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.
Nobody downloaded yet

Questions on Management - Essay Example

Comments (0) Cite this document
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
Polish This Essay93.4% 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
(“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
Management - questions
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.
15 Pages(3750 words)Essay
Management Questions
This essay deeply analyzes and answers six questions on managing individual performance subject. It's not only answers but explaines and examples every question, such as managing individual performance situations, the best performance management practices and a coaching approach to performance management.
3 Pages(750 words)Essay
Operations Management Questions
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).
8 Pages(2000 words)Essay
Important Management Questions
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
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 Question 2: Yellow fruits company's bonds are currently selling for $ 1,157.75 per 1,000 value bond. The bonds have a 10% coupon rate and will mature in 10 years.
6 Pages(1500 words)Essay
Management Questions
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.
5 Pages(1250 words)Essay
Critical Thinking Questions - Project Management
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
6 Pages(1500 words)Essay
Management Business Questions
The Manager is responsible for planning, organizing, staffing, routing and management of the company. One of the core functions of a manager is to utilize the human resource of the company in an
5 Pages(1250 words)Essay
Medication Management Review Questions
It can be demonstrated by a strong urge to use the drug despite being aware of its harmful effects. The first step is Assessment, nurse gathers information about the patients psychological, sociological, and spiritual status. The
4 Pages(1000 words)Essay
LBs 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. Team’s poor coordination and the decision by Florin and David to leave resulted in a team that had little knowledge of the market.
1 Pages(250 words)Essay
Let us find you another Essay on topic Questions on Management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us