Activity No.

2 (ENTREPRENEURSHIP, May 08)

NOTE: Copy and answer in your notebook or you may print and paste in your notebook. DO NOT FORGET to
take picture of your work and of yourself doing the activity. Send it to me via messenger until 7 pm TODAY.
This will serve as your attendance. Checking of the activity will be tomorrow.

A. Direction: Fill up the table A by filling the missing words in the table B based on your understanding on
what we discuss in Lesson 1.

B. Direction: Write the correct word/s to complete the sentence in each given item.

8. In manufacturing industry, companies are involved in turning raw __________into physical

products, which are then sold to consumers.

9. When purchasing equipment, be sure that it’s energy___________.

10. _________________ is a key responsibility of operations management.

 Activity No. 2 (Business Ethics, May 08)
NOTE: Copy and answer in your notebook or you may print and paste in your notebook. DO NOT FORGET to take picture
of your work and of yourself doing the activity. Send it to me via messenger until 7 pm TODAY. This will serve as your
attendance. Checking of the activity will be tomorrow.

DIRECTION: Read and analyze each statement below and encircle the letter that corresponds the correct answer.

1. It refers to the obligation to demonstrate that work has been conducted in compliance with agreed rules and standards
or to report fairly and accurately on performance results vis-à-vis mandated roles and/or plans. of an individual or an
organization to account for its activities, accepts responsibility for them, and to disclose the results in a transparent
manner?
A. Responsibility B. Accountability C. Transparency D. Fairness
2. What responsibility of an entrepreneur to pay their employees of their business at least the minimum hourly wage in
their locality?
A. Pay wages/salaries and taxes C. Create and maintain an ergonomic workplace
B. Assignment of right jobs D. None of the above
3. What responsibility of an entrepreneur in which employees cannot be disadvantaged, dismissed, or not given
employment for any mentioned.
A. Facilitate employees’ compensation insurance C. Train and educate employees
B. Support career development D. Enforce anti-discrimination law
4. Reward employees fairly and attractively is one of the responsibilities of an entrepreneur to his/her employees.
A. Respect human rights C. To give security and employment
B. Give rewards and Benefits D. All of the above
5. The following are responsibilities of an entrepreneur to the government EXCEPT for:
A. Compliance of government Rules C. Assumption of welfare arrangements
B. Payment of taxes D. None of these
6. What responsibility of the entrepreneurs which is not to seek political patronage by providing undue economic help to
any political party or politicians during elections?
A. Payment of taxes
B. Not to seek political patronage by unfair means
C. To cooperate with government for economic development
D. None of these
7. Loans should always be paid in on the maturity date, which facilitates regular capital flow in the business society and
also saves the Banks and Financial Institutions from adverse effects.
A. Obtain loans on reasonable conditions C. Repayment of loan
B. Follow mortgage rules D. Poor utilization of debt capital
8. The entrepreneurs have the responsibility to provide regular information to the suppliers regarding changes happening
in the demand of the commodities in domestic or in foreign markets.
A. Pay fair prices of Goods at a reasonable time C. Give guarantee of Minimum Price
B. Inform about Changes in Market D. Motivate Indigenous Supplies
9. Any unhealthy and hostile rivalries among dealers should not be permitted by the entrepreneur.
A. Motivate Indigenous Supplies C. Inform Suppliers of Future Developments
B. Provide technical Advice D. Promote Healthy Competition

10. What is your analysis of the given statements below?

Statement 1: The Entrepreneur should not provide information about possible future development to the suppliers, in time,
so that they mold themselves according to the changing circumstances.
Statement II: Entrepreneur should provide cooperation to the government by proper utilization of available resources in
accordance with the government targets.
A. Both Statements are true C. Only Statement II is true
B. Only Statement 1 is true D. Both Statements are false