Module Ni Jr

8/8/2019 Module Ni Jr

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What this Module all about?

Hello Good day! I hope you’re fine. This module is about moral

principles that applied in a business and social responsibility

inside a company. This module really helps you what are the attitudes to

possess to connect or to communicate inside the company.

What you are expected to learn?

Students who successfully complete this course will be able to:

1. Understand the value of business ethics.

2. Learn what are the principles that companies should contribute to

the society.

How to learn from this module?

In order to gain maximum benefit from this module, you have to followcarefully all the given instructions.

1. You must work through this module in sequence as the contents arepresented.2. Following shortly is a pretest. Do the test and check your answers by

comparing them with the key to answers given at the last part of thismodule. Do not look at the key to answer page unless you havecompleted answering the test.



3. After reading and understanding each lesson, you have to do thegiven activity and answer the self-check to determine whether youunderstood what you have read.

4. Posttest is provided at the end. You must answer it and should get ascore of at least 80% in order tomove on to the next module. If you get

lower, you have to go through the module again particularly on thepart wherein you have committed an error.

At this momemnt, try to answer the pretest. This will enable you to find outwhat you already know and what you still need to know about Etchical andSocial Responsibilities of Business. Good luck!

Reminder:

Be honest in answering and checking the test questions. Rememberthat you are studying by yourself, your learning totally depends on you.

PRETEST

Instruction: Multiple Choice. Select the best answer. Encircle the bestanswer.

1. This is a form of applied ethics or professional ethics?

a. Etiquette

b. Business ethics

c. Business rules

d. Business environment

2. It is a field of ethics that deals with ethical questions in many

fields such as medical, technical, legal and business ethics.

a. Applied ethics



b. Universal Ethics

c. Business ethics

d. Legal ethics

3. He opined that “People of the same trade seldom meet together,

even for merriment and diversion, but the conversation ends in a

conspiracy against the public, or in some contrivance to raise

prices”.

a. Carl Marx

b. Socrates

c. Adam Smith

d. John Rutherford

4. It is necessary in business because business can become

unethical, and there are plenty of evidences as in today on

unethical corporate practices.

a. Discussion on behavior

b. Discussion on people

c. Discussion on behavior

d. Discussion on ethics

5. It is the principle that companies should contribute to the welfare

of society and not be solely devoted to maximizing profits.

a. Social welfare

b. Business responsibility

c. Social responsibility

d. Social act



6. The Social Responsibility can be "________", meaning there is

exemption from blame or liability.

a. Negative

b. Positive

c. Loss

d. Prestige

7. The Social Responsibility can be "_________," meaning there is a

responsibility to act beneficently (proactive stance).

a. Negative

b. Positive

c. Loss

d. Prestige

8. Businesses can use ___________ to secure their businesses by

making decisions that allow for government agencies to

minimize their involvement with the corporation.

a. Business decision making

b. Ethical decision making

c. Owner decision making

d. Social decision making



Business ethics (also known as Corporate ethics) is a form of applied

ethics or professional ethics that examines

ethical principles and moral or ethical

problems that arise in a business

environment. It applies to all aspects of

business conduct and is relevant to the

conduct of individuals and business

organizations as a whole. Applied ethics is a

field of ethics that deals with ethical

questions in many fields such as medical, technical, legal and business

ethics.

Why business ethics?

Discussion on ethics in business

is necessary because business

can become unethical, and there

are plenty of evidences as in

today on unethical corporate

practices.

Even Adam Smith opined that 'People

of the same trade seldom meet

together, even for merriment and

diversion, but the conversation ends in

a conspiracy against the public, or in

some contrivance to raise prices'.



Firms and corporations operate in the

social and natural environment. By

virtue of existing in the social and

natural environment, business is duty

bound to be accountable to the

natural and social environment in

which it survives.

Irrespective of the demands and pressures

upon it, business by virtue of its existence is

bound to be ethical for at least two reasons:

one, because whatever the business doesaffects its stakeholders and two, because

every juncture of action has trajectories of

ethical as well as unethical paths wherein the

existence of the business is justified by

ethical alternatives it responsibly chooses.

One of the conditions that brought

business ethics to the forefront is the

demise of small scale, high trust and

face-to-face enterprises and emergence

of huge multinational corporate

structures capable of drastically affecting

everyday lives of the masses.



