Question 1
WatchThe truth about high-interest loans: Hidden camera investigationto understand the concept of predatory lending and usuries. A usury is defined as the practice of lending money at unreasonably high rates of interest.
Do you believe the payday loan industry is ethical?
Would you accept employment in the industry as a manager? Why or why not?
What should be done about the industry’s practices?
Take the opportunity to read through what your fellow cohorts have posted to engage in peer learning.
QUESTION 2
Showcase environmentalism has grown in popularity to entice consumers to purchase alternate options marketed as being environmentally responsible when these options pose a challenge to our natural environment. Proving crucial in constructing a CSR development plan is ensuring goals are clearly stipulated, including progress towards attaining such goals, with open transparency. Bow Valley College, as part of our “Green BVC,” uses the “Carbon Disclosure Project” to assess third-party transparency scores when assessing businesses to partner.
Reviewhttps://www.cdp.net/en/companies/companies-scoresand select a company of interest.
2. You may notice that some companies included posing a double-edged sword considering they produce products detrimental to consumers’ health, for example, Japan Tobacco International.
3. Can a company that grows and distributes tobacco be considered socially responsible? Why or why not? What do governments do in response?
QUESTION 3
Watch
to understand better Toms business model and the rationale behind their creation of a “hero product.” Find two related articles detailing why stakeholder groups opposed their business model and the justification for their critique.
1. In using knowledge gained, select one article from the two reviewed and explain the normative and derivative stakeholders involved.
2. What critique do the stakeholders present?
3. Use the “issue life cycle” to plot the issue(s) that Toms attempts to respond to.
QUESTION 4
Review theDow Jones Sustainability World Indexto understand its focus and relevancy in order to answer the questions below:
1. What is the focus of the S&P Sustainability World Index?
2. Which sector constitutes the highest index weight? How is it calculated?
3. How many constituents are located in Canada? What is the index weight? How are constituents per country selected?
4. Research one company listed in the report and explain its commitment to CSR.