Monday, May 6, 2019
Investing In Early Developing Country with One of the 500 Fortune Research Paper
Investing In betimes Developing Country with One of the 500 Fortune Companies - Research Paper ExampleThe aspect of globalisation was the core consideration with regard to the type of company selected. Since I was more inclined to a returns company particularly in the baking and monetary services sector, I settled on big(p) One Financial, which is a reputed banking weed with a global presence as well as beingness among the fortune 500 companies. Capital One Financial Corp is a bank holding true based in the U.S and focuses in cable car loans, home loans, and reference cards banking along with savings products (Icon assembly International, Inc. Staff and Icon Group Ltd 12-15). An associate of the Fortune 500, the corporation helped establish the mass marketing of credit cards in the initial periods of 1990s, and it is currently the fourth-largest client of the American Postal Service and its deposit form is ranked fifth in the inelegant (Paige 14). Capital One Financial f irm is the mformer(a) corporation of Capital One Auto Finance, or COAF, stationed in Plano, Texas. Subsequent to buying PeopleFirst, it grew to be the largest Internet auto lender and one of the highly ranked US auto lenders in general (Hitt et al 85). Kenya is my country of survival of the fittest for dropment for a number of reasons, first is the fact that Kenya is the fastest growing economy in the expanse and its performance is robust making it a viable destination for investment (Ndungu, Collier and ten 89-92). Commercially, Kenya has made numerous gains and its financial sector along with general economic environment is based on the contemporary economic standards. Kenyas financial and banking sector is among the most robust and lucrative not whole in East Africa but also in the entire world. Therefore, investing in the Kenyan financial and banking sector is a lucrative idea. The investment plan by Capital One Financial in Kenyas financial and banking system will be organi zed in a number of stages to execute the required results (Goodman and Downes 106). In essence, the investment program will echo the relevant realities in Kenya regarding the investment protocols that ought to be followed. Essentially, the investment will be done through joint ventures that represent the most convenient dash of investing in Kenya. Therefore, Capital One Financial will seek joint venture with local banks in Kenya through which it will launch its services and operations in conjunction with the local bank. The choice of local company will be done in a categorical manner to counterbalance certain that the concerns and goals of the investing company are safeguarded. Nevertheless, the option of foreign direct investment (FDI) will be left open so as to ensure that Capital One Financial may invest directly in the Kenyan financial system. However, this will depend on the probability of success of FDI by the company on request of the Kenyan authorities. Financial banking is the discipline of administration of money along with other valuables pertaining to a particular business. It is obvious that banks tender basic advances, deposits in addition to financial counsel, though they as well facilitate dealings on complicated financial instruments like private equity, bonds along with interchangeable funds (IBP USA Staff 56-61). The majority of top performing contenders typically perceive careers in Banking as the pinnacle of accomplishment, and sectors such as coffers, equity trading, speculation banking along
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