Define the term corporate social responsibility Define the responsibilities that a companys managers have to its owners, employees, consumers, and communities Research one of the following companies and explain how they have created an ethical environment for the company and what the company does to maintain a healthy corporate social responsibility environment: Starbucks Macys McDonalds Citi Pfizer NOTE: For this last section there are a already some references to Macys and Pfizer on Week 2 of the course site. As you research any one of the above companies make certain to check out their Corporate Relations and Shareholder communications of the website or any section of the website that talks about company performance, policies, and press releases. Challenges of Starting a Business For this paper, please make certain to cover the following specific topics: Definition of the term entrepreneurship Options for organizing a business discuss the advantages and disadvantages of organizing as a sole proprietor, partnership, or corporation Discuss the following types of ownership joint ventures, S corporations, limited liability companies, and cooperatives Discuss some of the advantages and disadvantages of business ownership Discuss what type of programs and where programs are available that can help entrepreneurs to improve their ability to compete and maintain their business Provide an example of business that you have experience with and how that business has been able to sustain itself over a period of time (You may certainly use a brief summary of the company that you did the Entrepreneurship Interview Project for if you would like) Business in a Global Environment For this paper, please make certain to cover the following specific topics: Explain why nations and companies want to participate in international trade Define to concepts of absolute and competitive advantage for nations in the global environment Explain how we measure trade between nations Be sure to include a discussion of balance of payments, balance of trade, trade deficits and trade surpluses Define the terms importing and exporting. Explain how companies enter the international market through licensing agreements or franchises Explain the purpose of international strategic alliances, joint ventures, foreign direct investment and international subsidiaries Discuss how one of the following companies has become a multinational corporation (large companies that operate in multiple countries): Walmart Exxon Mobil Toyota Motors Berkshire Hathaway NOTE: For this last section of the paper, you should go to the website of the company and read any sections that talk about the growth of the company since its founding. You could also read through their Annual Reports to learn how the company anticipates that it will continue to grow in the future. Read press releases, review annual reports, review the annual report of the Chairman or CEO, and review any section of the website that talk about the company history.
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