This spring marked the 5th year of Loras College’s Catholic Social Teaching (CST) Business Case Competition, created by Professor of Accounting Karen Sturm
For the competition, teams of students select a contemporary business problem, decision, or dilemma which can be a real-world case or a typical business issue set in a real-world company, involving an ethical issue, not a legal issue.
The team then analyzes the ethical and financial aspects of the case and proposes a solution using the Catholic Social Teaching principles as an ethical guideline. The teams present their case analysis to a panel of judges and the top three teams present their cases in a final round of judging. Members of the top three teams are awarded monetary prizes. The top case each year is retired and cannot be selected for future competitions.
This semester students in Advanced Cost Accounting, Auditing, and one section of Business Seminar were required to participate in the CST Business Case competition. The competition is open to any Loras students who want to form a team and enter a case.
The top winning teams and topics each year were:
: Wal-Mart: Promoting a Livable Wage – Mitchell Burgmeier (’14)
(Dubuque, Iowa), Lynn DeVriese (’14)
(East Moline, Ill.), Jordan Stecklein (’14)
(Dubuque, Iowa), Brock Wagner (’14)
: PayDay Loans – Sam Heston
, Julie Kemp
, Matthew McGraw
, Michael Rubel
: Wal-Mart’s Dead Peasant Insurance – Patrick Branson
, Paul Otruba
, Josh Wernimont
, Kelly Dietzenbach
: Goldman Sachs and the Financial Crisis – Adam Schmidt
, Kelli Flander
, Samantha Brown
: Toyota – Adam Digmann
, Andrew Border
, Nick Hayden
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