Republic of the Philippines

Department of Education
Region IV-A CALABARZON
CITY SCHOOLS DIVISION OF DASMARIÑAS
FRANCISCO E. BARZAGA INTEGRATED HIGH SCHOOL
BRGY. SAN JOSE, CITY OF DASMARIÑAS. CAVITE

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

LEARNING ACTIVITY SHEETS (LAS) – 4th Quarter Week 1-2

Name: Date: Parent’s Signature:

Strand, Grade Level & Section: Score:

Social Responsibility of Entrepreneurs

Learning Competencies:
• The learners shall be able to discuss the responsibilities and accountabilities of entrepreneurs to:
a. employees e. consumers
b. government f. general public
c. creditors g. other stakeholders
d. suppliers
(ABM_ESR12-IVi-l-3.1)

The Responsibilities and Accountabilities of Entrepreneurs

A. Responsibilities and Accountabilities to the Employees

1. Pay Employees' Wages and Taxes
Entrepreneurs have the responsibility to pay the employees of their business at least the minimum hourly wage in their
locality and compensate each employee with money owed from working per pay period, including overtime, sick leave,
and vacation wages. Paychecks should always be on time and without delay so the workers can meet individual financial
obligations. The government also requires entrepreneurs to pay PhilHealth, Social Security, and taxes out of employee
wages for each employee working their business.
2. Establish and Maintain a Safe Work Environment
The government requires business companies to create and maintain a safe workplace for their employees.
Entrepreneurs must also inform employees of areas in their operations that may have a high risk for injury and train
them with necessary safety procedures. To guarantee that their workplace remains safe, they must carry out regular
inspections of their facilities and ensure that their employees know safety standards.
3. Facilitate the Acquisition of Workers’ Compensation Insurance
Despite business owners' best efforts to ensure a safe working environment, accidents may still occur. When employees
sustain injuries due to no fault of their own, employers are responsible for filing a claim with their workers'
compensation insurance provider. This coverage covers medical expenses and lost wages for their injured employee.
Companies must treat injured employees with respect and file claims promptly, without seeking to postpone the
processing of the claim or discourage the worker from making one at all. This is illegal and may result in substantial
penalties and potential criminal charges for the firm if the entrepreneur fails to honor their commitments and
responsibilities as a business owner.
4. Adhere to Anti-Discrimination Law
Discrimination against anyone based on their culture is illegal. It includes, but is not limited to, ethnicity, religion,
country, age, gender, sexual orientation, handicap, way of life, and views. The term "EEO" refers to "Equal Employment
Opportunity," which seeks to avoid discrimination, termination, or denied employment to employees based on any of
 these factors. The employer must ensure that all employees are trained and aware of their anti-discrimination
responsibilities.
5. Establish and Keep a Favorable Working Environment
As a business owner and employer, one should strive to create a positive work atmosphere that values everyone and
considers their perspectives. They must take the time to listen to their colleagues and consider their welfare by assuming
how they also strive to ensure the firm's continuous operation and profit. The more satisfied they are, the better they
will perform their duties.
6. Uphold Human Rights
The Mitsubishi Electric Group recognizes the interdependence of its business operations with a diversity of people and
societies worldwide and adheres to and enforces a code of conduct that promotes respect for human rights.
7. Facilitate Career Development
Mitsubishi Electric supports employees' careers with a human resources development system, a self-development
program, and transfer options for willing personnel.
8. Empower and Educate Employees
Promoting knowledge is critical when it comes to transforming the corporate environment. Employees' acquisition of
new information and skills acquisition of further information and skills by employees through professional and personal
growth is a necessary condition and a guarantee of corporate success.
9. Supervise Performance
"What gets measured gets done" is an expression frequently used when discussing performance management.
The straightforward meaning behind this statement is essential to our approach to rewarding and controlling
performance. We want our employees to have clearly defined goals, which they develop in collaboration with their
supervisors, based on company objectives, and encompassing three primary performance areas: profit, process, and
people.
10. Provide Incentives and Benefits
Companies must compensate their personnel attractively and adequately under market conditions. They must collect
labor market data regularly to ensure that their compensation structures remain competitive. Their incentive structure
should be well-defined and transparent in its use. It must:
• assign qualified individuals to suitable work vacancies.
• establish requirements and standards, as well as results and measures.
• orient, educate, and train employees effectively.
• continuously provide coaching and feedback.
• lay the groundwork for an efficient method that recognizes individuals for their accomplishments. And
• empower staff with possibilities for advancement/career development.

B. Responsibilities and Accountabilities to the Government

The government strives to preserve and improve the community conditions in every country. In that regard, business
firms must cooperate with the government. If businesses fulfill their obligations to the government honestly and
effectively, the government can operate more efficiently.
1. Adhere to Laws, Rules, and Regulations
The government periodically creates new legislation to ensure effective regulation and management of a business.
Business owners should adhere to all legal requirements, perform government contracts honestly and promptly, make
administrative services available to the government, recommend actions and submit suggestions to create new business
policies.
2. Adhere to Tax Obligations
Businesses must pay taxes and fees to the government to operate continually. These may include revenue taxes, tariffs
on imported products, and various administrative costs associated with business registration. Withholding these
payments, especially taxes, is a felony.
3. Obey Environmental Regulations
Numerous businesses, particularly those from the industrial and manufacturing sectors, are subject to stringent laws
governing the amount and type of pollutants they are permitted to emit. Motivated by a sense of "social responsibility"
toward the greater good, certain businesses may endeavor to reduce pollution more than the law allows.
4. Adhere to Labor Laws
Businesses that recruit employees are subject to various rules governing their treatment of employees. These include
regulations governing how much an employee may be compensated, the number of hours he may work, and the criteria
for hiring and firing.
5. Eliminate Trade Restriction Practices
Businesses are prohibited from engaging in some types of anti-competitive trade activities. For instance, most
companies will not build monopolies within a particular sector or construct significant entry barriers for new
competitors. These restrictive trade practices frequently result in decreased quality of products supplied to consumers
and increased prices.
6. Disclose Financial Statements
Companies are required to file any financial statements with the government in the form of tax returns and the public if
they acquire publicly traded stock. This financial transparency enables the company to comply with applicable rules,
such as withholding taxes and assists the public in determining whether to participate in the business.
7. Prevent Corruption
The corporate enterprise should avoid receiving favors from government authorities through bribery or influence.
8. Contribute to the Implementation Of Socio-Economic Policies
The government anticipates business sector cooperation and assistance in implementing programs and policies related
to social and economic development.
9. Contribute to Foreign Exchange Earnings
Additionally, the government anticipates that a corporate organization will earn foreign currency through exporting
products to a foreign market. The government requires this foreign currency to import valuable and vital goods.
10. Provide Advice to the Government
The business community must provide timely recommendations to the government to formulate critical industrial,
import and export, and licensing policies.
11. Contribute to the Government's Treasury
Commercial organizations must provide monies to the government in catastrophes and natural disasters such as floods
and earthquakes.
12. Assist in Promoting Political Stability
Commercial entities should contribute to the country's political stability. In a democratic democracy, a stable
government frequently increases revenue and peace.

