BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

( Quarter 4 – Module 1 )

RESPONSIBILITIES AND ACCOUNTABILITIES OF ENTREPRENEUR

WHAT I KNOW

1A 6A 11 D

2B 7B 12 B

3C 8C 13 B

4A 9D 14 B

5A 10 A 15 B

WHATS IN

1 true 6 true

2 true 7 true

3 true 8 false

4 false 9 false

5 true 10 true

WHATS NEW

1B 6J

2C 7D

3G 8E

4I 9H

5A 10 F

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 WHATS MORE

1 Create and maintenance a safe work place.

2 Respect for human rights.

3 Supporting career development

4 Education and training of employees

5 Management of performance

6 Giving rewards

7 Pay wages and taxes

8 Facilitate workers compensation insurance

9 Consistent suppliers

10 Regular customers

WHAT I HAVE LEARNED

1 Responsibility 6 Responsibility

2 Responsibility 7 Responsibility

3 Accountability 8 Accountability

4 Accountability 9 Responsibility

5 Accountability 10 Responsibility

WHAT I CAN DO

Responsibility is task-oriented. Every person on a team may be responsible for a given task that is
required to complete a massive project. Accountability is what happens after a situation has occurred. It
is how you respond and take ownership over the results. If these are the correct definitions, then
“accountability” refers to making, keeping, and managing agreements and expectations. “Responsibility”
is the feeling of ownership. So that's it! That's what making learning personal is all about: being
responsible for our own learning.

My responsibility as older siblings should also always be supportive and offer help to my younger siblings
when they need it most, like with homework, school problems, relationship advice, and any other issues
that they face. The right to family care, love and protection and the responsibility to show love, respect
and caring to others especially the elderly. The right to a clean environment and the responsibility to
take care of their environment by cleaning the space we live in.

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 As a students I have the right to learn and to be free to express my opinions, feelings and ideas. I also
have to be responsibility and to work hard, to do my best, to complete my assignments and to respect
others' opinions, feelings and ideas. ... As a students I have the right to be safe and secure in school.
Being responsible and accountable is important when one is accountable, he or she accepts
responsibility for his or her actions and the results of his or her choices in life. Your actions always have
consequences, whether good or bad.

ASSESMENT

1 B 6 A

2 D 7 D

3 D 8 C

4 C 9 D

5 A 10 D

ADDITIONAL ACTIVITY

1 Responsibility to the employees

2 Responsibility to the consumers

3 Responsibility to the suppliers

4 Responsibility to the stockholder

5 Responsibility to the creditors

6 As an entrepreneur I will give security to employment and a conducive workplace.

7 As an entrepreneur I should behave humanely to my employees.

8 I shouldn’t treat them with mistakes inhumanely.

9 I will create a well defined service condition like promotion, appointments, retirements, and should
adopt a wage incentive scheme that will inspire the employees to higher quality work.

10 I need to be responsible and accountable.

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