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Introduction to Business

Working the Net

Introduction to BusinessWorking the Net
  1. You will find the listing for the 100 Best Corporate Citizens at the website for Corporate Responsibility magazine (http://thecro.com). Review the current list of companies and pay close attention to those marked with a “yellow card” caution and a “red card” caution. These are companies that have either been removed from the list due to unethical behavior or have been warned that some of their actions border on unethical. What surprised you about the companies that have been flagged? Select one of the flagged companies and explain what they can do to improve their CSR profile.
  2. Richard S. Scrushy, former CEO of HealthSouth Corporation, was charged with $1.4 billion in fraud. He was acquitted. Bernie Ebbers, former CEO of WorldCom, was found guilty of helping mastermind an $11 billion accounting fraud. Go to the internet and read several articles about the charges against both men. Find articles on why one was guilty on all counts and the other acquitted on all counts. Explain the ethical issues involved with each.
  3. Visit the website of People for the Ethical Treatment of Animals (PETA), http://peta.org, and under the Issues tab, read about PETA’s view of Animals Used for Clothing. Do you agree with this view? Why or why not? How do you think manufacturers of fur clothing would justify their actions to someone from PETA? Would you work for a store that sold fur-trimmed clothing? Explain your answer.
  4. Green Money Journal, http://www.greenmoneyjournal.com, is a bimonthly online journal that promotes socially responsibility investing. What are the current topics of concern in this area? Visit the archives to find articles on socially responsible investing and two areas of corporate social responsibility. Summarize what you have learned.
  5. Double the Donation, https://doublethedonation.com, is a website that provides information on top forms of corporate philanthropy and highlights companies with strong giving programs. Research several companies and their philanthropic activities and provide details about what makes these organizations excellent corporate citizens.
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