MONDAY 05/06

SR368 
TODAY:
-No new discussion questions were due.
-You took Quiz 14.
-We finished discussing Chapter 12 & then discussed Chapter 10.

HOMEWORK:
-None.

IC212
TODAY:
-The Corporation Chapter 5 discussion questions 1-6 were due.
-You took Quiz 13.
-We finished discussing The Corporation Chapter 4.

HOMEWORK:
-None.

EXAM 2 STUDY GUIDE:

I. Definitions
Chapter 1: corporation, jobbers, south sea company, limited liability, deregulation, corporate social responsibility, shareholder, stakeholder, capitalism, new capitalism, sustainable development, brand drivers
Chapter 2: cause marketing, capitalism with a conscience, community traded, psychopathic
Chapter 3: objective decision making, subjective decision making, ethics, morality, rationalize, offshoring, externality, cost-benefit analysis, science of exploitation
Chapter 4: consumerism, materialism(in business)
Chapter 5: cradle to the grave, opportunity in devastation, the nag factor

II. Question & Answer
Chapter 1
-What Latin word, meaning body of people, did corporation originate from?
-What are the 2 main advantages of a corporation as a form of business?
-What made it a criminal offense to create a company presuming to be a corporate body & to issue transferable stocks without legal authority?
-In what year did the English Parliament outlaw the corporation?
-Industrialization in America involved what 3 important developments?
-Who were the 2 federally chartered enterprises that built the transcontinental railroad?
-By 1900, what 3 American cities had a population over 1 million?
-What 2 states sought to attract corporations by getting rid of unpopular government restrictions?
-What Constitutional amendment helped corporations get legal status as a "person?"
-What are the 3 P's that CSR honors?
-From 1908-late 1930's, what did AT&T refer to itself as?
-What term did GM use to give itself a more personal, human, & friendly image?
-What corporation believed capitalism would not survive unless equality & cooperation existed between workers & capitalists?
-What is used by corporations to create unique & attractive personalities for themselves?
-What corporation is currently Fortune Magazine's world's most admired company?

Chapter 2
-Over how many Livestrong bracelets have been sold to date?
-How much does Yoplait donate for each lid as part of their "Save Lids To Save Lives" campaign?
-Product Red was created to support what charitable organization?
-What 2 benefits does the Brewing The American Dream cause marketing campaign offer small businesses? 
-The cornerstone donation of $1 million to the One Fund Boston was made by what corporation?
-What corporation's mission is: to dedicate our business to the pursuit of social & environmental change?
-What is a fixture in the corporate laws of most countries & forbids any other motivation for corporate decision makers actions?

Chapter 3
-What states that one should treat others as one would like others to treat oneself?
-What states that the proper course of action is the one that maximizes the greatest good for the greatest number?
-What entities are affected by externalities?
-GM calculated that it could save how much money per automobile if it allowed people to die in fuel-fed fires rather than alter the design of vehicle to avoid such fires?
-The jury awarded Anderson & her children how much money in compensatory damages?
-The jury awarded Anderson & her children how much money in punitive damages?
-What % of all apparel operations in NYC are sweatshops?

Chapter 4
-In America's economy, who holds the most power?
-What powers did we discuss that the consumer possess?
-Pre-1990's, what were the 2 most frequent reasons for attending college given by students?
-Since the 1990's, what has been the most frequent reason for attending college given by students?
-What American corporation provided the Nazis with tabulation machines used by them to track records in their extermination & slave-labor camps?
-In the mid-1970's the Supreme Court extended First Amendment constitutional protection to corporate financing of what?

Chapter 5
-What is the largest education management organization in the US?
-What is the only industry that has a larger segment of the American marketplace than education?
-Kids nag their parents in what 2 ways?
-What group of parents want a good reason to buy something for their child?
-What group of parents buy products as much for themselves as their kids?
-What group of parents buy things for their kids to ease their guilt about not spending enough time with them?
-What group of parents say they shouldn't be buying frivolous things for their kids but do so anyway?

III. Short Answer
Chapter 1
-How did the corporation become a "person" & what does it mean to call a corporation a "person?"
-How do corporations use branding as a CSR technique?

Chapter 2
-How does The Body Shop utilize capitalism with a conscience?
-Why are executives who try to act morally (choosing social & environmental goals over profits), actually being immoral?

Chapter 3
-Explain the Anderson v. General Motors case.

Chapter 5
-How do corporations use opportunity in devastation to prey on children's feelings?

MN371
TODAY:
-No discussion questions were due.
-You took Quiz 14.
-We discussed the presentation & individual memo component of the group project.

HOMEWORK:
-The group proposal is due on Wednesday.