Chapter+2-Social+&+Ethical+Environment

**__Wednesday, September 14 - Thursday, September 15__**
1. Read pages 31 - 41. 2. Complete the assignment:

//Put all work into your Google folder. Use an appropriate label for your work.// **Reviewing What You Read:** 1. According to the text, what is a business' most important resource? Why? 2. What is the biggest contribution to the increased population? 3. What has caused the decline in the number of young workers in recent years? 4. Why has there been an increase in the labor participation rate for women? 5. According to the text, what percent of the population live in poverty? In the last five years do you think this percent has changed? How and why? 6. Define 'glass ceiling'. 7. Why are many women and minorities unable to advance in their place of work? 8. Why is it difficult for employers to design and implement comparable worth plans? 9. Why have employers: -- redesigned jobs? -- improved health and safety? -- implemented family-friendly practices?

**Exercises:** 1. Analyze Information #1 (page 51) 2. Analyze Information #3 (page 51)

__Friday, September 16__
1. Read pages 41 - 46 2. Complete the assignment

//Put all work into your Google folder. Use an appropriate label for your work.// **Reviewing What You Read:** 1. What actions has the federal government taken to protect the environment? 2. How does ethics differ from laws? 3. Give two reasons why a business should be socially responsible. 4. Give two reasons why a business would not want to get involved in socially responsible projects.

**Exercises:** 1. Analyze Information #4 (page 51) 2. [|Click here] to view the Worlds' Most Admired Companies for social responsibility (2010). Summarize how each business/company demonstrates its social responsibility:

__ Monday, September 19 __
1. Read the article [|"Hollywoood Falls for Teen Scribe's Tall Tale"]. 2. Answer the questions found on page 4 of the article.

__ Thursday, September 22 -Monday, September 26 __
**Exercises:**
 * 1. ** Though the terms business ethics and corporate responsibility as often used interchangeably, they don't mean the same thing. Define each term and explain how the following events could have happened: Fannie Mae, the largest buyer of U.S. home mortgages, was named one of the "100 Best Corporate Citizens" by Business Ethics magazine five years in a row, making it to the top spot in 2004. Shortly after the announcement of the award, news of a massive accounting scandal involving several Fannie Mae executives hit the news. Recently, the business judgment of its management has been questioned as their role in the subprime mortgage mess unfolds. // How can a company be recognized as a good corporate citizen and still experience serious ethical failure? //

nordstrom.com mayoclinic.org ritzcarlton.com // Cite examples to justify your answer. // Morgan Spurlock, a budding film maker from West Virginia also saw the comments from McDonald's and decided to test out the theory that the food was indeed healthy. He filmed a documentary reflecting the views of Americans on fast food, obesity and corporate responsibility in his first film 'Super Size Me'. The film is more than just a run of the mill documentary however. At the heart of the film is a record of Spurlock's health and state of mind as he exists on a diet of nothing but McDonald's menu items, three meals a day for 30 days.
 * 2 ** . Use the following websites // to identify if each company shows evidence of having good ethical and socially responsible practices: //
 * 3. ** Super Size Me

Spurlock put on weight, suffered stomach pains, mood swings, vomiting, a reduced sex drive, headaches, palpitations and liver problems. Hardly surprising you might suggest if that is all he eats! Certainly the McDonald's Corporation looks at it that way. Walt Riker suggests exactly that, pointing out that it proves nothing other than "if you stuff yourself with food and stop exercising it's probably not a good idea" (Source of quote: The Daily Telegraph, Friday March 19th 2004). However, later, McDonald's announced that it was phasing out its supersized drinks and fries portions in an attempt to give customers choices and support a balanced lifestyle. // How does McDonald's view its role in social responsibility? //

// 1. What wrongdoing did the whistle-blower expose? // // 2. What happened to her when she blew the whistle? Did she experience retaliation? // // 3. Did she do the right thing? Would you have blown the whistle? Why or why not? //
 * 4 ** . Each December, Time magazine devotes its cover to the person who has made the biggest impact on the world that year. Time's 2002 pick was not one person, but three: Cynthia Cooper (WorldCom), Coleen Rowley (the FBI), and Sherron Watkins (Enron). All three were whistle-blowers. Read about one whistle-blower from above. Do research to answer the following questions:

__** Tuesday, September 27: **__
**Exercise:**
 * 1.** With globalization and the interdependence of the world's economics, global awareness is more important than ever. Global awareness involves understanding and addressing global issues including other nations' cultures and languages. Developing global awareness includes respectfully working with and learning from people from diverse cultures and lifestyles. Being globally aware will help you to be successful in the increasingly globalized world

**//Research to find a current global economic issue.//** **//- How do various nations view the issue?//** **//- What are their solutions?//** **//Write one or more paragraphs to describe the differences or similarities between the nations regarding the chose global issue.//**

__ Thursday, September 29: __

 * 1**. Read [|Business Ethics in China] and answer the following questions.

1. //** Why is eliminating corrupt practices in business imporatant to the Chinese? **// 2. // **What advice do the Chinese have for those who want to work with chinese companies or want to bring their business to China?** // 3. ** //How is favoritism viewed by the Chinese?// How do we in the U.S. view favoritism? **
 * Questions: **

__ **Friday, September 30** __
4. //** Summarize the 'Rules of International Business Ethics'. This can be done as a collective work or done by restating each point in your own words. **//
 * Challenge:**

**__ Monday, October 3: __**
1. Read [|The Role of Ethics in International Business] and complete the following: Based on his view and your response:
 * // Explain the author's view on whether or not ethics is important in international business. //**
 * **// If ethical behavior is __not important__ in international business, why not and what can be implemented to ensure honesty in employees? //**
 * **// If ethics is __important__, how does he suggest to approach ensuring ethical behavior in international business? //**

**__ Tuesday, October 4: __**
1. Test over Chapter 2 2. Chapter 3