BUSINESS ETHICS AND SOCIAL RESPONSIBILITY GRADE 12, QUARTER 3

Name of Learner:________________________________________ Grade Level:___________________

Section:_________________________________________________ Date:___________________

LEARNING ACTIVITY SHEET NO. 2

I. Introduction

Being an Accountancy, Business, and Management (ABM) student, you can be

employed later in an enterprise or even in a big corporation. Hence, it is important for
you to know the ways on how fraud or problems can be prevented in work areas or
offices. As such, the core principles of fairness, accountability, and transparency
should be learned so that you can apply the knowledge in case you encounter those
fraudulent or problematic situations in the future.

II. Learning Competencies

Illustrate how fairness, accountability, transparency and stewardship is observed in

business and non-profit organizations (ABM_ESR12-IIIa-d-1.4; ABM_ESR12-IIIa-d-
1.5)

III. Objectives
At the end of this learning activity sheet, you are expected to:

1. classify the situation if is shows fairness, accountability, or transparency;

2. explain the core principles of fairness, accountability, and transparency; and
3. illustrate how fairness, accountability, transparency and stewardship is observed in
business and non-profit organizations.

IV. Discussion

To help the business organization get on the right track, there are three core principles
that should be implemented in its operation - fairness, accountability, and transparency.

Fairness

This is the standard of judging which is exempted from bias or prejudice. When
someone displays fairness in making decision, he/she pleases all involved parties and
offers a solution that is beneficial to everyone. In business context, fairness means
balancing the interests involved in all decision-making including those related to hiring,
firing, and the compensation and reward system. Employees think of their organizations
as just when the rewards and the way they are distributed are fair.

Fairness is giving to a person what is due to him/her. It has something to do with

justice because the employer checks whether the members have the benefits and burdens
distributed evenly to them.

1
 Examples of fairness:

1. A boss listening to both sides of the story before judging who is right and who is
wrong.
2. An employer giving 13th month pay to all his/her employees.
3. A person paying the right price for a product purchased or for a service received.

Accountability
The most important aspect of preventing and detecting corruption is the sound
accountability structures. A civil society organization without proper systems of
accountability is fragile and open to rumors of mismanagement and abuse of authority.
Worst of all, lacking it will prevent the organization from enjoying full respect and
legitimacy in the eyes of its stakeholders, including those bearers of duties that it intends
to advocate with.
Accountability is the explication and justification process. It is about testing,
forming a judgment, and taking an action if necessary. It also comes with responsibilities.
Holding people to account for those actions which they are responsible for is fair.
Accountability is therefore an obligation to demonstrate that work has been carried
out in accordance with agreed rules and standards, or to report on performance results
fairly and accurately in relation to mandated roles and/or plans.
Examples of accountability:
1. A cashier admits he/she lost the company’s collection and it is his/her mistake.
2. An engineer who is assigned on a project is the one to be blamed if the project
did not meet the deadlines.
3. Employee A recommended his cousin to be their company janitor, but the latter
stole the cellular phone of their secretary. Therefore, Employee A may be blamed
for recommending his/her cousin and should pay or replace the lost cellphone.
Transparency
Transparency, at the individual level, considers intrinsic or ethical salience as an
important feature of the relational dimension of a person. It is described as a personal
quality which is necessary to develop unity between and among individuals. A transparent
approach makes a person more honest and sincere in his/her relationships, in
communicating his/her points of view, and in working actively to find shared meanings
and goals.
Organizationally speaking, the instrumental salience of transparency is identified
as an important mechanism for ensuring social responsibility. For example, adequate
disclosure is required to inform donors of how an organization uses its money.
Transparency helps people to consider how the actions of social organizations such
as multinational agencies and non-governmental groups offer meaningful support to civil
society and whether funding is being properly spent.
More examples of transparency:
1. Reporting accurately the company’s financial situation and risks to investors.
2. Holding and selecting bids according to an open pre-defined process.

2
 3. Having an open process of decision-making such as in hiring additional
employees.

V. Activities

Activity A.
Direction: Classify each situation below whether it shows fairness, accountability, or
transparency by putting a check in the proper column. An example is given below.
Write your answers on the table.

Activity B.
Directions: Cite two situations on how you can apply fairness, transparency, and
accountability in dealing with your teachers and family/parents. Copy the table below
and write your answers on a separate sheet of paper.

3
 Activity C.
Directions: Match the term in Column A to its definition/description in Column B. Write
only the letter of your answer on a separate sheet of paper.

VI. Assessment

Directions: Identify what is defined or described by choosing the letter of your answer.
Encircle the write answers.
1. It is the explication and justification process.
A. accountability B. fairness C. transparency D. efficiency
2. It is giving to a person what is due to him/her.
A. accountability B. fairness C. transparency D. efficiency
3. This act should be done accurately to the company’s investors.
A. hiring B. reporting C. organizing D. auditing
4. This approach makes a person more honest and sincere.
A. accountability B. fairness C. transparency D. efficiency
5. This means that the standard of judging is free from bias.
A. accountability B. fairness C. transparency D. efficiency

4
 Directions: Identify whether the statement is True or False.
_________6. When a manager is not bias, he/she is fair.
_________7. Ted showed transparency when he reimbursed his expenses without showing
official receipts.
_________8. An employee is accountable to pay whatever company property he/she has
damaged or lost.
_________9. Fairness is shown when one listens to the two sides of a story.
_________10. Accountability is shown when one admits his/her mistake and is responsible
for it.
_________11. Betty exercised fairness when she paid the right amount for an item
purchased.
_________12. Transparency is shown when the accountant hides the records from the other
shareholders of the company.
_________13. Bobby is exhibiting transparency when he holds an open bidding for the
company’s next project.
_________14. Mina should pay the money collection that she lost in the restaurant, being
the treasurer of the lending company where she works.
_________15. A boss may choose who among his employees will be given 13th month pay.

VII. References

DepEd 2016. DepEd’s Curriculum Guide for Business Ethics and Social Responsibility, s.
2016
DepEd 2020. DepEd’s Most Essential Learning Competencies MELC for Business Ethics and
Social Responsibility, s. 2020
Racelis, Aliza. 2017 Business Ethics and Social Responsibility. Manila: Rex Book Store, Inc.
Rescorrection.com. 2020. Photography of a Person Pointing Something. Retrieve from
https://www.pexels.com/photo/photography-of-a-person-pointing-onsomething-
684387/.
Roa, Floriano. 2011. Business Ethics and Social Responsibility. Manila: Rex Book Store, Inc.
Shimazaki, Sora. 2020. Judgment Scale and Gavel in Judge Office.
https://www.pexels.com/photo/judgement-scale-and-gavel-in-judge-office5669602/.
Spacey, John. 2016. 11 Examples of Transparency. Retrieved from
https://simplicable.com/new/transparency.

Prepared By:

MICHELLE M. MARCELO
Teacher I – Maruhat National High School - MNHS

Practice Personal Hygiene Protocols at all times.