The market being analyzed is the Investment Banking and Securities Dealings (IBSD) market within the Financial Services Industry. An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities. IBSD has a NAICS code of 523110, a six digit code which lends to the fact that it is in fact accurately defined as market (industry). Finally, the concepts of competition and substitutability also applies when analyzing this industry in that firms within the market have a high degree of competition amongst each other and the services provided are in fact so similar that they are viewed as essentially substitutable or interchangeable – “apples for apples and oranges for oranges”. According to the US Census Bureau the concentration ratio 4 (CR4) and concentration ratio 8 (CR8) for this industry are 51.8 and 76.6 respectively. By industry analytic standards this means that the industry is an oligopoly. Additional evidence shows that within the IBSD industry there are only 4 US firms that control the industry accounting for just shy of 50% of the market share. That being said, amongst the top 4 firms their make-up of the nearly 50% of the market share is nearly equal. Furthermore, amongst these firms there is no firm that distinguishes itself as a price leader. Finally, through lobbying and legal action the firms show legal forms of implicit collusion. All of these factors, to include the additional factors in the red box in figure 1, cause me to conclude that the industry is a non-competitive oligopoly and currently “pegged” as indicated by the dotted red line. That being said I recognize and acknowledge that the day to day level of competition within the market is high and the trend is increasing (the IBIS site confirms this as well). It is my assessment that the aggregate effect of all the other factors I have addressed still cause it to be pegged as shown even while acknowledging the high competition. As the industry is currently pegged the US Government (USG) should take action and develop an approach to regulation and intervention to mitigate the effects of market failure addressed above and on figure 1 that strengthens the functioning and safety of markets (move to blue dotted line, see fig 1). This cannot be done without trade-offs as the industry shifts further toward the perfectly competitive market (PCM) end of the market spectrum (see figure 1). However the economic health of the nation is the most critical component to our national security. As such the USG should increase economic efficiency by mitigating deadweight loss to the consumer and also have a positive effect on the Gross Domestic Product (GDP). Specific action the USG should take should be to increase transparency between buyers and sellers as well as within the industry itself. The past lessons from the fiscal crisis clearly indicate that one of the key drivers to systemic risk was lack of transparency leading to asymmetric information mismatch in favor of the industry and firms within it. Additionally, there is evidence that many segments and actors within the industry itself began to unwittingly assume a level of risk that even they did not fully understand – in part due to lack…
Management of eBusiness/eCommerce
Big Data and Analytics
Case Study: Rover Mobile
SCS2812 Management of eBusiness / eCommerce - Module 6 Case Study
Rover Mobile: A Hypothetical Case Study
You are the eCommerce Manager at Rover Mobile, which includes responsibility for online customer
acquisition and retention. You’re recognized throughout your organization for your mastery of web
analytics, and the ability to use analytics to drive and manage eCommerce performance.
One of the…
Subject: Eliminating uncertainty and guaranteeing adoption with profitability analytics initiative
Thank you for the opportunity to present our proposal for implementing the profitability project at Caixa Galicia. The decision to transform profitability analysis within the company is the right step forward and IBDS team will help you in every step of the way. At IBDS, we specialize in designing and implementing analytics environment using the latest and greatest DWH and BI technologies. In such…
segmentation, targeting, and positioning
E) researching, developing, and delivering
Page Ref: 34
AACSB: Reflective thinking
4) Apex Corporation is one of the best in its industry in terms of costs and performance. Many companies in its industry will probably consider Apex as a ________.
C) target for acquisition
D) future supplier
E) sounding board for ideas
Page Ref: 34
AACSB: Reflective thinking…
irresponsible. Using examples and analysing relevant materials this essay argues this point in relation to the building and construction management field, more specifically in the areas of design, engineering and architecture. Plagiarism, in this industry is a problem in the areas of regulations and copyright.
In 1968 the copyright act was implemented; incorporating design and engineering (“Commonwealth Consolidated Acts,” n.d., para. 8). The act ranges in material from sketches and models to detailed…
Some of the industries we’ve worked in
Explore IBM’s Service Lines
Application Innovation Services
12 Application Management Services
16 Strategy and Transformation
22 Business Analytics and Optimisation
What will I learn?
What we look for
What we offer
What is a
Working as a Business Consultant within
IBM’s Global Business Services (GBS),
professional accessing the Web or email while riding in a train or on an airplane
D) use of cameras and motion-sensing equipment to issue tickets for red light and speeding violations
Page Ref: 446
AACSB: Use of IT; Analytic skills
Study Question: Study Question 1
4) ________ are devices that wirelessly connect to a WAN using cell phone technology and provide wireless connectivity to computers located in close proximity to the hub.
A) Wireless hotspot hubs
Financial Women’s Association of New York
215 Park Avenue South, Suite 1712
New York, NY 10003
Dear Wall Street Exchange Coordinator:
My name is Michael Perrier. I am from London, Ontario Canada. I am a Finance Major in my final semester in the College of Business at Auburn University. Please accept this letter and attached resume as my application to the Wall Street Exchange Program.
Commencing in June I have a position at Bloomberg LP in their Sales and Analytics summer internship…
public company. There are 30,000 employees work across
100 countries as well as across the broad range of research and
consultancy disciplines, enabling the group to provide clients
marketing business insights at every point of the consumer cycle.
The services of Kantar are employed by over half of the Fortune
Top 500 companies.
1. ADDED VALUE - Global marketing research consultancy
As a global marketing research consultancy, Added Value
attempts to explore a penetrating method about consumers whose
Introduction to Analytics
Copyright 2014 RESTRICTED CIRCULATION
What, Why & Where
Copyright 2014 RESTRICTED CIRCULATION
What is analytics?
Analytics is the application of: computer technology, statistics and domain
knowledge to solve problems in business and industry, to aid efficient and
effective decision making
Analytics is simply the scientific process of converting raw data into
knowledge to support decision making
Analytics involves finding patterns in data
The goal of analytics is to improve…
me to apply for this particular job role is that the job description sounds a lot like my biography if I were to have one. People I have worked with in the past have used exact or similar terms to describe me.
My seven year experience in the financial industry has given me several skills that I will bring to bear on the job. I started out as a transaction officer in the topmost commercial bank in Nigeria while also pursuing a college degree part-time. I sharpened my team dynamics skills and the ability…