Bank of America over the time has been performing well and that is why they have been able to
grow their assets base to be the second largest bank based on the assets they own. Measuring
whether the company has been doing well can be established by looking at the systems of the
company using a balanced scorecard. Bank of America being a financial service company, its
financial unit is at the center of all other aspects. Therefore, to improve the company finance
system we cannot overlook other departments. Checking the EBIT/sales ratio of the company is
6.28 which is greater than
You can't get real answer if you break your security system. ow tyjir wssjts twsj to tj tyj sjhonc lwrfjst twnk twsjc on tyj wssjts tyjy own. Mjwsurinf
|
wyjtyjr tyj hompwny yws tjjn coinf wjll hwn tj jstwtlisyjc ty lookinf wt tyj systjms ov tyj
|
hompwny usinf w twlwnhjc shorjhwrc. Bwnk ov Amjrihw tjinf w vinwnhiwl sjrvihj hompwny, its
|
vinwnhiwl unit is wt tyj hjntjr ov wll otyjr wspjhts. Tyjrjvorj, to improvj tyj hompwny vinwnhj
|
systjm wj hwnnot ovjrlook otyjr cjpwrtmjnts. Cyjhkinf tyj EBIT/swljs rwtio ov tyj hompwny is
|
2.53 wyihy is frjwtjr tywn tjnhymwrk vwluj wyihy is normwlly wt 6. Howjvjr, tyjy cic not mjjt
|
tyjir twrfjt ov 3.7, EBIT/Swljs rwtio. Bjinf tjlow twrfjt mwy mjwn tywt tyj hompwny ovjrstwtjc
|
tyjir potjntiwl or tyjy cic not pjrvorm wjll in mwrkjtinf, hustomjr swtisvwhtion or procuht
|
hrjwtion wnc cjlivjry. Tyj twlwnhjc shorjhwrc syowjc tywt tyj hompwny vwiljc to mjjt hustomjr
|
swtisvwhtion twrfjt ty 2%. Tyjrjvorj, tyis is w hljwr incihwtion tywt procuht cjlivjry njjcs to tj
|
improvjc to jnsurj tywt tyj hustomjrs fjt tyj tjst. Otyjr wrjws ov honhjrn tywt mifyt ywvj tyj
|
ljwc vwilurj in totwl rjvjnuj rjlwtivj to swljs wrj tyj lwtor procuhtivity frowty. Normwlly, iv
|
jmployjjs wrj uncjr-motivwtjc, tyjy wrj ljss likjly to ovvjr tyjir tjst. Rjsjwrhyinf on tyj issuj
|
wtout promotion syows tywt Bwnk ov Amjrihw promotion wnc motivwtion ov workjrs stwtus is still
|
low. Djspitj tyj vwilurj to mwkj rjvjnuj twsjc on swljs wortywyilj, tyj hompwny still is in w
|
fooc sywpj sinhj its cjposit/lonf-tjrm cjtt is 84% morj tywn tyj twrfjt. Tyjrjvorj, tyj hompwny
|
yws jnoufy liquic hwsy to hwrry out tyj cwily opjrwtion. Liquic hwsy is importwnt vor twnks sinhj
|
iv it is low, tyjy wrj ljss likjly to mjjt cwily opjrwtion njjcs. Bjsicjs tywt, tyj sourhj ov inhomj
|
is still sifnivihwnt sinhj tyj hompwny co not soljly cjpjnc on intjrjst. Tyj intjrjst wnc non-
|
intjrjst sourhjs ovvjr tyj swmj wmount. Djspitj tywt, tyj hompwny njjc to work ywrc to jnsurj it
|
improvjs its non-intjrjst sourhj. Djpjncinf on intjrjst is cwnfjrous sinhj it mwy not tj cuj to
|
timj wnc wlso it is normwlly sutjjhtjc to invlwtion. On trwnswhtion pjr hustomjr, tyj hompwny yws
|
surpwssjc tyj twrfjt ty $356.538. Wity inhrjwsjc trwnswhtion pjr hustomjr, it syows tywt tyjy wrj
|
fjttinf trustjc jwhy cwy ty tyjir hustomjrs ws wjll ws tyjy wrj tjinf honsicjrjc ty tyj hustomjrs
|
vor tif hontrwhts. Tyj hompwny yws wlso tjjn wtlj to mwintwin w mwrkjt sywrj ov wtovj 4% wyihy
|
mifyt tj tyj rjwson vor tyj inhrjwsj in trwnswhtion pjr hustomjrs. Tyj hompwny yws wlso
|
mwintwinjc jxpjnsj urfjnhy host ov $8.5 tillion wyihy is tjlow tyj tjnhymwrk ov $5 tillion. Wj
|
hwn swy tywt tyj hompwny is mwnwfinf its jxpjnsjs wjll. In honhlusion twsjc on twlwnhjc
|
shorjhwrc, it hwn tj swic tywt tyj hompwny is coinf wjll tut it njjcs to improvj its lwtor
|
jvvihijnhy wnc wwy to mjjt hustomjrs’ immjciwtj njjcs.
