2. Course Title: Business Ethics and Social Responsibility
Grade: 12 Semester: 2nd Semester, Quarters 3 and 4
No. of Hours/ Semester: 80 hours/ semester
Prerequisites: FABM 1 & 2, Organization and Management, Principles of
Marketing and Business Math
Course Description: The course deals with the fundamental concepts, principles,
and practices of ethical standards in the business environment. It combines the
theoretical foundations of setting up business enterprises with the conduct of
entrepreneurial activities in the context of one’s accountability and social
responsibility. Specifically, the course aims to: (1) provide students with a basic
understanding of the mechanisms whereby companies can be made to act in the
best interest of shareholders, other stakeholders, and society as a whole; (2)
provide students with knowledge of general ethical principles as applied to the
special situations of business and the ability to make informed judgments
through case analyses; and (3) equip students with the ability to formulate basic
strategies in relation to corporate ethics and governance
6. Differentiate the
Forms of Business
Organizations in
terms of their
Purpose and Role in
Socio-Economic
Development
LETS GET STARTED
7. Activity 1:
(Judge Me as You Wish)
Directions: Write TRUE if the
statement is Correct or
FALSE if the statement is
Incorrect
8. 1. Income of service business is derived
from converting raw materials into
finished goods.
2. Corporations is a business organized
by five or more individuals.
3. A trading or merchandising business is
engaged in selling services to customers
for a
fee.
4. Unlimited liability of all members is
one of the advantages of partnership.
5. Market vendors are engaged in
trading business.
9. 6. The three types of business activities
are sole proprietorship, partnership and
corporation.
7. The board of directors take control of
the cooperation’s activities.
8. Verification of business name with
Securities and Exchange Commission is
required for cooperatives.
9. Single proprietorship’s income is not
taxed.
10. A bank is a manufacturing concern.
10. 1. Income of service business is derived
from converting raw materials into
finished goods.
FALSE. The income of a service business is
not derived from converting raw materials
into finished goods. Service businesses
provide intangible products or services
rather than physical products. They offer
expertise, skills, or labor to meet the needs
of their clients or customers, but they do
not engage in the production of tangible
goods.
11. 2. Corporations is a business organized
by five or more individuals.
TRUE. A corporation is typically organized
by five or more individuals. It is a legal
entity that is separate from its owners,
known as shareholders. It is characterized
by limited liability for its owners and the
ability to issue shares of stock.
12. 3. A trading or merchandising business is
engaged in selling services to customers
for a fee.
FALSE. A trading or merchandising business
is typically engaged in buying and selling
goods, rather than selling services. This
type of business buys products,
merchandise, or goods, and then sells them
to customers at a markup. The primary
source of revenue for trading or
merchandising businesses comes from the
sale of tangible goods.
13. 4. Unlimited liability of all members is
one of the advantages of partnership.
FALSE. Unlimited liability is a disadvantage
of a general partnership, not an advantage.
In a general partnership, each partner is
personally and jointly responsible for the
debts and liabilities of the business. This
means that if the business incurs debts or
legal obligations, the personal assets of
each partner can be used to satisfy those
obligations.
14. 5. Market vendors are engaged in
trading business.
TRUE. Market vendors are often engaged in
trading businesses. Trading businesses
involve the buying and selling of goods for
the purpose of making a profit. Market
vendors typically sell goods directly to
consumers in places like markets, fairs, or
other public spaces.
15. 6. The three types of business activities
are sole proprietorship, partnership and
corporation.
FALSE. The statement is incorrect. The three types of
business activities mentioned (sole proprietorship,
partnership, and corporation) actually refer to different
forms of business ownership or legal structures. Business
activities, on the other hand, generally refer to the various
tasks and processes that a business engages in to produce,
sell, and deliver goods or services. Business activities can
include things like production, marketing, sales, and
financial management.
16. 7. The board of directors take control of
the cooperation’s activities.
TRUE. In a corporation, the board of directors is
responsible for making key decisions and
overseeing the overall management of the
company. The board typically sets the company's
strategic direction, appoints and monitors the
performance of the executive officers (such as
the CEO), and makes major corporate decisions.
