https://www.studentnewsdaily.com/best-of-the-web/other-than-that-the-story-was-accurate-34/
Read the entire article above, and then create a claim using the paragraph below as a basis for creating an argument about whether or not business have an obligation to be politically transparent.
Grub Hub CEO Matt Maloney sent this email to his employees
"I absolutely reject the nationalist, anti-immigrant and hateful politics of Donald Trump and will work to shield our community from this movement as best as I can. As we all try to understand what this vote means to us, I want to affirm to anyone on our team that is scared or feels personally exposed, that I and everyone else here at Grub-hub will fight for your dignity and your right to make a better life for yourself and your family here in the United States. If you do not agree with this statement then please reply to this email with your resignation because you have no place here."
Glennon: “A boycott against GrubHub [was] organized which is on Twitter’s trending list at #boycottgrubhub. Upon regaining composure after reading the email today, I tried to short the stock. Too late. It had already dropped by over 4%—$120 million of shareholder value already incinerated.” The stock has since recovered some of the lost ground, but it is satisfying to watch the market deliver a well-deserved punishment.
Topic:
Explain if you think that businesses have an obligation to the public they serve to be transparent about their true political stance or should they be politically correct in order to remain profitable.
CEC Template
DOK#1
Give two examples of how hateful politics, and anti-immigrant language could hurt businesses?
DOK 2.
Why would the CEO of a business take such a strong stance in his statement asking for employees to resign if they disagreed with the statement. Is that politically correct, Why or Why not?
DOK 3.
According the the article, how did the stock market respond to the CEO of Grub-Hub?
DOK 4.
Did the CEO expose his own personal political stance by denouncing support for Trumps views and language? Why or Why not?
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