Sunday, February 23, 2020
Capital One Essay Example | Topics and Well Written Essays - 1000 words
Capital One - Essay Example The external environment can be analyzed by using various tools like that of PEST analysis. The PEST analysis stands for Political factors, Economical factors, Social factors and Technological factors. The analysis of Capital One can be undermined as below: Political factors ââ¬â The markets in which the company was operational did not have much political disturbances and therefore it could be said that the company experienced conducive political factors for its new strategy on acquisition. Economic factors ââ¬â This was undoubtedly the most vital aspect for a company operating in the domain of financial services and products. The economic slowdown and the global meltdown really hampered the growth of the company. The financial performance of the company worsened on year ââ¬â to ââ¬â year basis even after following the strategy at an aggressive way. The faith of the general public upon the financial system was disturbed as one after the other too ââ¬â big ââ¬â to ââ¬â fail companies became bankrupt. Social ââ¬â Capital One had considerable social acceptance and that proved beneficial for the company to continue the business even in the trying times of financial slowdown. The company had taken number of efforts and initiatives that contributed towards the community development and corporate social responsibility and those have paved ways for the sustainable growth of the company. Technological factors ââ¬â The company has been observed to be technologically sound and it was found that that Capital One offered best of the attributes based on the technological developments. It could be said that the research and development in the technological segment paid well as the environment is continuously changing. In spite of having an aggressive policy based upon acquisition, it could be said that Capital One Financial Corporation did not had a great year. Though the reasons were primarily external, like that of the global meltdown and economic slowdown, yet
Friday, February 7, 2020
The helpful of technology Essay Example | Topics and Well Written Essays - 1000 words
The helpful of technology - Essay Example It is apparent thatà whatever we do in our daily lives we interact with technology. Our interactions with technology may be direct or indirect, but the fact of the matter remains that we are benefiting a lot from technology (Oak Web). Have you ever wondered what the world would be like without technology? Talk about the communication sector, transport sector - air transport or road transport or water transport, and the financial sector. We need technology to make all these sectors afloat. Our lives depend solely on these sectors, and without technology, we are not able to have a smooth life. Technology therefore, makes it easy for use to live. The transport sector has undergone a lot of technological advancements throughout the world. Since the invention of the wheel, the transport sector has made incredible transformations. Modernization of the rail transport, road transport and the transport has made it easy for people to transport all sorts of things across the planet. Travelling has been made fast and people take the shortest time possible to get to their destinations. Goods on the other hand, take the least time possible to reach their intended recipients across the continents. This means that people make huge economic gains. Entrepreneurs are able to make maximum profits from their daily business transactions that involve moving their goods from one place to the other (Oak Web). Africa for instance, is the biggest beneficiaries of technological advancements in the transport sector. Close to all African countries are developing economies and therefore, each of them is making large gains out of trading with the rest of the world. The presence of very reliable means of transport to these destinations is of greatest essence to them. Large scale farmers in Africa, especially the ones who are in the flower industry are able to make deliveries to
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