CONTENTS CONTENT STANDARD PERFORMANCE MELCS WEEK

STANDARD
The learners The learners * differentiate the forms of 1
demonstrate an 1. identify forms of business organizations in
understanding of: business terms of their purpose
1. the nature and forms organizations and and role in socioeconomic
of business their characteristics development
organizations
1. the purposes of 1. explain the purpose * illustrate how fairness, 2
establishing business of business accountability,
enterprises organizations and transparency and
their role in stewardship is observed
socioeconomic in business and nonprofit
development organizations
3. the core principles 2. explain the core * formulate a “code of 3
underlying fairness, principles of ethics” that reflect core
accountability, and fairness, principles derived from
transparency in accountability and analyses
business operation and transparency in the
stewardship (respect socioeconomic
for others’ property) development of a
4. common practices in country
business organizations 4. craft simple “Codes
(decorum, protocol, of Ethics” or “Codes
policies, marketing, of Right Conduct”
bookkeeping,
reportorial
requirements and
documentation, etc.)
1 classical philosophies 3. identify the classical * illustrate how these 4
specifically, virtue philosophies and philosophies are reflected
ethics (Socrates, Plato, their implication for into business practices
Aristotle, Confucius, business principles
etc.) and practices
explain how the belief 5
systems influence business
practices
2. the impact of belief 2. describe various * infer how Filipino value 6
systems (Buddhism, belief systems, and system influence business
Islam, Christianity, their similarities and practices
etc.) differences in
relation to the
business setting

1. the Filipino Value 1. describe how the * generate ways to 7

System (Utang na Filipino value system improve business
Loob, Filial Piety, affects the attitudes practices guided by the
Padrino Suki, Bahala of business philosophies, belief
na - Mañana, Amor constituents system or Filipino values
Propio, Filipino Family
Values)
the responsibilities and identify * discuss the responsibilities 8
accountabilities of responsibilities to and
entrepreneurs toward the business accountabilities of
the employees, organization he/she entrepreneurs to:
government, creditors, belongs to a. employees
suppliers, consumers, 2. explain the different b. government
general public, and models and c. creditors
other stakeholders; frameworks of social d. suppliers
major ethical issues in responsibility e. consumers
entrepreneurship f. general public
(basic fairness, g. other stakeholders
personnel and * formulate a morally 9
customer relations defensible position on
distribution dilemmas,
fraud, unfair
competition, unfair
communication,
nonrespect of
agreements, environmental
degradation, etc.)
2. models and frameworks
of social responsibility
in the practice of sound
business
the agents/
institutions,
processes, and
outcomes of cultural,
political, and social
change
the importance of doing
business beyond profit
motivation. Introduction to
the notion of SOCIAL
ENTERPRISE (meeting a
given social objective or
resolving a real social
problem while making ends
meet) for poverty
alleviation
ethical
issues in entrepreneurship
like basic fairness, personnel
and customer relations
distribution dilemmas, fraud,
unfair competition, unfair
communication, nonrespect
of agreements,
environmental degradation,
etc.
Describe the different 10
models and frameworks of
social responsibility
2. advocate how human Formulate a framework 11
societies should adapt to of social responsibility that
such reflects the practice of
changes sound
business
identify reasons for explain the importance of 12
establishing establishing and
business enterprises sustaining business
beyond profit enterprises as a source of
job opportunities and
financial freedom