Answer the Discution Quetions about (Wells Fargo Bank)

User Generated

anwbzfz

Business Finance

Description

Please read the article ( use the link attached below or the attached pdf to view it) about Wells Fargo Bank and answer the following questions

http://money.cnn.com/2018/02/02/news/companies/wel...

Provide short answers to the attached Questions for Assessing Internal Environment for Wells Fargo. (after each question add the source that you got the answer/information from or the website you use to find info from)

put in in a form of question and answer.

please add appropriate references

Thanks

Unformatted Attachment Preview

Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner Scanned by CamScanner \'\L! Assess Internal Firm Environment "Resources are the productive assets owned by the frm; Capabilities are what the firm can do. On their own, individual resources do not confer competitive advantage; they must work together to create organizational capability. Organizational capability, when applied through an appropriate strategy, provides the foundation for competitive advantage" (Grant, 2016, pg. 118). An organizational capability is a "firm's capacity to deploy resources for a desired end result. There are three main types of resources: tangible, intangible, and human (see Figure 5.4 on page 1 19). o r .\z fl\C{d,Sd- fi ' o o o o What are the tangible resources (e.g., financial, physical) for your company? o FYI. The primary goal of resource analysis is not to value a company's tangible resources but to understand their potential for generating profit Wnut are the intangible resources (e.g., technology, reputation, culture) for your company? o FYI. More valuable than tangible resources. o Tend to be either undervalued or omitted altogether on balance sheet. What are the human resources (e.g., skillslknow-how, capacity for communication and collaboration, motivation) for your company? What is your company's core competencies (i.e., those capabilities fundamental to a firm's strategy and performance that organizational capabilities became a central concept in strategy analysis)? How big is the firm in terms of revenue and profit? How does your company compare financially to its competitors? o Forward looking performance measures (i.e., market capitalization, enterprise value,. return to shareholders) o Backward looking performance (accounting ratio, i.e., operating margin, ROE, ROCE, ROA) "Strategically important resources and capabilities are those with the potential to generate substantial streams of profit for the firm that owns them. This depends on three factors: their potential to establish a competitive advantage,to sustain that competitive advantage, andto appropriate the returns from the competitive advantage" (Grant, pg.126). e To establish a competitive advantage, two conditions must@sent i': ' lV t o Is the resource or capability relevant? o Is the resource or capability scarce? o To sustain that competitive advantage, three characteristics of resources and capabilities determine the sustainability of the competitive advantage o Is the resource or capability durable? o Is the resource or capability transferable? o Is the resource or capability replicable? o To appropriate the returns from the competitive advantage o Who gains the returns generated by superior resources and capabilities (i.e., employees or the firm/organization) ? o How strategically important are the different resources and capabilities of the firm? t' o How strong are the firm's resources and capabilities relative to those of its competitors (FYI. You should benchmark and, when possible, get groups of managers together to identify things that the company has done well in recent years)
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Surname 1
Student’s Name
Professor
Course
Date
Wells Fargo & Company
What are the tangible resources for your company?
Tangible resources are resources that have a definable physical form, and which are used to
facilitate a business operation. They are the assets that are vital for the business, but unavailable
for customers. The main tangible resource of the Wells Fargo Company is finance or cash
because it is a banking institution. Others include vehicles, land, and inventory.
John Shrewsberry. Financial Overview. Wells Fargo & Company, 2017.
What are the intangible resources for your company?
The intangible resources are resources important for a business operation, but they are nonphysical, unlike the tangible resources. Some of the intangible resources for the Wells Fargo
Company include technology such as computer software, internet, and blueprints, the company’s
trademark, goodwill and trade secrets.
John Shrewsberry. Financial Overview. Wells Fargo & Company, 2017.
What are the human resources for your company?

Surname 2
The human resources of Wells Fargo include the expertise of the workers within the
organization. Good communication skills, motivation and collaboration among the workers also
contribute to the human reso...


Anonymous
I was struggling with this subject, and this helped me a ton!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags