JP Morgan Case Study Example | Topics and Well Written Essays - 1250 words

JP Morgan - Case Study Example These laws are meant to regulate the financial markets in US. Impact of Federal interest rate hikes may deter investment because it costs more to borrow. Interest rates in USA remained in between 4%-5% in 2009. Strong dollar may make exporting more difficult because it may raise the price in terms of foreign currency. Declining personal savings rate.In September 2005, the personal saving rate as a percentage of disposable income was negative implying US consumers spent more than 100% of their monthly income. 3. Social Factors determine the way the society in groups behaves because of cultural factors. In US Increasing minority Population, increasing retiree Population, have their impact on the financial behaviour of the US saving and expenditure rate and ways. Customer Loyalty is very much determining sustenance of a business for long. J P Morgan has built this customer loyalty by strong brand equity.. 4. Technological Factors: The fast changing financial world of US and UK such as highly computerised service, online banking, insurance and IT integration of lending institutions have sizeable impact on the financial services of JP Morgan. 5. Ecological: Every business today is responsible for maintaining the ecological balance directly or indirectly. J P Morgan is active in taking up and investing in environmental projects to carry out this responsibility 6.Legal framework of US, UK and other countries where J P Morgan function has undergone fundamental changes on account of introduction of stringent law after sub-prime lending debacle having impact on the financial services of the company. Impact of insurance industry after deregulations has strong effect on the business operation US Financial Services Industry: An Analysis www.researchandmarkets.com/.../us_financial_services_industry_an_analysis.pdf SWOT analysis is to make a long list of every factor that defines the company's situation. JP Morgan as financial global company has several strength that sustained the company against tough competition. Strengths JP Morgan is a leading global financial brand with recorded revenues of $71,372 million during the fiscal year ended December 2007, an increase of 15.1% over 2006. The operating profit of the company was $22,805 million during the fiscal year 2007, an increase of 14.7% over 2006. The net profit was $15,365 million during the fiscal year 2007, an increase of 6.4% over 2006. They have extensive retail distribution network, high quality asset investments and Capital strength. Weaknesses Sub-prime exposure in the US and UK shook the entire financial world. Several months before the U.S. sub-prime mortgage crisis surfaced, JP Morgan had detected accumulated such sub- prime risks associated with mortgage securities. The company dumped those risky assets and could avoid being trapped deeper. Opportunities J P Morgan diversified in banking and brokerage global

Usability will be an important factor in QoL and QoA Essay

Usability will be an important factor in QoL and QoA - Essay Example Current markets are saturated with lots of computer products from different vendors. As a result, manufactures need to develop systems and products that are usable by consumer. In order to achieve this, they should focus on user-oriented methods of product design rather than technology-oriented methods (David, 1984). In doing so, the customers quality of experience will increase which will in turn increase the quality of experience. The key idea behind usability is the object should be designed with key attention and consideration put on the user’s psychology and physiology. In other words, the designed systems should be efficient. By efficiently, it means that a consumer takes little time to learn and use it. This will ensure that the consumer make more use of the given product thus improving their quality of life. Many are the times when products come in the market and go. During this period of time, consumer may forget how to use the particular product. Usability focuses on the ability of consumers to remember how to use this product, were it to return back to the market. It is very important to design products that consumer will easily remember to use as this will enable them establish proficiency hence improving the quality of life (Iler, 2000). Produced goods are never 100% efficient and as a result the manufacture needs to test it before releasing the product into the market. Manufacture need to understand that testing things prior to releasing them into the market is cheaper compared to releasing and then make rectifications later. In addition to that, quality of life demands that for people to experience the general welfare of life the level of errors, arising from usage of commodities, should be minimized greatly (Mellouk, 2014). This means that consumer goods should be designed in a way that consumers will make very minimal errors while using these products. Manufactures should therefore design products with interfaces that are easy to understand