Commerce Bank Case Study Example | Topics and Well Written Essays - 500 words

Commerce Bank - Case Study Example The weakness is the staffing challenge, which will be solved with training more internal workers to curb the emerging trends. The visible opportunities are evident in the New York market where competitors rely on deposits and loans instead of service provision. Commerce bank offers the typical retail banking transactions with a different touch to impress their clients and build a strong reputation in the industry. For instance, the bank ensures that customers have access to their services for longer durations, spanning 12 hours daily. This initiative is to enable the clients receive quality services in all the branches countrywide. Headquartered in the Southern New Jersey, Commerce bank has stores in Pennsylvania, Delaware and New York (Francis & Research Associate Corey Hajim, 2006). Another strategy that makes the bank exceptional is their freedom and experience when handling customer problems and the routine gifts offered to new clients. This enabled the bank to receive more deposits than their competitors, which increased profit margins and liquidity ratio. The bank also grew its customer base through aggressive promotional strategies such as branding roadway kiosks, free customized hot dogs and through the help of vendors. Currently, it offers high market share and a large customer base across the country, which is a competitive advantage. Commerce bank faced the challenge of recruiting the best employees for their jobs. As a result, organizational culture and philosophy were important aspects in determining the best employees. The bank should aim to hire professionals who understand how to handle customers with experience and decency. It is also tricky to acquire the services of experienced workers on a full-time basis since they are already absorbed in other sectors (Francis & Research Associate Corey Hajim, 2006). The company manages its affairs pertaining to both internal and external environments. For instance, in the SWOT analysis, Commerce

Assignment on Politics (major constitutional changes) Essay

Assignment on Politics (major constitutional changes) - Essay Example After 2010 elections, the government became the first formal coalition since the second world war. The Coalition has been made between Liberal Democrats and The Conservatives. Both parties now have the same plan for the government as they give promises about solving different issues in the UK. As such many new reforms have been proposed and implemented in this new political environment. This essay will discuss the political changes that have been presented by the new coalition government. One of these changes is tax changes. According to this change is "the most radical for a decade", and it affects everyone whether they are rich, poor, unemployed or employed. People think that the policy of increasing the tax-free personal allowance to 10,000 GBP is too much, but this policy allows an individual to keep more of his income before tax, and decrease the need to the government money.... Within these changes perhaps the largest is the introduction of a Freedom Bill. This bill does away with, â€Å"ID cards, the National Identity register and the ContactPoint database, and halt the next generation of biometric passports† (â€Å"Policy-by-policy: The Coaltiion,† 2010). Still, a growing number of critics have noted that the coalition government has not gone far enough in establishing civil liberty reforms. It’s noted that, â€Å"the people with the passion, audacity and sacrifice who set the Freedom Bill in motion are being sidelined† (â€Å"The coalition government,† 2011). Another civil rights aspect is the implementation of consumer protection measures. This included banning excessive interest rates on credit cards and placing a seven-day wait period for store cards. Furthermore, credit card companies will need to provide better information to consumers and put it in electronic format so they can figure out if they are getting the b est deal. A large amount of consideration has also been given to local and community government change. In these regards they have proposed a freeze council tax in England for an indefinite period. They also are trying to have mayors elected directly from the 12 largest English cities. They also are trying to stop the general restructure of councils throughout many parts of Great Britain. Local and community crime is another major area of concern. Health and safety laws and being amended through ‘common sense policing’. Greater levels of transparency are also being developed in terms of crime and policing. For instance, local police agencies are now being required to publish statistics about crime and crime rates every month. New attention has also been given to