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22, , Business Ethics and, Social Responsibility, Definition and Types of Social, Responsibility, , SENIOR, HIGH, SCHOOL, Module, , 7, Quarter 4, , Business Ethics and Social Responsibility
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Business Ethics and Social Responsibility- Grade 12, Quarter 4 – Module 7: Definition and Types of Social Responsibility, First Edition, 2020, Republic Act 8293, Section 176 states that no copyright shall subsist in any, work of the Government of the Philippines. However, prior approval of the, government agency or office wherein the work is created shall be necessary for the, exploitation of such work for a profit. Such agency or office may, among other things,, impose as a condition the payment of royalties., Borrowed materials (i.e., songs, stories, poems, pictures, photos, brand, names, trademarks, etc.) included in this module are owned by their respective, copyright holders. Every effort has been exerted to locate and seek permission to use, these materials from their respective copyright owners. The publisher and authors, do not represent nor claim ownership over them., Published by the Department of Education - Schools Division of Pasig City, Development Team of the Self-Learning Module, Writer: Eunice H. Mariposque, Editor: Content/Language : Hedelita B. Calonia/ Edna D. Camarao, Reviewers: Content/Language : Hedelita B. Calonia, Dennis T. Alex / Aillen G., Sumagaysay, Edna D. Camarao, Illustrator: Name, Layout Artist: Name, Management Team:, , Ma. Evalou Concepcion A. Agustin, OIC-Schools Division Superintendent, Carolina T. Rivera, EdD, Nb,OIC-Assistant Schools Division Superintendent, Victor M. Javeña EdD, Chief, School Governance and Operations Division and, Manuel A. Laguerta EdD, Chief, Curriculum Implementation Division, , Education Program Supervisors, Librada L. Agon EdD (EPP/TLE/TVL/TVE), Liza A. Alvarez (Science/STEM/SSP), Bernard R. Balitao (AP/HUMSS), Joselito E. Calios (English/SPFL/GAS), Norlyn D. Conde EdD (MAPEH/SPA/SPS/HOPE/A&D/Sports), Wilma Q. Del Rosario (LRMS/ADM), Ma. Teresita E. Herrera EdD (Filipino/GAS/Piling Larang), Perlita M. Ignacio PhD (EsP), Dulce O. Santos PhD (Kindergarten/MTB-MLE), Teresita P. Tagulao EdD (Mathematics/ABM), , Printed in the Philippines by Department of Education – Schools Division of, Pasig City
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Business Ethics, and Social, Responsibility, Definition and Types of Social, Responsibility, , SENIOR, HIGH, SCHOOL, , Module, , 7, Quarter 4
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Introductory Message, For the Facilitator:, Welcome to the Senior High School – Definition and Types of Social, Responsibility, This Self-Learning Module was collaboratively designed, developed, and, reviewed by educators from the Schools Division Office of Pasig City headed by its, Officer-in-Charge Schools Division Superintendent, Ma. Evalou Concepcion A., Agustin, in partnership with the City Government of Pasig through its mayor,, Honorable Victor Ma. Regis N. Sotto. The writers utilized the standards set by the K, to 12 Curriculum using the Most Essential Learning Competencies (MELC) in, developing this instructional resource., This learning material hopes to engage the learners in guided and independent, learning activities at their own pace and time. Further, this also aims to help learners, acquire the needed 21st-century skills especially the 5 Cs, namely: Communication,, Collaboration, Creativity, Critical Thinking, and Character while taking into, consideration their needs and circumstances., In addition to the material in the main text, you will also see this box in the, body of the module:, , Notes to the Teacher, This contains helpful tips or strategies that, will help you in guiding the learners., , As a facilitator, you are expected to orient the learners on how to use this, module. You also need to keep track of the learners' progress while allowing them to, manage their learning. Moreover, you are expected to encourage and assist the, learners as they do the tasks included in the module.
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For the Learner:, Welcome to the Business Ethics and Social Responsibility Self-Learning, Module on Responsibilities and Accountabilities of Entrepreneurs., This module was designed to provide you with fun and meaningful, opportunities for guided and independent learning at your own pace and time. You, will be enabled to process the contents of the learning material while being an active, learner., This module has the following parts and corresponding icons:, , Expectations - This points to the set of knowledge and skills, that you will learn after completing the module., Pretest - This measures your prior knowledge about the lesson, at hand., Recap - This part of the module provides a review of concepts, and skills that you already know about a previous lesson., , Lesson - This section discusses the topic in the module., , Activities - This is a set of activities that you need to perform., , Wrap-Up - This section, application of the lesson., , summarizes, , the, , concepts, , and, , Valuing - This part integrates a desirable moral value in the, lesson., Posttest - This measures how much you have learned from the, entire module.