( Social Responsibility : The Term Social Responsibility refers to the idea that

companies and corporations should contribute wealth or resources solely dedicated to

the improvement of society as a whole. The principal of social responsibility dictates

that these entities should contribute at least a small amount of resources to the general

well being of humanity. These actions should not, in any way, be profit-generating)

Social responsibility is the principle that companies shouldcontribute to the welfare of society and not be solely devoted to maximizingprofits. This responsibility can be "negative", meaning there is exemption



from blame or liability, or it can be "positive," meaning there is aresponsibility to act beneficently (proactive stance).

Businesses can use ethical decision making to secure their businesses bymaking decisions that allow for government agencies to minimize their

involvement with the corporation. (Kaliski, 2001) Forinstance if a company is proactive and follows the UnitedStates Environmental Protection Agency (EPA) guidelinesfor emissions on dangerous pollutants and even goes anextra step to get involved in the community and addressthose concerns that the public might have; they would beless likely to have the EPA investigate them for

environmental concerns.

“A significant element of current thinking about privacy,however, stresses "self-regulation" rather than market orgovernment mechanisms for protecting personalinformation” (Swire , 1997) Most rules and regulations areformed due to public outcry, if there is not outcry thereoften will be limited regulation.

Critics argue that Corporate social responsibility (CSR) distracts from thefundamental economic role of businesses; others argue that it is nothingmore than superficial window-dressing; others argue that it is an attempt topre-empt the role of governments as a watchdog over powerful multinationalcorporations (Carpenter, Bauer, & Erdogan, 2009).

The class will divide into two groups. The first student in both side will the firstmessenger. He will pass the message to the next member and pass it until to thelast member of the group. The last member will go in front, act the message thenhe will say what the message is. The message will pass through action. The group

http://en.wikipedia.org/wiki/United_States_Environmental_Protection_Agency







who will use sound or mouth will be disqualified. Then, the group who will finish firstand followed the instruction will be the winner.

1. Ethics2. People3. Social Responsibility

4. Business

Write T if the statement is true and F if is false.

_____1. Social responsibility is the principle that companies should

contribute to the welfare of society and not be solely devoted to

maximizing profits.

_____2. Adam Smith opined that “People of the same trade seldom

meet together, even for merriment and diversion, but the conversation

ends in a conspiracy against the public, or in some contrivance to raiseprices”.

_____3. Discussion on people in business is necessary because businesscan become unethical, and there are plenty of evidences as in todayon unethical corporate practices.

_____4. Business ethics is also known as Sergeant ethics.

_____5. Business ethics is a form of applied ethics or professional ethicsthat examines ethical principles and moral or ethical problems that

arise in a business environment.



POST TEST

Instruction: Multiple Choice. Select the best answer. Encircle the best

answer.

1. This is a form of applied ethics or professional ethics?

e. Etiquette

f. Business ethics

g. Business rules

h. Business environment

2. It is a field of ethics that deals with ethical questions in many

fields such as medical, technical, legal and business ethics.

e. Applied ethics

f. Universal Ethics

g. Business ethics

h. Legal ethics



3. He opined that “People of the same trade seldom meet together,

even for merriment and diversion, but the conversation ends in a

conspiracy against the public, or in some contrivance to raise

prices”.

e. Carl Marx

f. Socrates

g. Adam Smith

h. John Rutherford

4. It is necessary in business because business can become

unethical, and there are plenty of evidences as in today onunethical corporate practices.

e. Discussion on behavior

f. Discussion on people

g. Discussion on behavior

h. Discussion on ethics

5. It is the principle that companies should contribute to the welfare

of society and not be solely devoted to maximizing profits.

e. Social welfare

f. Business responsibility

g. Social responsibility

h. Social act

6. The Social Responsibility can be "________", meaning there is

exemption from blame or liability.

e. Negative



f. Positive

g. Loss

h. Prestige

7. The Social Responsibility can be "_________," meaning there is a

responsibility to act beneficently (proactive stance).

e. Negative

f. Positive

g. Loss

h. Prestige

8. Businesses can use ___________ to secure their businesses by

making decisions that allow for government agencies to

minimize their involvement with the corporation.

e. Business decision making

f. Ethical decision making

g. Owner decision making

h. Social decision making



ANSWER KEY

• PRETEST AND POST TEST

1. B.

2. A.

3. C.

4. D.

5. C.

6. A.

7. B.

8. B.

• SELF-CHECK

1. T

2. T

3. F

4. F

5. T

Module Ni Jr

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