Chapter 1 The Corporation and Its Stakeholders Consider 2020 and what is happening to the stakeholder, not stockholders, as companies merge or are acquired. What about the massive bankruptcies? How do those events affect the employees, the vendors, and the customers? 1. The student will explain the relationship between business and society and how they form an interactive system. 2. The student will be able to consider the purpose of the modern corporation. 3. The student will know what a stakeholder is and a corporation’s market, nonmarket, and internal and external stakeholders. 4. The student will be able to conduct a stakeholder analysis and understanding the basis of stakeholder interests and power. 5. The student will recognize the diverse ways modern corporations organize internally to interact with various stakeholders. 6. The student will analyze the forces of change that continually reshape the business and society relationship. Pre Covid but post investors leaving the oil and gas industry: What to Expect in M& A in 2020 Post-Covid: Pioneer and Parsley https://www.cnbc.com/video/2020/10/21/parsley-ceo-esg-instrumental-in-pioneer-natural-resources-merger.html How Jeff Bezos Became the King of E-Commerce https://dealbook.nytimes.com/2015/01/21/uber-closes-a-1-6-billion-financing/ Chapter 2 Managing Public Issues and Stakeholder Relationships 1. The student will identify public issues and analyze gaps between corporate performance and stakeholder expectations. 2. The student will apply available tools or techniques to scan an organization’s multiple environments and assess stakeholder materiality. 3. The student will describe the issues management process steps and determine how to make the process most effective. 4. The student will identify the managerial skills required to respond to emerging issues effectively. 5. The student will understand the various stages through which businesses can engage with stakeholders, what drives this engagement, and the role social media can play. 6. The student will be able to recognize the value of creating stakeholder dialogue and networks. Environmental Intelligence What is Environmental Intelligence? Chapter 2: https://articles.mercola.com/sites/articles/archive/2018/02/11/how-antibiotics-created-chicken-industry.aspx Chapter 3 Corporate Social Responsibility and Citizenship 1. The student will understand the role of big business and the responsible use of corporate power in a democratic society. 2. The student will know when the idea of corporate social responsibility originated and investigate how a company’s purpose or mission can integrate social objectives with economic and legal objectives. 3. The student will examine the key arguments in support of and concerns about corporate social responsibility. 4. The student will define global corporate citizenship and recognize the rapidly evolving management practices to support global citizenship. 5. The student will examine businesses with an explicitly social mission, such as social ventures and B corporations. 6. The student will be able to distinguish among the sequential stages of global corporate citizenship. 7. The student will be able to understand how businesses assess and report their social performance. www.bcorporation.net https://gravitypayments.com/thegravityof70k/ Chapter 4 Business in a Globalized World 1. The student will define globalization and classify the major ways companies enter the global marketplace. 2. The student will identify the international financial and trade institutions that have shaped the globalization process in recent decades. 3. The student will be able to analyze the benefits and costs of the globalization of business. 4. The student will identify the major political and economic systems in which companies operate across the world. 5. The student will understand the global inequalities of wealth and income and analyze the special challenges of serving those at the “bottom of the pyramid.” 6. The student will assess how businesses can work collaboratively with governments and the civil sector to address global social issues. www.youtube.com/watch?v=k2J8hlZBwv0.
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