What happened at Wells Fargo with regard to past activities that led to this major scandal?
What happened at Wells Fargo with regard to past activities that led to this major scandal?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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What happened at Wells Fargo with regard to past activities that led to this major scandal?
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Wells Fargo is remembered as one of the greatest scandal in the history of the business. The activities of the past that paved way to the biggest scam of all times was that the employees of the lower level were unable to meet their targets of opening bank accounts.
The poor leadership from the superiors, unhealthy working environment, and setting targets that were unattainable and unclear were some of the major causes that lead to this scandle.
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