The board of directors represents the
shareholders and ensures that the company is
being run in their best interests.
17. 8. Verification of business name with
Securities and Exchange Commission is
required for cooperatives in the
Philippines.
FALSE. Cooperatives in the Philippines are
typically registered with the Cooperative
Development Authority (CDA) rather than the
Securities and Exchange Commission (SEC). The
CDA is the primary regulatory body overseeing
the registration and regulation of cooperatives in
the Philippines.
18. 9. Single proprietorship’s income is not
taxed.
FALSE. In the Philippines, income generated
by a sole proprietorship is subject to
taxation. Business income, including that of
a sole proprietorship, is generally taxed as
part of the individual owner's personal
income. The tax rates and regulations can
vary, and it's crucial for sole proprietors to
comply with the tax laws in the Philippines.
19. 10. A bank is a manufacturing concern.
False. In the Philippines, as in most countries, a bank is not
considered a manufacturing concern. Banks in the Philippines,
like elsewhere, are financial institutions that provide a range of
financial services such as accepting deposits, granting loans,
facilitating transactions, and offering various financial products.
Manufacturing concerns, on the other hand, are typically involved
in the production of tangible goods through processing raw
materials.
Banks are classified as service-oriented businesses and fall within
the financial services sector rather than the manufacturing sector.
21. Activity 2:
(Learn More from Me)
Directions: Indicate the type of
business activity performed by the
following items.
(Service Business, Merchandising
Business, or Manufacturing
Business)
22. Firms Business
Activity
Firms Business
Activity
Accounting Firm Ad and Promo Agency
Maegans
Supermarket
United Laboratories
Eldrich Laundry Shop Janella Beauty Parlor
Mark Bag Factory Mark Vulcanizing
shop
Janixia Dental Clinic Pizza hut
Janitorial Agency Centro Dept. Store
Drew Drug Store Plastic Factory
Unilever Company Eldrich Bus Company
Jasmine Home Depot Book store
Flores Fashion Trend
Boutique
Barrera Medical
Center
23. Type of Business
Activities
1. Service Business:
-Focuses on providing services rather
than tangible products.
-Examples include consulting firms, law
firms, healthcare providers, and IT
services.
24. Type of Business
Activities
2. Merchandising Business:
-Involves the buying and selling of tangible
goods without altering their form.
-Merchandisers purchase products from
manufacturers and sell them to customers.
-Examples include retail stores, wholesalers,
and distributors.
25. Type of Business
Activities
3. Manufacturing Business:
-Engaged in the production of tangible goods by
transforming raw materials into finished products.
-Manufacturers create products through various
processes and may sell them directly or through
intermediaries.
-Examples include factories producing cars,
electronics, or food products.
26. Firms Business
Activity
Firms Business
Activity
Accounting Firm Ad and Promo Agency
Maegans
Supermarket
United Laboratories
Eldrich Laundry Shop Janella Beauty Parlor
Mark Bag Factory Mark Vulcanizing
shop
Janixia Dental Clinic Pizza hut
Janitorial Agency Centro Dept. Store
Drew Drug Store Plastic Factory
Unilever Company Eldrich Bus Company
Jasmine Home Depot Book store
Flores Fashion Trend
Boutique
Barrera Medical
Center
28. Activity 3:
(More to go With Me)
Directions: Identify what
concept is being referred to.
Choose the best answer in
the lists of options.
29. 1. A business organization formed by at least 15
individuals, operated to benefit each member.
2. Business operation that involves purchasing and
converting raw materials into finished product.
3. An economic unit that sells goods and services
with the prime objective of generating profit.
30. 4. A business organized by 2 or more individuals
who agreed to contribute money or property.
5. Contains provisions for internal administration
of the corporation.
6. A business which is easy to form and with
minimal requirements.
7. A vulcanizing shop
31. 8. A business with unlimited commercial life.
9. Owners who originally formed the corporation.
10. A boutique shop.
32. 1. A business organization
formed by at least 15
individuals, operated to
benefit each member.
Answer: D. Cooperative
33. 2. Business operation that
involves purchasing and
converting raw materials
into finished product.
Answer: J. Manufacturing
Business
34. 3. An economic unit that
sells goods and services
with the prime objective of
generating profit.
