CALACA ACADEMY, INC.

Senior High School

A.Y 2021-2022

Business ethics
And social
responsibility
 Module 2

The role of Business in Social and Economic Development. The

core Principles Underlying Fairness, Accountability, and
Transparency in Business Operation and Stewardship

 Classify the situation if is shows, fairness, accountability, or

transparency;
 Explain the core principle of fairness, accountability, and
transparency and;

MOTIVATION

Direction: What is the purpose of the things that you have seen in the picture? Does the picture
show fairness?

Note: refer to worksheet number 5

 LECTURE

Three core principle that should be implemented in business operations

1. FAIRNESS
 Ability to make judgements free from discrimination or dishonesty.
 This is the standard of judging which is exempted from bias or prejudice.
 The value of fairness is about the process of decision-making, not the outcome.

Example:
Fairness is giving to a person what is due to him/her.
 In making a hiring decision, one may evaluate “qualification” and proper
documents/requirements.
 Business owner should give 13th month pay to all his/her employees.
 Treat people equally according to abilities.

2. ACCOUNTABILITY
 Accountability means that every person in an organization is responsible for actions,
behavior, performance and even in decision-making.
 Responsibility is an on-going task that needs to be done.
 These two words are somewhat synonymous to each other. Being accountable
means a person is liable to face the consequence once task is not done.

How to improve accountability in workplace?

 Set one’s goal

 Give feedbacks. Address the poor performance as soon as possible.
 Have a follow – through and follow up.

3. TRANSPARENCY
 When someone communicate honestly and openly with co-workers in organization,
in a culture where information flow freely to team, this transparency.
 Understand the concept that transparency build trust, expand relationship, promote
productivity and strong leadership.
 A transparent approach makes a person more honest and sincere in his/her
relationships, in communication his/her points of view, and in working actively to
find shared meanings ang goals.

Here are the ways to create transparency:

  Be honest. Remember that transparency builds trust
 Win or lose, share the results.
 Work with people who care about transparency.
 Aim for meaningful work
 Avoids jealousy.

Example of transparency:
1. Have an accurate report on the company’s financial situation and risks to inventors.
2. Hold and select bids according to an open predefined process.

Practice
Direction: Answer the following questions.
1. What guides you when you do not know what to do in a difficult situation?
2. Why is it important to have ethical values on the job?

Rubrics:
Writing mechanics/Content 5pts.
Grammar 5pts.

Total 10 points for each

number

Note: refer to worksheet number 06.

Case
Enrichment
Direction: Read and analyze.
You are always the kind person who failure, avoid conflicting situations, and afraid of
being fired from your job, that put your ethical values on the line. Given below are the
situations that would test your ethical standards. How would you respond to the situations?
Remember that honesty and excellent explanation are needed from you.

Case 1 – Protecting a friend whose drinking is causing problems in the company.

Note: Refer to worksheet number 7
 CA
LA
CA
AC
Name:
AD Grade and Section:
Date:
EM Teacher: Ms. Maryjane V. Lasheras
Y,
WORKSHEET
INC. NUMBER 5
SenioWhat is the purpose of the things that you have seen in the picture? Does the picture
Direction:
r fairness?
show

High
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ol
Media
and
Inform
ation
Literac
y

WORKSHEET NUMBER 6
Direction: Answer the following questions.
1. What guides you when you do not know what to do in a difficult situation?
2. Why is it important to have ethical values on the job?

Rubrics:
Writing mechanics/Content 5pts.
Grammar 5pts.

Total 10 points for each

number
WORKSHEET NUMBER 7
Direction: Read and analyze.
You are always the kind person who failure, avoid conflicting situations, and afraid of
being fired from your job, that put your ethical values on the line. Given below are the
situations that would test your ethical standards. How would you respond to the situations?
Remember that honesty and excellent explanation are needed from you.

Case 1 – Protecting a friend whose drinking is causing problems in the company.