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Diploma of Finance and Mortgage Broking

   

Added on  2021-04-24

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Running head: DIPLOMA OF FINANCE AND MORTGAGE BROKINGDiploma of Finance and Mortgage BrokingName of the Student: Name of the University: Author’s Note:
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1DIPLOMA OF FINANCE AND MORTGAGE BROKINGAssignment 5 The written plan constitutes of the sustainability plan with the help of which the companycan operate in the economy in an effective manner. The scope of the sustainability policy is tomeet the demands of the current generation without sacrificing the capability of the futuregenerations in order to satisfy their needs. One of the limitations of sustainability is theproductive incorporation of sustainability may lead to simple interpretation of the word. This sustainability plan is associated with mortgage broking business and therefore theplan is related to effective functioning and performance of mortgage broking business. The mainaim of the mortgage broking business is to provide assistance to their client in accordance toundertake investments and loans from the correct financial organization that provides loan to theindividuals and even monitor their loan structure so that their clients receive the best and qualityservices and is able to make the most out of their businesses. The scope of the sustainability planis to increase their customer base to the optimum level with the help of which the business canincrease their level of profit. The rise in the level of customer base leads to the development ofthe market share of the company and these are the aspects the company wants to attain by takingassistance of the best and the suitable quality of services. The company wants to fulfil the needsof their customers so that they become satisfied and remain loyal to the organization in the futurecourse of time. The information that is essential for the development of the business is attained by takingassistance of the various sources with the help of which the written sustainability plan can becompleted in a precise manner and the company can attain the objectives that they desire. Thereexists various sources with the help of which the concerned data can be collected. The companyhas collected data by gaining feedback from their existing customers in order to have certain
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2DIPLOMA OF FINANCE AND MORTGAGE BROKINGknowledge about what they desire and the strategies that can be incorporated in the companywith the help of which they can satisfy their customers. The organization even looks to attaindata and suggestions from the related stakeholders so that effective strategies and the changingmarket scenario can be understood with the help of which changes can take place that canimprove the operational activities of the organization. The management of the company assessesthe strategies and the operational plans of their rival companies with the help of which they canmake amendments accordingly and compete in the competitive market. One of the key process for the development of the policies is to recognise and consultwith the stakeholders with the help of which the information and the process that is essential forthe construction of the sustainability plan can be known and utilised accordingly. Thestakeholders who have been taken into consideration are the shareholders of the company alongwith the peer members who provide assistance to the company in accordance to the various loanproducts that are offered by other financial institutions so that the customers can undertake loanin the most suitable products along with their goal and risk taking capabilities. The customerseven are a key stakeholder and the mind-set and the point of view of the stakeholders play a vitalrole and addresses the process that would be undertaken in order to prepare the plan. There exists suitable strategies that can be fundamental for enhancing the operationalqualities of the company. The organization looks to optimise the usage of the resources with thehelp of which cost of the company can be reduced and the amount of wastage can be mitigated aswell. There exists a process with the help of which the company can abstain from making use ofthe toxic and the hazardous materials so that the economic, environment and social aspects canbe safeguarded. The management should even construct plans with help of which the aspects ofthe employees can be understood and accordingly rewards and recognition programmes can be
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