Case & Study Fundamentals Of Human Resources Management

Questions: 1. In circumstances such as those in the Nesper case, should a bank have the burden of proving a lack of ordinary care on the part of its customer, or should the customer have to show that he or she exercised ordinary care? 2. Why should a customer have to report a forged or unauthorized signature on a paid check within a certain time to recover the amount of the payment? Answers: 1. Revealing the case provided, it is the core responsibility of the bank to make the transactions or the disbursement of money highly secured as this will help in establishing perfect relations with the concerned customers. The Nesper case critically reflects the fact that the bank should take the responsibility for managing all the bank accounts of the customers carefully (Arthur). Moreover, as per the ethics are concerned the bank needs to verify that the signature of Robert was original or not and it should implement some new process as to confirm it with the person concerned. First of all, the bank should not not exercise an ordinary care to any of the customers concerned and f it occurs, then the customer's needs to show it up to the concerned authority regarding the incident that occurred. On the other hand, moving towards the banks part, Robert was somehow responsible for the making of the forged signature as he should have the care regarding the copying of his signature in o rder to maintain the safety of his transactions from the bank (Fabozzi and Markowitz). As revealed from the case, his wife had been engaged in the desired financial misconduct before the marriage and therefore knowing all these things Robert should be aware of the transactions which may occur in future. 2. As per the ethics are concerned, the bank provides a certain limit of the timeframe in which the customer's needs to response regarding the forged or the unauthorized signature merely on the paid check (Jacobs). If there is no time for the recovery of the money which is already paid by the means of the unauthorized signature may be used by the suspect or sometimes some of the customers can execute a fraud with the help of this idea to bring an amount from the bank. Therefore in order to execute the entire business process of the bank and taking care of the customers concerned the customer's needs to appeal regarding the forged signature within the certain time frame provided from the bank (Saita). Moreover, it becomes easy for the concerned bank and the authorities to go on the recent transactions or the disbursement of the money from the bank that have been done recently and therefore it is advised and informed to the customers to report within the certain time in case of a forge d or an unauthorized signature. References Arthur, Diane.Fundamentals Of Human Resources Management. New York, N.Y.: American Management Association, 2004. Print. Fabozzi, Frank J and H Markowitz.The Theory And Practice Of Investment Management. Hoboken, N.J.: John Wiley Sons, 2011. Print. Jacobs, Charles S.Management Rewired. New York, N.Y.: Portfolio, 2009. Print. Saita, Francesco.Value At Risk And Bank Capital Management. Amsterdam: Elsevier Academic Press, 2007. Print.