Long Test

Republic of the Philippines
Department of Education
REGION IV-A CALABARZON
DIVISION OF BATANGAS
DAGATAN INTEGRATED NATIONAL HIGH SCHOOL
DAGATAN, TAYSAN, BATANGAS
WEEKLY HOME LEARNING PLAN
Grade 12
Quarter 4 (WEEK 1-5)
Subject: Applied Economics
Day & Learning Area Learning Competency Learning Task Mode of

Time Delivery
8:00 – 9:00 Wake up, make up your bed, eat breakfast and get ready for an awesome day!
9:00 – 9:30 Have a short exercise/meditation/bonding with family.
General Directions: Read the

directions carefully and write your
answer on a sheet of yellow paper
Week 1 Please indicate the subject on your
ABM_AE12ll-a-d1 answer sheet and the title of the task.
Answer the following:
Learning Task 1 Have the

Learning Task 2 parent
Learning Task 3
Answer the following: hand-in the
Learning Task 1
Week 2
Applied Learning Task 2 output to the
Economics Learning Task 3
teacher in
ABM_AE12ll-e-g1
Learning Task 1 school or
Week 3-5 Learning Task 2 learning
Learning Task 3 kiosk
Learning Task 5

Learning Task 1
Week 6-8 Learning Task 2
Learning Task 3
Learning Task 4
Prepared by:
AILYN A. RABANO
Subject Teacher
Checked: Noted:
REMIGIA GRACE S. PARZA ROWENA G. MASILANG

Master Teacher 1 Principal II
WEEKLY HOME LEARNING PLAN

Grade 12
Quarter 4 (WEEK 1-5)
Subject: Applied Economics
dagatan.nationalhs / DepEd-Tayo-Dagatan-INHS-Batangas-10013958844449
09989601523
301098@deped.gov.ph
Day & Learning Area Learning Competency Learning Task Mode of
Time Delivery
8:00 – 9:00 Wake up, make up your bed, eat breakfast and get ready for an awesome day!
9:00 – 9:30 Have a short exercise/meditation/bonding with family.
General Directions: Read the

directions carefully and write your
answer on a sheet of yellow paper
Week 1 Please indicate the subject on your
ABM_AE12ll-a-d1 answer sheet and the title of the task.
Learning Task 1 Have the

Learning Task 2 parent
Learning Task 3
Answer the following: hand-in the
Learning Task 1
Week 2
Applied Learning Task 2 output to the
Economics Learning Task 3
teacher in
ABM_AE12ll-e-g1
Learning Task 1 school or
Week 3-5 Learning Task 2 learning
Learning Task 3 kiosk
Learning Task 5

Learning Task 1
Week 6-8 Learning Task 2
Learning Task 3
Learning Task 4
Prepared by:
AILYN A. RABANO
Subject Teacher
Checked: Noted:

