Learning Activity Sheets

Name of Learner:
Grade & Section:
Date:

LEARNING ACTIVITY SHEETS IN BUSINESS ETHICS AND SOCIAL

RESPONSIBILITY

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

Quarter 1 - Module 2 – Week 2

The Core Principles of
Good Corporate Governance

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 LEARNING COMPETENCIES

The learners will illustrate how fairness, accountability,

transparency, and stewardship is observed in
business and nonprofit organization.
ABM_ESR12-IIIa-d-1.4;
ABM_ESR12-IIIa-d-1.5 Week 2

BACKGROUND INFORMATION FOR LEARNERS

A Good Corporate Governance in all businesses and even in non-profit
organizations such as foundations is very important in order to build trust and
confidence with the investors, donors, and the community in general. A good
corporate governance builds the integrity of the institution. Below are the Core
Principles of a Good Corporate Governance:
FAIRNESS
Fairness comes from the old English word faeger, which means “pleasing or
attractive.” It is the quality of making judgments that are free from discrimination.
Fairness in the context of a business organization involves balancing the
interests involved in all decision-making including any decisions related to hiring,
firing (including the investigatory process), and the compensation and rewards
system. Hiring the right people is one of the most important decisions an
organization makes.
ACCOUNTABILITY
Accountability is the obligation of an individual or organization to account for its
activities, accept responsibility for them, and to disclose the results in a
transparent manner.
Accountability in the context of a business organization is 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.
TRANSPARENCY

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Transparency is defined as being authentic in the way an organization message
themselves externally – to stakeholders, to prospective customers and talent, and
within the community. It allows stakeholders to understand whether the activities
of social institutions provide a genuine service to civil society and whether money
is used appropriately.
Thus, transparency means there is lack of hidden agendas or conditions,
accompanied by the availability of full information required of collaboration,
cooperation, and collective decision-making.
STEWARDSHIP
In Biblical terms, stewardship is defined as utilizing and managing all resources
God provides for the glory of God and the betterment of His creation. That
definition plays a critical role in today’s business landscape. In the context of
business organization, stewardship refers to taking responsibility for the business
and the effects it has on the world around it. This involves considering more than
just the bottom line and looking at elements such as values, ethics, and morals.

REFERENCES

Books
Ahmed, A. (2029). Definition of stewardship. Retrieved on June 14, 2020 from
https://bizfluent.com/about-4612393-definition-of-stewardship.html
Business Dictionary.com. Accountability. Retrieved on June 14, 2020 from
http://www.businessdictionary.com/definition/accountability.html
Campbell, M. (2020). Transparency in business: mean what you say. Retrieved
on June 14, 2020 from https://elementthree.com/blog/transparency-in-business-mean-
what-you-say/
Christianity.com (2020). What are stewards in the Bible? Meaning and
importance of stewardship. Retrieved on June 14, 2020 from
https://www.christianity.com/wiki/christian-terms/stewards-in-the-bible-meaning-of-
stewardship.html
Encyclopedia of Corporate Social Responsibility. (2013). Stewardship theory.
Retrieved on June 14, 2020 from
https://link.springer.com/referenceworkentry/10.1007%2F978-3-642-28036-8_107
Pinoy Story.com. (2020). Filipino taxi driver: Mr. Eugenio Ventura with a golden
heart. Retrieved on June 14, 2020 from
http://pinoystory.com/filipino-taxi-driver-eugenio-ventura/

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Racelis, A. (2017). Business ethics and social responsibility. 1st Ed. Rex Bookstore
Vocabulary.com. Fairness. Retrieved on June 14, from
https://www.vocabulary.com/dictionary/fairness#:~:text=Fairness%20comes%20from
%20the%20Old,used%20to%20describe%20physical%20beauty.

ACTIVITY PROPER

Activity 1: TRUE OR FALSE

__________1. Fairness involves balancing the interests involved in all decision-

making including decisions related to employees’ hiring, firing, compensation,
and reward system.
__________2. Transparency allows stakeholders to understand whether the
activities of social institutions such as internet organizations and NGOs provide a
genuine service to civil society and whether money is used appropriately.
__________3. Transparency means to be liable to explain or justify one’s action
and decision.
__________4. Accountability is the quality of making judgment that is free from
discrimination.
__________5. Accountability implies responsibility.

Activity 2: Choose the letter of the correct answer.

1. You insert the exact amount into the vending machine at school for a can of
soda. Two cans are released from the machine. What will you do with the extra
can of soda?
a. Offer the can of juice to your classmate.
b. Keep the extra can of soda for you.
c. Report an incident to appropriate school personnel.

2. Employees expect that their employers will be transparent. What does this
refer to?
a. The need for an office space to use glass walls.
b. Employees are responsible for their employer’s actions.
c. Employers to provide honest and clear information to their employees.