C. Responsibilities and Accountabilities to the Creditors

1. Provide Accurate Information
Shareholders, as business owners, should be presented with accurate information about the firm to help them with
further investment decisions.
2. Ensure a reasonable return on investment
The corporation should give shareholders a reasonable return on their investment. If shareholders do not receive an
adequate dividend, they will be hesitant to contribute new capital.
Shareholders should be kept fully informed about the company's operations to ensure the business's continued success.
Additionally, the Companies Act 1956 demands that the corporation fully disclose its published financial statements.
3. Stabilize Share Prices
The company's growth, innovation, and diversity should help to boost share values. Simultaneously, shareholders should
provide unwavering support and cooperation to the company to safeguard their interests.
D. Responsibilities and Accountabilities to the Suppliers
Suppliers are primarily responsible for producing or delivering the raw materials and resources that a business need for
manufacturing under a rigid corporate structure.
Suppliers indirectly impact marketing and commercial issues such as product quality, pricing, and manufacturing. High-
quality raw materials imply high-quality finished products and a reasonable market price. Supply availability dictates
production intensity and volume.
1. Adhere to Fair Pricing and Licensing Practices
Businesses must strive for fairness and truthfulness in all dealings with suppliers, particularly when it comes to pricing
and licensing.
2. Refrain from Coercion and Litigation
Businesses should ensure that all transactions with suppliers are free of coercion and unnecessary litigation.
3. Preserve Stability
Firms must foster long-term stability in their relationships with suppliers to recoup the benefits of high value, quality,
and reliability.
4. Preserve Confidentiality
Properly dealing with suppliers entails exchanging information with them and involving them in planning procedures.
They must keep their clients and purchasers informed of any new technology or raw materials. Confidentiality must be
adhered to strictly to ensure that no information about the company or its activities is inadvertently disclosed.
5. Pay on Time
One of the most effective ways to deal with suppliers is to be accountable for timely payments following the agreed-
upon trade terms and conditions.
6. Make Prudent Supplier Selections
A firm that wishes to succeed must exercise caution when choosing suppliers. Every business has three core
requirements of its suppliers: legal compliance, quality control, and environmental stewardship.

E. Responsibilities and Accountabilities to the Consumers

Without the consumer, no business can exist. Consumer satisfaction, service, and support are critical to a business's
existence and success. The business organization must earn the clients' trust. Such is accomplished by maintaining a
favorable attitude toward customers and satisfying all of their social responsibilities.
1. Ensure the Product and Service Quality
Your responsibility is to provide excellent quality products and services to your consumers. Deliver the highest degree
of attention and never mislead to obtain a sale. A good entrepreneur is ethical and offers a fair price/benefit. Never, ever
use marketing to mislead or sell false expectations.
It is necessary to produce and supply high-quality items. The distribution system should make goods readily available
to eliminate artificial scarcity, and after-sales service should be efficient. When determining industrial policy,
purchasing capacity and consumer preferences should be considered.
2. Ensure The Health and Safety of Consumers
Critical consumer concern is the product's quality and safety. Customers require precise instructions for safe product
use, assembly, and maintenance. To avoid causing injury or danger to your customers, anticipate potential hazards at
the design stage and throughout the product's lifecycle, from research and development to production, storage,
distribution, use and disposal, reuse, and recycling. Regardless of whether formal safety requirements exist, products
should be safe for their intended use and if utilized in a manner that may be reasonably anticipated.
3. Provide Free Training
The business firm should arrange free or fee-based training for its customers. It must be in the case of computers and
other electronic devices.
4. Be Reasonable in Your Pricing
Ridiculous prices should never trick customers. It is impossible to deceive a customer often. Thus, a reasonable price
converts a one-time customer into a lifelong customer.
5. Adhere to the Golden Rule of Advertising and Marketing
Customers want to know about the product's facts, features, advantages, and disadvantages. This information is
conveyed through the advertisement. Thus, the corporation must ensure that the ad is not deceptive and that it does so
by presenting accurate and truthful data.
6. Be Honest in Your Transactions
Never intentionally mislead your customers. It is imprudent to fabricate fake stories. You are going to get caught. In
society today, where information is available at the click of a mouse, everyone conducts extensive research prior to
purchasing. Unnecessarily, you will lose their respect. If you are unable to supply something, please state this plainly.
They may not invest in that specific product but believe me when I say they will return to you shortly simply because
you were honest and guided them correctly. It serves no purpose to disparage your competitors.
7. Resolve Complaints
Consumer complaints must be addressed promptly. When significant concerns arise, establish a framework for making
quick and effective judgments about the activities and measures to take, aiming to minimize customer inconvenience.
8. After-Sales Service
The corporation is expected to provide after-sales support to maintain the products during the warranty period. Effective
after-sales service contributes to establishing a positive relationship between the customer and the organization.
9. Be considerate of your customers' time
Recognize the importance of your customer's time. Do not choose a time and location based on your availability or
comfort. If the customer wants to meet you at 6 p.m., ensure that you arrive on time, neither prematurely nor tardily.
Keep your consumers waiting as little as possible. Bear in mind that there are other possibilities on the market. Your
loss is another's gain.
10. Be courteous to customers
Consider your consumers a royalty, not just when you are under pressure to fulfill your aims within the allotted time
frame. Recognize that customers will only purchase your products or services if they believe in you and your brand.
Recognize your client's demands and expectations. Determine why they require a specific product and how your offering
will benefit them. You must develop a strong relationship with your consumers for them to not only remain loyal but
also refer others to you. The organization's job is to provide accurate advice and feedback to customers. Avoid making
promises and commitments that you know will be impossible to keep.

