also provided.
Abstract This paper examines how monetary policy refers to the actions commenced by a central bank called the Federal Reserve (FED) that was established to influence the availability and cost of money and credit to help promote national economic goals. It also looks at how J. P. MorganChase is a leading global financial services firm with operations in more than 50 countries and how the firm has five business segments that include investment banking, investment managing, private banking, treasury and securities services, and Chase Financial Services. It analyzes how all five segments are affected by actions taken by the FED and how mortgage rates, the CPI, PPI, employment, finished goods index, consumer credit data, housing starts, growth and sales, and disposable personal income are all economic indicators in the industry.
From the Paper "According to the Bureau of Labor Statistics, Finished Goods are defined as commodities that are ready for sale to the final-demand user, either an individual consumer or a business firm. In national income accounting terminology, the Finished Goods Price Index roughly measures changes in prices received by producers for two portions of the gross national product: (1) Personal consumption expenditures on goods, and (2) capital investment expenditures on equipment. The Finished Goods Less Food and Energy Index excludes volatile food and energy prices and is sometimes referred to as the core PPI. Other stages of processing in this classification scheme include Intermediate materials, supplies and components and crude materials for further processing."
Abstract The paper examines JP Morgan's six segments of operation and relates that all these aspects of JP Morgan's business transactions and services involve the legal matrix of agency relationship. The paper provides an overview of agency law and focuses on the application of agency law in all of JP Morgan's operations. The paper concludes that JP Morgan enjoys the profits brought about by its products and services in line with judicious application of agency law.
Outline:
JP MorganChase & Co.
Agency Law, in General
The Scope of Agency Law in JP Morgan Transactions
Conclusion
From the Paper "In the segment of investment banking, JPMorgan offers the key products - mergers and acquisitions advise, capital raising, restructuring, risk management and research. These products are offered to businesses and entrepreneurs interested in acquiring certain companies, to raise capital or restructure loans as well as manage the risks in their chosen investments. In proprietary trading and investing and market-making, JPMorgan invests the money of its clients for profit.
"In the Retail Financial Services segment, JPMorgan hires employees and agents to offer its range of financial products and services to the public. Especially in the aspect of underwriting its range of financial protection products, there are reciprocal duties and obligations binding its insurance agents to it and vice versa."
Abstract This paper examines how banks Citigroup Inc. and J. P. MorganChase & Co. helped Enron Corp. avoid taxes and hide debt. It also discusses how recently new evidence has surfaced that reveals that Banks Citigroup Inc. and J. P. MorganChase & Co. were much more aggressive than the Senate Committee had previously thought. This new evidence is analyzed and details of their involvement is explained.
From the Paper "Several ethical issues are involved in the case, none of which have clear answers. At the heart of the matter is the concern that corporate accountants are engaging not in accounting fraud, but in misrepresentation. The motive for misrepresentation, however, seems to lie with large corporations who foster environments which reward such behavior. The ethical questions in this case are difficult because of the systemic nature of the problem. Also at issue are the virtues of capitalism itself. In one regard, corporations like Enron are simply doing what it takes to survive in a capitalistic market."
Abstract This paper analyzes the use of writing in Annie Dillard's personal essay "The Chase," from her book "An American Childhood." It looks at Dillard's recreation of a childhood event and the emotions she felt at the time.
From the Paper " Narrative writing allows an author to tell a personal story in which the author believes readers will also find personal meaning. In her story The Chase, Annie Dillard recreates a childhood event and the emotions she felt during the..."
Tags: narrative, writing, Annie, Dillard, The Chase, An American Childhood
Abstract This study focuses on the concept and phenomenon of intrapreneurship in an effort to determine its prerequisites and outcomes. This paper presents the results of the survey of fve companies and 50 employee responses. The study reveals that intrapreneurship is largely dependent on two things, people and company culture. The literature review of this paper examines each of these types of research in an effort to determine if large companies can mobilize entrepreneurial ideas to form a fundamental competitive advantage. Despite the growing interest in intrapreneurship, little empirical research has examined which factors make intraprenership successful. This paper asks two important questions. Can entrepreneurial management exist in large organizations?
