Financial Services Industry Report -- hat will happen in the next ten years?
Ten years can seem like a long time in the financial industry -- recall how what seems like eons ago, but really was only a few years in historical time, when "the dot-com boom brought home how trend-conscious investors can be," regarding stocks. Regardless, the shaky performance of today's current 'recovered' economy, because of the skyrocketing price of oil and an uncertain economic future means that new investment strategies and relations with financial institutions are necessary both in the short-term and with an eye upon ten years in the future. True, "it's been a recovery year, but not one that's been broad in industry specifics," notes FBR Financial Services' Dave Ellison in a recent interview with TheStreet.com's Ian McDonald. (McDonald, 2004)

Ellison believes that in ten years, or even in ten months the big "brokerages and investment banks," won't…...

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Works Cited

Active vs. Passive: Which investment strategy is right for you?" (2004) Adapted from a speech presented at the Monterey Institute of International Studies, May 1, 2002. Retrieved on October 8, 2004 at  http://www.nb.com/article/0,1943,content_id=33049,00.html#3 

Matlick, Justin. (2004) "Hit or Miss." The Wall Street Journal Online. Retrieved on October 8, 2004 at  http://webreprints.djreprints.com/1011370494706.html 

McDonald, Ian. "10 Questions With FBR Financial Services' Dave Ellison.

Retrieved on October 8, 2004 at  http://www.thestreet.com/funds/fundjunkie/1234046.html

There is a very high aversion to risk as a result throughout the primary customer base.
D. Market Segmentation and Targeting

The following pie chart illustrates the market segmentation and need for targeting by service area in this market. Figure 1, Market Segmentation by Outlet and Service illustrates the percentage of revenue by product and service within the financial news market.

Figure 1: Market Segmentation by Outlet and Service

Product/Services

Share

Audio

1.0%

News reporting text

50.0%

Photographs and graphics

30.0%

Video

19.0%

Outlet

Share

Newspapers

50.0%

Television (free-to-air)

20.0%

Cable and satellite TV

10.0%

Magazines

10.0%

adio

5.0%

Internet

5.0%

Sources: (Buxton, 2005) (Browne, 2006) (Davis, 2009)

E. Competition and Competitive Edges

Competitors in this market are highly fragmented and many have financial services in addition to financial news analysis. Bloomberg has seven lines of business and each addresses the need for a varying approach to delivering financial data. AP is a syndicated news service which strives at broad market research, yet does not concentrate on depth of analysis as much. All competitors have econometrics-based modeling systems for…...

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Reference: Bloomberg Takes Lead Share. Inside Market Data, 24(34), 1,3.

Andrew Browne. (2006, September 11). China Adds Restrictions on News, Financial Data. Wall Street Journal (Eastern Edition), p. A.2.

Philip Buxton. (2005, May). Straight from the source. Revolution,30-34.

Avram Davis. (2009, October). Bloomberg To Buy BusinessWeek. Mergers & Acquisitions Report, 22(42), 14.

Andrew Edgecliffe-Johnson. (2009, April 27). Bloomberg broadens its portfolio. Financial Times,16.

Focusing on advertising through local businesses and word-of-mouth to consumers might be difficult. Instead, regional and state-wide television, radio, and print media to alert consumers about the virtual financial company might be a way to motivate individuals to use Google to search the web to find out about the company. Establishing contacts with local realtors who might wish to advertise McBride or to advise clients of its low-cost services is another option. Even talking to business columnists of regional newspapers might help spread the world about the company in an informative setting. It would certainly add to the company' image of legitimacy, as well as allay fears about doing business online.
Advertising through Google seems like a possible option as is advertising on general information real estate websites that contain information specific to the region. Linking to area sites where homes are being sold, to the federal government's FHA and…...

Mullen's "The Million-Dollar Financial Services Practice"
As the former Managing Director of Merrill Lynch, author David J. Mullen trained more than 500 financial advisors while attaining an advisor training success rate which exceeded the industry average, and he has parlayed that extensive experience into a comprehensive book titled The Million-Dollar Financial Services Practice. As Mullen explains in the Overview section, the book is divided into three parts: The Foundation (Part 1), Taking it to the Next Level: Building a Million-Dollar Practice (Part 2), and Market Action Plans (Part 3), with each part containing an diverse selection of chapters covering subjects like Motivation (Chapter 2) and Appointments (Chapter 6). The following summary will condense and codify Mullen's writing on the subjects of Motivation, Numbers, Niche Market, Appointments and Getting Appointments, and Prospects, with the objective being to synthesize Mullen's lessons within an abridged format.

