Business Ethics and Social

Responsibility
The Role of Business in Social and Economic Development
The Business Organization
What is a Business Organization

- An entity that aims to earn profit by providing products and services to

satisfy the needs of the market

- seen as profit generators

- an important component of the modern society

- plays an important role in advancing socio-economic development

Forms of a Business Organization

- By : Ownership:

- Sole Proprietorship *
- Partnership **
- Corporation ***
Advantages and Disadavantages of
Different Forms of a Business Organization
Sole Proprietorship - simplest form/ easy to register (DTI -BTRCP/)

- life

Partnership - needs registration with SEC - two or more persons

- general / limited

- life

Corporation - SEC registration requires more people as stakeholders

- limited obligations
- life
Business Organization are part of an
economic System

1 - Capitalism 1 - Individuals own and operate the majority of business

2 - Communism 2 - Owned and operated by the government

3 . Socialism 3 - mostly owned and operated by the government/ smaller ones by

individuals
Free enterprise System

RIGHTS :

INDIVIDUALS AND - Own a private property

BUSINESSES ARE - Own a business and keep all profits
GIVEN RIGHTS IN - Freedom of competition
ORDER TO MOTIVATE - Freedom of choice
THEM TO SUCCEED
Assignment

Beyond Walls 1.1 Ref: http://homegrown.ph/how-to-set-upyour-own-non-profit-

corporation
On page 4 to 5 of the
Book: OUTPUT:

Proceed with the 1 - Ppt or google Slides :

requirement as stated:
2 - Collaborative effort of 8 groups ; please group yourselves into 8
To submit within 2 groups. Ensure that all has a group. Submit a member list of each
weeks. groups. In case the total number of class do not constitute an exact
number of members , make sure everyone becomes a member.
“Business is a combination of war and
sport .”

- Andre Maurois
Thanks!
DON CARLO CAVINA SCHOOL
Business Ethics and Social
Responsibility
Las Pinas City

Speaker Notes resource:

DIWA Senior High School Series
Business Ethics and Social
Responsibilty Module
Authored by: Jonalyn C. Baquillas

From: DIWA LEARNING

SYSTEMS
The Role of Business Organization in the
Society

Primary Objectives:

- Develop, produce, distribute

- Create employment opportunities
- Advancing the economy
- Promote sustainability
- Investing on innovation and excellence
MSMEs - Categories

Enterprise : - BY Asset Size

- Micro:
- Small
- Medium
MICRO
By Number of Employees
SMALL
1-9
MEDIUM
10-99

100-199
ETHICS and BUSINESS

Ethical Decisions:

Examples:

- Fair labor practices

- Environment awareness
- Product /service safety
ETHICS AND LAW

Accdg to Law: According to company dictated

Mandated Salary
Ethics
- Mandated Salary / commisions
Mandated Benefits
- Mandated Benefits
- HMO Benefits
- Rice subsidy
- Retirement scheme
 The Ethical Corporate Culture

If Ethics are poor at the top, that behavior is Give your thoughts on this.
copied down through the organization.

- Robert Noyce.
The Corporate Culture

Functions :

- External adaptation
- Internal Integration

s
The Corporate Culture

Understanding Corporate Culture

Observable Culture

Shared Values

Common Cultural Assumptions

The Corporate Culture

Ethical Leadership and Management

Recognized types:

Compliance based

Values based