Paper Example Doctorate 3,576 words

UK Banking Services Use Michael Porter\' Diamond

Last reviewed: April 29, 2013 ~18 min read
Abstract

The UK banking industry is a competitive one characterized by various services geared towards the satisfaction of the needs of the markets it serves. However, the availability of such services is determined by the existences of available resources and other supporting structures that guarantee success. This study has adopted the Porter'd diamond model to show that factor conditions, demand conditions, related and supporting industries among other aspects determine the extent at which service delivery in the UK.

UK Banking Services

Use Michael Porter' diamond model to determine the specific sources of national competitiveness that have boosted/hindered the success of UK banking product/service's?

Factor conditions

Demand conditions

Related and supporting industries

Firm strategy, structure, and rivalry

Government

Chance

Suppose you were the international marketing manager of a UK bank, what would you recommend to your government on how it could boost the elements of competitiveness?

Technological growth

Expanse in the market

Study of the mechanisms of production

Influencing merger options within the diverse market

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References
7 sources cited in this paper
  • Buckle, M., & Thompson, J. (2004). The UK financial system: theory and practice. Manchester [u.a.], Manchester Univ. Press.
  • Great Britain. (2011). The Government response to the Independent Commission on Banking. London, Stationery Office.
  • Ian, S. (2009). Online Banking and the role of CRM The impact of the internet as online business platform on CRM (Study of Online banking in the UK). Mu?nchen, GRIN Verlag GmbH. http://nbn-resolving.de/urn:nbn:de:101:1-2010091026132. ↗
  • National consumer council. (1983). Banking services and the consumer: a report. London, Methuen.
  • Pond, K., & Lipscombe, G. (2007). Retail banking. Canterbury, Global Professional.
  • Singh, D. (2007). Banking regulation of UK financial markets. Aldershot, Ashgate.
  • Vinten, G. (2005). Product portfolio management and corporate performance in the banking sector. Bradford, England, Emerald Group Pub. http://site.ebrary.com/id/10085653. ↗
Cite This Paper
PaperDue. (2013). UK Banking Services Use Michael Porter\' Diamond. PaperDue. https://www.paperdue.com/essay/uk-banking-services-use-michael-porter-87685

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