INB stakeholders

INB stakeholders - David Coffman Bus 101 Section HB 8/26/11...

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David Coffman Bus 101 Section HB 8/26/11 Inland National bank’s decision to reorganize the company’s retail banking operations, which will result in a few branches being closed has come under heavy fire by the local communities, and employees at these branches. In North Madison, the switch from a branch to automatic teller machines will result in the loss of twenty jobs. The primary stakeholders are the employees at this branch, along with the local community, and the federal and state banking industries. The community of North Madison is impoverished to begin with and can’t afford to lose their bank and have people in their community lose their jobs. However, the stakeholder with the most salience is the federal and state banking industries. INB has had a good relationship with these authorities up until they caught wind of the public disapproval of the bank closings. These authorities have the power to allow or not allow INB to close these branches. It is essential that INB maintains a good relationship with the state and federal banking agencies. Without the approval of these agencies they have the power to deny INB’s request of the North
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This note was uploaded on 01/26/2012 for the course 1 1 taught by Professor 1 during the Fall ' term at Miami University.

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INB stakeholders - David Coffman Bus 101 Section HB 8/26/11...

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