Question

In: Accounting

What some Opportunities and Threats in the financial industry?

What some Opportunities and Threats in the financial industry?

Solutions

Expert Solution

Financial industry is the backbone of any country's economy.To boost the economy the country needs to have its financial services working in a fast pace growth to strengthen its economy.

Opportunities:

i.Financial leverage:Leveraging enables industry to expand in other sector and markets which may create a boostful effect on the economy

ii.Larger audience:Financial industry can get into online services which will allow it to expand worldwide at lower expense and also results in value addition.

iii.World's financial market is growing day by day and due to which the onus is on the financial industry as the markets are also emerging.

iv.Diversification of industry worldwide which will reduce cost.

Threats:

i.Fluctuation in the currencies are taking place due to the countries economy rising upward or downward respectively.

ii.Changes in the country's policy may affect the industry as the risk may also increase because of the changes in the policy.

iii.Fluctuations of revenue will make an impact on the investment.


Related Solutions

What are four threats and four opportunities for the automotiveinsurance industry?
What are four threats and four opportunities for the automotive insurance industry?
INDUSTRY OVERVIEW (Competitive Opportunities and Threats) Industry: Real Estate Industry growth:   What is the rate of...
INDUSTRY OVERVIEW (Competitive Opportunities and Threats) Industry: Real Estate Industry growth:   What is the rate of growth in percentage terms of the Real Estate Industry (increase in industry sales averaged for five-year period). Where is the Real Estate industry in the life cycle - emerging, rapid growth, maturity, decline? Provide supporting evidence for your conclusion. List credible sources for your information. (This question is asking for information from the ACTUAL real estate industry in the US as of this date)
What are some of the external “opportunities” and “threats” to organizations that can be associated with...
What are some of the external “opportunities” and “threats” to organizations that can be associated with the COVID-19? (state at least three (3) each
INDUSTRY OVERVIEW (Competitive Opportunities and Threats) Industry: Real Estate Technological Change - Is the industry technology...
INDUSTRY OVERVIEW (Competitive Opportunities and Threats) Industry: Real Estate Technological Change - Is the industry technology for Real Estate changing rapidly? Are there segments where it is changing more rapidly? Provide supporting evidence for your examples. List credible sources for your information.
Regarding the E-COMMERCE industry identify opportunities and threats with operating in this industry. Provide reasoning for...
Regarding the E-COMMERCE industry identify opportunities and threats with operating in this industry. Provide reasoning for each one you identify.
The Covid-19 pandemic creates opportunities and threats for practically every business in every industry. What strategic...
The Covid-19 pandemic creates opportunities and threats for practically every business in every industry. What strategic approach should a company pursue when dealing with a Black Swan event such as this? Why? While all companies have different criteria regarding the specific strategic decisions that will be made, ethical decisions are also very relevant and should be more consistent across industries and companies. Indeed, in many cases ethical decisions are likely the most important as the heath of employees, customers, and...
Perform SWOT analysis for Saudi banking industry explaining strengths, weakness, opportunities and threats.
Perform SWOT analysis for Saudi banking industry explaining strengths, weakness, opportunities and threats.
Discuss opportunities and threats (INDUSTRY) and give examples for companies: • Sociocultural factors: • Economic factors:...
Discuss opportunities and threats (INDUSTRY) and give examples for companies: • Sociocultural factors: • Economic factors: • Technology factors: • Environmental factors: • Political factors: • Legal and regulatory factors:
using the industry life cycle model, explain how the threats and opportunities for existing firms in...
using the industry life cycle model, explain how the threats and opportunities for existing firms in an industry change over time.
Macroeconomics & microeconomics: What are the strengths, weaknesses, opportunities and threats
Macroeconomics & microeconomics: What are the strengths, weaknesses, opportunities and threats
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT