Grade 9-12
,
On-Demand Webinar

Ethics, Economics, and Social Issues: Do Businesses have a Social Responsibility?

Time: 60 mins,
Presenter: Chris Cannon
Teacher Version
Objective Standards Description Resources
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Objective

After completing this lesson teachers will be able to:

  • Compare and contrast views on the social responsibility of business.
  • Evaluate the responsibilities of business.

Standards

State Standards

Concepts

Decision Making/Cost-Benefit Analysis, Incentives

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Description

Through a short simulation, a primary source discussion, and creating a verbal pitch for a company’s board of directors, participants consider perspectives related to whether or not businesses have a social responsibility. The simulation specifically uses volunteerism and charitable donations as examples of actions that might be considered social responsibility. Participants 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

Subjects:

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