Competition limits self-interests that pose potential problems for corporations
Monday, April 24, 2017 - 11:31
in Mathematics & Economics
The combination of lucrative incentives and pressure to meet sales goals led to a perfect storm that resulted in Wells Fargo employees creating millions of fraudulent bank accounts, said David King, an associate professor of management in Iowa State University's College of Business. It's an example of how self-interests can trump the best interests of an organization or its customers.