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EXPECTATIONS, At the end of this module, you are expected to:, 1. define what is corporate social responsibility;, 2. appreciate the benefits of social responsibility by relating it to real-life, situations; and, 3. give an example of businesses that demonstrate corporate social, responsibility under each category., , PRETEST, Tell whether the statement is TRUE or FALSE., 1. Social responsibility is the commitment of a corporation to fulfill its, economic, legal, ethical, and philanthropic responsibilities to its, stakeholders., 2. Companies should only look after the interest of the firm., 3. One of the benefits of corporate social responsibility is it increases, customer loyalty., 4. Philanthropic responsibility aims to make society a better world., 5. Environmental responsibility behaves in an economically friendly way., , RECAP, Let us recall. In one to two sentences, define the following:, 1. Self- Regulating Problem Solvers, 2. Theorist Problem Solvers, 3. Petitioner Problem Solvers
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LESSON, What is Social Responsibility?, Social responsibility is a company’s gesture of concern and commitment to, fulfill the economic, legal, ethical, and philanthropic responsibilities to its, stakeholders towards society’s sustainability and development., Companies should not only look after their interest but must recognize that, they belong to a community that is expected to reciprocate responsible participation., Why does a company need to demonstrate social responsibility? What benefits, can it get from demonstrating?, , BENEFITS OF CORPORATE SOCIAL RESPONSIBILITY, 1. It increases employee satisfaction- the way a firm treats its community is a, reflection of how it treats its employees. Employees feel a sense of, belongingness in the community if they were allowed to be part of society, works as volunteers. Through this, employees feel that they are connected, with their surroundings. Because of that, they may feel proud of their work, and will become more motivated because of these personal development, opportunities. They will be high- engaged in the organization and will be as, products which may lead to business profitability. There is also a greater, chance that employees will take care of the organization., 2. Improve public image- Being involve in society and demonstrate corporate, social responsibility is a great opportunity for a company to be known and, exposed in the public, and more than that, be praised by the people in the, community. It will gain good points for doing good deeds to the society. When, this happens, people will feel good whenever they buy products from a, company that gives back to the community because it is as if consumers are, also helping their community., 3. Increase customer loyalty- people are more loyal to a brand whose company, demonstrates corporate social responsibility. According to research, people, prefer to buy a product that is pro-social and with ethical business standards., 4. Increase creativity – If employees are involved in social responsibility, they, will find ways to help more people by being creative and innovative as part of, their contribution to the company and society., 5. Ease of access to funding- many investors nowadays are more willing to, support firms that practice corporate social responsibility. There is also a big, possibility that these investors will become more loyal as investors are, concerned about ethics, company reputation, and corporate social, responsibility.
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CATEGORIES OF SOCIAL RESPONSIBILITY, 1. Environmental Responsibility – It also commonly refer as “environmental, stewardship” as it behaves in an environmentally friendly way. It can be, done by reducing pollution, recycling or reusing materials, proper water, consumption, and general waste. It can also be in a form of planting trees,, funding research about the environment, and donating to communities, related to environmental catastrophes and other causes., , 2. Ethical Responsibility - it ensures that the operation of the company is, fair and ethical in manner. It should have fair treatment to its stakeholders, including investors, suppliers, customers, employees, and others. One, example of ethical responsibility is providing fair labor practices and, disallowing child labor., 3. Philanthropic responsibility- this aims to make the world a better place, to live in. Some companies donate a portion of their earnings to a nonprofit, organization, that may or may not be related to their business, as part of, their philanthropic responsibility. Common projects and programs, supported by these firms are educational programs, health programs,, community beautification, and the likes., 4. Economic responsibility - it involves the improvement of the firm’s, operation to participate in maintainable practices like using new, technology or process to minimize wastage., , ACTIVITIES, Give three companies that demonstrate CSR under each category., Environmental Responsibility, 1., 2., 3., Philanthropic Responsibility, 1., 2., 3., , Ethical Responsibility, 1., 2., 3., Economic Responsibility, 1., 2., 3.
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WRAP-UP, Let us answer the following questions:, 1. What is social responsibility?, 2. What are the benefits a company can get in demonstrating CSR?, 3. What are the different categories of social responsibility?, , VALUING, Search at least two articles or news about businesses demonstrating corporate social, responsibility and discuss how CSR benefits them., 1. ___________________________________________________________________________, ___________________________________________________________________________, __________________________________________________________________________., 2. ___________________________________________________________________________, ___________________________________________________________________________, __________________________________________________________________________., , POSTTEST, Direction: Identify the word describing in the following., 1. It is the gesture of a company to fulfill its responsibility towards, society’s sustainability and development., 2. It is one category of corporate social responsibility that behaves in, an environmentally friendly way., 3. Social responsibility of a company to make the world a better place, by supporting educational programs, health programs, and the, likes., 4. It is one responsibility of a company that ensures the operation of, the company is fair and ethical in manner., 5. It involves the improvement of the firm’s operation to participate in, maintainable practices like using new technology or process to, minimize wastage.
