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CORAZON C.

AQUINO HIGH
SCHOOL

GOOD AFTERNOON
TITUS!!!

LET'S LEARN!
RESPONSIBILITIES
AND
ACCOUNTABILITIES
OF EMPLOYEES,
TO ENTREPRENEURS
GOVERNMENT,
CREDITORS AND
Reporters:
SUPPLIERS CUARESMA, BEA
B.
ALIOSADA, MARIA
CHRISTINE CUARESMA,
FEMELYN
RESPONSIBILIT
Y
>Refers to the duty or obligation to
satisfactorily perform or complete a task
(assigned by someone, or created by one’s own
circumstances) that one must fulfill, and which
has a consequent penalty for failure.
ACCOUNTABILIT
>The obligation to demonstrate that work has
Y
been conducted in compliance with agreed rules
and standards.

>To report fairly and accurately on performance


results vis-à-vis mandated roles and/or plans.
Accountability? PLAY MUNA
OR TAYO PARA 'DI
Responsibility? KA ANTUKIN
BES!
DIRECTION: REPORTERS WILL SHOW
SOME PICTURES AND CLASS SHOULD
DETERMINE THE PICTURES IF IT IS A
RESPONSIBILITY OR ACCOUNTABILITY
THEN EXPLAIN WHY AS YOU ARE
PICKED
note: INhindi
Ang WHEEL OF NAMES! sa
makikiparticipate
report namin ay mamalasin habang buhay
thank you. :)
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Accountability
RESPONSIBILITIES
AND
ACCOUNTABILITIES
OF ENTREPRENEURS
TO
EMPLOYEES,
GOVERNMENT,
ENTREPRENEUR
-is the one who organizes,
manages and assumes the
risk of an enterprise.
-Entrepreneur should be
aware of the ethics and
social standard follow
them.
A. Employee
Employees are the true assets of an
organization.
They are the ones who contribute
effectively towards the success of every
business.
In return entrepreneur has responsibilities
and accountabilities to fulfill for the
safety and welfare of their employees.
RESPONSIBILITIES &
ACCOUNTABILITIES
OF AN
ENTREPRENEUR TO
HIS/HER
1. Pay Wages/Salaries and
T a xEntrepreneurs
es have the responsibility to pay
their employees of their business at least the
minimum hourly wage in their locality.
Wages/salaries should always be on time and
without delay so as the employees can meet their
individual obligations thus, motivates them to stay
and do well in the business.
2. A s s i g n m e n t o f Right
J o b s
Taking into consideration the technical and
the educational background of the
employees in assigning them to the job
where they are good at or aligned with
their skills and abilities. Mismatching
of jobs with employee’s qualification
is discouraged.
3 . Create and Maintain
a n Er go n o mi c
Entrepreneurs must
Workplace also make employees
aware of areas in their business that have a
high risk for injury and train their employees in
safety procedures to minimize the risk of injury.
Working environment that are properly ventilated
and illuminated improve employee’s performance,
their health and well-being.
4 . Facilitate
Employees’
When Cinjuries occur through
ompensation Insurance no fault of their
employees, it’s their responsibility to file a claim
with their employees’ insurance provider.
Businesses must treat their injured
employee with respect and file the claim
without attempting to cause a delay in
processing or attempt to deter the worker
from filing a claim at all.
5. S u p p o r t Career Development
Career development is providing support and
encouragement for employees to enhance their
skills and capabilities as an employee.
Provide a human resources development
system that supports the careers of employees, a
self-development support program, and transfer
opportunities for willing employees.
6. T r a i n and Educate
Employee development
E m p l oy e e s is essential for
business success, and should be supported
through professional and personal
development.
Entrepreneurs should provide equal
opportunities for employees to acquire
knowledge and skills, such as education,
training, promotions, transfers and participation
in management.
7 . En force An ti-
Dis Employees
crim in ationLaw
cannot be discriminated against
for any reasons, and any issues with guests
or colleagues from overseas may require
involvement from embassies, government
agencies, cultural groups, or diplomatic
services to resolve them.
8 . Res pect Hum an
Righ ts
Business operations are
interconnected with people
and societies, and must
adhere to a code of conduct
that promotes respect for human
rights.
9.Give Rewards and
Benefits Reward
The Labor Code of the Philippines
mandates
that entrepreneurs should pay fringe benefits such as
PhilHealth, Social Security, PAG-IBIG, taxes out of
employees' wages/salaries for each employee working
in their business. Recognizing employees for
accomplishments can motivate many employees to
stay and do well in the business.
10. Give S ecurity of
EmThe
ploym en t
entrepreneur should provide
employment security to employees of
his organization to ensure they work with
full interest, dedication, and commitment,
creating a sense of satisfaction and trust in
the employer.
A. RESPONSIBILITIES OF AN ENTREPRENEURS TO
HIS/HER
EMPLOYEES:
• Pay wages/salaries and taxes
• Assignment of right jobs
• Create and maintain an ergonomic workplace
• Facilitate employees’ compensation insurance
• Support career development
• Train and educate employees
• Enforce anti-discrimination law
• Respect human rights
• Give rewards and Benefits
• Give security of employment
B. Gove rn ment
The government has a
responsibility to ensure a balanced
and rapid economic development
of the country through the roles of
entrepreneurs towards the government,
professional institutes, and other
business institutions.
RESPONSIBILITIES
&
ACCOUNTABILITIES
OF ENTREPRENEURS
TO THE
1. Com plian ce of
Govern m en t Rules
The government should
enforce rules and
regulations to ensure the
business determination and
production of businesses.
2 . Paym en t of
Government
T axes imposes various types of
taxes, like income taxes, sales tax,
