BINUGAO NATIONAL HIGH SCHOOL

SENIOR HIGH SCHOOL DEPARTMENT

TEACHING GUIDE IN ENTREPRENEURSHIP

(July 08,09,11,& 12, 2019)

NO. OF SESSIONS: 4 GRADE& SECTION: GR. 11- MARCOS, QUEZON

AND DUTERTE

TOPIC/ LESSON NAME THE ETHICAL AND SOCIAL RESPONSIBILITIES OF

THE ENTREPRENEUR

The Learners demonstrate an understanding of..

CONTENT STANDARD 1. What is Business Ethics
2. Factors Influencing Ethical Behavior
3. How Ethical Behavior is Encouraged
4. Code of Ethics
5. Relations with Customers
6. Relations with Personnel and Employees
7. Relations with Business Associates
8. Relations with Investors and The Financial
Community.
The Learners shall be able to…
PERFORMANCE STANDARDS  Apply the theories & concepts of Ethical and
Social Responsibilities of the Entrepreneur

The learners shall be able to…

LEARNING COMPETENCIES  What is Business Ethics
 Factors Influencing Ethical Behavior
 How Ethical Behavior is Encouraged
 Code of Ethics
 Relations with Customers
 Relations with Personnel and Employees
 Relations with Business Associates
 Relations with Investors and The Financial
Community.

TIME ALLOTMENT  240 minutes ( 60 min.x4 session)

PRE- REQUISITE KNOWLEDGE

INSTRUCTIONAL MATERIALS  Entrepreneurship And Small Business

Management by: Roberto G. Medina
 Laptop
 Projector
 Chalk
 Eraser
 LESSON OUTLINE

I. INTRODUCTION
 Communicating learning Objectives

1. Introduce the following Objectives:

a) Define what is Business Ethics;

b) Determine the factors Influencing Ethical Behavior;
c) Describe how Ethical Behavior is Encouraged;
d) Explain the Code of Ethics;
e) Discuss the Relations with Customers;
f) Relations with Personnel and Employees;
g) Relations with Business Associates ;and
h) Relations with Investors and The Financial Community.

2. Preliminaries: Routinely Activity

a) Prayer
b) Greetings
c) Classroom Management
d) Checking of Attendance
e) Review of Previous lesson

3. Motivation:
Ask the learners the following question:

a) Why is corruption an unwanted activity in a country like the Philippines?

II. INSTRUCTION
 Discuss the following:

 What is Business Ethics

 Factors Influencing Ethical Behavior
 How Ethical Behavior is Encouraged
 Code of Ethics
 Relations with Customers
 Relations with Personnel and Employees
 Relations with Business Associates
 Relations with Investors and The Financial Community.

Ethics is the study of moral obligation involving the distinction between right and wrong.

Business Ethics are the rules about how entrepreneurs ought to behave.

Ethical behavior required of entrepreneurs is determined by the following:

1. The public
2. Interest groups like the Society of Prevention of Cruelty to Animals.
3. Business organizations
4. The individual’s personal morals and values
 FACTORS INFLUENCING ETHICAL BEHAVIOR
1. The situation
2. Reward system
a. Extrinsic Rewards- basic needs
b. Intrinsic Rewards- self – esteem, development
3. Individual differences
4. Other factors

THE EFFECT OF ADHERANCE TO ETHICAL STANDARDS

Adherance to Establishment of
Ethical Standards trust buyer
-between
By Entrepreneurships and seller
-between lenders and
borrowers

Smooth flow of
Business Exchanges
Selling is faster

HOW ETHICAL BEHAVIOR IS ENCOURAGED

Ways of encouraging ethical behavior:
1. Adaption of a code of ethics
Code of ethics - adopted by organizations to assist members in understanding the difference between
'right' and 'wrong' and in applying that understanding to their decisions.
2. Institution of rewards and punishments concerning ethical behavior
3. Adaptation of internal programs for resolving conflicts
4. Provision of training in ethics for employees
5. Top management support

REQUIREMENTS FOR EFFECTIVE CODE OF ETHICS

1. It should refer to specific unethical practices like receiving gifts, avoiding warranty claims, bid-rigging,
making fictitious claims.
2. It must be supported by top management. Support comes in various forms such as providing sufficient
funds for its implementation and assigning specific employees to handle ethical infractions of other
employees.

