Corporate Corruption
Which consulting company caused controversy in South Africa for corruption?
McKinsey & Company
What basic needs define poverty as a moral and ethical issue? (Name two.)
Food, shelter, healthcare, or education
What small loan strategy empowers entrepreneurs in poor regions?
Microcredit
In what city did food bank visits skyrocket by +273% since 2019?
Toronto
Businesses must act ethically by supporting what?
Communities
What type of penalty is argued to be too small to stop corporate corruption?
Settlement (fine)
How many people live on less than $2.15/day globally according to the World Bank?
Over 700 million people
Name a famous microcredit organization mentioned.
Grameen Bank
Name one cause of increased food bank use in Toronto.
Rising rent, food prices, or stagnant wages
What unethical practice helps poverty by reducing government funds?
Tax evasion
True or False: Settlements alone are enough to stop future corruption.
False
Which major global events worsened poverty trends recently?
Pandemics, climate change, or wars
Besides microcredit, name one policy reform suggested to reduce poverty.
Raising minimum wage, improving healthcare, or expanding housing
What type of worker is still struggling despite being employed?
Gig worker
Ethical businesses focus on offering what to their workers? (Two things.)
Fair wages and benefits
Corporate corruption damages what three key areas?
Economies, trust, and global relations
True or False: Ending poverty at the current pace could take over 100 years.
True
What two groups need to combine efforts for successful reform?
Government and businesses
What Toronto landmark was shown on the local impact slide?
CN Tower
Fill in the blank: Integrity = ________ + Growth
Stability
Name one thing needed (besides fines) to stop corporate corruption.
Real criminal charges
What slogan connects ethics to solving poverty in the presentation?
"Ethics in Action = Ending Poverty"
What corporate social responsibility (CSR) practice helps communities thrive?
Inclusive hiring, donations or volunteering
True or False: Only unemployed individuals face food insecurity in Toronto.
False
Why is solving corruption and poverty considered a teamwork issue?
Requires companies, governments, and citizens working together