Does the decision making process, culture structure, and attitude toward risk allow large companies to encourage entrepreneurial management? This paper hypothesizes that today's market is far more competitive than it has been in the past. In today's information age, traditional business strategies are no longer effective. Therefore, companies that show initiative and innovation are surviving better than those who are sticking to what they know and repeating what has worked in the past. Thus, it appears that large organizations must adapt their structure, culture, and rewards systems to embrace, harness, and exploit entrepreneurial attitudes within the company. The literature review discusses the potential factors and outcomes of intrapreneurship based on previous research and measures them in small business context. The survey aims to provide some insight about which factors promote entrepreneurial attitudes within a large company. Finally, the study discusses the results, provides a series of recommendations for large companies, and gives direction for further research.
I. Abstract
II. Table of Contents
III. Introduction
IV. Literature Review
Introduction
History of Intrapreneurship
The Definition of an Intrepreneur
The Benefits of Intrapreneurship
Prerequisites of Intrapreneurship
Outcomes of Intrapreneurship
Conclusion
Promoting Entrepreneurship Within a Company VI. Methodology
Introduction
Description of Study
Questionnaire
VIII. Conclusions and Recommendations
Bibliography
From the Paper "Because of this phenomenon, there is an increased interest in topics such as entrepreneurial management, corporate entrepreneurship, strategic entrepreneurship and intrapreneurship (Christenson, 2004). This is partly because of the 're-labelling' (Latour, 1999) of existing concepts, but it has also paved the way for the introduction of new practices and theories. Guth and Ginsberg [1990, p. 6] argue that "despite the growing interest in corporate entrepreneurship, there appears to be nothing near a consensus on what it is". As a result, there are theoretical inconsistencies on how the ideas should be understood. What all the proposed ideas seem to agree on, however, is that entrepreneurial activities can renew established organizations and that this can typically be achieved through innovation and venturing activities that provide the company with access to different skills, capabilities and resources (McGrath et al, 1995)."
Explores the factors that allowed the Hudson's Bay Company to outlive its competitors by examining what this company had that other fur-trading operations - chiefly the Northwest Company - did not have.
1,800 words (approx. 7.2 pages), 7 sources, 2006, $ 71.95
Abstract This paper examines why the Hudson's Bay Company was able to survive and thrive when other fur trading companies, principally the Northwest Company, which was forced to merge with the HBC, were unable to repeat this success. The paper argues that a combination of territorial over reach by the Northwest Company and the traditional advantages of the HBC's Charter eventually proved too much for the smaller company to overcome.
From the Paper "For well over three hundred years, the Hudson's Bay Company has been (or at least was until an American entrepreneur took it over) an enduring icon within the Canadian business world. However, while the company is better known today as a retailer, it began first as a fur-trading company - one so successful that it eventually banished all other competitors."
Abstract This paper analyzes pharmaceutical company, Merck & Company, INC., . The author provides a company profile and examines a number of issues such as: product marketing, service marketing, manufacturing, values and motives of the company.
From the Paper "The pharmaceutical industry is one of the largest and most far reaching industries in our nation, and therefore is an industry that can neither be avoided nor ignored. The amount of money spent on healthcare is phenomenal ? representing 14 cents of every dollar of goods and services produced in the United States (Jhin, 1996). New drugs that emerged in the past decade proved to be extremely profitable, and with new advances in technology and faster drug approval rates, the outcome is clear ? more money plus better science equals more new drugs (Kleinke, 1998). "
Tags: pharmaceutical, company, health, care, services
An examination of one of the largest companies in the United States, that is involved mainly with cigarette and tobacco sales and how recent legislation has affected this company.
Abstract This paper gives a thorough history of this cigarette company from the times it was a one-man show in the late 1800's to the giant conglomerate it is today. It explains the occasions were turning points in the success of the company, especially during the Great Depression. The paper finally looks at legislation taken recently against tobacco companies with regard to production and advertising and examines the effects on Phillip Morris.
