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Business Ethics and Social

Responsiblity

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Review
FILIPINO TIME
What Filipino Value
System refers to The
Filipinos’ own version EXCESSIVE PARTING
of fatalism, the belief of
leaving everything to
the hands of fate?
BAHALA NA
Review
BUDDHISM

What BELIEF system

believes in the unifying HINDUISM
concept of KARMA and
worships of different
Gods? ISLAM
Review
NINGAS COGON
What Filipino Value
System refers to The
BEHAVIOR of GRAVEVINE
preventing someone
from achieving
something due to
jealousy or envy? CRAB MENTALITY
Review
PADRINO SYSTEM
What Filipino Value
system were one gains
favor, promotion, or GRAVEVINE
political appointment
through family affiliation
or friendship, as opposed
to one's merit.? CRAB MENTALITY
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STAKEHOLDER’S THEORY

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The idea is that when businesses pay attention to
their stakeholders-
Customers
Suppliers/Creditors
Employees
Government
Investors/shareholders/owners
Society
They will make a larger overall propit
 Stakeholders
Stakeholders are individuals or organizations that are
affected by the consequences and outcomes of decisions

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 RESPONSIBILITY OF
THE
ENTREPRENEURS

Business Ethics and Social

Responsibility
Social Responsibility and
Accountability to Employees

1. Fair Wage and Salary (Labor Code)

2. Good and Safe Working condition
(Occupational Safety and Health-
RA11058)
3. Opportunities for Growth
(Education, Training, promotion)
4. Manage performance and Defined
Service Condition
RA 11058

Employers are now required to comply with

occupational safety and health standards including
informing workers on all types of hazards in the
workplace and having the right to refuse unsafe
work, as well as providing facilities and personal
protective equipment for the workers among others.
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 Social Responsibility and
Accountability to Customers –
(Consumer Protection Act)

1. Charge reasonable PRICE

2. Protection against hazards to health
and safety
3. Protection against deceptive, unfair
and unconscionable sales acts and
practices.
4. True and Fair Adverstisment
5. Labelling and Fair Packaging
6. Product and Service Quality
7. Required After sales service
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Social Responsibility and
Accountability to
Government

1. Business Registration
2. Pay Taxes
3. Abide by the Labor Code
4. Financial Disclosure
5. Follow the Environmental
Laws
6. Avoid Corruption
7. Encourage Fair Trade 18
Social Responsibility and
Accountability to Society and
Environment

1. Help the weaker and

backward section of the
society
2. To generate employment
3. To preserve and promote
social and cultural values
4. To protect the environment
to conserve natural
resources and wildlife. 19
Companies known for Social Responsibility
 Adidas is involved in the war against plastic and is
working with Parley to turn plastic waste into high-
performance sportswear. Since 2018, they’ve also
organized the Run For The Oceans events to raise
funds.
 They’re also partnered with Greenpeace for a
DETOX Campaign aimed at eliminating dangerous
chemicals from global supply chains. This involved
working with other brands to achieve the campaign
goal.
 Microsoft has CSR initiatives around improving skills and
employability, and environmental sustainability.
 Through Microsoft Philanthropies, they partner with nonprofits,
organizations, and schools to improve computer science education
and achieve greater impact through technology. They also
champion organizations that aim to improve the quality of life for
people in Washington.
 Microsoft employees also support causes in their local
communities since employee giving is a strong part of the
company’s workplace culture. Along with donations, they also
contribute volunteer time and skills to organizations. For 20
financial
and time-based contributions, Microsoft matches those made by
their employees.
Companies known for Social Responsibility
 The Walt Disney Company has donated hundreds of
millions of dollars to nonprofits. Their CSR efforts
 are focused on helping more children feel happy
and inspired.
 They’ve fulfilled wishes for over 130,000 sick
children and have also supported Girls Who Code
since 2015 and Snap the Gap (a pilot program aimed
at boosting confidence and skills for girls).
 Starbucks supports Ethos Water in a campaign that aims to
bring clean water to 1 billion people around the world. The
Ethos Water Fund is part of the Starbucks Foundation and a
percentage of the sales of bottles of Ethos Water go
towards the campaign.
 The Starbucks Foundation has been investing in local
communities for over 20 years — both in the US and
around the world. This includes a strong focus on
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organizations that help people overcome barriers and
engage in job and training opportunities.
Let’s Check Their Responsiblity

Students are pre-assign to check on the School

or the Company they are planning to go to.
Present to the class their take or responsibility
on their stakeholders in a creative manner
Rubrics

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Evaluation
via game code
1. Ask participants to open
joinmyquiz.com
2. And enter this code
1970 1050
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ASSIGNMENT
Research on ethical issues in entrepreneurship like
 basic fairness,
 personnel and customer relations
 distribution dilemmas,
 fraud,
 unfair competition,
 unfair communication,
 nonrespect of agreements,
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 environmental degradation, etc.
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sed pulvinar ultricies, purus lectus malesuada libero, sit
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 Pellentesque habitant morbi tristique senectus et netus et
malesuada fames ac turpis egestas. Proin pharetra
nonummy pede. Mauris et orci.

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 $50,000

CHART
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Category 5,625,000 48,000,000 216,000,000

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consectetuer adipiscing Category 5,625,000 48,000,000 216,000,000
elit, sed Category 1,687,500 9,600,000 21,600,000
do eiusmod tempor Category 562,500 2,400,000 10,800,000
incididunt ut labore.
Category 281,250 2,400,000 4,320,000

Category 7,593,750 52,800,000 187,920,000

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VIDEO SLIDE

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THANK
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Alexander
Martensson
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