Answer: F. Merchandising
Business
35. 4. A business organized by 2
or more individuals who
agreed to contribute money
or property.
Answer: E. Partnership
36. 5. Contains provisions for
internal administration of
the corporation.
Answer: I. By-laws
37. 6. A business which is easy to
form and with minimal
requirements.
Answer: B. Sole Proprietorship
43. Elaborate on the featured statistic.
2 out of 5
Elaborate on the featured statistic.
12 million
Elaborate on the featured statistic.
95%
44. 3.
3.
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47. Infographic Slide Report
Presentations are communication tools that can be used
as demonstrations, lectures, speeches, reports, and
more. It is mostly presented before an audience.
67%
31%
78%
48. STEP 1 STEP 2 STEP 3 STEP 4 STEP 5
Elaborate on the
step here
Elaborate on the
step here
Elaborate on the
step here
Elaborate on the
step here
Elaborate on the
step here
ELABORATE ON THE DATA YOU WANT TO DISCUSS
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49. Presentations are
communication tools that can
be used as demonstrations,
lectures, speeches, reports,
and more. It is mostly
presented before an audience.
Presentations are
communication tools that can
be used as demonstrations,
lectures, speeches, reports,
and more. It is mostly
presented before an audience.
Presentations are
communication tools that can
be used as demonstrations,
lectures, speeches, reports,
and more. It is mostly
presented before an audience.
Presentations are
communication tools that can
be used as demonstrations,
lectures, speeches, reports,
and more. It is mostly
presented before an audience.
Infographic
Slide Report
Item 1
20%
Item 2
20%
Item 3
20%
Item 4
20%
Item 5
20%
50. Presentations are communication tools that
can be used as demonstrations, lectures,
speeches, reports, and more. It is mostly
presented before an audience.
Infographic
Slide Report
OPTION 1
Presentations
are
communication
tools.
OPTION 2
Presentations
are
communication
tools.
OPTION 3
Presentations
are
communication
tools.
OPTION 4
Presentations
are
communication
tools.
51. PRODUCTION
PRODUCTION
PRODUCTION
PRODUCTION
Presentations are communication tools that
can be used as demonstrations.
Presentations are communication tools that
can be used as demonstrations.
Presentations are communication tools that
can be used as demonstrations.
Presentations are communication tools that
can be used as demonstrations.
Infographic slide report
52. Elaborate on the data you want to discuss.
Add an Infographic Page
Elaborate
on the data
you want to
discuss
Elaborate
on the data
you want to
discuss
Elaborate on the data you want to discuss.
Elaborate on the data you want to discuss.
Elaborate on the data you want to discuss.
Elaborate on the data you want to discuss.
53. STEP ONE
STEP THREE
Presentations are
communication tools
Presentations are
communication tools
STEP TWO
STEP FOUR
Presentations are
communication tools
Presentations are
communication tools
Infographic Slide Report
GRAPHICS
54. S W O T
STRENGTHS WEAKNESSES OPPORTUNITIES THREATS
What are you doing well?
What sets you apart? What
are your good qualities?
Where do you need to
improve?
Are resources adequate?
What do others do better than
you?
What are your goals?
Are demands shifting? How
can it be improved?
What are the blockers you're
facing?
What are factors outside of
your control?
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ADD A MAIN POINT
Elaborate on what you want
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56. ITEM ITEM ITEM ITEM
ITEM
ITEM
ITEM
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57. 37% 67% 26%
Presentations are
communication tools that can
be used as demonstrations.
Presentations are
communication tools that can
be used as demonstrations.
Presentations are
communication tools that can
be used as demonstrations.
58. Infographic Slide Report
0 1
0
2
0
3
0
4
0
Item 1
Item 2
Item 3
Item 4
PRODUCTION
PRODUCTION
PRODUCTION
PRODUCTION
Presentations are
communication tools that can
be used as demonstrations.
Presentations are
communication tools that can
be used as demonstrations.
Presentations are
communication tools that can
be used as demonstrations.
Presentations are
communication tools that can
be used as demonstrations.
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Presentations are communication
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reports, and more. It is mostly
presented before an audience.
