Business Ethics and Social Responsibility: Introduction To The Notion of Social Enterprise
Business Ethics and Social Responsibility: Introduction To The Notion of Social Enterprise
Business Ethics and Social Responsibility: Introduction To The Notion of Social Enterprise
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This instructional material is collaboratively developed and reviewed by educators from public and
Table of Contents
Introduction 2
Pre-test 4
Lesson 5
Assessment 18
Answer Key 20
References 21
What I Need To Know
Module Content
GENERAL INSTRUCTIONS
Take note and record points for Give applications of the theory
clarification. Discuss worked-out examples
Compare your answers against Give time for hands-on unguided
the key to answers found at classroom work and discovery
the end of the module. 2
Use formative assessment to
Do the activities and fully give feedback
understand each lesson.
Introduce extensions or
what you learned in each lesson.
Engage in reflection questions
Answer the posttest after you
Encourage analysis through
have gone over all the lessons.
higher order thinking prompts
Provide alternative formats for
Let us check your prior knowledge about this module’s coverage.
student work
Direction:
Remind learners to write their
True or False. Read each statement below anadnsewvaelrusaitne
twh eh ier t Ph eh ri l oi tsios pthr uy e or false. Write letter A if the statement is true and B if
othAecrwtivisitey . Notebook
4.Sticking to a budget is the most effective way to make sure that all your
bills are paid and your money will be monitored.
6.A person should have goals and make these goals specific like at what
time of your life will you want to achieve it.
8.High interest loans are very toxic in increasing wealth that is why it is
essential that you have to pay the balance each month.
Importance of
Lesso
Establishing Business
3
Learning Objectives:
At the end of the week, it is expected that the learners must be able to:
What’s In
How can a business help create job opportunities in the community? What is financial freed
4
2. Why establishing a business can help the community?
5. What are the traits needed by businessmen in order to save more money?
5
Create a diagram that shows the benefit of the business in the local community
as a role for creating impact.
Small Business
Discuss the significance of the picture in terms of its contribution to the community
regarding job creation and teaching people to generate more income.
6
The pandemic that the world is experiencing at the moment has
affected the lives of people all over the world. The economy has been injured
and jobs have been lost. Slowly, the world is trying to recover by transitioning
into what we call the “NEW NORMAL” Countries like the Philippines is trying
to recover by pushing on the continuance of economic activities. Businesses
are allowed to open again adapting new policies. Since a lot of people have
lost their jobs, how can corporations help the government in terms of their
corporate social responsibility in the new normal? How important is job
creation during the implementation of the new normal in business?
What Is It?
7
Job creation is the process of creating new jobs, especially to
provide work for people in the community through establishment of
What’s More
Financial Freedom
Attaining financial freedom can be very tough especially when you have
growing debt, cash emergencies, medical issues and overspending. This can be
countered through careful management of money. Good planning applies effectively
in achieving this financial freedom.
According to Matt Danielsson, there are important points to consider in
achieving financial freedom. Among of these are the following:
1. Set Life Goals – a person should have goals and make these goals specific like
at what time of your life will you want to achieve it. It is good that these goals should
be written down so that it will serve as guide to achieve it.
.
3. Pay Off any Financial Obligations – high interest loans are very lethal to
accumulation of wealth that is why it is essential that you have to pay the balance
each month. Paying on time will also help business to have good reputation in terms
of payment of debt.
5. Start Investing Now – there is no other way of growing your money than to invest
no matter how small your money is. The principle of compound interest will help you
build financial gains.
6. Watch Your Credit – it is important to pay attention with your credits because
these determines what interest rate you are offered when you decide for your next
8
loan. Always monitor your credit performance because the way you respond to your
creditors will either ruin or elevate further your good name. Thus, the entrepreneur
builds a good reputation to his creditors.
7. Negotiate – some people are very conscious about negotiating for goods and
service because to some entrepreneurs this will make them look not charming to
creditors and suppliers. Negotiating could actually help entrepreneurs save
thousands of money each year. An entrepreneur has to be open for negotiation
especially when buying bulk orders to open the doors for discounts. This can be
helpful in achieving your financial freedom.
9
3. How important is establishing goals in pursuing financial independence?
1_ 0
What I can do?
1
Prepare an action plan to assist an existing small business enterprise to practice
ethics and social responsibility in their business operation by using the template
Name of Business:
Goal:
Plan Statement:
below:
1
Resources
Prospect
Action Consideratio Timelin or Hazard
challenge Outcome
Description n e estimated Forecast
s
cost
1
Reflection:
1
o Set Life Goals
o Make a budget
o Create automatic savings
o Start investing now
o Watch your credit
o Negotiate
o Continues education
o Proper maintenance
Self-Check!
Great job! You have completed Lesson successfully! Before going to the
next lesson, check the icon that best shows your learning experience.
I have understood the lesson well and I can even teach what I learned to others.