From the Paper "The Philip Morris Company started in England in 1847 where Mr. Philip Morris operated a shop; Morris began making his own cigarettes seven years later. In 1919, U.S. stockholders acquired control of the company. By 1929, it opened its first factory in the United States. The trend towards diversification accelerated in 1969-70, with the purchase of the 115-year-old Miller Brewing Company, and then again in the mid-1980s with the procurement of General Foods and Kraft Foods in the largest non-oil-related acquisitions in U.S. history. "
Abstract This paper focuses on the great packaging company called 'Sonoco'. It is a well-known company, which is listed on the NYSE as SON. This company is been around for 130 years and it is one of the world's largest makers of industrial and consumer packaging products including flexible packaging, composite cans, tubes, cores, cones, and wire and cable reels. 9 pgs. Bibliography lists 3 sources.
Tags: BOOK REPORTS - BOOK REVIEWS, sonoco company profile
Abstract This paper analyzes the Honda Motor company through a SWOT analysis, an acronym for "strengths, weaknesses, opportunities and threats." Each of these areas is explored and detailed. The author finds that Honda has many more strengths than weaknesses, which is partly based on the company's outlook. Honda's goal has been to make high efficiency cars at a low cost. The paper further details how Honda has gained advantage over its competitors. The paper also cites some of Honda's weaknesses. The writer also considers future opportunities for Honda and discusses threats to the company's long-term success. Despite these threats, the author considers Honda one of the most lucrative and best managed companies in the world.
From the Paper "While Honda has much strength to their name, they also suffer from some major weaknesses. The primary weakness of Honda is oftentimes one of their major strengths as well. By sticking to their guns as the technology innovator within their industry, Honda divests much of its resources in exploring new methods to enhance their products. However, they often conduct research and innovation in fields that have no practical application until long into the future (CorporateInfo, npg). Take for example their fuel efficiency research; Honda was the industry leader in fuel efficiency from 1985 to present (InvestorGuide, npg). However, only until recently did gas prices raise high enough to warrant the fuel economy as a significant advantage. Had Honda divested more of their resources to other high end upgrades such as competing within the SUV market, they might have made much more profits. Thus, finding the balance between future research and current profits is one of the major weaknesses with Honda. Another one of its weaknesses is that Honda relies on its "entry first, organizes later" strategy for new market penetration (Wright Report, npg). Its corporate strategy appears to be to enter established markets with their innovative products and develop an infrastructure and organization after they observe how the market reacts. Although this strategy has worked well in some cases such as Honda's entry into the light truck division, where its Ridgeline won Truck of the Year, however in other cases such as the launch of Acura success was met first by years of trial and error. Acura was launched in the mid 1980s, and it was the first Japanese produced luxury car, however it lacked many of the features that customers were looking for in high end vehicles and Acura went through almost five years of net losses before Honda finally figured out their design and distribution methods. Honda depends too much on their ingenuity and ability to adjust once a product enters the market, and as a result, they often make hasty and faulty decisions that they must then spend millions and years to fix."
Abstract This paper explores the leadership capabilities of Henry Ford, creator of the Ford Motor Company. The author gives a corporate and organizational history of the company and discusses the company's culture as a result of Ford's influence and includes comments of leadership theories.
From the Paper "As the twentieth century drew to an end, Time magazine named the Model T the "automobile that defined the twentieth century from start to finish". Henry Ford's Model T mass production methods, and wage price theories revolutionized American industry. He was extraordinarily influential and respected because he made a product that met a public need. Ford had an immeasurable impact on American life. "When he got his Model T rolling in 1908, the horse disappeared so fast that the conversion of acreage from hay to other crops is said to have caused an agricultural revolution". By the 1920?s, it was rarely possible to find a farm where a horse did most of the hauling and plowing. Ford was the most influential force in putting North America on wheels."
Abstract This ten-page report is on the financial situation of the Walt Disney Company. It consists of one appendix. Firstly, there is an introduction of the company. It then goes on to mention the competitors of the company. Next, there is a financial analysis, followed by a conclusion. Sources.
Tags: BUSINESS / CASE STUDIES, walt disney company