excise tax, tariff duties and
wealth tax on the entrepreneur
and business, for raising financial
resources. Entrepreneurs should
honestly pay these taxes.
3 . Not to Correct
Govern
The m en t Mach in ery
The government appoints
government officers to implement its
policies, but may not give up on social
responsibility if they receive wrong
favors or Anti-Social purposes.
4 . Not to S eek
Patron age
Political b y Un fair Mean s
The responsibility of the entrepreneurs is that
they do not seek political patronage by
providing undue economic help to any
political party or politicians during elections.
By giving anti-social activities with political
patronage hits the democratic values.
5 . Cooperate with
for Econ om
Govern m en t ic Developm en t
The government targets the
balanced and rapid economic
development of the country,
and
provides guidance on proper utilization
of available resources to ensure its
B. RESPONSIBILITIES OF AN ENTREPRENEURS TO
THE GOVERNMENT:
• Compliance of government rules
• Payment of Taxes
• Not to correct the government machinery
•Not to seek political patronage by unfair
means
•Cooperate with government for economic
development
C. Creditors
Creditor is an entity (person or
institution) that extends credit
by giving another entity
permission to borrow money
intended to be repaid in the
future.
C. Creditors
For their completion, capital is
the foremost requirement,
which is fulfilled through loans
from the individuals,
Financial
Institutions
and
RESPONSIBILITIES
&
ACCOUNTABILITIES
OF ENTREPRENEUR
TOWARDS
1. Ob tain Loan s on
Conditions
Reas on ab le
Some certain conditions are required
to be fulfilled to obtain any type of
loan. These conditions should be
reasonable, both for the creditors and
the business organization.
2 . Follow Mortgage
Rules
The creditors provide loans in secured
and unsecured forms. If the creditor
has provided the secured loan on the
mortgaged property, the entrepreneur
should follow the rules of mortgaged
property.
3 . Follow Bus in es s
Eth
Both icsthe entrepreneurs and
creditors should the
business follow ethicsproviding
loans and ininrepayment of loans.
The loan procedures should be honestly
complied with.
4 . Proper Utiliz ation of
Deb t Capital
Loan capital should only be used
for the desired objectives and not
for unproductive activities, and
should be invested for objectives and
projects specified for the loans.
5 . Regular Paym en t
Inof
s tallm en t an d In teres t
Entrepreneurs should pay loan
installments and interest regularly to
avoid increasing loan burden and
having an adverse effect on the
reputation of the business
organization.
C. RESPONSIBILITIES OF AN ENTREPRENEURS TO
THEI CREDITORS:
• Obtain loans on reasonable conditions
• Follow mortgage rules
• Follow business ethics
• Proper utilization of debt capital
•Regular Payment of Instalment and
Interest
D. S u p p l i e r s
Services of the suppliers are
important for any business
because they supply raw
materials, machinery, labor,
and other materials. Without
them, the smooth operation
of the business is quite difficult.
1. Pay Fair Prices of Goods at
a Reas on ab le T im e
Entrepreneurs should pay reasonable prices for raw
materials purchased from suppliers, as farmers often
provide cotton, sugarcane, and jute for
various industries. useHowever,
in Industrialists
pay low prices for these commodities. It
responsibility of entrepreneurs tois pay the
suppliers in order to avoid financial difficulties the
and carry out their operations efficiently.
2 . In form ab out Ch an ges
in Market
Entrepreneurs must provide regular
information to suppliers about changes in
the demand of commodities in domestic
or foreign markets, enabling them to make
changes in their manufacturing projects
according to the requirements.
3 . Give Guaran tee of
Min im um Price
Entrepreneurs should give
guarantee of minimum the prices to the
suppliers so that they may feel assured
about the certainty of the price and may
continue to maintain their will power.
4 . Provide T ech n ical
Advice
Entrepreneur has the responsibility to
provide technical assistance to the
suppliers for the production of a new
and substitute or replaces
supplies/commodities.
5 . In form S uppliers of
Future Developments
Entrepreneur should provide
information about
development to future
suppliers to help
them become capable of increasing
their resources to meet future demand.
6 . Prom ote Health y
Com petition
Entrepreneurs should not encourage unhealthily
and hostile competitions among suppliers for the
sake of obtaining goods from them at the
minimum price, but instead should encourage
healthy competition and provide encouragement
to individual suppliers and institutional suppliers.
D. RESPONSIBILITIES AND ACCOUNTABILITIES OF
AN ENTREPRENEUR TO THEIR SUPPLIERS:

• Pay fair prices of goods at a reasonable time


• Inform about changes in market
• Give guarantee of minimum price
• Provide technical advice
• Inform suppliers of future developments
• Promote healthy competition
SUSUBUKIN NATIN
ANG PASENSYA MO
G O T IT DIRECTIONS: Got it game is like telepathy
BES!
challenge, you have to predict what your
G A M E! partner will say. Participation can be voluntary
or if no one participants, the reporters will
choose among the class. Only the words that
may be mentioned are related to the ABM
strand, tagalog only for a twist. The partner
will only say a word when the reporter says go
and only have 2 minutes to match the word to
say. The fastest to guess the same word is
the winner.

Note: DO NOT REPEAT WORDS THAT HAVE


ALREADY BEEN SAID.
CORAZON C. AQUINO
HIGHSCHOOL

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YOU
REVIEW WELL GUYS!!!
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