Commonwealth Bank
Commonwealth Bank
This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems and challenges, current situation in the business, strategies analysis and management structures and organisation structures. Almost the end of this paper it has provided the recommendation based on how commonwealth bank could done better or improved their business such as what they should keep doing and what they have to change or adjust. However, if you still want to double-check your understanding you can read more in the conclusion part, which provides at the end of this report.
History
Commonwealth Bank of Australia (CBA) is Australia 's largest retail bank and one of the 'Big Four ' bank. It was established in the early 19th century as a private corporation and a partnership. It also operates in New Zealand and Asia country such as Japan, Singapore, Hong Kong and Malaysia. The Commonwealth Bank of Australia (CBA) supports sector with their following industries such as banking, financial and investment service. The purpose is to promote the settlement and development of the local areas and savings. Its core business is to provide retail and institutional banking business. There is also a fund manager and a major share of the market in general and life insurance (About us, 2008).
Labor government, Andrew Fisher, decided to
This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems and challenges, current situation in the business, strategies analysis and management structures and organisation structures. Almost the end of this paper it has provided the recommendation based on how commonwealth bank could done better or improved their business such as what they should keep doing and what they have to change or adjust. However, if you still want to double-check your understanding you can read more in the conclusion part, which provides at the end of this report.
History
Commonwealth Bank of Australia (CBA) is Australia 's largest retail bank and one of the 'Big Four ' bank. It was established in the early 19th century as a private corporation and a partnership. It also operates in New Zealand and Asia country such as Japan, Singapore, Hong Kong and Malaysia. The Commonwealth Bank of Australia (CBA) supports sector with their following industries such as banking, financial and investment service. The purpose is to promote the settlement and development of the local areas and savings. Its core business is to provide retail and institutional banking business. There is also a fund manager and a major share of the market in general and life insurance (About us, 2008).
Labor government, Andrew Fisher, decided to