StudentShare solutions
Triangle menu


Nobody downloaded yet
The changing internet related environment at overseas branches and operations of banks has such a big impact on the online banking related decision making process.
While multinational companies (MNCs) such as banks have been making use of internet banking as the main investment related strategic policy alternative, smaller banks too have been making use of it in order to achieve positive synergies over the internet (Durkin, and Howcroft, 2003). However while the former have being able to increase their net investment expenditure on internet banking on a larger scale, the latter have only been able to increase such investment on a smaller scale. As a result a clear dichotomy between the two entities can be noticed. Big business organizations including some international banks have adopted growth oriented communication policy measures primarily with the intention of enhancing growth drivers such as merger and acquisition (M&A) related synergies while smaller banks have basically relied on capturing niche markets.
Online banking related benefits have come to be identified with positive organizational outcomes as well. Therefore internal and external growth drivers of banks operating internationally are mostly determined by either the success or the failure of the average banks online banking policy. In fact according to recent World Bank reports nine out of ten companies engaged in international business operations have invested a greater percentage of asset related investment funds in ICT. This is because that such investment brings about a qualitative shift in their operational environment and capabilities (Bell, 1976). Such capabilities include incremental growth rates in financial management cash flow, quality, sales revenue and profits. While big banks have successfully made use of online banking activities to achieve these organizational goals, smaller banks have been less successful because they lack adequate resource portfolios to engage in competition at every level of operations.
Despite a series of online banking related investment successes by big banks, there have been some policy related lags too. For instance the operational environment of a bank is constantly influenced by the changing circumstances in the global environment. The current economic downturn has played a very important role in changing the fortunes of many banks. Falling demand and supply constraints have forced many banks to adopt variety of online banking policies in their international operations (Mackay, 2003). According to available statistics already there are signs of falling internet related investments in overseas operations of banks, though so far no fully-fledged study has been undertaken into a comprehensive assessment of the impact of the economic downturn.
Online banking strategy requires well defined organizational goals and such organizational goals might vary from one banks to the other. For example some international banks are faced with a different set of policy alternatives while small banks have a completely different set of priorities and opportunities (Mattelart, 2003). Therefore it is very important to consider multinational banks and smaller banks separately. ...Show more


The internet has revolutionized the use and abuse of information and communication technology (ICT) in almost every sphere of commercial and non commercial activity. Thus ICT has acquired a significant dimension in the coordination efforts of companies in their global operations and it is increasingly becoming the world's most important determinant of commercial and trade related issues and actions…
Author : reubencasper
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Post industrial and information society
Name Tutor Course College Date The two concepts of post industrial and information society are closely evident in the current society. The activities and developments experienced in the society today are as a result of features of post industrial and information society.
7 pages (1750 words) Essay
How can dissemination of legal information improved the society
People’s rights are getting infringed with the main reason being that they have little or no information regarding the rights that they are entitled. The dissemination of legal rights to the society will contribute to the awareness, understanding and implementation of legal information by the individuals in the society.
10 pages (2500 words) Essay
Information Society
The most recent is the appearance of new information technology or IT that have reduced the cost and size of information processing equipment and brought enormous increase in processing power. The processing power and the performance of information processing have continued to advance spectacularly which resulted in the "increase of great numbers of consumer and industrial goods" (Miles 2005 p.2) with built-in information processing capabilities.
10 pages (2500 words) Essay
Technological development in Information Society
With the advent of computers, the Internet, wireless communication devices and other innovations, technological advances have not only changed the way the world lives and works but also the way the world learns. Only a century ago, the average classroom was a functional place, featuring little more than a blackboard, desks and a few books.
11 pages (2750 words) Essay
Information society
The development of this sort of society is important since it has many benefits for the countries which have not been very successful on their path to
10 pages (2500 words) Essay
Information and communication technology in society
requires excellent searching skills of quality assessment so as to access the most comprehensive and valid information, a skill that many young people lack (Looker et al 2009 p 36). For one, information literacy has not improved with the widening access to technology. This is
8 pages (2000 words) Essay
Transnational television has emerged in a number of countries worldwide. In Europe, transnational channels like CNN, MTV, BBC,
16 pages (4000 words) Essay
Information Technology and the Canadian Economy
In microeconomic, the entrepreneur has a role of determining a profitable function of production, as he assumes the risk which associates the realization of a new product and
2 pages (500 words) Essay
Information Tech. and the Canadian Economy
The essay will talk about the various skills young men, and women require in developing the economy of Canada. The challenges and opportunities Canada offers will also be part of the essay. The government of Canada is experiencing a shortage in the labor
10 pages (2500 words) Essay
Information Tech. and the Canadian Economy
The projected growth of population in Canada of 29.9 percent between 2009 and 2036 and a drop of participation rate in the economy from the current 67 percent to 64
10 pages (2500 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Let us find you another Essay on topic INFORMATION SOCIETY & INFORMATION ECONOMY for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us