The Bank of Commerce Caribbean (BCC) is a fairly new financial institution. It started off with one bank in Jamaica and now is opening another Jamaican branch within a month and expanding to St Kitts in the months thereafter. At present, it has a local area network connecting all of its devices. However, the main method of communication among the bank departments is printed circulars. Printed circulars are also sent to investors, stakeholders and customers. You are a member of an IT team advising the bank on its networking needs. The team consists of students from your class.
1. What is a major problem that BCC will face when it expands?
2. What are three possible reasons for this problem?
3. Use a step-by-step approach to explain how your team will work out a solution to the problem.
4. Recommend a solution to the problem facing the bank that you stated in question 1. Use posters or any other media tools that you can use competently to produce a presentation that you can show to the bank managers. 5. What challenges did you face while working out a solution, and how did you overcome them?​

Respuesta :

The major problem that BCC will face when it expands is the lack of digital coverage to all its branches because they are currently using only local area network that is connecting only on branch devices.

The three possible reasons for this problem is that:

  • They are just starting new and are limited in what they know.
  • They lack exposure
  • They h]lack the needed  technology

What are the factors to be considered when opening a new bank branch?

The issues one need to look if opening a New Bank

  • Site Selection.
  • The Nearby Businesses.
  • Onsite Customer Experience.
  • ATM/ITM Accessibility.

Therefore, The major problem that BCC will face when it expands is the lack of digital coverage to all its branches because they are currently using only local area network that is connecting only on branch devices.

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