In the Motivation section of The Million-Dollar Financial…...

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References

Mullen, D.J. (2013) The million-dollar financial services practice: A proven system for becoming a top producer. Amacom.

Grandview Global Financial Services, Inc.
Performance Management in establishing and maintaining corporate culture

Performance Management is itself internal to the organization but it provides structures and systems for rewards, staffing, training and development and career development. Performance management provides organization a corporate culture of 'talent management'. Externally PM is linked to recruitment and internally through staffing, career planning, workplace management, retentions plans and 360° assessment. The advancement of technology has introduced Enterprise esource Planning (EP) in the talent management system giving organization culture of integrated process flow in performance management. Performance management system requires managers to specify the level of performance expected to achieve the goals. These levels become basis for direct reports. Documenting the performance in direct reports helps in assessing the standard level of performance. If the actual is above the standard appreciative feedback is provided and if it is below the standard then corrective feedback is reported. Thus PM…...

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Reference

Kavanagh, M., & Thite, M. (2009). Human resource information systems: Basics, applications and future directions. Thousand Oaks, CA: SAGE Publication, Inc.

Introduction The growth of big data has had significant transformative effects on several industries including technology, agriculture, health, education, and finance. Over the past decade, the number of humans using smartphones has increased tremendously and this has created a big pool of user data as smartphone users stamp their digital footprint all over the web. The electronic data collected as a result of these activities yield Big Data that provide valuable insights to decision-makers looking for data points to inform their decision processes. The growth of Big Data has necessitated the development of computer algorithms and tools that can analyze the data at scale. Good analysis and interpretation of the data allow organizations to ‘co-create’ solutions alongside their target users and create new value that is highly tailored to the needs of the market (Turner, Schroeck & Shockley, 2013).
The financial services sector is one of the industries that have adopted Big…...

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SBAB: Shaping Bangladesh's Banking Landscape

The Savings Bank of Bangladesh Limited (SBAB), established in 1991, has emerged as a significant player in Bangladesh's financial sector (SBAB, n.d.). SBAB is a specialized bank focused on providing financial services to small and medium enterprises (SMEs) and microfinance institutions (MFIs), playing a crucial role in promoting economic growth and financial inclusion (Bangladesh Bank, n.d.).

SBAB's services cater to the underserved segments of the population, offering loans, savings accounts, and other financial products tailored to their specific needs (SBAB, n.d.). By providing access to…...

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References

Bangladesh Bank. (n.d.). Savings Bank of Bangladesh Limited (SBAB). https://www.bb.org.bd/en/banking-and-finance/banks-and-financial-institutions/scheduled-banks/sbank.php

SBAB. (n.d.). About Us.

https://www.sbank.com.bd/en/about-us

UXB2B: Chinese Taipei
The case of UXB2B speaks of a rather new technological procedure and application to resolve e-commerce issues related to internet security and e-finance logistics for trading partners in the supply chain industry. However, I digress. UXB2B is an e-commerce company that specializes in the development of e-business applications designed to enable supply chain integration through a streamlined and secure software link. Leadership Information: The CEO of the company has a research background in national defense and an educational background in computer and information science

The software, UXB2B had e-everything as its selling point. For example the software enabled eSales, eProcurement, and eFinance; collectively called "SaaS (Software as a Service)"

SaaS met the requirement that UXB2B sought to bring to the market place. The software enabled e-communication amongst all stakeholders to exchange information to open and close transactions via an interconnected system. t first glance, success in the company's eyes seemed…...

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Additionally, a SWOT Analysis or a Strength, Weakness, Opportunities, Threats analysis can reveal critical information necessary to identify an appropriate company to assist in the development of a new model for implementation in the new market. The critical nature of identifying the proper market and company to develop the platform for implementation is primary in the research stage prior to selecting the new company. The company selected will admire to know why their business was selected and what the potential market is for this technology.

