Strategy Research Paper Example | Topics and Well Written Essays - 500 words

Strategy - Research Paper ExampleIt has a special program for its employees through which they can benefit. Exclusive health care plans and retirements plans are examples of such programs which are being utilize by JPMorgan Chase. These programs are the ones which are helping JPMorgan Chase to attract employees in their bank and lower the chances of battle in the industry. Regardless of the ease of entry for competitors and new businesses in the industry, JP Morgan has competitive advantage over them collectible to its strategies and reward systems. Competitive Rivalry - It is seen that the industry in which JPMorgan Chase exists is a market in which many a(prenominal) of the organizations exist together. This is a reason because of which JP Morgan Chase has to face immense competition. But in order to articulated lorry this rivalry it is seen that JPMorgan is continuously implementing new strategies so that the rivals do not get a chance to locomote their position in the marke t. These innovative techniques are unique in the industry because of which the customers are being attracted towards it. A new innovative feature launched by the company is related to mobile deposition through which tidy sum who own I-phone can directly deposit funds into their account through their mobile phones.