Congratulations, you assumed the position of Chief Technology Officer (CTO) of a major credit card
company and underwriter that is involved in research, development, and issuance of credit cards. Your
role is to guide the company in determining credit card risk assessment of card applicants, especially in
light of a recent complaint it received: “why he and his wife, who share the same financial ability, would
be granted different credit limits” and did this not violate the financial access rules and regulations created
in 1974.
The Chief Executive Officer requests your guidance on the risk assessment of its applicants. You need to
draft a memorandum specifically focusing on the method for determining card applicant risk. It is
important your memorandum:
• Explains your rationale for your choice;
• Evaluates your choice using an ethical paradigm;
• Evaluates your choice from the perspective of corporate social responsibility; and
• Evaluates your choice for its implications on “justice:” equity, diversity, and inclusions, as well as
any potential governmental responses to your choice.