LONG TEST IN BUSINESS ETHICS AND SOCIAL RESPONSIBILITY 12
Name: ______________________________ Grade/Sec: ________________ Score: _________
I. Read and understand the statements below and ENCIRCLE the letter of your choice.
1. What kind of business is BEST described by these statements?
09989601523
301098@deped.gov.ph
I take all the risks of doing business.
I am the owner of my business.
I keep all the profits.
A. Proprietorship B. Partnership C. Corporation D. Cooperative
2. A small business that originates idea in the mind of an entrepreneur.
A. Proprietor B. Market plan C. Ventures D. Business plan
3. A business that composing less than 100 employees and have turnover of less than 150 million per annum.
A. Incorporation B. Medium Business C. Large Business D.Small business
4. A person who is not responsible for the turnout of the business venture, expecting that management will solve the existing
problem of the business.
A. Employee B. Entrepreneur C. Employer D. Manager
5. Partnership is a type of business organization which is composed of two or more owner. Which of the following is an
example of partnership?
. A. Moreto and Atienza Internet Café
B. Rhona’s Catering Services
C. Beredo Constructions Inc.
D. Atlantis Corporation
6. Which of the following statements are TRUE why do people enter into business?
I. Because people nowadays are practical
II. Because they want extra income
III. Because they just want to.
IV. None of the above
A. I & II B. IV C. III&II D. III
7. The money that you make is more than what you use to pay the bills.
A. Income B. Asset C. Profit D. Liabilities
8. Someone who earns a living by working in a particular business.
A. Supervisor B. Profession C. Manager D. Employee
9. Jerry and Jenny are partners in a real estate investment group. Jerry invest P500,000.00 of his own money to acquire
properties. Jenny handles the real estate transactions. Jenny makes some bad deals and now the group owes
P800,000.00 in delinquent mortgage payments. Jenny can be held personally liable for?
A. Only the portion of bad debts she personally approved The full 800,000
B. Up to half , or 400, 000
C. The full 800,000
D. Up to 500,000
10. How do the businesses contribute to socioeconomic development of a country?
A. Create job opportunity to those who are unemployed
B. Uplift the economic status of the country
C. Lessen the unemployment rate
D. None of the above
11. Building a sustainable environment includes:
A. Developing a green supply chain
B. Omitting hazardous emissions
C. both a & b
D. writing a code of ethics
12. Fairness in employment practices centers on
A. Hiring no family members or friends
B. Giving people equal rewards for accomplishing the same tasks.
C. Obeying equal employment opportunity legislation.
D. Avoiding conflicts of interest.
13. Team leader Gary is scheduled to prepare a performance of Lisa, a team member who also happens to be his wife's
closest friend. The ethical temptation Gary faces is
A. Sexual harassment.
B. Misuse of corporate resources.
C. Dealing with confidential information.
D. Conflict of interest.
09989601523
301098@deped.gov.ph
14. Kate, the owner of a small telecommunications firm gives gifts of stock in her company to telephone company managers
who purchase her equipment. Kate is giving in to the ethical temptation of
A. Kickbacks.
B. Misuse of corporate resources.
C. Sexual harassment.
D. Treating people unfairly.
15. The ethical dilemma of choosing between two rights refers to
A. Choosing between the lesser of two evils.
B. Deciding which of two employee rights is the most important.
C. Deciding to offer a bribe or lose out on an important opportunity.
D. Choosing between the two types of sexual harassment.
16. A whistle blower is an employee who
A. Exposes organizational wrongdoing.
B. Complains a lot to company management.
C. Engages in unethical behavior.
D. Referees disputes with other employees.
17. Which one of the following approaches to creating an ethical and socially responsible workplace is likely to be the most
powerful?
A. Passing out buttons with the statement "Just Say No to Bad Ethics"
B. Placing posters about ethics throughout the organization
C. Top management acting as models of the right behavior
D. Including a statement about ethics and social responsibility in the employee handbook.
18. A recommended way of minimizing unethical behavior is for employees to
A. Write anonymous notes to ethical violators.
B. Immediately report all suspicious behavior to top management.
C. Spend part of their vacation preparing a personal philosophy of ethics.
D. Confront fellow employees about ethical deviations.
19. Which one of the following is not recommended as a method for a company to protect itself against sexual harassment
charges?
A. Develop a zero-tolerance policy on harassment and communicate it to employees.
B. Retaliate swiftly against employees who bring forth charges of harassment.
C. Give swift and sure punishment to harassers.
D. Train managers at all levels on sexual harassment issues.
20. Unethical behavior is often triggered by
A. Pressure from higher management to achieve goals.
B. An organizational that condones such behavior.
C. Both a & b
D. A system of checks and balances
II. TRUE/FALSE Directions: Read each statement below carefully. Place a T on the line if you think a statement it TRUE. Place an F
on the line if you think the statement is FALSE.
21. In some situations a company action can be legal, yet still unethical.
22. Ethics is the study of moral obligation, or separating right from wrong.
23. Oscar, the meat department manager at a supermarket, follows a deontological view of ethics. He therefore sees no
ethical problem in selling rabbit meat and labeling it as chicken, so long as no customer gets sick.
24. Lois is a sleazy individual who is out to manipulate and trick people. According to the virtue ethics point of view, even when
Lois's actions do not harm people, she is still unethical.
25. An individual driver of unethical behavior is unconscious biases that lead us to behave in unjust ways toward others.
26. Dhani is the human resources manager for a government agency. He faces a conflict of interest when his girlfriend's
mother applies to the agency and he must provide input on whether the woman should be hired.
27. As a Website advertiser, you know that you have been the victim of click fraud when thousands of people click on your ad
with absolutely no interest in making a purchase--and you are charged for all those clicks.
28. Organizations take a major social responsibility initiative when they establish programs that help employees balance the
demands of work and personal life.
09989601523
301098@deped.gov.ph
29. Blowing the whistle on one's employer frequently leads to negative consequences for the individual, such as no further
promotions or low performance evaluations.
30. One of the questions in the guide to ethical decision making asks, "Who gets hurt?"
Prepared by:
AILYN A. RABANO
Subject Teacher
Checked: Noted:

09989601523
301098@deped.gov.ph
LONG TEST IN APPLIED ECONOMICS 12
Name: ______________________________ Grade/Sec: ________________ Score: _________