F. Responsibilities and Accountabilities to the General Public

A business must grasp its corporate social responsibility to maintain a favorable public image and attract new clients.
Each company that interacts with the public has liabilities.
1. Be financially responsible
According to RR Donnelley, one of the factors contributing to the downfall of firms such as Enron and Adelphia was
executives making loans to themselves using corporate funds. While it may discourage customers that businesses require
laws to be financially responsible, it would be irresponsible to enable executives to continue emptying corporate bank
accounts for personal use. When a corporation becomes embroiled in a controversy brought about by Executives' greed,
the financial consequences can be severe. That is why a business must develop and implement its principles consistent
with the law and apply specifically to the firm to avoid exploitation of company funds. Fiscal fraud shatters a consumer's
faith in business whenever it occurs. This scenario is true for both public and private enterprises.
2. Take Public Input into Account
While a business should be free to operate according to its laws and values, it should also consider its customers'
feedback to remain competitive, according to the World Bank Institute's report "Public Policy for Corporate Social
Responsibility."
A business should communicate with its customers and gain insight into what customers want in product improvements.
A business that establishes an advisory board comprised of members from a cross-section of its target audience gets
ideas on maintaining interaction with clients and improving the company's image and reputation. The corporation must
maintain accountability towards its customers; otherwise, the company would lose customers and eventually cease to
exist.
3. Ensure the community's well-being
A business exists due to its consumers and the community where it resides. The community provides the majority of
the company's employees, and the community offers all of the company's public services, such as electricity and
firefighting protection. In some circumstances, businesses receive utility and tax benefits to establish a site within the
community. The corporation owes it to the community that provides tax incentives and a labor force. When a community
event occurs, the corporation should donate volunteers, funding, or something else to help the event succeed. The
corporation should source as much as possible from local suppliers to promote support for local businesses.

G. Responsibilities and Accountabilities to the Environment

1. Adhere to Environmental Laws
There are a variety of environmental regulations that your firm may be required to follow:
• Adhere to applicable laws regulating air pollution.
• Store waste safely and securely, ensuring it is appropriately processed, arrange for collection by an authorized agency,
and complete a waste transfer note or consignment note for handed-over wastes.
• Separate paper, cards, plastic, metals, and glass from your business waste prior to collection.
• If you handle more than 50 tons of packing, you must join an approved compliance scheme.
• Ensure that you adhere to all laws regulating the storage and use of hazardous substances.
2. Proper Waste Disposal
Implement appropriate measures to prevent pollution of the environment and maintain ecological equilibrium. Industrial
wastes must be disposed of correctly or, if possible, recycled to avoid pollution. Toxic wastes, excessive noise, chemical
pesticides, and vehicle exhaust, among other things, must be monitored regularly.
3. Utilize recyclable materials
Businesses must segregate commercial waste into recycling categories: paper, cards, plastic, metals, and glass.
If your business prepares or distributes food and creates more than 50 kg of food waste a week, you must separate your
food waste. Do not dispose of food waste in a public drain or sewer, either directly or indirectly.
4. Biodiversity Conservation and Protection
Biodiversity encompasses all plant and animal species, any genetic variation within those species, and the complex
ecosystems they inhabit. As a result of human activities, the world's biodiversity is diminishing at an ever-increasing
rate. All enterprises operating near protected areas must be aware of their conservation and protection duties. Such is
not limited to land-based businesses such as forestry or agriculture but also includes all offices, industries, and other
commercial activities located in or near these areas.
Protected areas include the following:
• Local nature reserves – areas having animal or geological elements of local significance.
• National scenic areas – places of exceptional natural beauty that require protection.
• National parks - swaths of the countryside designated as protected to conserve and enhance their distinctive features.
• National nature reserves – critical habitat for wildlife.
• Special scientific interest sites – outstanding examples of natural heritage ecosystems, geological structures, and
landforms.
• Special conservation regions - strictly preserved areas for habitat types and species deemed most needed for protection
on a European scale.
• Special protection areas - locations designated for rare and vulnerable birds that are closely protected.
• Wetlands
• UNESCO biospheres - regions of terrestrial and coastal/marine ecosystems that UNESCO internationally
acknowledged as part of the organization's Man and the Biosphere program.
5. Prevent and correct environmental deterioration
Each year, millions of examples of environmental degradation occur, including the following:
• harm to species and ecosystems.
• deterioration of water quality
• dangers to human health due to soil pollution
 If you are the 'operator' of the conduct that results in or threatens to result in destruction, you must take urgent action to
prevent or remedy the situation.
6. Submit an incident report
You should report occurrences such as the following:
• harm or threat to the natural environment.
• pollution of water or land.
• poaching or illegal fishing.
• distressed or dead fish.
• watercourse blocked by a car or fallen tree, posing a risk of flooding.
• illegal dumping of hazardous waste or enormous amounts of industrial waste.
• waste sites incidents.
• illegal draining from watercourses.
• unexplained declines in river flow; and
• collapsed or severely damaged river or canal banks.
You should notify your local authorities or utility company of gas leaks, busted water mains, household odors, noise,
wastes, or pest nuisances. Businesses should safeguard the environment, which has grown in importance worldwide.
7. Make the Most of Limited Natural Resources Minimally
Limited natural resources should be managed with extreme caution, as they are rapidly depleting. Identify alternative
sources to conserve natural resources, such as forests. Discover alternatives to wood and pulp and minimize coal usage
by using alternative energy sources.
Begin by recycling paper, utilizing digital methods, and reusing the recording sheets. Separate garbage disposal areas
and discourages disposable plates, particularly those made of Styrofoam. Utilize energy-saving technologies such as
LED lighting and encourage your employees to turn off lights and equipment when not used. Encourage bicycle and
carpooling use. Additionally, invite them to participate in activities such as tree planting.

Learning Task.
Essay. Answer the following questions on an intermediate paper.
1. With your business enterprise simulation business proposal, give some examples of responsibilities and
accountabilities as an entrepreneur.
2. Do your family own a business enterprise or have you been an employee in an organization? What are/were your
responsibilities as a helper to your family business or worker in a company?

References:
Jerusalem, V., Palencia M, & Palencia J. (2017). Business ethics and social responsibility: concepts, principles, &
practices of ethical standards. Manila, Philippines: FASTBOOKS Educational Supply, Inc.
Orjalo, V. & Frias S. (2016). Business ethics and social responsibility: principles, policies, programs, and practices.
Quezon City, Philippines: The Phoenix Publishing House, Inc.
Cortez, F. (2016). Business ethics and social responsibility. Quezon City, Philippines: Vibal Group, Inc.

Prepared by: Checked by:

EDGARDO G. SANTOS, JR. RICHELLE C. TOLEDO

Subject Teacher ABM Coordinator

Address: Lagmay Compound, Medina Ville, Brgy. San Jose, City of Dasmariñas, Cavite
Contact No.: (046) 416-9484/ 09175038787/ 09209653164
Email Address: febarzaga.ihs@depeddasma.edu.ph
 Republic of the Philippines
Department of Education
Region IV-A CALABARZON
CITY SCHOOLS DIVISION OF DASMARIÑAS
FRANCISCO E. BARZAGA INTEGRATED HIGH SCHOOL
BRGY. SAN JOSE, CITY OF DASMARIÑAS. CAVITE

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

LEARNING ACTIVITY SHEETS (LAS) – 4th Quarter Week 3-4

Name: Date: Parent’s Signature:

Strand, Grade Level & Section: Score:

Social Responsibility of Entrepreneurs

Learning Competencies:
The learners shall be able to:
• formulate a morally defensible position on ethical issues in entrepreneurship like basic fairness, personnel and
customer relations distribution dilemmas, fraud, unfair competition, unfair communication, non-respect of
agreements, environmental degradation, etc. (ABM_ESR12-IVi-l-3.2; ABM_ESR12-IVi-l-3.3)
• describe the different models and frameworks of social responsibility. (ABM_ESR12-IVi-l-3.4)
• formulate a framework of social responsibility that reflects the practice of sound business.
(ABM_ESR12-IVi-l-3.5)

Major Ethical Issues in Entrepreneurship

A. Basic Fairness
Ethical decision-making should prioritize the protection of employee and consumer rights, ensuring that all business
operations are fair and just, promoting the common good, and respecting workers' values and beliefs.
1. Partners – Assume you are a partner in a business and anticipate significant profitability shortly. You believe your
partner is unworthy of profiting from the business's future success just because you dislike his personality. You may be
wondering if you could remove his name from bank accounts, change the locks, and carry on without him. If you
continue down this path, you will violate your ethical and legal commitment to act in good faith with your partner. The
more sensible course of action may be to purchase his business interest.
2. Gross Negligence – Assume you are a director of a publicly listed company. You and your fellow board members hurry
through the merger investigation process, eager to get away early for the holidays. As a board member, you owe it to
the corporation and its shareholders to take extreme caution when making decisions affecting the corporation and its
investors. Failure to conduct a comprehensive investigation into a situation involving their interests may be regarded as
gross negligence, implying a violation of your legal and ethical duty of care.

B. Personnel and Customer Relations

1. Mistreating Employees – Lawsuits are brought against employers accused of sexual harassment or discrimination
against their personnel each year. Certain employers have been sued for threatening or terminating whistleblowers or
employees who report illegal working practices or safety concerns.
2. Discrimination and Harassment in the Workplace – Employers struggle to maintain professional workplace
relationships between employees regardless of industry. This challenge can be worsened when the image firms attempt
 to create carries a strong sexual connotation. There is never an excuse or justification for harassment in any employment.
If a supervisor shows discrimination against an employee based on gender, religion, or ethnicity when making
promotion recommendations, legal action may be pursued.
3. Family-Owned Enterprises – When it comes to small businesses, some of the most significant ethical issues arise from
recruiting, terminating, and dealing with staff. For instance, conflicts of interest can create ethical dilemmas in small
firms, particularly those controlled by family members. When personal family concerns become a factor in corporate
decisions, conflicts of interest and ethical problems arise.
4. Employee Behavior – From huge enterprises to tiny businesses, those working in all sorts of the company frequently
encounter ethical issues as a result of employee behavior.
For instance, whether an employee may check personal emails during work hours, how a manager handles harassment
accusations, and the extent to which a manager may "groom" an employee for a promotion are all instances of ethical
concerns affecting employee behavior. Certain types of unethical employee behavior carry legal implications.
5. Working Conditions for Employees – Employers must be aware of their work environment's safety and whether they
have compensated employees for all worked hours. Additionally, they must assess if they have demanded an employee
to work an unreasonable amount of time or assigned him an extremely tough task.
6. Side Deals and Sub-Standard Labor – When working with customers or clients, business owners must ensure that they
are using their information responsibly, are not misrepresenting a product or service, and are not performing sub-
standard work on purpose.

C. Distribution Dilemmas
Ethics is a primary concern in marketing, and this is no different in pricing, placement, and promotion. Pricing is how
consumers determine prices, considering the cost of inputs, distribution, and overhead. The term "placement" refers to
strategical arrangements of merchandise within retail establishments. Limited-time discounts or gifts and freebies are
some examples of Promotions. Each sector implies its own set of ethical concerns, challenges, and legal considerations.
1. Pricing Policy Ethics – Price collisions can exert significant ethical pressure in many businesses, and artificial price-
fixing is unlawful in various countries. Price agreement occurs when many competitors collaborate to fix prices at a
predetermined level, bypassing natural market dynamics of supply and demand and granting themselves an unfair
advantage over consumers.
2. Product Placement Ethics – Endcaps, point-of-sale displays, and demo kiosks are all examples of inherently harmless
positioning strategies that can be utilized in apparently unethical ways.
3. Ethics and Promotions – Promotions are used to increase short-term sales by offering consumers enticing value offers.
Promotions include coupons, seasonal sales events, mail-in rebates, and freebies. Although the "bail and switch"
promotion approach is mainly unethical, many businesses continue to use it.

D. Fraud
Business fraud comes in a variety of shapes and sizes. It can take the shape of financial misbehavior or intentional
misrepresentation. Financial misconduct can take the form of price-fixing, or an illegal agreement between industry
competitors to inflate the price of a product artificially; physicians who refuse to treat uninsured patients or perform
unnecessary procedures to increase their profits; tax evasion; tax fraud; and "cooking the books" to make the company
appear more profitable than it is. Corporate deception can take a variety of shapes. It might be as straightforward as a
salesperson who exaggerates the benefits of his company's products, or it can be as complex as fraudulent or misleading
advertising. Misrepresentation can take concealing or denying illegal workplace conditions or transactions, falsifying
data in a shareholder report, lying to a union about company earnings, or concealing or rejecting product safety issues.

E. Unfair Competition – or distortion of competition – is when rivals compete on unequal terms because some
competitors have favorable or disadvantaged conditions while others do not.
Additionally, the phrase can refer to instances in which certain competitors' actions directly threaten the positions of
others in terms of their capacity to compete on equal and fair conditions.
1. Antitrust or Competition Law – when one competitor strives to drive others out of the market or restrict others from
entering through predatory pricing or securing exclusive purchasing rights to raw materials required for manufacturing
a similar product.
2. Trademark Infringement – when the manufacturer of a product utilizes a name, logo, or other distinguishing qualities
to deceive consumers into believing they are purchasing a competitor's product.
3. Trade Secret Misappropriation – when one competitor utilizes espionage, bribery, or outright theft to get commercially
beneficial information held by another.
4. Trade Libel involves disseminating false information regarding a competitor's product quality or features.
5. Wrongful act Interference – when one competitor persuades a party with a relationship with another competitor to
breach a contract or obligation to the other competitor.
6. Anti-competitive practices – activities that restrict or limit competition in a market.
7. Dumping – Foreign countries frequently utilize dumping as a threat to their competitiveness, offering products at a
discount to their regular worth. Such can create complications in domestic markets. These marketplaces struggle to
compete with the prices established by global markets, leaving local manufacturers and the state's economy at risk.
8. Exclusive dealing – By contract, a retailer or wholesaler must acquire exclusively from the contracted supplier.
9. Price fixing - when businesses conspire to fix prices, they effectively destroy the free market.
10. Refusal to deal — two businesses agree not to do business with a particular supplier.
11. Dividing territories – an agreement between two (2) companies to avoid competing in the agreed-upon territories.
12. Limit pricing — is established at a level intended to discourage entry into a market by a monopolist.
13. Tying — unrelated products must be purchased together.
14. Resale price maintenance — resellers are not permitted to set their rates.
15. Religious/minority group doctrine — enterprises must pay tribute to a significant, generally religious segment of the
community to conduct business with it.

F. Unfair Communication
The following are some instances of unfair communication in business activities.
1. Matthias Rath is a vitamin entrepreneur and former physician who is often regarded as the most powerful of all
"crackpots." He suggests vitamin supplements to treat even the most severe illnesses. He stated in UK advertisements
that 90% of cancer patients die within several months of initiating chemotherapy, saying that firms allow them to pass
away for profit. Nonetheless, he utilizes his lies and distortions to promote an HIV/AIDS "miracle cure," claiming that
HIV does not cause AIDS and that antiretroviral medications will not work, increasing South Africa's infection rates.
2. Johnson & Johnson agrees to pay $417 million to settle cancer case - A Los Angeles jury awarded a record $417 million
to Echevarria, a hospitalized woman who claimed in a lawsuit that the talc in Johnson & Johnson's trademark baby
powder causes ovarian cancer when used frequently for feminine hygiene.

G. Non-respect of Agreements – constitutes a breach of contract. A contract violation is a legal claim when one or more
contracting parties fail to honor a contractual agreement or negotiated exchange through non-performance or
interference with the other party's conduct.

H. Environmental Degradation – is the degradation of the environment caused by the exhaustion of natural resources
such as air, water, and soil; the destruction of ecosystems; and wildlife extinction.

I. Contractualization – or labor contractualization – is the process of replacing permanent personnel with temporary
ones who are paid less and receive no or reduced benefits. These contract workers are also referred to as trainees,
apprentices, helpers, casuals, piece raters, agency-hired, and project employees. They perform the duties of regular
employees for a set and short period, typically less than six months.
Models and Framework of Social Responsibility in the Practice of Sound Business

Carroll’s Corporate Social Responsibility Framework

The modern definition of CSR is founded on the research resulting from Archie Carroll's pyramid. Carroll first released
this four-part framework in 1979: CSR refers to a business's behavior, ensuring that it is economically viable, adheres
to the law, is ethical, and contributes to society. Profitability and legal compliance are the most critical conditions for
corporate social responsibility. When addressing a company's ethics and the extent to which it contributes money, time,
and talent to the society in which it operates. In 1991, he elaborated on this definition with the aid of a pyramid. The
pyramid's purpose was to demonstrate the framework's versatile structure. He chose this geometric design for its
simplicity and timeless quality. Economic responsibility was incorporated into the pyramid's basis, a necessary
component of business survival. As with the foundation of a building, which supports the entire structure, sustained
profitability contributes to meeting the expectations of society, investors, and other stakeholders.

a. Economic Responsibilities
Economic duties are the primary criterion of social responsibility. Above all, the commercial institution is the
fundamental economic unit of society. It is accountable for producing goods and services that the community desires
while maximizing profit for the owners and investors. Economic responsibilities taken to their logical conclusion are
referred to as the profit-maximizing approach; Nobel economist Milton Friedman advocated it. This viewpoint believed
that a business should be profit-driven, with the ultimate objective of increasing profits while adhering to the system's
rules.
b. Legal responsibilities
Every modern society establishes general principles, laws, and regulations that enterprises must observe. A legal duty
sets the parameters for what society considers appropriate corporate behavior. Businesses are supposed to operate within
the legislative framework. Local authorities, state and federal governments, and regulatory bodies establish legal
responsibilities. Organizations that willfully violate the law fall into this group. It is prohibited to manufacture defective
items or bill a client for unperformed labor. Legal consequences may include humiliating public apologies or corporate
'confessions.'
c. Ethical responsibilities
Ethical responsibility encompasses action that is not mandated by law and may not directly benefit the organization's
economic interests. Ethically, an organization's decision-makers must operate with equity, fairness, and impartiality,
respect individual rights, and treat people differently only when their differences are essential to its goals and duties.
Unethical behavior happens when an individual or group makes actions that benefit them at the expense of other people.
d. Philanthropic responsibilities
Philanthropy is entirely voluntary and is motivated by an organization's desire to make societal contributions that are
not imposed by economics, law, or ethics. Discretionary actions include generous philanthropic contributions that do
not require repayment by the organization. Discretionary responsibility is the most significant standard of soda's
obligation since it goes above and beyond societal expectations to benefit the community.

Learning Task.
Essay. Answer the following questions on an intermediate paper.
1. In your experience or observation, what are the most noticeable unethical issues in different business firms in the
Philippines? Explain your answer.
2. Do you agree that Carroll's Corporate Social Responsibility Framework is the best Model Representation? Explain your
understanding of the model and why or why not it is the best model to represent corporate social responsibility.

References:
Jerusalem, V., Palencia M, & Palencia J. (2017). Business ethics and social responsibility: concepts, principles, &
practices of ethical standards. Manila, Philippines: FASTBOOKS Educational Supply, Inc.
Orjalo, V. & Frias S. (2016). Business ethics and social responsibility: principles, policies, programs, and practices.
Quezon City, Philippines: The Phoenix Publishing House, Inc.
Cortez, F. (2016). Business ethics and social responsibility. Quezon City, Philippines: Vibal Group, Inc.

Prepared by: Checked by:

EDGARDO G. SANTOS, JR. RICHELLE C. TOLEDO

Subject Teacher ABM Coordinator

Address: Lagmay Compound, Medina Ville, Brgy. San Jose, City of Dasmariñas, Cavite
Contact No.: (046) 416-9484/ 09175038787/ 09209653164
Email Address: febarzaga.ihs@depeddasma.edu.ph
 Republic of the Philippines
Department of Education
Region IV-A CALABARZON
CITY SCHOOLS DIVISION OF DASMARIÑAS
FRANCISCO E. BARZAGA INTEGRATED HIGH SCHOOL
BRGY. SAN JOSE, CITY OF DASMARIÑAS. CAVITE

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

LEARNING ACTIVITY SHEETS (LAS) – 4th Quarter Week 5-6

Name: Date: Parent’s Signature:

Strand, Grade Level & Section: Score:

Business Beyond Profit Motivation

Learning Competencies:
The learners shall be able to:
• explain the importance of establishing and sustaining business enterprises as a source of job opportunities and
financial freedom. (ABM_ESR12-IVm-p-4.1)
• prepare and implement a proposed personal action plan to assist an existing small business enterprise in
practicing ethics and social responsibility in their business operation.
(ABM_ESR12-IVm-p-4.2; ABM_ESR12-IVm-p-4.3)

Reasons to do Business beyond Profit

1. Profit is an outcome, not the goal. An organization must have a reason for existence other than maximizing shareholder
value and generating income. Profit cannot be the organization's objective, vision, or purpose. A company that achieves
exceptional year-end performance does not inevitably acquire the distinction of being a great company.
Pursuing profit as a significant company objective is similar to constructing a house of cards or a house on sand—it will
eventually collapse. Profit is too impermanent to serve as a guideline for a business.
2. Organizations with a purpose other than profit produce higher revenue. One of the business's paradoxes is that the
most successful companies are not the most profit-driven. Because delighted customers are the only source of long-
term success, metrics must be linked to the customer-defined objective. When they are, staff can assess their
performance and identify areas for improvement.
3. Businesses require a greater purpose than profit to succeed. Many corporate and company strategies now involve
sustainability. Along with environmental 'green' sustainability concerns, business ethics practices have extended to
encompass social sustainability.
Social sustainability is concerned with issues related to human capital in organizations' supply chains, such as employee
rights, workplace conditions, child slavery, and modern slavery. Consumers and procurement officials increasingly
demand verification of a business's compliance with national and international policies, rules, and standards.
4. What good is business if it is not profitable? Purpose is the cornerstone for successful companies. According to Nikos
Mourkogiannis, author of Purpose: The Starting Point of Great Companies, there are four primary sorts of purposes.
a. Discovery is anchored in the intuitive understanding that life is an adventure. Apple is an excellent example of a
company constantly striving to create new/innovative products.
b. Excellence implies standards and the conviction that superior performance in our life roles represents the highest
good. Warren Buffet, for instance.
 c. Altruism is a purpose founded on exceeding normal obligations in serving one's clients. For instance, the Body
Shop.
d. Heroism exemplifies accomplishment, frequently under the leadership of a charismatic and visionary figure. For
instance, Ford and Microsoft
5. Successful businesses have a strong sense of purpose. Stand for something beyond maximizing profits. A true
corporate vision is founded on both drive and principles. The business's employees must be enthusiastic about what
they do and why they do it. Business objectives must therefore be consistent with this foundation. A company that lacks
a solid foundation will never be genuinely strategic.
6. Additional reasons for your organization to consider factors beyond profit
a. Management and personnel are motivated and united by purpose and values.
b. Purpose and values provide a firm framework for decision-making within an organization.
c. Purpose and values act as a compass for all aspects of the firm.
d. Customers will have a broader range of products and services to choose from and connect with.
e. Purpose and values foster employee and customer loyalty.
f. Purpose and values foster an organization's culture and vision.

Some Famous Influencers and Endorsers of Ethics

a. Albert Einstein – “The problem we face today cannot be solved on the same level of thinking we were at when we
created them.”
b. Jack Welch - “The hero is the one with ideas.”
However, ideas alone are insufficient. To succeed in any company venture, it is critical to constantly investigate how a
corporate ethics program may assist owners, managers, and professional advisers in meeting these criteria. These are
their one-of-a-kind enterprises:
1. Responsible business behavior is defined as workers' and agents' choices and activities that encourage and meet the
realistic expectations of enterprise stakeholders.
2. Responsible business enterprise is defined by sound governance policies and management practices and a culture of
ethical business practice. It is excellent at handling the complexities and challenges of its corporate environment while
remaining true to its mission, core values, and vision.
3. The business ethics program is a tool business owners and managers use to inspire, encourage, and support responsible
business behavior. This objective is accomplished by engagement of enterprise stakeholders to promote and meet their
realistic expectations and design structures and mechanisms that encourage and assist workers and agents.

