11

Republic of the Philippines

Department of Education
NATIONAL CAPITAL REGION
Misamis Street, Bago-Bantay, Quezon City

UNIFIED SUPPLEMENTARY LEARNING MATERIALS

(USLeM)

APPLIED ECONOMICS
Quarter 4 – Week 12

This is a Government Property. Not For Sale.

 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

Community Relationship and Philanthropic Vision

EXPECTATIONS
This Supplementary Learning Material will help you to:
• Identify the stakeholders in the community
• Understand the benefits of Social Responsibility of a business to the community based on
the four components of CSR (Corporate Social Responsibility).

c
PRETEST

Directions: Write the letter of the correct answer.

1. For a privately owned business, which of the following is not likely to be a stakeholder?
A. Customers C. Philippine Stock Exchange
B. Employees D. Suppliers

2. groups of people to whom a company is socially responsible are:

A. Customers C. Stakeholders
B. Employees D. Stockholders

3. the second top reason why consumers refuse to buy from certain businesses is:
A. Expensive price C. Poor business conduct
B. Negative reputation D. Poor quality

4. What keeps companies to work in collaboration towards productivity, efficiency and greater
profits?
A. Competitiveness C. Respect
B. Reliability D. Trust

5. In the long run, the success of a business depends on:

A. Commitment to enhance technology C. Loyal customer
B. Efficiency in production D. Quality output

LOOKING BACK Components of Corporate Social Responsibility

Directions: Put a check (√) on pictures that illustrate the Philanthropic component of
CSR, and put an (x) for those that are not.
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

Sources:
1.tlnt.com(shorturl.at/cftPU)
2.weforum.org(shorturl.at/lKQ38)
3. volunteering(shorturl.at/beor9)
4. shorturl.at/oAHKV
1. 2.

3. 4.

BRIEF INTRODUCTION
Stakeholders are groups of people to whom a company is socially responsible. Examples
of stakeholders are: employees, customers, investors, stockholders, suppliers, government,
and communities.
Community Stakeholders are members of society who are affected by the operations and
output of the business. Some community issues are: pollution, access to clean water, land
use, and exploitation of workers. It is important to built
Trust between the company and the community. How does a community benefits from
Corporate Social Responsibility according to its four components?
Economic – companies benefit the community by providing employment,
Legal – companies are granted license to operate,
Ethical – companies evaluate on how they can better help the communities by assisting in
the development of an area and improving public schools,
Philanthropic – companies provide support such as giving scholarships and volunteer
programs such as house building, developing skills, and providing community livelihood. All
these things contribute to the development of company-community relationship.

ACTIVITIES
Activity 1.1: Company of your choice.
Objective: Identify the stakeholders.
Directions: Answer the guide questions. Use a separate sheet for your answers.

Source:
shorturl.at/ouLSY
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

Guide Questions:
1. What do you think is the project of the company for the community?

2. Who do you think are the stakeholders of the company in the picture?

Activity 1.2 Check it out!

Objective: Identify Corporate Social Responsibility to the communities.

Directions: Analyze each situation. Put a check on the picture that illustrates a community issue
related to Corporate Social Responsibility and put an (x) to the picture that has no relevance for
Corporate Social Responsibility.

1. 4.

2. 5.

3.
6.
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

Guide Questions:
1. Aside from what was mentioned, what other problems do you see in our society today?

2. In your opinion, what could be the solution to the problem?

Activity 1.3 Save our Planet!

Objective: To understand the Philanthropic vision of Corporate Social Responsibility.

Directions: Analyze the picture and answer the guide questions.

Source:
shorturl.at/sCFH7

Guide Questions:
1. What is happening to the forests in the world?
______________________________________________________________________

2. In your opinion, what would be the better Corporate Social Responsibility project for this
phenomenon?
____________________________________________________________

Activity 1.4 Climate Change in action.

Objective: To recognize the value of Corporate Social Responsibility to the community.

