Overview
Applied Paper Guide Fall 2023
Objectives: The goal of this paper is to use what we've learned in class to look at how Artificial Intelligence (AI) is changing the way we produce and sell goods and services. Groups will pick goods or services and study them as a case, with a special focus on AI. You'll look into how AI affects things like prices, the market structure, the cost of production, consumer behaviors, and how well businesses do. If you decide to join the university-level poster competition, you need to use real data, conduct an empirical analysis to test certain hypotheses and have some interesting findings that are worthy to share with everyone. This project is more than just homework – it's an opportunity to see into the future how businesses might work in the Age of AI.
Our subject is Credit Cards and we have decided on AL Jazeria Bank in Saudi Arabia as our bank to study for this applied paper my part is to write the industry analysis therefore I would really appreciate your support in conducting compressive research within the below main area as outlined below Please mind that it shouldn't have plagiarism and you don't use Chat GPT as we need to write real data and information as well write how AI would affected it:
Industry Analysis:
- Market Structure and Competition: Investigate the competitive landscape, assessing the number of competitors, market concentration, and potential barriers to entry.
- Profitability and Performance Analysis: Evaluate key financial metrics within the industry, such as return on investment, profit margins, and cost structures.
- Historical Trend Analysis: Analyze past industry performance, identifying growth patterns, cyclical trends, and any disruptive events. also, write the story of how the credit cards start by the story of the owner of Diner club when he was in a restaurant and he forgot his wallet and the restaurant accepted a paper he wrote on it because they know him and after that, he sends someone to pay in the next day ( it is good to start with this story as an introduction and it is okay to not follow the structure hear) in addition you may drow like a timeline when Diner club starts and then VISA and mater cards then American express and how know their is no Diner club credit cards as it is only with the very old people who get it at the beginning and their credit cards are without expiry date
- The Role of Government: Examine the influence of government policies, subsidies, and regulations on the industry. through looking at the rules and regulations in the Central Bank of Saudi Arabia you may find on their website SAMA
- National and International Market Comparison: Compare and contrast the industry’s dynamics across different countries and regions, considering factors like market size, growth rates, and competitive intensity. show a benchmarking for overall credit cards in Sauid in comparison to other countries and between the local Saudi banks and what are they using MasterCard or Visa
- Open Banking and How It Affects Credit Cards
- Provide the differences between Credit cards and low-limit credit cards and how Al Jazeera Bank is proving its products
- Please write it in a way that catches the professor's attention and we may add some economic phrases and terminology I really would like to win the best applied paper
- Please add references links