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Read the Wells Fargo case study below and answer the questions below in Q&A format of approximately 500 words (approx. 2 pages, 12 pt. Times New Roman font, double-spaced, 1″ margin (default)). Cite any sources used in MLA style. You NEED at least ONE source- could be the case study, your book, or other outside sources (wikis are NOT valid sources). The Tutoring Center offers instruction on MLA citing format- see Extra Credit section in syllabus on how to receive an extra 4% on final class grade (40 points). Purdue Owl is a very good MLA style source (https://owl.purdue.edu/owl/research_and_citation/mla_style/mla_style_introduction.html)
Upload your document and then respond to two classmates with at least 2 paragraphs (6-8 sentences) for each post with your thoughts. Feel free to compare/contrast your views, but be respectful of others. Don’t wait until the last minute to upload your document- give yourself at least the final weekend to read classmates’ posting and respond!
View the rubric for grading criteria.
Wells Fargo Moral Emotions Case Study
1. What moral emotions seem to have been at play in this case? On the part of the bank’s employees? The bank’s victims? The bank’s regulators? The bank’s shareholders?
2. What factors contributed particularly to the outrage and anger that legislators, regulators, customers, and shareholders felt?
3. Clearly inner-directed emotions such as guilt and embarrassment affected the actions of Wells Fargo employees. Were they always sufficient to overcome the employees’ utilitarian calculation: “I need this job”?
4. Did moral emotions motivate some of the whistleblowers? How?
5. In the wake of everything described in the case study, Wells Fargo has fired many employees, clawed back bonuses from executives, replaced many of its directors, dismantled its sales incentive system and made other changes. Do you think these changes were made out of a utilitarian calculation designed to avoid further monetary penalties, a desire to avoid the shame and embarrassment the bank’s managers and employees were feeling, or a combination of both? If a combination, which do you think played a bigger role? Why?
6. Select two students to respond to in discussion. Compare/contrast your responses, thoughts, and supporting evidence in complete paragraph form with at least 2 paragraphs (6-8 sentences) for each post.
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