Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Jackie works at a small, local bank in credit analysis where she processes car loans. She does not decide who gets loans, but she

1. Jackie works at a small, local bank in credit analysis where she processes car loans. She does not decide who gets loans, but she checks that all the necessary paperwork is in order. One of the loans she receives for processing happens to be for a close friend of hers. In the paperwork, she sees a note from the loan officer for the file which states, "Loan to be offered at highest rate and risk level due to short work history." You see that your friend has incorrectly filled in the loan application and has reported her employment in years, not months. What actions should Jackie take?

2. Peter receives an email from Human Resources. After opening the message, it is clear that the email was intended for another Peter in the organization. Attached to the email is a list of salaries and positions at the company. Peter sees that someone hired after him and with fewer credentials and experience has a 12% higher salary than he does. At his last review, HR had told Peter that he was the highest paid person in his position due to his experience. What should Peter do?

3. Susan was instructed by her boss to pretend to apply for a position at a competitor's organization. That would include sending in an application and requesting an interview. Her boss explains, "We allow this all the time. If you get an interview, ask them how they are doing with expanding their market share in our region. Let me know what they say." What should Susan do?

4. Carl is head of R & D at Alpha corporation. He receives a call from an old college roommate who happens to work at Alpha's major competitor, Beta Corp. In the call, his roommate tells him that he (the old roommate) is looking for a job, and has "plenty of technical information about Beta's new products." The roommate asks Carl if there are any positions open at Alpha. What should Carl do?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Business Law

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

3rd Edition

978-0324826999, 0324826990

More Books

Students also viewed these Law questions

Question

What is cost plus pricing ?

Answered: 1 week ago

Question

1. What are the types of wastes that reach water bodies ?

Answered: 1 week ago

Question

Which type of soil has more ability to absorb water?

Answered: 1 week ago