Directions: On the space below, compose a three-paragraph poem demonstrating the problem on
climate change and how you would encourage the people to resolve it.
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

Source:
shorturl.at/euzS5

Guide Questions:
1. What inspired you to write the poem?
______________________________________________________________________
______________________________________________________________________

2. As a youth of today, how can you contribute in solving the problem on climate change?
______________________________________________________________________
______________________________________________________________________

RUBRICS:
5 3 1
Clarity The answer explains the answer outlined There is only one
the current problems the current problems answer given without
on climate change on climate change explanation
with description without description

Purpose The answer The answer only The answer given

consists of at least 3 stated one solution to was only in one word
solutions to the the problem with without explanation
problems on climate explanation
change and
elaborated

REMEMBER
• Stakeholders are groups of people to whom a company is socially responsible.
o Community Stakeholders are members of society who are affected by the
operations and output of the business.
• It is important to build Trust between the company and the community.
• The benefits of Corporate Social Responsibility to the community based on the four
components are: Economic – companies benefit the community by providing employment,
Legal – companies are granted license to operate, Ethical – companies evaluate on how
they can better help the communities by assisting in the development of an area and
improving public schools, Philanthropic – companies provide support such as giving
scholarships and volunteer programs such as house building, developing skills, and
providing community livelihood.
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

CHECKING YOUR UNDERSTANDING

Directions: Picture yourself as the owner of a small business who would like to do Corporate
Social Responsibility. You are thinking about helping the children in need in the nearby area by
making a campaign to your buyers to donate a small amount by purchasing a certain product from
your store. Draw at least one advertisement and compose your own tagline by following the
sample pictures below.

Sources:
1. compassionuk.org(shorturl.at/nqMN4)
2.cityconnectsblog.org(shorturl.at/delzG)

RUBRICS:
5 3 1
Concept The CSR program The CSR program is The program is not
shows a unique existing considered as a CSR
project project
Content The strategies for the The strategies are The strategies don’t
campaign are clearly defined but not state a clear idea
defined and explained
explained.
Creativity The description on The description on The description on
the advertisement is the advertisement the advertisement
catchy and contains does not state the does not show a clear
the purpose of the purpose of the idea of a CSR
CSR campaign campaign campaign

Guide Questions:
1. What inspired you in composing the tagline?____________________________________
______________________________________________________________________
__
2. What other campaigns do you think would benefit the children in our society?
______________________________________________________________________
______________________________________________________________________
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

POSTTEST
Directions: Write the letter of the correct answer.
1. Which of the following gives the best description of the community stakeholder in
Corporate Social Responsibility?

A. is the neighborhood where the employees of the company live

B. members of society who are affected by the operations and output of the firm
C. the citizens of the region where the firm is located
D. the city which the firm operates

2. Which of the following best describes the philanthropic component of Corporate Social
Responsibility?

A. Creation of a campaign against child abuse

B. Giving scholarships
C. Strategies used by the company along with the use of its resources to address the
needs of stakeholders and to achieve long-term relationship
D. Tying customer purchases to address a need of a certain community

3. Which of the following examples illustrate the company’s goal to achieve its philanthropic
vision?

A. employees of ABC Foundation donates 1% of their salary to people with disability

B. employees of AB International participate in a campaign against drug abuse
C. Holy Child High School gives lessons to the youth on mental health
D. UM Laboratories Inc. manufactures a drug to combat malaria and donates it to the
poor communities in Northern Luzon

4. Which of the following sentences least describes a company’s philanthropic goal?

A. A lumber manufacturing company encourages its employees to plant 10,000 trees

every year
B. A software company donates computers to public schools for online learning
C. A television foundation that supports disadvantaged children on enhancing their social
and cultural awareness
D. A wealthy businessman constructs a day care school

5. You are the owner of a shoe company. Which of the following would best fulfil the
objectives of Corporate Social Responsibility for your company?

A. Allowing your employees to participate in your donation programs

B. Allowing your employees to volunteer to spend their time in an orphanage and
distribute free shoes to children
C. Donate 1,000 shoes to increase the company’s publicity
D. Giving shoes to disadvantaged children in a nearby community
 UNIFIED SUPPLEMENTARY LEARNING MATERIALS
Grade 11 Applied Economics

REFERENCES
Abueg, Luisito & Calub, Renz Adrian. (2020). Applied economics.

Dinio, Rosemary P. & Villasis, George A. 2016. Applied Economics. Sampaloc,Manila.

Rex Book Store Inc.

Campbell R. McConnell & Stanley L. Brue Sean Masaki Flynn Dr.(2012-04-30),

Macroeconomics Brief Edition (The Mcgraw-hill Economics)

Ferrell, O. C., Debbie M. Thorne, and Linda Ferrell. Social Responsibility and Business.
Singapore: Cengage Learning Asia Pte Ltd, 2012.

Lamb, Charles W., Joseph F. Hair, and Carl McDaniel. 2013. Principles of Marketing.
Singapore: Cengage Learning Asia Pte Ltd.