America Anew: The Presentation

Click to edit Master subtitle style Bank of America Corporation (BAC)

Benedria Darcel Smith University of Phoenix MGT/521 Management

Click to edit Master subtitle style

Bank of America Corporation (BAC) Fast Facts

Founded in 1904 when Italian American Amadeo Giannini founded the "Bank of Italy" in San Francisco The 1st building was a former saloon Initially provided loans to immigrants, middle-class Americans, and farmers denied services by major financial institutions Financially backed Disneys Snow White production Funded the start up of Hewlett Packard

Coming to America Business Analysis I

organizational strengths, weaknesses, opportunities, and threats.
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SWOT Analysis-Planning tool used to analyze

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Notable Strength- world's largest wealth manager and investment banking industry pioneer Notable Weakness- Federal Bailout management Issues Notable Opportunity & Threat- Increasing Customer Wealth

Stakeholders-Persons who stand to gain or lose by

the policies and activities of an organization and whose concerns the organization dutifully addresses.
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Internal (Customers; Shareholders) External (Employees; Executives)

Living In America Business Analysis II

Benchmark Analysis- The act of benchmarking
compares an organizations practices, processes, and products against the best in the world

Measuring Up Against Competition

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Financial Health (Solid Balance Sheet) Technological Advantage (Internet Banking ; International Finance) Globalization ($41 Billion over 5 Quarters)

Anew Step in AmericaBusiness Analysis III

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Strategic Goals & Tactics

Retain Stakeholders Clean up Legacy Issues Maintain a Fortress Balance Sheet

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Economic Trends & Influence

Economic Downturn Loss of Revenue and Competitive Advantage Brand Trust and Reputation

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Role of Human Resource Management

Determines the Banks Staffing Needs Recruitment & Selection; Talent Acquisition Motivation, Evaluation, and Compensation

An Important Decision
Considering all factors presented during this business analysis of the Bank of America Corporation, as a mutual funds manager, I would definitely encourage clients to invest in the products and services offered by this financial institution.

References
Bank of America Corporation. (2011). Bank of America Reports Second-Quarter 2011 Financial Results. Retrieved from http://investor.bankofamerica.com/phoenix.zhtml?c=71595&p=irolnewsArticle&ID=1586314&highlight= Nickels, W. G., McHugh, J. M., & McHugh, S. M. (2010). Taking Risks and Making profits within the Dynamic Business Environment. In McGraw-Hill/Irwin (9th Ed.), Understanding Business (pp. 1-801). New York, NY: McGrawHill/Irwin. Peer, M. (2011). Stocks Finish Lower Despite Potential Debt Deal. Retrieved from http://www.thestreet.com/story/11204771/stock-market-story-august-1.html Smith, J. (2011). Bank of America in $8.5 billion settlement. Retrieved from http://money.cnn.com/2011/06/29/news/companies/b_of_a_settlement/index.htm

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