APEC Asia-Pacific Economic Cooperation. UXB2B Chinese Taipei The Financial Service Platform. Copyright 2010 APEC Secretariat

APEC Asia-Pacific Economic Cooperation. UXB2B Chinese Taipei The Financial Service Platform. Copyright 2010 APEC Secretariat

Technology has fundamentally changed the manner in which business, commerce, and networking are conducted. Innovations related to data analytics and artificial intelligence have expanded the realm of possibilities for a range of industries from automobiles to energy. With these revolutions come a host of uncertainties as well. Forecasting the future has simultaneously become more predictable but more uncertain. Likewise, technology has become more secure but also much more dangerous. With each new iteration of technology, new advances in products, goods and services emerge. This has ultimately ushered in a new wave of prosperity not seen since the industrial revolution, where nearly all market participants are impacted. Through these innovations however, it is important for consumers to be cognizant of the impacts of artificial intelligence on information and security management (Li, ).To begin, as noted in the introduction, technology has altered nearly every industry across the world. To better understand in…...

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References 1. Shenzhou. Simultaneous management and service together to create a shield of financial security. Electronic Finance, no. 8, pp. 90-91, 2017.2. Zhao Yingqiu. Chongqing Business Management Department adopted innovative measures to improve the information security management level of the financial industry. The era of financial technology, vol. 024, no. 003, pp. P.59-61, 2016. 3. Tang Xianyong. Innovating confidentiality management and strengthening information security management. The era of financial technology, vol. 024, no. 002, pp. 66-67, 2016. 4. Lu Ruiyun. On the Security Control Strategy of Financial Informationization in the New Era. Journal of Shijiazhuang Railway Vocational and Technical College, 016, no. 004, pp. 73-75, 2017. 5. Zhao Hai, Chen Fang. Research and Practice of Electronic Payment Information Security Management System. Information Security Research, vol. 005, no. 006, pp. 534-541, 2019. 6. Hu Di. Research on financial innovation and wealth management in the context of internet finance. Chi Zi, vol. 000, no. 030, pp. 66, 2018. 7. Zhu Jianming, Wang Xiuli, Lin Zheng, et al. Information security 4-3-3 multidimensional teaching system for the cultivation of innovative talents in financial management. Education Teaching Forum, vol.234, no. 48, pp. 92-93, 2015. 8. Chen Li. Internet finance needs more attention to information security. New Financial World, vol. 000, no. 012, pp. P.44-44, 2015. 9. Li Jian. Information Security Management of Internet Finance of Finance Companies. Financial Economy (Theoretical Edition), vol. 000, no. 007, pp. 139-140, 201610. M. Mustapha, S. J. Lai et al., “Information technology in audit processes: An empirical evidence from malaysian audit firms,” International Review of Management and Marketing, vol. 7, no. 2, pp. 53–59, 2017.11. K. Roundy, M. Dell’Amico, C. Gates, M. Hart, and S. Miskovic, “Systems and methods for providing integrated security management,” Mar. 26 2019, uS Patent App. 10/242,187.2

Service Quality esearch
The research discussed in this paper is based on the application of the SEVQUAL model to the restaurant sector of the hospitality service industry. The SEVQUAL model was developed in 1985 and has been refined since for use in the service industry. In contrast to goods, service quality has been difficult to measure because of the intangibility, variability and heterogeneity of the service. Moreover, the service quality depends on the interaction between service provider and consumer. The SEVQUAL model was developed to overcome these limitations. The research articles discussed in the following sections were all conducted to apply the model in the restaurant sector to evaluate the service quality of various kinds of restaurants.

In addition to the SEVQUAL model, another useful model is the DINESEV model which has also been used by a couple of the researches discussed in this paper. The researches discussed in this paper have…...

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References

Chow, I.H., Lau, V.P., Lo, T.W., Sha, Z., & Yun, H. (2007). Service quality in restaurant operations in China: Decision- and experiential-oriented perspectives. Hospitality management, Vol. 26, pp. 698-710. Accessed from www.sciencedirect.com

Fitzsimmons, J.A., & Fitzsimmons, M.J. (2006). Service management. 5th ed. Tata McGraw-Hill.

Fu, Y., & Parks, S.C. (2001). The relationship between restaurant service quality and cnsumer loyalty among the elderly. Journal of hospitality tourism research, Vol. 25, pp. 320-336. doi: 10.1177/109634800102500306.

Grigoroudis, E., & Siskos, Y. (2009). Customre satisfaction evaluation: Methods for measuring and implementing service quality. Springer Publications.

Service Quality of Singapore Airline
The focus of this work in writing is the examination of the SERVQUAL model as it applies to a case study of Singapore Airlines in regards to service quality and the application of a conceptual model of service quality. This study will additionally explain the gap in service quality between firm and customer.

