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Ethical Issues Faced By Wells Fargo

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The main issue that Wells Fargo faced was their employee and management cultural environment within the company and the other issue was the sales quotas. There are several solutions that could be implemented to address the issues raised by this scandal, including management changes, stronger internal controls, altering incentives, and building a stronger culture/ethical environment. Wells Fargo could work to build an ethical culture within the organization, including fostering a strong sense of accountability among employees and promoting a culture of transparency and integrity. Wells Fargo could revise its employee incentives to discourage employees from engaging in fraudulent practices. This could involve placing less emphasis on sales targets

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