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Lesson Plan

Econ Ed Link: The Collapse of Corporate Giants: The New Dr. Evils?

Curated by ACT

This lesson was inspired by an article in "Fortune" magazine, "Why Companies Fail," May 27, 2002. Its focus is on the relationship of business ethics to business bankruptcy or near failure. Students participate in a simulation by assuming the roles of either member of an inquiry board or by assuming the roles of the chief executive officers of a selected corporation. Internet research is required as students discover some of the causes of corporate failure.

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Concepts

business, competition, corporations

Additional Tags

choice, council for economic education, decision making, econedlink, econedlink: the collapse of corporate giants: the new dr. evils?, economic freedom, legal and social framework, corporate failure

Classroom Considerations

Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)
The intended use for this resource is Instructional

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