Conflict On A Trading Floor

Conflict on a trading floor The switching of inappropriate on a trading floor depict a realistic scenario we face in workplace of impertinent values, incentives and actions. individualized value and ethical standard often deduce crosswise with practices at work. Shall we comply with our bear standards and risk undertaking or status, or compromise on our make standards and succumb to the nip and expectations is a question we often ask ourselves when set 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 much(prenominal) situations. First, we should always bear in mind the banging picture. The bigger picture includes the context of the environment, coherent-term consequences of actions and thinking in the return key partys position. Very often, wrong practices are through with(p) to gain short-term benefits. This is done at the expense of time to come prospec ts, such as clients release once they realize theyve been deceived, breathing out of reputation and respect, and blemish of employment. Unethical practice rarely holds up for a long term and often reveals itself sooner or later. Even the smartest sight can non keep deception forever. The recent case on Goldman Sachs is a good example. Secondly, unethical practice is a sliding slope.

Once we adopt it once, we are to a greater extent promising to put out doing it. The opportunistic thought often pushes us just overmaster 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 individual(a) 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 speak up and expressing discontent or concern in such situations is not always easy. We face enormous pressure and expectation. By discourse up, we might risk relationship with peers or superiors, or being isolated from the group, or even the...If you want to suffer a full essay, order it on our website: BestEssayCheap.com

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