Direction: Read and analyze the statements below. Encircle the best answer.
1. What is the financial gain made in transactions?
A. Profit B. Resource C. Scarcity D. Wage
2. If a person makes a necklace that only costs $2.00 to make, and then sells the necklace for $12.00, they made a $10.00 ____.
A. Wage B. Demand C. Profit D. Equilibrium price
3. What is an economic or productive factor required to accomplish an activity?
A. Specialization B. Resource C. Traditional system D. Wage
4. What is it called when you have limited quantities of resources used to meet unlimited wants?
A. Profit B. Specialization C. Cartel D. Scarcity
5. What is the concentration of the productive efforts of individuals and firms on a limited number of activities?
A. Socialism B. Specialization C. Factors of production D. Free enterprise
6. What is a social and political philosophy based on the belief that democratic means should be used to evenly distribute wealth
throughout a society?
A. Capitalism B. Socialism C. Traditional system D. Microeconomics
7. What is an economic system that relies on habit, custom, or ritual to decide questions of production and consumption of goods
and services?
A. Capitalism B. Socialism C. Traditional system D. Barter system
8. What is a payment made by an employer to an employee?
A. Profit B. Marginal C. Interest D. Wage
9. What is a formal organization of producers that agree to coordinate prices and production?
A. Cartel B. Traditional system C. Command system D. Corporation
10. What are two goods that are bought and used together?
A. Monopolistic competition B. Market system C. Complementary goods D. Efficiency
11. What is a legal entity owned by individual stockholders?
A. Capital B. Free enterprise C. Specialization D. Corporation
12. What is the desire to own something and the ability to pay for it called?
A. Demand B. Allocation C. Capital D. Opportunity cost
13. What is the measure of how consumers react to a change in price?
A. Elasticity B. Marginal C. Equilibrium price D. Scarcity
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14. What is the point at which the quantity demanded and the quantities supplied are equal called?
A. Elasticity B. Efficiency C. Equilibrium price D. Production possibilities
15. What is the study of economic behavior and decision makings of small units, such as individuals, families, and businesses
called?
A. Macroeconomics B. Microeconomics C. Economics D. Economic statistics
16. What is a market structure in which many companies sell products that are similar but not identical?
A. Monopoly B. Traditional system C. Oligopoly D. Monopolistic competition
17. The KIA plant was built by which country?
A. North Korea B. South Korea C. China
18. The machines and robots at the KIA plant are an example of what?
A. Capital B. Economic technology C. Specialization
19. The KIA plant was built in what Georgia city? \
A. Middleton B. AtlantaC. West Point
20. Which country represents a substantial degree of socialism?
A. Denmark B. Canada C. United Kingdom
21. Corporations are in business for what?
A. Profit B. Non-profit C. Stockholders
22. At full capacity, the KIA plant should produce how many vehicles per year?
A. 250,000,000 B. 1 billion C. 300,000
23. When a state agrees to lower a tax rate for one corporation so that the corporation builds a plant or factory in that state, it is an
example of what?
A. Capitalism B. Monopolistic competition C. Incentive
24. How much did it cost KIA to build their plant in Georgia?
A. $1 billion B. $2 billion C. $3 billion
25. What is financial compensation in exchange for labor?
A. Profit B. Wage C. Capital
26. What is the hourly wage at KIA?
A. $14-21/hr B. $15-25/hr C. $12-22/hr
27. When a consumer buys a car from a dealership, this is an example of what?
A. Macroeconomics B. Microeconomics C. Home Economic
28. When a government's expenses for a year are higher than its revenue for that year, the difference is known a/an
A. Surplus B. Shortage C. Budget deficit D. National debt
29. Which of the following are most likely to be helped by inflation?
A. Banks that loaned money at a fixed interest rate
B. People living on fixed incomes
C. People who borrowed money at fixed interest rates
D. Businesses
30. When deciding which of two items to purchase, you should always:
A. Choose after comparing costs and benefits of both items
B. Choose the item that costs less
C. Choose the item with the greatest benefits
D. Choose the item that you want
Prepared by:
AILYN A. RABANO
Subject Teacher
Checked: Noted:
09989601523
301098@deped.gov.ph
09989601523
301098@deped.gov.ph

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Republic of the Philippines

Day & Learning Area Learning Competency Learning Task Mode of

9:00 – 9:30 Have a short exercise/meditation/bonding with family.

General Directions: Read the

Learning Task 1 Have the

Answer the following:

REMIGIA GRACE S. PARZA ROWENA G. MASILANG

WEEKLY HOME LEARNING PLAN

9:00 – 9:30 Have a short exercise/meditation/bonding with family.

General Directions: Read the

Learning Task 1 Have the

Answer the following:

REMIGIA GRACE S. PARZA ROWENA G. MASILANG

LONG TEST IN BUSINESS ETHICS AND SOCIAL RESPONSIBILITY 12

Name: ______________________ Grade/Sec: Score: _

1. What kind of business is BEST described by these statements?

REMIGIA GRACE S. PARZA ROWENA G. MASILANG

LONG TEST IN APPLIED ECONOMICS 12

Name: ______________________ Grade/Sec: Score: _

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