Samsung, Lotte Targeted by Charity Probe

Samsung, Lotte Targeted by Charity Probe

Assessment

Interactive Video

Business

University

Hard

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The video discusses the role of foundations in family-run conglomerates, focusing on their use to maintain control and potentially evade taxes. The FTC is scrutinizing these foundations, particularly their revenue and charitable contributions. A comparison is made between Samsung and the Melinda Foundation, highlighting discrepancies in their giving. The video also covers a corruption scandal involving Samsung and government officials, where foundations played a central role.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do foundations potentially allow conglomerates to avoid taxes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Compare the charitable contributions of Samsung foundations to the Melinda Foundation.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do foundations play in maintaining control for family-run conglomerates?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the corruption scandal related to the former president's friend?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the allegations regarding the Samsung merger and government approval?

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