The Notion for Social Enterprise for Poverty Alleviation

A. What is Social Enterprise?

A Social Enterprise is a firm that exists to benefit society and the environment. It will have a clear sense of its 'social
mission,' which means it will understand the difference it is attempting to make, the people it wants to assist, and how
it intends to do so. It will generate the majority, if not all, of its revenue through the sale of goods or services.
Additionally, it will have clear policies about spending its income, reinvesting them to promote the 'social objective.'
A Social Enterprise is a corporation that uses commercial techniques to optimize advances in human and environmental
well-being, which may involve maximizing social impact while maintaining a profit margin for external shareholders.
Social enterprises can be for-profit or not-for-profit and can take the shape of a cooperative, mutual organization,
disregarded entity, social enterprise, a benefit corporation, community interest company, or charity organization.
Additionally, they can take on more traditional structures. Social enterprises are unique because their social objective
is as critical to their success as possible profit.
1. Philosophical and historical perspectives
The initial definition of Social Enterprise, a democratically owned and governed, financially self-sufficient trade
organization with social purposes and functions sustainably, was advanced in the late 1970s and later published in 1981
by Freer Spreckley in the United Kingdom.
Among the contemporary formative inspirations are the Italian worker cooperatives, which campaigned for laws
allowing members with psychological or other medical conditions to work while completely recovering. In 1993, the
first academic paper recommending worker cooperatives engaged in treatment and rehabilitation activities as a type of
social enterprise was published.
Social enterprises are frequently mistaken as non-profit organizations, even though many acquire a non-profit legal
structure and are recognized as a subset or branch of non-profit activity in the academic literature. Although some social
businesses are more closely owned and may include proprietary organizations with private membership, social
enterprise can be defined by open membership and goals primarily believed to be in the community or public interest.
A valuable, although not universal, perspective developed by social enterprise specialists across four continents in
response to a review by Social Enterprise Europe emphasizes three aspects that can shape a social enterprise's business
philosophy:
a. The extent to which it conducts ethical assessments of the products and services it provides, as well as its
manufacturing processes;
b. The extent to which it articulates and documents its social purpose(s);
c. The extent to which it democratizes ownership, management, and governance by entrusting main stakeholders with
control of its human, social, and financial capital (producers, employees, customers, service users).

2. International Term
Not for Profit status is a deceptive criterion. Dividends are an excellent way for social firms to reward employees and
social and community investors. Profit distribution or rewards to people should not jeopardize the firm's value statement
or social aims.
Although the discipline of social enterprise studies has not yet rooted in strong philosophy, its proponents and academic
community are considerably more involved with critical pedagogies (e.g., Paulo Freire) and critical research traditions
(e.g., critical theory / institutional theory).
Marxism) in compared to business education in the private sector. The social economy curriculum has explicit
references to the works of Robert Owen, Proudhon, and Karl Marx and of Bourdieu and Putnam that enrich the argument
over social capital and its relationship to mutual competitive advantage. However, this intellectual foundation does not
extend as far into social entrepreneurship, where Joseph Schumpeter's writings on liberalism and entrepreneurship are
combined with the developing fields of social advancement, actor-network principle, and complexity theory to explain
its processes.
Unlike private enterprise, social enterprise is not only taught in business schools, as it is becoming more connected to
the health industry and public service delivery.

3. The Philippine Social Enterprise

In December 1999, a group named Social Enterprise Network was formed. Its members are entrepreneurs, executives,
and academics in Metro Manila who promote social entrepreneurship (establishing enterprises by providing
underprivileged people with opportunities). SEN served is a networking platform for like-minded people to connect and
share their knowledge. Eventually, the Foundations for People Development adopted one of its programs. The
Cooperative Marketing Enterprise is what it is named. CME is dedicated exclusively to meeting the marketing needs of
cooperatives, medium, small, and micro-enterprises.
From the academe, the University of Asia and the Pacific School of Management initially offered a course on "Social
Entrepreneurship and Management" in 2000. Dr. Jose Rene C. Gayo, then-Dean of the School of Management, designed
and conducted this course. It was an elective course provided to senior students pursuing a Bachelor of Science in
Entrepreneurial Management. In March 2001, the University of Asia and the Pacific hosted a conference on "Social
Enterprises: Creating Wealth for the Poor."
 GKonomics International, Inc. is a social company in the Philippines, and a non-stock, non-profit corporation created
in 2009. They collaborate with Gawad Kalinga to build social enterprises whose mission is to build a new generation
of producers.

B. Poverty Alleviation: GKonomist Manifesto

It's time.
I am a young Filipino, and I am now making a stand.
A stand for God, my country, my people.
A stand against poverty.

I will end the #1 poverty of all in our country: poverty of the mind & heart.
I will replace my colonial mentality with a proudly Filipino Bayanihan mentality.
God did not make a mistake in creating me Filipino.
I am honoring God's plan for me as a Filipino by loving my country.

I am joining the fight to end poverty, not just in words but more so in action.
I will not stand by idly as millions of my fellow Filipinos go hungry while I pursue my dreams and build my riches.

I will take on the dream of those who have lost their capacity to dream. I dream of a prosperous, slum-free Philippines.
A people who will not merely be consumers but also producers.

I dream of Filipino brands which will be globally recognizable, Filipino brands that do not leave the poor behind. I will
produce such a brand.

C. To Empower First; to Earn, Second.

What is a social enterprise in its truest sense? A social enterprise, in my opinion, places a higher premium on serving a
mission or meeting a need than on personal profit. Rebel Nell was founded due to its close vicinity to a women's and
family shelter. While walking my dog, I would stop to visit with the shelter's occupants. They told their heroic
experiences about the challenging circumstances they left behind, searching for a better beginning for several months.
It was a eureka moment for my business partner and me when we decided to launch Rebel Nell. Our business approach
is mission-driven, with women's empowerment in Detroit as a top concern.
Our employees are transitioning from women's shelters in Detroit or formerly were. We teach them how to repurpose
fallen graffiti by teaching them how to manufacture jewelry. We repurpose graffiti that would otherwise sink into the
ground. Profits generated directly benefit programs and services that assist our community of women in becoming
independent. At Rebel Nell, we believe in the proverb "teach a lady to fish."
Sustainable and ethical fashion firms are few and far between in a multibillion-dollar market built on trend-driven
clothes at an affordable price. In a recent piece on Business of Fashion, Lucy Siegle notes that "we are, after all, offspring
of the rapid fashion revolution, and breaking free from this phenomenon is difficult." Brands dedicated to pushing the
needle and redefining what constitutes ethical behavior are at the nexus of social enterprises and the fashion industry.
This type of change is long-term and complex, but it is possible.
While the social enterprise route has been subject to hiccups and barriers, I have established three essential tips that
serve as the company's foundation.

1. Acquaint oneself with the subject.

Marketing strategies can be compelling. Occasionally, you will discover that advertising could do more harm than good.
I usually remind my employees that they should be more intelligent than the ordinary bear. Be suspicious of brands that
use clichés such as "sustainable" or "thoughtfully made." As consumers, it is our responsibility to inquire and follow
up. For instance, when you purchase a necklace that benefits a charity or is socially conscious, do you inquire about the
 percentage of the transaction that benefits the organization? Are you inspecting the labels? How was it crafted? Where
is the change occurring as a result of your purchase? Whom is it affecting directly? As a customer, you have the power
to understand what you are purchasing. To be sure, not every action we make will be completely ethical. The more we
call out the fashion industry's activities, the higher the bar for ethically produced goods rises.