The work of Prayag and Dookhony-Ramphul (2010) report that the SERVQUAL model "is still the most widely used scale for measuring service quality. The SERVQUAL scale has been applied to airlines, hotels, financial services, health care, and the public sector." (p.3) uttle (1995) reports that SERVQUAL makes provision of a technology "for measuring and managing service quality (SQ). Since 1985, when the technology was first published, its innovators Parasuraman, Zeithaml and erry, have further developed, promulgated and promoted the technology through a series of publications." (p.8) It is reported that the AI/Inform database 'Global…...

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Bibliography

Buttle, F. (1995) SERVQUAL: Review, Critique, Research Agenda. European Journal of Marketing 30,1. Oct 1994.

Parasuraman, A., Zeithaml, V.A. And Berry, L.L. (1985), "A conceptual model of service quality and its implication," Journal of Marketing, Vol. 49, Fall, pp. 41-50.

Parasuraman, A., Zeithaml, V.A. And Berry, L.L. (1986), "SERVQUAL: a multiple-item scale for measuring customer perceptions of service quality," Report No. 86-108, Marketing Science Institute, Cambridge, MA.

Parasuraman, A., Zeithaml, V.A. And Berry, L.L. (1988), "SERVQUAL: a multi-item scale for measuring consumer perceptions of the service quality," Journal of Retailing, Vol. 64, No. 1, pp. 12-40.

Banks have thus the role of distributing these products to their customers. Added to that in the international arena banks are dealing more with derivatives and foreign exchange, making the role of the bank far more important in the overall well being of the economy. Banks are diversifying and redefining themselves as trading, banking and service institutions. The banks are multifunctional and are known by various terms like the 'clearing bank' in UK, 'Commercial banks' and 'Investment banks' or 'Merchant banks'. Banks are thus redefining themselves to suit the wider rage of operation sand services offered. (Cranston, 1997, p. 3)
2. Globalization of banking sector

Globalization is a phenomenon that has invaded all industries and human life. The changes that have come about after the break down of the cold war and the new social interaction between nations have affected the financial sector as well. Globalization has removed restrictions for operations…...

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References

Ashdown, Neil H. (2002) the Impact of Banking Policy on Trade and Global Stability.

Quorum Books. Westport, CT.

Chambliss, William J; Block, Alan a; Weaver, Constance a. (2004) All Is Clouded by Desire: Global Banking, Money Laundering, and International Organized Crime. Praeger. Westport, CT.

Cranston, Ross. (1997) Principles of Banking Law. Clarendon Press. Oxford.

Aside the attraction of customers, the money invested in marketing have created the desired outcome of a strong and reputable brand. Another pivotal element in the financial strategies has been that of maximizing the efficiency of managing inventories. This was necessary in order to continually strengthen the brand as well as achieve the profitability goals. Alongside with operating principles, supply-chain renovation and inventory management, financial management represents the pillar of the Nike business model (Filbeck, Krueger and Preece, 2007).
7. Discussion

It is extremely difficult to generalize the approaches of multinational organizations to financial management as each individual entity will employ those courses of action which best suit its needs as well as its characteristics. Whilst Ford continued to invest its resources in the manufacturing of large and luxurious vehicles in an attempt to drive the market, McDonald's has recognized the necessity in satisfying customer needs and has as such made…...

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References:

Adams, B., 2007, McDonald's Strange Menu Around the World, Trifter,   last accessed on July 13, 2009http://www.economywatch.com/finance/financial-management.html 

Filbeck, G., Krueger, T., Preece, D., 2007, CFO Magazine's "Working Capital Survey": Do Selected Firms Work for Shareholders? Quarterly Journal of Business and Economics, Vol. 46

Nizamuddin, A.M., 2007, Multinational Corporations and Economic Development: The Lessons of Singapore, International Social Science Review, Vol. 82

Schindehutte, M., Morris, M.H., Kocak, A., 2008, Understanding market-Driving Behavior: The Role of Entrepreneurship, Journal of Small Business Management, Vol. 46

Had the organization employed the techniques of activity-based costing, they would have realized the need to change their approach and had started manufacturing small size and fuel efficient engines, as most of the customers were requiring these items. "If Ford [...] had used activity-based costing, they would have realized early on the utter futility of their competitive blitzes of the past few years, which offered new-car buyers spectacular discounts and hefty rewards" (Drucker, 2003).
Unlike absorption costing, marginal costing uses the traditional division into direct, indirect, fixed and variable costs. The accounting method sees that the final marginal cost of a product will be calculated by summing up the direct costs of labor, the direct costs of materials, the direct expenses and the variable overheads (Brown). The applications of marginal costing revealed that Ford was able to support a price advantage relative to General Motors and Chrysler due to its…...

