UNIVERSITY OF MAKATI

J.P. Rizal Ext. West Rembo, Makati City

COURSE OUTLINE

HIGHER SCHOOL NG UMAK

DEPARTMENT OF ACCOUNTANCY, BUSINESS AND MANAGEMENT

COURSE TITLE COURSE CODE

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY ELECTIVE

COURSE PREREQUISITE/CO-REQUISITE UNITS
FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 4.5

COURSE DESCRIPTION
The course deals with the fundamental concepts, principles, and practices of ethical standards in the business
environment. It combines the theoretical foundations of setting up business enterprises with the conduct of
entrepreneurial activities in the context of one’s accountability and social responsibility.

Specifically, the course aims to: (1) provide students with a basic understanding of the mechanisms whereby
companies can be made to act in the best interest of shareholders, other stakeholders, and society as a whole; (2)
provide students with knowledge of general ethical principles as applied to the special situations of business and the
ability to make informed judgments through case analyses; and (3) equip students with the ability to formulate basic
strategies in relation to corporate ethics and governance.

After completing this course, the learners should be able to….

1. differentiate the forms of business organizations;
2. distinguish between good policies/practices and morally unacceptable policies/practices;
3. compare and contrast classical philosophies as they relate to the business setting;
4. advocate honest policies and practices in all aspects of business operations;
5. Analyze and synthesize relevant information;
6. explain the importance of establishing and sustaining business enterprises as source of job opportunities and financial
freedom; and
7. distinguish what is GOOD vs. what is morally unacceptable among the given Filipino values.
COURSE INTENDED LEARNING OUTCOMES

WEEK SESSION CONTENT

1. Classroom orientation, setting
2. Expectations
3. Overview of course
4. Significance of the course
1 4.5 hrs MODULE 1: INTRODUCTION: BUSINESS ETHICS and SOCIAL RESPONSIBILITY
 What is ethics? What is business ethics?
 What is social responsibility?
 What are the different ethical theories and how do they apply in business?

MODULE 2: THE ROLE OF BUSINESS IN SOCIAL AND ECONOMIC DEVELOPMENT

1. The basic forms of business organizations
2 4.5 hrs 2. The basic classifications of business
3. What are the purposes of establishing a business?

The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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 UNIVERSITY OF MAKATI
J.P. Rizal Ext. West Rembo, Makati City

MODULE 3: CORE PRINCIPLES IN BUSINESS OPERATIONS

1. The core principles underlying fairness, accountability, and transparency in business
3 4.5 hrs operation and stewardship (respect for others’ property)
2. What are company core values? What is the significance of having a set of core values
in a company?

MODULE 4: COMMON PRACTICES IN BUSINESS ORGANIZATIONS

1. Common practices in business organizations (decorum, protocol, policies, marketing,
bookkeeping, reportorial requirements and documentation, etc.)
a. decorum
b. protocol
c. policies
4 4.5 hrs d. marketing
e. bookkeeping
f. reportorial requirements
g. documentation
2. What is code of ethics? Why is code of ethics important?
3. Examples of code of ethics
a.
MODULE 5: THE CLASSICAL PHILOSOPHIES AND THE IMPLICATIONS OF BUSINESS ETHICS
1. What can businesses learn from the classical philosophies specifically, virtue ethics of:
b. Socrates (The Socratic Method and Entrepreneurial Learning)
c. Plato (The Theory of Relativism, Tripartite Soul, Education for Health and the State)
5 4.5 hrs d. Aristotle (Virtue and Happiness, Moral Education, Doctrine of the Mean, Unity of
Virtues)
e. Immanuel Kant: Duty-based ethics
f. Jermy Bentham and John Stuart Mill: Utilitarianism

