{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Lesson 7 Assignment 2

Lesson 7 Assignment 2 - Ashley B Hilliard June 1 2011 MG...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Ashley B. Hilliard 258-10-0169 June 1, 2011 MG 615 Lesson#7, Assignment 2 Read the 'Business Problem-Solving Case' on pages 374-376 of your text, entitled "HSBC's Mortgage Lending Decisions and the Big Melt" and address the case questions in an essay of 500-600 total words: 1. What problem did HSBC face in this case? What people, technology, and organizational factors were responsible for the problem? Did HSBC management correctly identify the problem? 2. HSBC had sophisticated information systems and analytical tools for predicting the risk presented by subprime mortgage applicants. Why did HSBC still run into trouble? 3. What solution is HSBC relying on to deal with its problem going forward? Will these solutions be sufficient to turn the subprime mortgage business around? Are there additional factors for which HSBC has not accounted? What are they? 4. HSBC made a decision to pursue subprime mortgages as a segment of its business. Explain how this was a structured, unstructured, or semistructured decision. Then, present your opinion about where in the decision-making process HSBC went wrong. Finally, apply the decision quality concepts of accuracy and comprehensiveness to this case.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern