Nobody downloaded yet

Questions on Management - Essay Example

Comments (0) Cite this document
Summary
Zhi Chen MGMT 402 Kimberly Francev, Ph.D., J.D. 01/01, 2012 Midterm Examination 2 Question 1: • There has developed a lot of tension between state and federal laws over the years and this has mainly resulted from the fact that regulatory agencies such as the Office of the Comptroller of Currency have been given too much power in the regulation of the financial system of the United States (Langer et al…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Questions on Management
Read TextPreview

Extract of sample
"Questions on Management"

Download file to see previous pages A case in point can be drawn from the lawsuit involving the Bank of America versus the City and County of San Francisco. In this case, the Bank of American seeks to annul ordinances passed by the city and county of San Francisco to protect consumers; the states are mandated by Congress to enact additional legislation especially with respect to consumer protection (Mitchell). The ordinances prohibit financial institutions (all banks, industrial loan companies and savings associations) from charging ATM fees to non-depositors. According to the cities, an ATM charge on non-depositors is punitive to consumers and weakens competition in the banking industry at the local state level (Bank of America). In this case, congestion in smaller banks makes the smaller banks to lose clientele to bigger banks that operate many ATMs in the city. Conversely, the Bank of America argued that the above-mentioned ordinances were disadvantageous as they impaired its operations. Ultimately, the Bank of America disputed the city’s contention because the city’s characterization of the ATM market was faulty. Unfortunately, the district court ruled in favor of the bank with the city falling on the losing end. According to the District Court, the savings clause in the Electronic Fund Transfer Act does not grant the cities permission to regulate fees charged on ATMs as a measure to protect the consumers. In addition, the court also ruled that Home Owners' Loan Act (HOLA) and Office of Thrift Supervision's (OTS) regulations gave savings banks the legal permission to charge ATM fees on consumers (Bank of America). • Among the issues which have come to the fore are those concerning the attempts of states to enact laws which main purpose is to protect those who live within these states. The laws that have been enacted most often have tended to be overridden by the financial regulatory agencies in the name of implementing federal laws (Mitchell). Since the American Constitution states that all the laws that are passed at the federal level are supreme to those passed at the state level, many of the agencies have used these laws as an excuse to frustrate any laws that have been passed at the state level for the benefit of the citizens. In contrast, these agencies have developed a culture of helping banks (especially national banks) to establish their dominance over their rivals at the state level. In fact, the lawsuit involving the Bank of America versus the City and County of San Francisco indicates clearly that the HOLA and OTS regulations override the ordinances. The District Court also ruled that the National Bank Act and the regulations of the Office of the Comptroller of the Currency (OCC) are supreme to the ordinances passed by the city and county of San Francisco. Federal law annuls state law both directly (by stating preemption in explicit terms) and indirectly (by leaving no room for state regulatory control). A state law may also be annulled if it is established that its execution is in contravention of a preexisting federal law. In such cases, the federal law normally preempts the state law as the application of both laws is always deemed inadvertently impossible under the provisions of the constitution; therefore, it is clear that the federal regulations ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Questions on Management Essay Example | Topics and Well Written Essays - 2750 words”, n.d.)
Questions on Management Essay Example | Topics and Well Written Essays - 2750 words. Retrieved from https://studentshare.org/management/1403563-mid-exam
(Questions on Management Essay Example | Topics and Well Written Essays - 2750 Words)
Questions on Management Essay Example | Topics and Well Written Essays - 2750 Words. https://studentshare.org/management/1403563-mid-exam.
“Questions on Management Essay Example | Topics and Well Written Essays - 2750 Words”, n.d. https://studentshare.org/management/1403563-mid-exam.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Management - questions
...of the Management of the Concerned 11 June Discussion Questions In a simple context globalization pertains to process of international integration. Globalization has made way for a global movement and exchange of people, goods and services and ideas. Globalization has its advantages and disadvantages in the context of the countries and MNCs impacted by it. Globalization has paved the way for efficiency enhancement as it allows for the exploitation of the resources of varied nations to produce goods and services. Going by globalization, consumers do have access to a wider range of goods and services. Globalization allows the MNCs and countries to produce goods at most competitive prices by allowing for the usage of...
15 Pages(3750 words)Essay
Operations Management Questions
...Task Operations Management-Discuss How Service Operations Are Different From Manufacturing Operations And Explain How Service Operations Can Benefit From Implementing Manufacturing Approaches And Systems. Draw Concepts and Theories to Answer These Questions Introduction This paper focuses on elaborating on the difference between service and manufacturing operations. It goes further to give an explanation of how service operations benefit from implementing manufacturing systems into their operations. The use of systems has recently been widely accepted as an easy way of increasing the value of the goods and services being offered to customers (Harvard Business Review, 2000). The use of systems theory can be said to...
8 Pages(2000 words)Essay
Important Management Questions
...?Important Questions Table of Contents Application of DMAIC to Organizational Change 3 FMEA Utilization in Performance Management 4 Types of Organizational Design 8 Hackman and Oldham’s Job Descriptive Index (JDI) 10 Assessing Training Effectiveness 12 Application of DMAIC to Organizational Change DMAIC model signifies the data-driven enhancement cycle that is utilized for the purpose of stimulating and stabilizing the business processes and designs. The five most significant steps of DMAIC process are Define, Analyze, Measure, Improve and Control. The Six Sigma DMAIC process methodology is a system through which considerable development to the prevailing methods that are falling below requirements are addressed....
5 Pages(1250 words)Essay
Ten Financial Management Questions
... Ten Financial Management Questions This paper of articulated mathematics in illustration of the questions of Financial Management shows how the basic nature of transactions are ensured to yield maximum benefit for investors in the company. Order#: 153825 Deadline: 2007-03-03 06:57 Style: APA Language Style: English US Pages: 6 Sources: 1 Writer ID: 6746 Question 1: In January, 1950 Billy Bob bought 100 shares of stock in Ben's Barbeque, Inc. for $37.50 per share. He sold them in January, 2004 for a total of $9,715.02. What is Billy Bob's annual rate of return Billy Bob bought shares in January 1950 He sold them altogether in January 2004 Hence he possessed them for 54 years Number of shares he bought were 100 Total investment... from...
6 Pages(1500 words)Essay
Management Questions
...Management Questions Question One Demand of a product is influenced by several factors some of which includes price of the product, prices of the cross substitutes, the consumers income, consumers taste of a particular good, consumers expectations about future prices , advertising among others. Consumption is influenced by factors such as investment and savings. In this case various people will have different consumption patterns dictated by their taste & preferences and also the market prices of the goods plus other factors. Therefore multiplying expected per capita consumption of a given country by its population will not give us a good estimate for potential demand. Question...
5 Pages(1250 words)Essay
Critical Thinking Questions - Project Management
...Critical Thinking Questions - Project Management Why do we speak about Project Lifecycle? What does it imply? We speak of project life cycle because projects don’t last forever. Though projects may sometimes seem to last forever, they fortunately do not. It spans logical phases or stages that are completed at a certain point in time. According to Michael Newell (2005), project life cycle defines the beginning and the end of a project and the various phases in between. The project management processes such as initiating processes, planning processes, executing processes, controlling processes, and closing processes may be repeated over and over in each phase of the project life cycle. In studying a...
6 Pages(1500 words)Essay
Management Questions
...1. How apply what you have learned in managing individual performance situations  Please write a paragraph explains from the chapters how can I applywhat is in the chapters to my life.  Using the skills learnt from management of individual performance inputs in a person’s personality a lot of traits. For eg the sense of responsibility. Like in organizations an individual’s work is not only limited to him but others also depend upon it as it the task assigned to him can be a component of a larger project and he has to complete his task so the project proceeds ahead. Another example can be facing various scenarios and situations that are troublesome helps a person deal in situations where he would normally get tense...
3 Pages(750 words)Essay
Management Business Questions
...be well prepared over the concept of reorganization and should be in a position to handle any type of questions posed by the employees related to the decision. The manager should be able to communicate the conditions and issues surrounding reorganization in an effective manner. Reorganization is not an easy thing to do and it will affect the employees and their families to a great extent and by commuting the problems and concerns effectively, the whole process of reassigning and offering of severance packages can be carried on smoothly. As a first step towards reassigning and layoff, the manager should call for individual meetings with the concerned employees. The change in title, department and...
5 Pages(1250 words)Essay
Medication Management Review Questions
...MEDICATION MANAGEMENT REVIEW QUESTIONS By + Medication Management Review Questions 1. What is potency? Potency is measure of drug activity expressed in terms amount required to produce an effect of given intensity. 2. What does the term ceiling dose mean? Ceiling refers to property of increasing doses of a given medication to have progressively smaller incremental effect. 3. What is route of administration refer to? Route of administration refers to the path by which drug, fluid, poison, or other substance is taken into the body 4. What are side effects? A side effect is peripheral or secondary effect, especially an undesirable secondary effect of a drug or therapy. Also,...
4 Pages(1000 words)Essay
LBs Management Case Study Questions
... LB’s Management Case Study Questions Throughout the launching process, the Forever Young global advertising and communications team faced various challenges including miscommunication between the Toronto and London offices, information deficiency, and deficiency of time to deliver a final product. Team’s poor coordination and the decision by Florin and David to leave resulted in a team that had little knowledge of the market. These difficulties derailed the launching process. The difficulties experienced by LB’s organization are attributable to the use of a long communication link instead of a direct communication which was needed for the turnaround. The organization’s communication link encompassed account...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Questions on Management for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us