Business Ethics and Social Responsibility Module 2
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Questions and Answers

What are the core principles that students are expected to learn in this module?

  • Transparency, respect, and leadership
  • Accountability, transparency, and ethics
  • Fairness, accountability, and transparency (correct)
  • Fairness, honesty, and communication
  • Which of the following best describes the importance of learning about fairness, accountability, and transparency?

  • To develop skills in financial reporting
  • To prevent fraud and problems in work environments (correct)
  • To improve personal relationships in the workplace
  • To prepare for potential employment challenges
  • What is one expected outcome after completing this module?

  • To memorize definitions of business terms
  • To demonstrate skills in corporate finance
  • To elaborate on historical business practices
  • To classify situations based on ethical dilemmas (correct)
  • Which activity is part of the self-learning process indicated in the module?

    <p>Answering post-tests for self-assessment</p> Signup and view all the answers

    What should you do if you have difficulty answering tasks in the module?

    <p>Consult your teacher or facilitator for help</p> Signup and view all the answers

    Study Notes

    Business Ethics and Social Responsibility Module 2

    • This module covers the core principles of fairness, accountability, and transparency in business operations and stewardship.
    • Students will learn how to classify situations based on these principles.
    • Students will define and explain the core principles.
    • They will be able to demonstrate how these principles are applied in business and non-profit organizations.
    • Pre-tests are provided to assess prior knowledge, and post-tests are used for self-assessment.
    • Notes to the teacher and parents are included for strategies on home-based learning support.
    • Students are encouraged to use separate paper for exercises and tests.

    What I Need to Know

    • ABM students need to understand how fraud and problems can be prevented in workplaces.
    • Key concepts like fairness, accountability, and transparency are crucial for future professional success.
    • Students expected to classify situations and recognize how these principles are applied.
    • Students should be able to explain these principles and give examples in business and non-profit contexts. 

    What I Know

    • Multiple Choice: Questions focus on defining fairness, accountability, transparency, and efficiency.
    • True/False: Assess understanding and application of fairness, accountability, and transparency in different situations.

    Lesson 1

    • The lesson explores the core principles (fairness, accountability, and transparency) in business operations and stewardship.
    • Activities involve reflection on employee performance in OJT settings, focusing on fairness, accountability, and transparency in work processes.

    What's New

    • Activity 1: A scenario of a dishonest accountant is presented to analyze ethical dilemmas and decision-making.
    • Activity 2: Students answer questions about experiences with unfair situations, lost opportunities, or borrowed property.

    What's More

    • Classification Activity: Students categorize business situations based on their demonstration of fairness, accountability, or transparency.
    • Examples from a fictional company illustrating each concept are provided.

    What I Have Learned

    • Students are required to explain how to show fairness, accountability, and transparency in a paragraph form.

    What I Can Do

    • Students envision a non-profit organization and outline plans for fairness to both members and beneficiaries, accountability for office property and financial transactions, and transparency in overall operations during a pandemic.

    Assessment

    • Matching: Match terms in a list with their definitions/descriptions.
    • Fill-in-the-blank: Complete basic concepts of principles related to fairness, accountability, and transparency.
    • True/False: Determine the correctness of statements related to these guiding principles.
    • Application exercises and further activities are included.

    Additional Activities

    • Students reflect on their on-the-job training experiences, looking for instances of fairness, accountability, and transparency in action.

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    Description

    This quiz focuses on Module 2 of Business Ethics and Social Responsibility. Students will learn about the principles of fairness, accountability, and transparency in business operations. They will engage in classifying situations and applying these principles to real-world scenarios, essential for their future careers.

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