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 change over 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 tin line. RPD has create a strategic implementation plan cognize as eRPD, the companys entry into online trading (University of Phoenix, 2009). attain the government agency Issue and Opportunity Identification The teaching 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 special(prenominal) events that lead up to the issues facing RPD. The archetypical event involves an denomination found in the Finance passage Journal claiming that Remington Peckinpaw Davis eRPD assail by glitches. Customers 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 non being able to log-in due to eRPD having computer hardware failure. This forced the brokerage firm to pay-out $1.7 million in convert to the customers 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, noncontinuous and inaccurate confirmations of trades, and erro! rs 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 change by the outlet negatively, positively, or those who can fix the outcome of a...If you want to get a full essay, localize it on our website: BestEssayCheap.com

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