PodCast BUSMAN.docx

PodCast BUSMAN.docx - Borys Proano Professor Hollis Bus 137...

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Borys Proano Professor Hollis Bus 137 2 nd February 2, 2019 1. The Wells Fargo account fraud scandal was a very big controversy actions taken by this organization. Wells Fargo created millions of fraudulent savings and checking accounts without the consent of clients. This is a big deal because this is not ethically correct. When people started finding out they got sued by multiple organizations 2. Organization culture is the set of assumptions about the organization and its goals and practices and members of the company share. In the audio there was a scenario where after a robbery in the store, the general manager still demanded to sell more accounts. “Dials for dollars” was the quote for the employees they lived by daily. After this fiasco, it changed the way society sees banks, and now have terrible perception of Wells Fargo. 3. Like I said above, all the employees were treated like crap and weren’t even paid that much because they were young out of college. One scenario I said above was one day they got robbed at gun point, hours after police came and there are dozens of officers the general manager closed the store but made the workers still sell accounts over the phone.
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