RSM100Y1 Study Guide - Final Guide: Comparative Advantage, Canadian Tire, Telecommuting
Document Summary
Wells fargo: fake accounts, unethical: ceo didn"t compensate for his mistakes (kept bonuses, didn"t fire top executives who led the strategy, shifted accountability to lower level employees (poor leadership) Issue: creating fake accounts to meet targets: bank success = number of accounts, more accounts = higher stock price. Did the ceo actually tell his employees to open fake accounts: no, but high requirements forced the employees to cheat (indirectly forced) Argue both ways for an ethical question, then give your opinion. Morality shaped by: family, personal views, religion, experiences. Lack of ethics spills down to lower level workers (ethics start with top management) Global mail test: will i feel good if this story appears on the global mail. Is overworking ethical: yes: if you have to or want to, then it is justifiable (family issues, no: illegal, physical abuse. Is ashley madison ethical: yes: immoral, hurts your partner (suicide case, no: your choice to cheat.
