Conflict On A Trading Floor

Conflict on a trading floor The shimmy of inappropriate on a trading floor visualized a realistic scenario we face in workplace of conflict values, incentives and actions. individualized value and ethical standard often love crosswise with practices at work. Shall we comply with our bear standards and risk melodic phrase or status, or compromise on our stimulate standards and yield 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 cosmic picture. The bigger picture includes the context of the environment, commodious-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, suc h as clients release once they realize theyve been deceived, breathing out of reputation and respect, and exhalation of employment. Unethical practice rarely holds up for a long term and often reveals itself sooner or later. Even the smartest mint 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 more promising to persist in doing it. The opportunistic thought often pushes us just stamp out 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 single 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 verbalise 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 conduct a full essay, order it on our website: OrderCustomPaper.com

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