SH Bus - Ethics q4 m8 Casilla
SH Bus - Ethics q4 m8 Casilla
SH Bus - Ethics q4 m8 Casilla
BUSINESS ETHICS
Module 8
Business Ethics
Grade 12: Module 8
First Edition, 2021
Copyright © 2021
La Union Schools Division
Region I
Management Team:
This module will provide you with information and activities that will help
you understand the responsibilities or duties of entrepreneurs as well as their
accountabilities or liabilities.
Before going on, check how much you know about this topic. Answer the
pretest on the next page in a separate sheet of paper.
Jumpstart
Activity 1: Entrepreneur Mind Map
Direction: What do you think of an entrepreneur? What do you think are the
characteristics of an entrepreneur? Make a mind map of your ideas. Do it in your
answer sheet.
Entrepreneur
c. creditors
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Rubric:
5 4 3 2 1
All the ideas Most of the Some ideas The ideas can’t No clear idea.
were very ideas were were clear. be understood. None of the
clear. clear Some A small information
All Most information amount of the provided is
information information provided is information is accurate.
provided is provided is accurate. accurate.
accurate. accurate.
Enrichment Activity 1 Modified True or False
Directions: Write T if the statement is TRUE. If the statement is FALSE,
copy the word or phrase that makes the statement incorrect, then make
the statement or sentence true by writing the correct word or phrase.
Directions: Read each statement carefully. Write the letter of the correct
answer in your answer sheet.
_____ 1. Which of the following is a responsibility of an entrepreneur to its
employee?
A. Abide by Labor Laws B. Contribute to Political Stability
C. Give Correct Information D. Respect Human Rights
_____ 2. Which is NOT a responsibility of an entrepreneur to a creditor?
A. Give Correct Information B. Provide Fair Return on Investment
C. Strengthen Share Prices D. Service Even After Sales
_____ 3. What are the responsibilities and accountabilities of an entrepreneur to the
government?
I. Avoid Corruption
II. Help Earn Foreign Exchange
III. Pay Taxes
IV. Provide Fair Return on Investment
A. I and II B. II and III C. I, II, and III D. I, II, III, and IV
_____ 4. What are the responsibilities and accountabilities of an entrepreneur to the
creditors?
I. Avoid Restrictive Trade Practices
II. Contribute to Government Treasury
III. Give Correct Information
IV. Strengthen Share Prices
A. I and II B. II and III C. III and IV D. I and IV
_____ 5. Which is INCORRECT about the responsibilities and accountabilities of an
entrepreneur to its employee?
A. Train employees in safety procedures to minimize the risk of injury.
B. Provide a healthy working environment, which respects each person and
their opinion is considered.
C. Ensure that all staff is trained and aware of their obligations under anti-
discrimination laws.
D. Offer wholehearted support and co-operation to the company to protect
their own interests.
_____ 6. Which is TRUE about the responsibilities and accountabilities of an
entrepreneur to the government?
A. Maintain a safe working environment
B. comply with all legal requirements
C. Implements and enforces a code of conduct that fosters respect for human
rights
D. Responsible for making timely payments according to the agreed terms
and conditions of the trade.
Cortez, F. (2016). Business ethics and social responsibility. Quezon City, Philippines: Vibal Group,
Inc.
Orjalo, V. & Frias S. (2016). Business ethics and social responsibility: principles, policies, programs,
and practices. Quezon City, Philippines: The Phoenix Publishing House, Inc.
Racelis, Aliza (2017). Business Ethics and Social Responsibility, Samploc, Manila, Philippines: Rex
Bookstore, Inc.
Answer Key
Jumpstart
Activity 1: Entrepreneur Mind Map -Answers vary
Explore
Assessment 1 -Answers vary
Enrichment Activity 1
1. T
2. F
3. T
4. F
5. F
6. F
7. T
8. T
9. T
10. T
Deepen
Answers vary
Gauge
1. D
2. D
3. D
4. C
5. D
6. B
7. D
8. A
9. C
10. D