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General/Operations Manager

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AVG. SALARY

$97,140

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EDUCATION

Bachelor's degree or higher +

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Communication -- Solution

You are the chief organizational officer trying to change the direction of your financial institution. You are speaking with the president of the company about acquiring a discount brokerage firm.

1. Refresh my memory. What is a discount brokerage firm?

A discount brokerage charges discounted commission fees for brokering services.

2. How much money was freed by the sale of the convenience banking services?

By reducing our convenience banking services, we freed up $1 billion.

3. Will we be the world's largest discount brokerage?

We would become the world's second-largest discount brokerage with this deal.


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