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International bank

You are the senior vice president in charge of strategy and implementation. You have been approached by the CEO of your bank to start investigating the issues involved in expanding what right now is just a domestic bank to an international one. Explain some of the issues that needs to be investigated.

â?¢What do you need to know regarding the macro environment of the countries that you want to research?
â?¢What do you have to ask your CEO in terms of the bank's overall strategy, future structure, implementation parameters, and controls?
How far is the bank is willing to go on social and economic responsibility in other locations?
What will the role and responsibility of management be?
â?¢What are some of the legal issues you may have to deal with?
â?¢Why would your CEO be interested in expanding overseas?
â?¢How is a bank different from a manufacturer when it comes to its international strategy and objectives for increased efficiency, managing risks, and learning to adapt?
â?¢What are some of the sources of competitive advantage for a bank as opposed to a manufacturer?
â?¢Do issues around foreign trade improve a bank's profitability or do foreign trade issues and agreements just affect manufacturers?
Explain answer, and give examples.

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You are the senior vice president in charge of strategy and implementation. You have been approached by the CEO of your bank to start investigating the issues involved in expanding what right now is just a domestic bank to an international one. Explain some of the issues that need to be investigated.

â?¢What do you need to know regarding the macro environment of the countries that you want to research?

There are several things that I need to know about the countries where the CEO of my bank is considering expansion. For the countries being looked at, I must know the extent to which relevant laws are enforced in the country. I will see if the courts make sure contracts are enforced. I will also ask if the country has erected trade barriers and tariffs. If there are favored trading partners, pricing regulations or unreasonable taxation, I will analyze it. I will also check the competition for our banks. I will find, collate, and evaluate information on competition from local banks, national banks, and global banks. If there is informal competition, I must have information on it. In addition, I will assess the regulatory environment for banks and financial services. I will read the stage of the business cycle, the standard of infrastructure available for the bank, and financial skills of the banking employees in that country. I will review the information technology available to banks and the support such a system may provide to banks in the country.

â?¢What do you have to ask your CEO in terms of the bank's overall strategy, future structure, implementation parameters, and controls?

I have several questions to ask the CEO in terms of the bank's overall strategy, future structure, implementation parameters, and control.

The questions relating to strategy are the manner in which the bank intends to compete in ...

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