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3. Joseph found out his teacher’s password to open her Facebook account. What
is the ethically correct thing for him to do?
a. Give the password to all other students.
b. Tell the teacher so she may change it.
c. Keep it to himself and if someone finds out the password it is not his problem.
4. Arriving to work on time is an example of which characteristic of a good
employee?
a. Timeliness
b. Personal accountability
c. Adaptability

5. Providing wrong information on the resume is an example of which of the

following:
a. Lack of transparency on employee’s part.
b. Poor transparency on an employer’s part.
c. Lack of accountability on an employer’s part.

6. What is fairness?
a. Something that is beneficial for you.
b. Something that is beneficial for all of society.
c. The quality of treating people equally.
d. None of the above.

7. Stewardship is not limited to money. What other thing that God expects you
manage?
a. Education
b. Time
c. Health

8. What does accountability refer to?

a. Being responsible for one’s action.
b. Providing access to information.
c. The ability to hire and fire an employee
d. All of the above

9. Which is considered unethical business practice?

a. Training employees unfairly.
b. Selling quality product.
c. Good word of mouth from customers.
d. All of the above

10. All of the following are considered abusive conduct in the workplace EXCEPT

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a. Invading the personal space of co-workers.
b. Insulting co-workers.
c. Receiving a performance review from a supervisor.
d. Giving nasty gestures at co-workers.

ACTIVITY 3: CASE STUDY

MANG EUGENIO VENTURA: FILIPINO TAXI DRIVER WITH A GOLDEN

HEART
The story of Mang Eugenio Ventura, an extraordinary cab driver, went viral in the
social media when a passenger spread the good work about him, not rejecting
passengers (despite heavy traffic in Metro Manila) and declining tips. Apart from
being fair and honest, he is the jolly type – he just laughs off the congestion on
the main roads of the city. He got featured in an episode of the TV Program
“Mission Possible.”

Questions:
1. What do you think has molded the fair, honest and cheerful
behavior of Mang Eugenio?

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_______________________________________________________
_______________________________________________________
_______________________________________________________
________________________________________________

2. What lesson have you learned from the good example of Mang
Eugenio?
_______________________________________________________
_______________________________________________________
_______________________________________________________
________________________________________________
3. In school, how can you teach and train students in fair, honest and
ethical behavior?
_______________________________________________________
_______________________________________________________
_______________________________________________________
__________________________________________________

Rubrics for the activity:

20 Expert – Piece is extraordinary, and very
informative and well organized.
15 Accomplished – Piece has an interesting style, and
somewhat informative and organized.
10 Capable – Piece has little style, gives some new
information but poorly organized.
5 Beginner - Piece has no style and, and gives no new
information and very poorly organize.

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 REFLECTION

As the country continues to deal with COVID-19 pandemic, Filipinos need to work
to earn money to improve life as well as to help others.
Work is part of God’s design to humanity. It is a calling entrusted to man where it
requires stewardship of time, resources, and giftedness.
As an employee or worker, you should never steal from your company. You
should obey and honor the managers of your company. It is not only out of
obligation, but for personal growth as well.
As an employer, you are called to be a good steward of your resources especially
the people who work for you. You are blessed by God to be a blessing to others.
As 1 John 3:17 says, “But if anyone has the world’s goods and sees his brother in
need, yet closes his heart against him, how does God’s love abide in him?”
The pandemic is now challenging you. What does it mean to be a steward in your
home? in school? in community? in workplace?

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 ANSWER KEY

Answer may vary in activity 3

(Upside down
format/flip ACTIVITY 1 vertical)
1.TRUE 6. C
2. TRUE 7. C
3. FALSE 8. B
4. FALSE 9. B
5. TRUE 10. A

1. C
2. B
3. A
4. A
5. C

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 School: ESCALANTE NATIONAL HIGH SCHOOL Quarter: Quarter 1
Teacher: AIDEN C. FOJAS Week: Week 2
WEEKLY HOME  Subject: BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Date: March 8-12, 2021
LEARNING PLAN

Learning
Day and Time Learning Area Learning Tasks Mode of Delivery
Competency
MELCS Specific Activities Parents/guardian will
Business Ethics Quarter1 hand-in the output,
And Social Module 2 week answer sheets,
From the activity sheet read and
Responsibility 2 worksheet and
answer the following activities notebook of the
1. The learners 1. Activity 1, 2, and 3 learner to the
will illustrate how 2. Reflection designated drop box
fairness, in school/barangay on
accountability, the date and time
transparency, scheduled.
and stewardship
is observed in *Teacher can
business and communicate to
nonprofit his/her learners and
organization. do oral questioning
ABM_ESR12- and assessment to
IIIa-d-1.4; the learner through
ABM_ESR12- there social media
IIIa-d-1.5 Week acct., call, text, or
2 personal message.

Prepared by:

Aiden C. Fojas
Teacher

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