REWARDS, PUNISHMENTS AND ETHICAL BEHAVIOR

 A code of ethics is sufficient for some people if ethical behavior is required. For many people however,
this may not be enough to motivate them to act ethically.
1. Reward - a thing given in recognition of one's service, effort, or achievement. Example: cash, gifts,
promotion or citation
2. Punishment - inflict a penalty or sanction on (someone) as retribution for an offense, especially a
transgression of a legal or moral code. Example: dismissal demotion, suspension or reprimand.

INTERNAL PROGRAMS FOR RESOLVING CONFLICTS

Conflicts arise, even when ethical conduct is concerned. It is important for entrepreneurs to adapt a
program of resolving conflicts.
Example: meetings.

ETHICS REVIEW COMMITTEES

To encourage ethical behavior, the entrepreneurship may create an ethics review committee. The
committee is usually composed of company employees as well as some who are not employed by the
company.

PROVISION OF TRAINING IN ETHICS

Company personnel who are exposed to activities that are ethically charged must be provided with sufficient
training in ethics. Such training should make them sufficiently prepared to deal with various ethical issues they
would encounter in their respective workplaces.

TOP MANAGEMENT SUPPORT

It is very difficult for any program or activity to succeed without sufficient support from the top
management. For instance, when unethical conduct is committed and no sanction is imposed by top
management, it can be expected that more violations of good ethics must be made.

ETHICAL ISSUES FACING ENTREPRENEURSHIPS

Entrepreneurships face ethical questions on a daily basis. The spring form the following relationships:
1. Between the company and the costumers
2. Between the company and its personnel and employees
3. Between the company and its business associates
4. Between the company and investors and financial community.

RELATIONS WITH COSTUMERS

When ethical abuses are committed, the most probable victims are costumers. This is expected because of the
high frequency or transactions between the company and the costumers.

CONSUMER RIGHTS
1. Right to be safe
2. The right to be informed
3. The right to choose
4. The right to be heard
EMPLOYERS’ RESPONSIBILITIES TO THE EMPLOYEES
1. Workplace safety
2. Quality of life issues
3. Avoiding discrimination
4. Preventing sexual harassment

What to do to prevent sexual harassment?

1. Issue a specific policy statement prohibiting
2. Develop a complaint procedure for employees to follow
3. Create a work environment that encourages sexually harassed employees to report their experiences.
4. Establish a committee to investigate sexual harassment claims
5. Take disciplinary actions against harassers.

 Questions for Review and Discussion

1. What is business ethics? Why is it important?

2. Who determines ethical behavior required of entrepreneurs?
3. What factors influence the ethical behavior of firms?
4. What are the ways of encouraging ethical behavior among employees?
5. What is the purpose of the code of ethics?
6. Who are the usual members of ethics review committees?
7. What ethical issues confront entrepreneurships?
8. What is meant by” the consumer’s right to be safe”?
9. What responsibilities to employees must entrepreneurs be aware of?

III. PRACTICE

 Prepare a short report on the ethical practices of entrepreneurs in your area.

IV. ENRICHMENT

 Read the Case: Fina’s Xerox: Right or Wrong?

Guide Question: If you were consulted by Fina, what would you advise her? Why?

V. EVALUATION
 Give a short quiz about the topic.

VI. Remarks

__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________

Prepared by: Checked by:

ROSETTE UNGAB LABRADOR, LPT, T II LIZA L. HERBILLA, LPT, MT 1
Subject Teacher SHS Curriculum, Head