MODULE 6: THE IMPACT OF BELIEF SYSTEMS IN THE BUSINESS SETTINGS

1. How world religions view business ethics
2. The impact of belief systems
a. Judaism: Jewish business ethics
b. Christianity: Crucial Principles
c. Islam: Ethics from the Q’uran
6 1.5 hrs d. Hinduism: Non-violence
e. Buddhism: Maxims for business
f. Confucianism: The Golden Rule
g. Taoism: Action without Action
h. Shintoism: The way of the Gods

a.
MODULE 7: THE FILIPINO VALUE SYSTEM AND ITS EFFECTS ON BUSINESS
1. The Filipino Value System
b. Utang na Loob
c. Filial Piety
d. Padrino Suki
7 4.5 hrs
e. Bahala na – Mañana
f. Amor Propio
2. Filipino Family Values
3. Negative Filipino Traits

The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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 UNIVERSITY OF MAKATI
J.P. Rizal Ext. West Rembo, Makati City
MODULE 8: THE RESPONSIBILITIES AND ACCOUNTABILITIES OF ENTREPRENEURS
1. The responsibilities and accountabilities of entrepreneurs and accountabilities of
entrepreneurs towards:
a. employees
b. government
c. creditors
8 4.5 hrs
d. suppliers
e. consumers
f. general public
g. environmentt
h. other stakeholders

MODULE 9: MAJOR ETHICAL ISSUES IN ENTREPRENEURSHIP

1. Major ethical issues in entrepreneurship (basic fairness, personnel and customer
9 4.5 hrs
relations distribution dilemmas, fraud, unfair competition, unfair communication,
nonrespect of agreements, environmental degradation, etc.)
a. basic fairness
b. personnel
c. customer relations distribution dilemmas
d. fraud
e. unfair competition
f. unfair communication
g. nonrespect of agreements
h. environmental degradation
i. contractualization
j. International Ethical Issues

MODULE 10: MODELS AND FRAMEWORKS OF SOCIAL RESPONSIBILITY IN THE PRACTICE OF

SOUND BUSINESS
1. Models of Socially Responsible Businesses
2. Frameworks of Socially Responsible Businesses
a. Top 100 Socially Responsible Businesses
10 4.5 hrs b. Google’s CSR Framework
c. Nikon’s CSR Frameworrk
d. Total Corporate Social Responsibility
e. The Four-Way Test Framework
f. Criteria for Ethical Decision Making

MODULE 11: THE IMPORTANCE OF DOING BUSINESS BEYOND MOTIVATION

1. Reasons to do business beyond profit
11 4.5 2. Purpose beyond profit
3. Ethics endorsers: The influencers
4. The Boundary Spanning Leaders: Connecting, Building Trust

MODULE 12: THE NOTION OF SOCIAL ENTERPRISE

1. What is a social enterprise?
12 4.5 2. Poverty Alleviation: GKonomist Manifesto
3. Empowerment First, Profit Second
4. What is a social entrepreneur?

The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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 UNIVERSITY OF MAKATI
J.P. Rizal Ext. West Rembo, Makati City
MODULE 13: ACTION PLAN TO PRACTICE BUSINESS ETHICS AND GLOBAL RESPONSIBILITY
1. Imitating virtuous behaviorrs
2. Leaders’ moral influence
3. Action plan to assist an existing small business enterprise
13 4.5
4. Incorporating ethics into the organization’s strategic plan
5. Basics of action planning
6. Applying the “purpose framework” in the business enterprise
7. Examples of Action Plans

REQUIRED READINGS (TEXTBOOK)

SUGGESTED READINGS

Business Ethics and Social Responsibility

COURSE REQUIREMENTS
Reflection Paper
Reporting
PPT Presentations
Practicals
GRADING SYSTEM
25% - Written Work
50% - Performance Task
25% - Quarterly Assessment
CLASSROOM POLICIES

CONSULTATION HOURS

COURSE PROGRAM

COURSE TITLE SCHEDULE TIME ROOM

BUSINESS ETHICS AND
SOCIAL RESPONSIBILITY
FACULTY ACADEMIC HEAD COLLEGE SECRETARY DEAN
DANIELE D. CALMA DR. TOMASA QUIÑONES DR. CORAZON BENOSA

The CCMD acknowledges all academic efforts and serves as a repository of academic learning plans of the teacher-contributor and the department chair-editor.
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