Tuesday, June 17, 2008

TUESDAY 6/17

IC212
Even Small Companies Can Innovate article.
TODAY:
-We discussed Chapters 3 & 4 in The Corporation. Our discussion focused on: the psychopathic traits of a corporation; externalities; Anderson v. General Motors; the science of exploitation; the 4 myths of CSR; why the law's ability to protect people & the environment from corporate harm has suffered.

HOMEWORK:
-Quiz #5: The Corporation chapters 3-6.
-Read & be ready to discuss The Corporation chapters 5 & 6.
-Notecards.

STUDY GUIDE:
Chapter 3
-Psychopathic traits of a corporation.
-What is an externality and who is affected by an externality?
-Exlplain Anderson v. GM.
-Explain the "science of exploitation."
Chapter 4
-The 4 myths of CSR.
-The 4 reasons the law's ability to protect people & the environment from corporate harm has suffered.
-The 4 main reasons why certain corporate executives opposed FDR's New Deal.
-What act was passed by Congress in 1952 in order to make the coal mining industry safer?
-In the mid-1970's the Supreme Court decided that what Amendment extended constitutional protection to corporate financing of elections?
-Anne Wexler is mentioned often in the chapter. What job does Wexler hold in Washington, D.C.?
Chapters 5 & 6
-Explain the "nag factor."
-4 areas where companies prey on children (opportunity in devastation).
-Describe the different categories of parents that are discussed.

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