Conflict On A Trading Floor

Conflict on a trading floor The transformation of inappropriate on a trading floor visualised a realistic scenario we face in workplace of counterpoint values, incentives and actions. individualized value and ethical standard often baffle crosswise with practices at work. Shall we comply with our bear standards and risk project or status, or compromise on our deliver standards and accede to the nip and expectations is a question we often ask ourselves when go about with similar situations. From our class discussions and my self-reflection, I came to realize two points I faeces use as a framework of thoughts in such situations. First, we should always bear in mind the grownup picture. The bigger picture includes the context of the environment, immense-term consequences of actions and thinking in the return key partys position. Very often, unethical practices are through with(p) to gain short-term benefits. This is done at the expense of time to come prospects, such as clients go forth once they realize theyve been deceived, breathing out of reputation and respect, and vent of employment. Unethical practice rarely holds up for a long term and often reveals itself sooner or later. Even the smartest population can non keep deception forever. The recent case on Goldman Sachs is a good example. Secondly, unethical practice is a dodgy slope. Once we adopt it once, we are to a greater extent promising to insure doing it. The opportunistic thought often pushes us just polish up the slope since we were not caught the first time. This is a sort of more dangerous effect as it can star topographic anatomy to more serious, bigger or criminal offences which not champion cause considerable damage to counterparties but also our own lives. Extreme caution should be given to this point when in a conflicting situation. Giving voice to values mouth up and expressing discontent or concern in such situations is not always easy. We face en ormous pressure and expectation. By discour! se up, we might risk relationship with peers or superiors, or being isolated from the group, or even the...If you want to put a full essay, order it on our website: BestEssayCheap.com

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