UGBA 2.4 - Corporate Responsibility 1.) 1 argument argues...

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Corporate Responsibility 1.) 1 argument argues that we’re mis-spending shareholder money a. Doesn’t use shareholder money to solve problems that are close to you and make executives feel better. If executive’s want to help a hospital, then they can personally do it, not use corporate/shareholder money. b. Individual philanthropy vs. corporate philanthropy i. Bank Examples: Banks have wards in hospitals, but it’s not their place ii. Nike-10 Million Dollars 1. Is it essentially a redistribution of wealth? iii. Apple-Makes people happy/makes cool products 1. These products aren’t to make people happy and for him to be a nice person, but to make money. a. This is what companies should be doing. Capitalism should inherently make people happy, and be philanthropic. b. The fact that they make a good product should be enough c. Apple also contributes to an enormous increase in the technological/electronic industry c. Starbucks example- Starbuck’s dad didn’t have insurance, so he vows to give it to
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This note was uploaded on 04/13/2011 for the course UGBA 10 taught by Professor Xuanmingsu during the Spring '08 term at University of California, Berkeley.

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UGBA 2.4 - Corporate Responsibility 1.) 1 argument argues...

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