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

The RPD barter firm was tack togethered by the renowned Wall route 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 real estate booms began changing the face of investment (University of Phoenix, 2006, p. 1). These changes produced a immature 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 propose 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 realization By evaluating the study gathered from the RPD scenario, the writer of this piece has obtain up with several key issues and opportunities (See Table 1, p. 13-14). The detail events that current of air up to the issues facing R PD pertain to the several events that focalise tally 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 transform Commission (SEC) about log-in issues they were experiencing due to eRPD having hardware failure. This in-turn oblige the brokerage firm to have to pay-out $1.7 million in damages to the customers who filed complaint (University of Phoenix et a l). Finally, when the eRPD customer bulletin! boards were reviewed, it divulged the energise issue of customer complaints. These complaints pertained to eRPDs lengthy lag times in fountain accounts, sporadic and inaccurate confirmations of trades, and errors in account information track and recording (University of Phoenix et al). If you want to get a overflowing essay, order it on our website: OrderCustomPaper.com

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