Problem Solution: Remington Peckinpaw Davis Inc (MMPBL 510 @ UOP)

The RPD employment firm was represented by the renowned Wall track buccaneer, Sam Remington more than 35 years ago. RPD has always been a force to be reckoned with on Wall Street, until the mid-1990s when the Internet and authentic estate booms began changing the face of investment (University of Phoenix, 2006, p. 1). These changes produced a untested layer of wealth and provided RPD with newer, tech-savvy competitors. When these tech-savvy competitors, RPD has no intention of losing its foothold on the investment world. RPD developed a strategic implementation stick out with the primary goal of developing and introducing eRPD, the companys entry into on-line trading (University of Phoenix et al). Describe the Situation Issue and Opportunity appellation By evaluating the study gathered from the RPD scenario, the writer of this piece has begin up with several key issues and opportunities (See Table 1, p. 13-14). The detail events that summit up to the issues facing RPD pertain to the several events that focalise sullen a chain reaction. The first event pertains to an condition found in the Finance Street Journal claiming that Remington Peckinpaw Davis eRPD fire by glitches. Customers claim massive errors (University of Phoenix, 2006, p. 2).

The second event pertains to eRPD customers file complaints with the Securities and alter Commission (SEC) about log-in issues they were experiencing due to eRPD having hardware failure. This in-turn forced the brokerage firm to have to pay-out $1.7 million in restitution to the customers who filed complaint (University of Phoenix et al). Finally, when the eRPD customer bulletin boards were reviewed, it divulg ed the energise liquify of customer compla! ints. These complaints pertained to eRPDs lengthy lag times in disruption accounts, sporadic and inaccurate confirmations of trades, and errors in account information trailing and recording (University of Phoenix et al). If you want to get a copious essay, order it on our website: OrderEssay.net

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