Case Study The Global Financial Crisis - 1024 Words

There are many strategic challenges when assessing the industry and makeup of an area in which an organization chooses to serve. Bob’s Supermarket can easily identify their industry, but specific strategic changes need to occur to ensure the industry does not swallow them up. A family-owned independent grocery store has some strategic advantages over large chain retail stores, in that they have the opportunity to offer a differentiated service to the community, lacking in large chain stores. Bob’s Supermarket however, lacks in several of the areas a supermarket could work to gain a competitive advantage. Like many organizations, Bob’s came under significant market pressure from the crash of 2008, when the US economy was hit by several financial events that would make recovery slow and deliberate. The 2011 article, THE ORIGINS OF THE CRASH AND THE LIMITS ON RECOVERY, the author goes in great detail describing the events that led up to what became the Global F inancial Crisis (GFC), which entailed the real estate market crashing, large and small bank failures and the significant drop of unemployment beginning in 2007, along with global financial issues tied to the US economy (Bramble, 2011). The article goes on to explore the government’s attempt at solving the crisis with a huge bank and auto bailouts and several other measures intended to ease the crashing economy. Bob’s Supermarket could not control the events leading up to the GFC but the organization certainly feltShow MoreRelatedGlobal Financial Crisis Case Study1157 Words   |  5 Pagesexamination of the 2016 work of Firoozye and Ariff , Managing Uncertainty, Mitigating Risk, the logic, justification, and tools of one such approach will be elucidated. Firoozye and Ariff diagnose, like many others, that the systems prior to the Global Financial Crisis were not set up in such a fashion that they could handle when events didn’t fall in the ‘correct’ probability distributions (i.e., that the highly unlikely did, apparently unaccountably, occur). At the heart of their argument, however, isRead MoreCase Study : Investment Advisors As A Result Of The Global Financial Crisis1458 Words   |  6 Pages The case study emphasizes the difficulties placed on investment advisors as a result of the global financial crisis that occurred in 2008. The crisis was as a result of the crumbling mortgage market and the impact of collateralized debt obligations associated with the industry. Rudy Wong, a prominent and respected investment advisor, is concerned with advising his clients who are worried about losing their investments and savings due to the crisis. The Dow Jones industrial average was on a downwardRead MoreImpact of Finan cial Crisis on Gulf Area Essay1732 Words   |  7 PagesThe global financial crisis that was experienced in 2007/2008 affected many nations of the world. Some countries such as America and most European countries were hard hit since they were directly affected by the crisis. Other countries especially those in Asia and Africa were not adversely affected as they were not directly hit by the crisis. This crisis started in the United States after the housing bubble busted. Although the bursting of the housing bubble was the main cause of the crisis, thereRead MoreThe Economic Crisis Of The United States1680 Words   |  7 Pages Although the global economic crisis in 2008 occurred in many countries around the world, it was originally initiated by the United States of America. Being as though the United States is one of the world s most hegemonies countries after its economy suffered from an immense downturn many smaller countries were affected, most specifically the Caribbean. Many countries within the Caribbean were affected greatly by the recession due to the fact that most of their gross domestic product comes fromRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreThe Presidential Election : President Obama Is The First African American President1277 Words   |  6 Pagesthat of GBP to USD in 3 out of 4 different maturities. The 2008-2009 global financial crisis: To investigate this global impact, the first challenge we encounter is what is the beginning and ending period for this economic event. To find more reliable time frame, we use the timeline of the global financial crisis given by Federal Reserve Bank of St. Louis. This timeline is also adopted by Shynkevich (2016). In this global event, we can see several positive arbitrage profit occur in these 4 differentRead MoreThe Great Recession And The Housing Crisis1600 Words   |  7 PagesGREAT RECESSION The financial crisis that began in August 2007 has been the most severe of the post-World War II era and, possibly--once one takes into account the global scope of the crisis, its broad effects on a range of markets and institutions, and the number of systemically critical financial institutions that failed or came close to failure--the worst in modern history. Although forceful responses by policymakers around the world avoided an utter collapse of the global financial system in the fallRead MoreFinancial Crisis : The Recession Of 2008-2009881 Words   |  4 PagesThe most popularly known subprime mortgage crisis came into lime light when a steep rise in home foreclosures in 2006 spiraled seemingly out of control in 2007, triggering a national financial crisis that went global within the year. The maximum blame is pointed at the lenders who created such problems. It was the lenders who ultimately lent funds to people with poor credit and a high risk of default. When Fed flooded the markets with increasing capital liquidity, its intention was not only to lowerRead MoreBanking Sectors and Financial Crisis in the UAE and GCC Countries890 Words   |  4 Pagesï » ¿Banking Sectors Financial Crisis in the UAE GCC Countries Chapter Two Table of Contents I. UAE GCC Countries Economy Overview Overview of the Banking Sector. Islamic and conventional Banking principles. The structure of Islamic Banking in UAE GCC Countries Islamic Banks operating in the UAE GCC Countries Central Bank Federal Law II. The financial crisis in the UAE GCC Countries. Causes of the financial crisis. Effects of the financial crisis. Banking Sector beforeRead MoreGlobal Financial Crisis1408 Words   |  6 Pagesis explained the occurrence of the global financial crisis in 2008. It has shown that lots of companies have bankrupted and millions of people lose their jobs and homes around the world. Such as United States, Iceland, England, France, Singapore and China. There is a sentence in this film has make me impressed, which is â€Å" the poorest always pay the most.† The director has separated this film into five parts, which are How we get there, The Bubbles, The Crisis, Accountability and Where we are now