2. If your workers are content, your business will be as well.

You must be familiar with your workers' backgrounds. When we sit down and speak with our ladies (most of whom are
mothers), they tell us about their previous jobs that lacked flexibility. Previously, if a disturbance such as the flu struck
their household, they would have been unable to work due to staying home to care for a loved one. Due to the inability
of many to afford childcare services, they were left with little to no options. At Rebel Nell, we believe it is critical to
provide flexibility to our employees because we appreciate the value of family. Their gratitude for the opportunity to
prioritize their family is shown in their work ethic. Invest in your workers as you invest in your goods.

3. Become an insightful capitalist.

Investing in a social enterprise is about more than just the financial return; it is also about the social return. We might
be more profitable if we neglected to look after the people we employed. Our unique selling point is the ladies who
create our jewelry. When you purchase a piece of Rebel Nell jewelry, you support women in obtaining a livable salary
and the resources necessary to achieve financial independence, such as the financial literacy courses we offer. While
financial security is critical, it is not the only path to empowerment.
We have established a transitional framework that enables them to recover their independence and secure their lives.
Each piece of Rebel, Nell jewelry tells the narrative of a woman pursuing a better future for herself and her family. Our
goal is to keep them from being pigeonholed as jewelry makers for the rest of their lives. At the heart of our social
enterprise is the desire to develop better employees, restore their confidence, and equip them with the resources
necessary to fulfill their ambitions and see them come true.

D. What does it mean to be a Social Entrepreneur?

Social entrepreneurs are individuals who have introduced innovations to some of society's most urgent social concerns.
They are bold and relentless, addressing significant societal concerns and proposing effective interventions for
widespread change. Rather than delegating societal needs to the government or private sector, social entrepreneurs
identify what is not working and resolve the issue by altering the system, promoting the resolution, and persuading
entire populations to change course. Social entrepreneurs frequently appear to be consumed by their ideals, devoting
their lives to reshaping their domain. They are visionaries and realists and prioritize the practical implementation of
their goals. Social entrepreneurs propose user-friendly, intelligible, and ethical concepts to get public support and
increase the number of people willing to stand up, seize, and execute their ideas. Leading social entrepreneurs recruit
thousands of local changemakers as role models, demonstrating that individuals who put their ideas into action can
accomplish practically anything.

1. Why is a social entrepreneur necessary?

As entrepreneurs shape the fabric of enterprise, social entrepreneurs shape the fabric of society, seizing prospects that
others overlook to reform systems, invent new techniques, and build solutions that improve the community for the
better.
While a business entrepreneur may pioneer new industries, a social entrepreneur discovers innovative solutions to social
problems and scales them.

2. Historical Examples of Leading Social Entrepreneurs

Susan B. Anthony (U.S.): Fought for Women's Rights in the United States, including the right to control property, and
helped spearhead the adoption of the 19th amendment.
"I declare to you that woman must not depend upon the protection of man but must be taught to protect herself, and
there I take my stand. S. Anthony "Independence is happiness." -S. Anthony
 "Men, their rights, and nothing more; women, their rights, and nothing less. " -S. Anthony
Vinoba Bhave (India): Founder and leader of the Land Gift Movement, he caused the redistribution of more than
7,000,000 acres of land to aid India's untouchables and landless. "If a man achieves victory over this body, who in the
world can exercise power over him? He who rules himself rules over the whole world. " -V. Bhave
"It is a curious phenomenon that God has made the hearts of the poor, rich and those of the rich, poor." -V. Bhave
"What we should aim at is the creation of people power, which is opposed to the power of violence and is different from
the coercive power of the state." — V. Bhave

Dr. Maria Montessori (Italy): Developed the Montessori approach to early childhood education.
"The greatest sign of success for a teacher. is to be able to say, 'The children are now working as if I did not exist."' -
M. Montessori
"One test of the correctness of educational procedure is the happiness of the child." - M. Montessori
"Establishing lasting peace is the work of education; all politics can do is keep us out of the war." - M. Montessori

Florence Nightingale (U.K.): Founder of modern nursing, she established the first school for nurses and fought to
improve hospital conditions.
"I attribute my success to this - I never gave or took any excuse." - F. Nightingale
"Were there none who were discontented with what they have, the world would never reach anything better." - F.
Nightingale
"It may seem a strange principle to enunciate as the very first requirement in a hospital that it should do the sick no
harm." - F. Nightingale

John Muir (U.S.): Naturalist and conservationist, he established the National Park System and helped found The Sierra
Club.
"The mountains are calling, and I must go. " -J. Muir
"The clearest way into the Universe is through a forest wilderness." - J. Muir
"Everybody needs beauty as well as bread, places to play in and pray in, where nature may heal and give strength to
body and soul. " -J. Muir

Jean Monnet (France): Responsible for the reconstruction of the French economy following World War Il, including
the establishment of the European Coal and Steel Community
(ECSC). The ECSC and the European Common Market were direct precursors of the European Union.
(www.ashoka.org)
"Make men work together to show them that beyond their differences and geographical boundaries, there lies a common
interest." -J. Monnet
"People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon
them." -J. Monnet
"Nothing is possible without men; nothing is lasting without institutions." -J. Monnet

Learning Task.
Essay. Answer the following questions on an intermediate paper.
1. Give your insights into why entrepreneurs should establish businesses beyond profit.
2. With your groupmates in Business Enterprise Simulation, prepare an action plan on how your firm could practice social
responsibility in your business operations.
3. What are your insights about Social Enterprise? Did it change your perspective on doing business? What do you think
lies in the future if companies would become social enterprises? Express your understanding on the matter.
References:
Jerusalem, V., Palencia M, & Palencia J. (2017). Business ethics and social responsibility: concepts, principles, &
practices of ethical standards. Manila, Philippines: FASTBOOKS Educational Supply, Inc.
Orjalo, V. & Frias S. (2016). Business ethics and social responsibility: principles, policies, programs, and practices.
Quezon City, Philippines: The Phoenix Publishing House, Inc.
Cortez, F. (2016). Business ethics and social responsibility. Quezon City, Philippines: Vibal Group, Inc.

Prepared by: Checked by:

EDGARDO G. SANTOS, JR. RICHELLE C. TOLEDO

Subject Teacher ABM Coordinator

Address: Lagmay Compound, Medina Ville, Brgy. San Jose, City of Dasmariñas, Cavite
Contact No.: (046) 416-9484/ 09175038787/ 09209653164
Email Address: febarzaga.ihs@depeddasma.edu.ph