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References

Bernstein, L.A., Wild, J.J., 1999, Analysis of Financial Statements, 5th Edition, McGraw-Hill Publishers, ISBN 0070945047

Berry, a., 1999, Financial Accounting: An Introduction, 2nd Edition, Cengage Learning EMEA, ISBN 186152479X

Brown, G., Introduction to Costs Accounting: Methods and Techniques,   on March 9, 2009http://www.globusz.com/ebooks/Costinglastaccessed 

Drucker, P.F., 2003, Peter Drucker on the Profession of Management, Harvard Business Press, ISBN 1591393221

A the direct support or supervision of individuals who deliver all, or any portion, of the personal financial planning process to a client.

A teaching all, or any portion, of the personal financial planning process.

Finally the applicant must agree to adhere to the CFP Code of Professional Conduct and submit to a background check. Any pending litigation must be disclosed.

The Financial Planner typically operates in four major areas: investment planning, estate planning, retirement planning and business succession planning. All of these areas are highly specialized and a planner may decide to specialize in one or more areas. Major firms will offer all of these services to clients, but the delivery method may vary by company. Firms such as Lincoln Financial Advisors, American Express Financial Services and AXA Advisors offer all of these services.

Another group of firms includes brokerage firms, also called wire houses, that may offer some or all of these…...

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Bibliography

Certified Financial Planner Board of Standards. 20 April 2005.  

## Crypto Market Dynamics and Emerging Trends

### 1. Decentralized Finance (DeFi)

- Growth and Innovation: DeFi protocols offer a range of financial services, such as lending, borrowing, and trading, without the need for intermediaries.
- New Tokenomics: DeFi introduces innovative token designs that reward liquidity providers and community members.
- Interoperability: Cross-chain bridges allow users to transfer assets across different blockchains, facilitating DeFi activities.

### 2. Non-Fungible Tokens (NFTs)

- Digital Collectibles and Art: NFTs represent unique and verifiable digital assets, enabling the ownership and trading of digital art, collectibles, and other items.
- New Markets: NFTs create new markets for digital creators, artists, and collectors.
-....

Topic 1: The Ethical Implications of Artificial Intelligence (AI) in the Workplace

Key Issues:
The potential for AI to automate jobs and displace human workers, leading to unemployment and economic insecurity.
AI's impact on workplace privacy and surveillance, with AI-powered monitoring systems potentially infringing on workers' rights.
The need for ethical guidelines and regulations governing the development and use of AI in the workplace, to ensure fairness and protect workers' rights.

Topic 2: The Ethics of Genetic Engineering and Human Enhancement

Key Issues:
The potential benefits of genetic engineering, such as curing diseases, improving cognitive abilities, and extending lifespan.
The ethical....

Original Thesis Statement:

Benefits of Technology in All Fields

Revised Thesis Statement:

Technology's Ubiquitous Impact: Transforming Industries and Empowering Human Endeavors

Technology's pervasive influence has revolutionized all fields, offering unparalleled benefits that enhance our lives, drive innovation, and improve societal well-being. Its transformative effects are evident in every aspect of modern society, from healthcare to education, business to entertainment, and beyond.

Empowerment through Automation and Efficiency:

Technology has automated countless tasks, freeing up human time and resources for more complex and meaningful endeavors. From automated manufacturing and data processing to virtual assistants and self-driving cars, technology has significantly reduced the burden of manual labor and increased....

Microeconomic Analysis of HSBC Bank

Introduction

HSBC Bank is a global banking and financial services corporation headquartered in London, England. As one of the largest banks in the world, it operates in over 60 countries and territories, offering a wide range of financial products and services to individuals, businesses, and governments. This essay will focus on microeconomic concepts that can be applied to analyze HSBC Bank, with specific examples and insights.

Market Structure

One important microeconomic concept to consider is market structure. HSBC Bank operates in a highly competitive global banking industry. It faces competition from numerous other large banks, as well as smaller....