FNSINC514 - CS2 - Case Study Questions

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FINANCE AN

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Feb 20, 2024

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FNSINC514 – Apply ethical frameworks and principles to make and act upon decisions (Release 1) Case Study #2 (Downsizing) – Case Study Questions Case Study #2 Questions (Downsizing) Scenario Instructions Page 1 of 7 © Real Estate Academy Australia Version 1.0 – July 2022 RTO 32426
FNSINC514 – Apply ethical frameworks and principles to make and act upon decisions (Release 1) Case Study #2 (Downsizing) – Case Study Questions What you need to do: Answer the questions below by writing in the space provided. You are required to answer all questions correctly. If correct, you will see ‘Satisfactory’ or if incorrect you will see ‘Not Satisfactory’ in your grades section of your learner portal next to the assessment name. The assessor will provide feedback and a Record of Results in the assessment task once graded. You will be required to resubmit your work for any ‘Not Satisfactory’ assessment tasks. What you will need: Use the learner material provided in your online student portal as well as research materials such as books, internet, magazines, workplace documentation etc. to assist you in gaining the knowledge required to answer the questions. Remember that the assessment task is self-paced and open book. You can use whichever resources you have to answer the questions. What you need to submit: Your answers to these questions. How to Submit your Assessment: Upload your completed document into your learner portal following the instructions provided within the assessment task. You can drag and drop the file into the window or use the add file icon in the top left of the submission window and select the file your wish to upload by using the browse/choose file option. Click on “ finish attempt ” to submit it for grading. Page 2 of 7 © Real Estate Academy Australia Version 1.0 – July 2022 RTO 32426
FNSINC514 – Apply ethical frameworks and principles to make and act upon decisions (Release 1) Case Study #2 (Downsizing) – Case Study Questions Scenario 2 – Downsizing You are the Human Resources Manager of TheBank Corporation and have been convened to a special meeting with the head of the Corporation. A presentation of the corporation’s latest financial situation was conducted, including a risk analysis on the sale objectives that had been achieved during the same period. The Stakeholders shared their concerns about the Bank, as well as the recent economic recession putting pressure on operations and were seeking quick managerial decisions around staffing levels. Managers as well as heads of departments were consulted to analyse the context of the situation and were given a chance to actively participate in the development of potential resolution actions. However, to adapt to the economic slowdown and reduce costs, downsizing was selected as the most viable option. The bank is consistently monitoring its liquidity coverage ratio to comply with APRA’s ADI Prudential Standard 210, and the risk of a potential bank run following the downsizing decision has been thoroughly assessed. It has been agreed that two hundred employees will be laid off, and you have been instructed to develop an ethical plan of action to determine the terms of this decision and which workers are to be dismissed. You are also required to oversee the creation of a transparent communication plan throughout the company. Based on the supporting documentation and the information you hold, complete the activities below. These activities will assess your ability to apply an ethical framework and related principles in order to make and act upon decisions. Page 3 of 7 © Real Estate Academy Australia Version 1.0 – July 2022 RTO 32426
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