Case Activity #1:Research the Wells Fargo Scandal
What level of responsibility should front-line employees of Wells Fargo have in carrying out the unethical business practices of the organization. Refer to moral, immoral, and amoral behavior. (T1, Ch1)
Review how organizations interact with their external environment as open systems. How effective was Wells Fargo as an open system before the scandal became public (T1, Ch1)?
Which classical management approach fits best with how Wells Fargo operated prior to the scandal becoming public? (T1, Ch2)
Which behavioral management approach fits best with how Wells Fargo operated prior to the scandal becoming public? (T1, Ch2)
Which modern management approach fits best with how Wells Fargo operated prior to the scandal becoming public? (T1, Ch2)
Which “environmental” force do you believe impacted Wells Fargo’s decision to engage in unethical business practices? (T2, Ch5)
Based on your assessment of Wells Fargo, what decision making environment was the organization functioning in pre- and post-scandal (certain, risk, uncertain)? (T2, Ch7)
If you were an executive at Wells Fargo, what type of scenarios would you plan for (scenario planning) to move the business forward? (T2, Ch8)
Each response – 150-200 words; cite from at least one source
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