Description: Many were gripped this past week by news of the Russian invasion of Ukraine. While provincial governments in Canada might not have many levers to pull in terms of protest, one thing a number of them have done is to remove Russian vodka off of their liquor corporation shelves. The Nova Scotia government has also pledged $100,000 in humanitarian aid to the Ukraine in addition to its move against the Russian alcohol.
Date: February 25, 2022
1) Are there any public reactions on your campus to the invasion of Ukraine?
2) How can businesses exercise corporate social responsibility in the face of this aggression by Russia against Ukraine?
3) Page 1.10 in Wiley’s Managerial Accounting: Tools for Business Decision-Making discusses an approach known as the triple bottom line. What are the three elements in this approach? How might a triple bottom line reflect a company’s action in this time of crisis?