How have legal, technological, and economic changes during the last 15 years affected financial institutions and markets, as well as the financial system in the United States and globally?© BrainMass Inc. brainmass.com October 25, 2018, 6:43 am ad1c9bdddf
As the world grows smaller, the financial institutions have had to deal with faster movement of markets, economies, and information flow. Legal issues that arise in terms of access and security have become a problem. Gaining access to money, money movement, and availability of money are all issues of legal import and also technology.
People want to access their money. As lower income countries have developed, there is more money to be accessed. Additionally, place like Europe with the consolidation of banking and other pillars into the European Union (EU), have created more need for regulations that address both situations. Legal documents have changed within the EU and this affects how financial institutions verify and address identity. In the U.S., issues of terrorism, Homeland Security, and trade on the financial ...
The solution discusses the ethical, economic, demographic, social and technological changes during the last 15 years affected financial institutions and markets, as well as the financial system in the United States and globally.
Organizational structure :sample question
As mentioned in unit 1, a successful organization understands the cultural differences in various divisions or branches. It uses culture to overcome management challenges, implement strategic initiatives, and develop business opportunities.
Organizations with an exceptional culture are usually run by leaders who understand and practice effective cultural leadership principles. A culture or sub-culture that works effectively in one part of an organization may not work well in another. Those who have made it to the top have done so by building a high performance workplace around the corporate culture.
Kenneth Daily has asked you to be part of a special task force focused on putting together a proposal for developing a high performance work culture at Green River.
As a team you should consider concepts examined so far (the unit 1-3 topics) and their impact on developing a healthy culture. Consider what will be involved and how prior recommendations could enhance the culture at Green River.
Task Force Directive:
Each team member is asked to prepare a 1 page Word document with well developed ideas for enhancing the culture at Green River. This document should include recommendations for (at minimum) 3 ideas for enhancing the culture. Each recommendation should be well developed, explaining how that idea will enhance the culture at Green River. This should be prepared in Word and copied to the DB so that others may provide feedback. Make sure that you review the concepts within the textbook and provide organizational behavioral terminology that relates to culture. Please provide a good rationale for your new ideas. Your work MUST include a reference list. All research should be cited in the body of the paper per APA guidelines. Reports without citations are unacceptable. Your report should contain an abstract, a short introduction, and conclusion in addition to the body of the paper. You are also welcome to express thoughts regarding your own work culture and inform your team members of the positive and negative aspects regarding your work environment within the DB board.
- Discuss the implications of organizational structure and culture.
- Use effective communication techniques.
- Outline the guidelines of managing change in work organizations.
- Identify the organizational behavior concepts and theories present in real business world examples.
- Discuss the impact of technology on business.
DB 4-5 paragraphs
Focusing on organizational structure and organizational culture, explain how external environmental forces (i.e., competitive forces, economic and political forces, global forces, demographics and social forces, and ethical forces) are most difficult for FMC Green River to manage. Select at least three of the five forces when discussing how they impact Green River's structure and culture.
Use the course material and other materials (e.g., articles, books, journals, etc.) to support your argument. If applicable, include your own personal experience to also support your argument. Use the APA guidelines when citing and referencing your sources.