Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
International Position
Capital One has a good position in the Canadian and British markets. The international credit card business accounts for 11.3% of total revenue in the credit card operating segment (2009 Capital One Annual Report). Capital One does not have retail banking in Canada but does have it in the UK, although that part of the business is relatively minor. In credit cards, the UK business declined 14.6% in 2009 while the Canadian business increased 9.8%, reflecting the states of those two respective economies during the downturn.
Conclusions
The recent acquisitions by Capital One fit well within the company's strategy. Capital One has maintained its monoline focus on consumer lending with its expansion into retail banking. In addition, the company has expanded slowly, giving its management time to absorb the new banks and gain the knowledge and experience needed to increase the pace of such expansions in the future. The economic climate is relatively good, with the chances of recovery strong. The company's strong risk management has allowed it to...
As a result, Capital One is able to continue to pursue its expansion into retail banking. Sustaining growth through acquisition is not only feasible but it is recommended, as Capital One will need to build an integrated retail banking network from the existing patchwork network in order to achieve true competitive advantage in retail banking.
Works Cited:
Capital One 2009 Annual Report. Retrieved May 16, 2010 from https://materials.proxyvote.com/Approved/14040H/20100301/AR_55174/HTML2/capital_one-ar2009_0002.htm
MSN Moneycentral:: Capital One. (2010). Retrieved May 16, 2010 from http://moneycentral.msn.com/detail/stock_quote?Symbol=COF
O'Hara, T. (2005). Capital One to buy New Orleans bank. Washington Post. Retrieved May 16, 2010 from http://www.washingtonpost.com/wp-dyn/articles/A12268-2005Mar6.html
Schultz, J. (2010). What the credit card act means for you. New York Times. Retrieved May 16, 2010 from http://bucks.blogs.nytimes.com/2010/02/22/what-the-credit-card-act-means-for-you/
Works Cited:
Capital One 2009 Annual Report. Retrieved May 16, 2010 from https://materials.proxyvote.com/Approved/14040H/20100301/AR_55174/HTML2/capital_one-ar2009_0002.htm
MSN Moneycentral:: Capital One. (2010). Retrieved May 16, 2010 from http://moneycentral.msn.com/detail/stock_quote?Symbol=COF
O'Hara, T. (2005). Capital One to buy New Orleans bank. Washington Post. Retrieved May 16, 2010 from http://www.washingtonpost.com/wp-dyn/articles/A12268-2005Mar6.html
Schultz, J. (2010). What the credit card act means for you. New York Times. Retrieved May 16, 2010 from http://bucks.blogs.nytimes.com/2010/02/22/what-the-credit-card-act-means-for-you/
The company's internal focus will need to shift dramatically in order to maintain or increase its current market position. Corporate and Business Strategy Capital One's business strategy is highly aggressive, as is evidenced by their innovative move (for a company with their focus) into the banking industry, and their take-over of several regional banks. Capital One also actively recruits new strategists to work directly at the corporate level, and maintains an
Business - Management External Environment Analysis Southwest Airlines is the nation's low fair, high customer satisfaction airline. It mainly serves short haul cities, offering single class air transportation, which aims for the business commuter as well as leisure travelers. The North American Industry Classification System (NAICS) classifies Southwest Airlines as Scheduled Passenger Air Transportation - 481111 (North American Industry Classification System, 2011). When conducting an external analysis it is important to look at
External Environment Ford Motor Company is - according to its financial statements for the last year - in relatively good financial shape, especially if one considers the current weak state of the economy, the past recessionary months and the still extremely shaky state of the recovery. This paper analyzes the current strengths and weaknesses of the company as it moves toward increasing globalization. A useful tool in analyzing the external environment
Internal company and the External Environment Based on your research, what are the key drivers for success in the large office supply store industry? This section should be at least 2 pages in length. There are key success factors for the large office supply store industry. One of the key success factors is location and significance. It is imperative to note that one of the most pivotal success factors for any business
Multinational firms must operate with some degree of independence in the different corners of the world, if only for practical reasons such as input procurement and the development of distribution channels. Political considerations have long had an impact on organizational structure decisions. In many nations, subsidiaries of multinationals must be joint ventures with local firms, or the multinational may find that business is difficult to conduct as the result
EXTERNAL AND INTERNAL ENVIRONMENT-CATERPILLAR INC. External and Internal Environment Caterpillar: General Environment Economic Political Competition forces Supplier power: Medium Buyer power: High Addressing the competitive forces Supplier power Buyer power External threats and opportunities Resources, capabilities, and core competencies How Caterpillar leverages resources Vlaue chain analysis for improvement The external and internal environment of an organization significantly impacts the firm's performance and its ability to compete within the respective industry to which it belongs. Whereas internal environment is important in context of enhancing firm's performance,