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  • MGM 3101.2

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    Nurul Ashikin Zulkefli
    61 vizualizări8 pagini
    Citibank was able to gain more profit due to high inflation and low unemployment. With high inflation, there was more money in the market for consumers to invest in banks like Citibank. Low unemployment meant Citibank could absorb more human resources, increasing productivity. High interest rates on savings and loans also helped Citibank, as households were motivated to save more due to higher returns. A flat managerial structure reduces costs by eliminating management layers and overhead. It also speeds up decision making since fewer approvals are needed. Communication is improved with fewer people in the chain. Going public through an initial public offering (IPO) allows Citibank to easily raise capital by converting to public stock ownership

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    Citibank was able to gain more profit due to high inflation and low unemployment. With high inflation, there was more money in the market for consumers to invest in banks like Citibank. Low unemployment meant Citibank could absorb more human resources, increasing productivity. High interest rates on savings and loans also helped Citibank, as households were motivated to save more due to higher returns. A flat managerial structure reduces costs by eliminating management layers and overhead. It also speeds up decision making since fewer approvals are needed. Communication is improved with fewer people in the chain. Going public through an initial public offering (IPO) allows Citibank to easily raise capital by converting to public stock ownership

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    61 vizualizări8 pagini

    MGM 3101.2

    Încărcat de

    Nurul Ashikin Zulkefli
    Citibank was able to gain more profit due to high inflation and low unemployment. With high inflation, there was more money in the market for consumers to invest in banks like Citibank. Low unemployment meant Citibank could absorb more human resources, increasing productivity. High interest rates on savings and loans also helped Citibank, as households were motivated to save more due to higher returns. A flat managerial structure reduces costs by eliminating management layers and overhead. It also speeds up decision making since fewer approvals are needed. Communication is improved with fewer people in the chain. Going public through an initial public offering (IPO) allows Citibank to easily raise capital by converting to public stock ownership

    Drepturi de autor:

    Attribution Non-Commercial (BY-NC)
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 8

    MGM 3101

    Hj. Sr. Mazlan bin Hj. Hassan

    Case 1
    High

    inflation. There so many money in the market. Consumer will more interest to invest in banks. So, Citibank receive more investment and gain more profit. Low unemployment. Citibank absorb most of the human resources from the market factors. Productivity of the bank increases and make the level of unemployment decreases to a minimum level. High interest rate for savings and loans. Because of the high inflation, banks have to increase their interest rate so that money in the market could be decreased. For an example, when high interest rate for savings, household tend to save money because the return is high.

    Case 2

    Example of flat managerial structure

    Cost Reductions - Fewer managers and fewer management levels mean the company is paying fewer people and having less overhead for office space. Cost reductions are achieved in other areas as well with a flat organizational structure because there are fewer people working together more efficiently to get the same or even more work done. Better team sprit. Faster Turn-Around Time for Decision Making - With fewer levels of management, managers have more people reporting to them and delegate more decision making. Manager may utilize teams for projects or production work and empower the teams to make decisions or challenge them to present one or two best options to managers when decisions are needed, or they may delegate lead employees to make day-to-day decisions within certain approved parameters. This eliminates the delays and lag time of waiting for decisions from busy managers and keeps the work of the organization moving forward smoothly.

    Improved

    Communications - More layers of management and support staff requires information to pass through more people, increasing the possibility of distortion. The more filtered the communication, the more chance for lost time and money. With a flat organizational structure, there are fewer managers to process communications. Managers and employees alike are working with communications differently and more efficiently, saving time, money, and decreasing the decision making and communications processes.

    Case 3
    is IPO? -The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.
    What

    Positive Effect of Publicly Owned Company (Citibank) : - Easy to raise capital through stock ownership conversion. - Shareholders are protected by legislation. - Shareholders are not burdened with the responsibility of business management. - Responsibility of the owner / shareholder is limited to only the capital contribution. - Life companies need to secure as the company was dissolved by the death or withdrawal of a shareholder. - The potential to expand the business is extensive. - The company is a separate entity and therefore it may be sued and prosecute on its own.

    Case 4
    Approaches to Organizational Effectiveness Systems resource approach Internal processes approach Goal approach

    Partners manage the company Partners invest their own money in their firm along with those outsiders. Citibank managed to maintain its position in the long run. Citibank use IPO to attract people to invest in the company Partners agree on the firm strategy

    Strategic constituencies approach


    Combined Approach

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