Review the following Wells Fargo articles and reflect on the circumstances and outcomes surrounding the scandal:
“Wells Fargo Unauthorized Account Openings: A Case Study for Bank Board Directors”
“What are the Real Lessons of the Wells Fargo Case?”
“The Wells Fargo Cross Selling Scandal”
“Wells Fargo Fake Accounts Scandal”
Write a paper incorporating information from Making Business Virtuous and the Wells Fargo scandal references. Using critical thinking, sound business acumen and clear ethical and moral thinking, respond to the following:
Review the five characteristics of a virtual business as described in Making Business Virtuous and describe how Wells Fargo violated each of these. Your description should be at least one paragraph in length per characteristic.
Analyze the numerous operational shortcomings in the Wells Fargo case. Identify two that you feel contributed significantly to the development and perpetuation of the inappropriate company conduct. In one paragraph for each, describe two action items that could be implemented to incorporate virtuous principles within the organization to address the two behavioral items you selected.
In one final paragraph, summarize what you believe to be the most significant infraction of all committed by Wells Fargo, what you believe to be the underlying motivation for this non-virtuous corporate behavior.
Your paper should be 600 words in length. Use proper spelling, grammar, and APA style in your paper and for any sources
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