Suppose you were a loan officer for a bank. The leaders in the organization have encouraged all loan officers to approve loans regardless of income or credit background. If you predict that people will not be able to make the payments and are likely to eventually lose the property, would approving this loan violate your personal code of ethics? Why or why not? How would you resolve this ethical dilemma? If borrowers, shareholders, and the community had knowledge of your bank's strategy, how would they react?© BrainMass Inc. brainmass.com October 25, 2018, 8:13 am ad1c9bdddf
Hi and thank you for using Brainmass. In this particular task, you are being asked to determine the right course of action from an ethical and business viewpoint. There are 2 ways you can view this - from a personal and a professional perspective. I suggest using this simple outline to discuss this problem:
1. The problem - 100 words
2. Your position - 100 words
3. Civic ethics - 100 words
This outline should yield 300 words which should cover what you need. Just let me know via the feedback section if you need further help. All the best with your studies and thank you for using Brainmass.
AE 105878/Xenia Jones
I am a loan officer in a bank. My bank is aggressive and savvy to advance in the market so much so that it is important for us to keep on giving out loans and approving loans even without proof of ability to repay. ...
The solution provides information, assistance and advise in tackling the task (see above) on the topic of the approval of loans regardless of the background of applicants. It is a situational problem in relation to ethics and values, particularly ethical banking. A simple outline is suggested together with key information to get the student started. Resources are also included for further exploration of the topic.
Job Analysis Interview
As a Human Resources Manager of a medium size company, you and your staff have been given the task of creating job descriptions for all the positions in your company (there are 100 different positions). You are the expert in this area and must quickly come up with a job analysis interview that will be used during the analysis process. Create interviewing checklists that your staff can use to ensure that all pertinent data is collected. You will need to create more than one type of checklist as you will need to talk to the person in the position, their supervisor, and a subject matter expert in that position. The checklist should be designed in a way that your team can use it for at least 85% of the jobs in your company.View Full Posting Details