Friday, February 21, 2020

Ethical dilemma essay Example | Topics and Well Written Essays - 500 words

Ethical dilemma - Essay Example Besides, if we pushed the deadline back, we would run the risk of the client withdrawing from the case because his extremely busy schedule might prevent him from attending to the extra paperwork that would be required if the document was to be notarized. I went home that night and thought it over. I knew that since I had my supervisor’s approval, I wouldn’t be held accountable if anything went wrong. However, I believe that as a financial advisor, I had the fiduciary responsibility to ensure that the clients are aware of all aspects of the investments. Also, in order for me to provide my best services, I always try to imagine myself in the situation that my client is in. I knew that if I were the client, I would be extremely disappointed if I found out that my financial services provider treated me as just â€Å"another filed folder† rather than a valued client who deserved the best service possible. The following day, I asked my supervisor to assign the project to me so that I could amend the complication before the deadline. Though unwillingly, my supervisor agreed. I immediately contacted the client, briefed him about the situation, and apologized that due to the prevailing circumstances, we might not be able to make the deadline that he originally set for us.

Wednesday, February 5, 2020

Pursuing a Business Strategy of Offshoring to India Essay

Pursuing a Business Strategy of Offshoring to India - Essay Example Offshoring has been a modern trend in business management. Offshoring is actually outsourcing that crosses national boundaries. It means giving some business functions previously done inside the organization in another country. The organization has to focus on its core competencies and skills and outsource the other important functions to companies located in other countries. The example of Nike is very characteristic. Nike preferred to focus on marketing and product design since these are the sectors that it believes they are its core competencies and outsource production to other countries.There has been a long discussion concerning outsourcing and British Trade Unions and US politicians have been campaigning to stop offshoring. The logic behind their campaigning is that outsourcing contributes to the rise of local unemployment rates.On the other hand, recent studies have shown that for every dollar in US outsourcing created value of 78 cents whereas for the foreign country the val ue was 22 cents.This positive side is reinforced by the fact that offshoring contributed to the economic development of underdeveloped countries. In addition, it has been argued that professionals in countries such as India exhibit a high level of professionalism and education than their counterparts in Western countries.Offshoring has also certain problems i.e. the difference in cultures and communication problems. However, it can act as a talent pool to countries engaged in offshoring (Haag and Cooper 2006).