Lesson 5.2 - CSR and Business Ethics
Learning Goals: By the end of this lesson you will be able to
1. Evaluate the importance of corporate social responsibility for multinational enterprises.
2. Evaluate the ethical issues that arise for companies competing internationally for consumers, stockholders, employees, the host country, and society.
3. Do a stakeholder analysis to explain why unethical behavior happens.
Independent Work Before Class:
1.Textbook Sections 7.1, 7.2, and first half of 4.42.Watch the video about TOMs Shoes and answer the questions3.Glossary Quiz4.Exit Card5.Homework Forum
Do this quiz before class and after you study the glossary.
Do this short survey after class to reflect on how class went for you.
Watch this video about TOMs Shoes and answer these questions:
- What is the 1 for 1 business model? Do you think it’s a good idea?
- What is the “day without shoes” campaign about?
- Would you buy TOMs shoes because of their CSR?
Post your notes from the readings here by 1 hour before class.
During Class:
You have already picked an ethical issue for your Assignment 5.
With your group, find a company that is guilty of the ethical issue and then another company who has good CSR. For example, Nike is guilty of sweat shops, while Toms Shoes has good CSR.
Post your two companies here by end of class.
