Tuesday, February 4, 2014

Problem Solution: Remington Peckinpaw Davis Inc.

Problem Solution: Remington Peckinpaw Davis Inc. Remington Peckinpaw Davis, (RPD) is a trading company founded by Sam Remington over 35 years ago. RPD has been faced with miscellanea magnitude competition with the internet changing the face of investment. To be much competitive, RPD has begun the process of updating their products and services to help enhancing their john line. RPD has create a strategic implementation plan cognise as eRPD, the companys entry into online trading (University of Phoenix, 2009). come upon the government agency Issue and Opportunity Identification The breeding ga on that pointd from the RPD scenario has provided an opportunity to uprise up with some(prenominal) key issues and opportunities. Based on the scenario, there argon unique(predicate) events that lead up to the issues facing RPD. The archetypical event involves an obligate found in the Finance passage Journal claiming that Remington Peckinpaw Davis eRPD fire by glitches. Cust omers claim massive errors (University of Phoenix, 2009). The bite event deals with eRPD nodes file complaints with the Securities and Exchange Commission (SEC) about at sea assets because of not being able to log-in due to eRPD having computer computer hardware failure. This forced the brokerage firm to pay-out $1.7 million in neuter to the guests who filed the complaints (University of Phoenix, 2009). Finally, when the eRPD customer bulletin boards were reviewed, it reflected a steady flow of customer complaints. These complaints pertained to eRPDs lengthy lag times in opening accounts, broken and inaccurate confirmations of trades, and errors in account information, tracking, and recording (University of Phoenix, 2009). Stakeholder Perspectives/Ethical Dilemmas at that place are several internal and external stakeholders that were identify in the RPD scenario. Each of these stakeholders was faced with their individual ethical dilemmas. Stakeholders are those cha nge by the outlet negatively, positively, o! r those who can match the outcome of a...If you want to get a full essay, rewrite it on our website: BestEssayCheap.com

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