The Paycheck Protection Program (PPP) was designed to help
The Paycheck Protection Program (PPP) was designed to help small businesses with 500 or less employees. Though there are exceptions to this for the hotel and restaurant industry, do you believe it is ethical for large corporations to accept PPP loans?
The Paycheck Protection Program PPP was designed to help small businesses
Shake Shack returning $10 million virus-linked small business loan
https://www.cbsnews.com/news/shake-shack-returning-loan-10-million-coronavirus-paycheck-protection-program/
Discussion questions:
1. The Paycheck Protection Program (PPP) was design to help small businesses with 500 or less employees. Though there are exceptions to this for the hotel and restaurant industry, do you believe it is ethical for large corporations to accept PPP loans?
2. Many of these large corporations received backlash when consumers discovered they had received PPP funding. Why do you think Shake Shack returned the funding?
3. Considering the exceptions of the PPP funding that include the hotel and restaurant industry, if you were a CEO of a large corporation such as Shake Shack, would you choose to participate in the program knowing it would likely limit the funding available for small businesses?
Discussion questions:
1. The Paycheck Protection Program (PPP) was design to help small businesses with 500 or less employees. Though there are exceptions to this for the hotel and restaurant industry, do you believe it is ethical for large corporations to accept PPP loans?
2. Many of these large corporations received backlash when consumers discovered they had received PPP funding. Further, why do you think Shake Shack returned the funding?
3. Considering the exceptions of the PPP funding that include the hotel and restaurant industry, if you were a CEO of a large corporation such as Shake Shack, would you choose to participate in the program knowing it would likely limit the fundibikng available for small businesses?
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