I have understood the lesson but there are still other things that I need to review
I need to do additional work to be able to master the lesson. I need help in some
If you checked the first icon, you are ready for level. If you have checked the
second icon, you need to review the things that you need to relearn. If you have
checked the third icon, it would be best if you read more and ask help from your
teacher, parents or peers in clarifying the lessons that you find difficult. Be honest so
that you will truly improve.
Additional Activity
I noticed
A question I have is
15
I’m not sure
A
Let check how much you learned from this module’s coverage
s
s
e
Direction:
True or False. Read each statement below and evaluate whether it is true or false. s
Write letter A if the statement is true and B if otherwise. s
m
1. Financial freedom is to have enough savings and cash on hand to
sustain the kind of life we desire for ourselves and our families. e
n
2.Corporate social responsibility that created as an act of protecting the protfit
of the company is a genuine social responsibility towards doing something good for
the world.
3.Job creation is the process of creating new jobs, especially to provide work
for people in the community through establishment of enterprise.
4.Sticking to a budget is the most effective way to make sure that all your bills
are paid and your money will be monitored.
1
7.It is the responsibility of the corporation or businesses to think beyond profit
for the reason that it helps the community where the business is located to generate
jobs for the people.
8.Always monitor your credit performance because the way you respond
to your creditors will either ruin or elevate further your good name.
9.The principle of compound interest will help you build financial gains.
Congratulations!
your journey in Business Ethics and Social Responsibility. You did a great job! It’s time to celebrate and
Good luck to the next level of your journey!
1
Answer Key
Pre-assessment Test
1. A
2. A
3. B
4. A
5. A
6. A
7. A
8. A
9. B
10. A
Post-assessment Test
1. A
2. B
3. A
4. A
5. B
6. A
7. A
8. A
9. A
10. A
1
References
https://dictionary.cambridge.org/us/dictionary/english/job-creation
https://www.forbes.com/sites/brianscudamore/2019/08/06/csr-impact-on-
business/#2689b733ba5c
https://www.investopedia.com/articles/personal-finance/112015/these-10-habits-will-
help-you-reach-financial-freedom.asp
https://www.google.com/search?
q=action+plan+template&tbm=isch&source=iu&ictx=1&fir=jjwrmu3l6uCjoM
%252CXx8TrP5P3sVtOM%252C_&vet=1&usg=AI4_-
kSD5HYdjeDFql6y62U4tH_Xkzg53w&sa=X&ved=2ahUKEwin5KeElPbqAhVN62EK
HW-JCWwQ9QEwAXoECAoQMg&biw=1904&bih=952#imgrc=iA8_hgv-39FipM
https://images.app.goo.gl/aNyzzqNVfAXo3hRU7
1
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Contact No. (08822) – 724615 / (088) 856 – 4454
Email Address:
20
Annex 1
Learning Area : Bussiness Ethics and Social Responsibility Grade Level : Grade 11
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2. Sequencing of contents and activities within each lesson facilitates √
achievement of objectives.
3. Content is suitable to the target learner’s level of development, needs, and √
experience.
4. Content reinforces, enriches, and / or leads to the mastery of the targeted √
learning competencies intended for the learning area and grade level.
5. Content is logically developed and organized throughout the material. √
(Lessons/activities are arranged from simple to complex, from observable to
abstract).
6. The LR contains useful introductions, reviews, summaries, and other √
devices that facilitate smooth progression from one lesson to another.
7. Development of lessons allows for review, comparison, and integration with √
previous lessons.
8. Motivational strategies (e.g., overviews, advance organizers, puzzles, √
games, etc.) are provided.
9. The LR uses various teaching and learning strategies to meet individual √
differences/ learning styles. (if applicable)
10. The LR develops higher cognitive skills (e.g., critical thinking skills, √
creativity, learning by doing, problem solving) and 21st century skills.
11. The LR enhances the development of desirable values and traits such as: √
(Mark the appropriate box with an “X” applicable for values and traits only)
11.1 Pride in being a Filipino 11.2 Scientific attitude and
reasoning
11.3 Striving for excellence 11.4 Love for country
2
Standards / Criterion Items Yes No
Factor V. Assessment
1. The LR provides useful measures and information that help the teacher √
evaluate learner’s progress in mastering the target competencies.
2. Assessments are aligned with the specific objectives and content. √
3. The LR provides “self-checks,” ready-made achievement tests, and/or √
review activities.
4. The LR provides variety of assessment types. √
5. Assessments have clear demonstration / examples, instructions, and/or √
rubrics to serve as guide on how these will be used.
6. Variety of activities within the LR are utilized to ensure active engagement of √
the learners.
Complied Not
Note: At least 5 criterion items must be marked YES to indicate compliance to this Complied
factor. √
For field validation. This material is found compliant to all factors with NO
corrections.
I certify that this evaluation report and the recommendation(s) in the summary report are my
own and have been made without any undue influence from others.
2
2
Signature:
2
Annex 2
Title of LR: The Business Responsibilities and Accountabilities Grade Level: Grade 11
Consideration
Timeline Prospect
challenges Resources or
Forecast Outcome
Other technical changes are change