Sign in with Google 
Key Concepts: Decision Making/Cost-Benefit Analysis, Employment and Unemployment
Objective
Students will be able to:
- Compare and contrast views on the social responsibility of business.
- Evaluate the responsibilities of business.
Description
Through a short simulation, a primary source discussion, and creating a verbal pitch for a company’s board of directors, students consider perspectives related to whether or not businesses have a social responsibility. This lesson is part of the Ethics, Economics, and Social Issues curriculum.
The simulation specifically uses volunteerism and charitable donations as examples of actions that might be considered social responsibility. Students experience how companies have competing interests in how to use their resources and what benefits and costs are involved with allocating resources to social responsibility.
Resources
Related Resources
Grades 9-12
How Does Information and Ethics Impact Decision Making?
In Lesson #3 from the "Ethics, Economics, and Social Issues" curriculum, students will play the role of a medical professional...
Key Concepts: asymmetric information, Decision Making/Cost-Benefit Analysis, Incentives
Grades 9-12
Can You Conduct Research Ethically?
In Lesson #2 of the "Ethics, Economics, and Social Issues" curriculum, students learn about positive and normative economics and how...
Key Concepts: Decision Making/Cost-Benefit Analysis, Normative Economics, Positive Economics
Grades 9-12
Is Efficiency Ethical?
In Lesson #5 of the Ethics, Economics, and Social Issues curriculum, students role-play to understand both the power and limits...
Key Concepts: Decision Making/Cost-Benefit Analysis, Marginal Analysis, Scarcity
