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Introduction to Business Chap 04 edited oct 2012
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Introduction to Business © Thomson South-Western Chapter Social Responsibility of Business and Government 4-1 Social Responsibility 4-2 Government Protection Activities 4-3 Government Regulation and Assistance 4
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Transcript of Introduction to Business Chap 04 edited oct 2012
Introduction to Business © Thomson South-Western
Chapter
Social Responsibility of
Business and Government
4-1 Social Responsibility
4-2 Government Protection Activities
4-3 Government Regulation and
Assistance
4
Introduction to Business © Thomson South-Western
MEDIA
TOMS – WORLD SIGHT DAY
TOMS – ONE FOR ONE CAMPAIGN
TOMS – THANK YOU
MCDONALDS – Social Responsibility
Chapter 4
Slide 2
Introduction to Business © Thomson South-Western
Chapter 4
Slide 3
LESSON 4-1
Social Responsibility
Goals
Describe social responsibility issues.
Identify benefits and costs of social
responsibility.
Explain the purpose of a code of ethics.
Introduction to Business © Thomson South-Western
Chapter 4
Slide 4
SOCIAL RESPONSIBILITY
ISSUES
Environmental protection
Workplace diversity
Job safety
Employee wellness
Introduction to Business © Thomson South-Western
Environment Protection Conversation: saving scarce natural
resources - i.e. reforestation
Non-renewable resources: natural resource
that can’t be replaced (ex. Gas-oil-minerals-
copper-iron ore
Pollution: By products human actions – Gov’t
regulated by the EPA
EPA is Environmental Protection Agency
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Workplace Diversity Workforce of the business should reflect
groups in the community
Removal employment barriers women
Employers not allowed to exclude women
applicants from physically demanding job
ADA – American’s with Disability Act –
accommodates workers with physical
challenges.
Chapter 4
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Workplace Diversity cont’d
Age Discrimination Act: prohibits bias
for employment decisions – hiring,
promotions, or termination – 40 and
older.
Chapter 4
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Introduction to Business © Thomson South-Western
Job Safety Free from risks that could cause accidents
Workers know how to expect and manage
the unexpected
Employee training how to work
safely/emergency
OSHA Occupational Safety and Health
Administration
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Introduction to Business © Thomson South-Western
Employee Wellness
Healthy workforce is a productive
workforce
Good physical health are valuable
assets
Ex: Stop smoking seminars,
counseling, weight loss sessions
“Conditions of work” contract
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Slide 9
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Chapter 4
Slide 10
>> C H E C K P O I N T
What are four areas of social
responsibility that may require the
attention of business?
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Chapter 4
Slide 11
SOCIAL RESPONSIBILITY
EVALUATION
Benefits
Expanded justice for groups of a society
Enhanced company image
Reduced need for government actions
Improved quality of life in a community and
around the world
Increased awareness of social issues
among workers, consumers, and others
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Chapter 4
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SOCIAL RESPONSIBILITY
EVALUATION
Costs
New nonpolluting or safer equipment
Building repairs to remove risks
Wellness and rehabilitation programs
Social projects sponsored by a company
(continued)
Introduction to Business © Thomson South-Western
Chapter 4
Slide 13
>> C H E C K P O I N T
What are the main benefits of social
responsibility?
Introduction to Business © Thomson South-Western
Chapter 4
Slide 14
BUSINESS ETHICS Ethics are principles of morality or rules of conduct.
**Rules about how businesses and employees ought
to behave
Code of Ethics: help business identify proper
employee-behavior. It is a set of rules – guides
actions of employees and members of organization.
Conflict of interest: action by a company or
individual results in an unfair-benefit (ex. Board
member)
There are also professional Codes of Conduct
Introduction to Business © Thomson South-Western
Chapter 4
Slide 15
>> C H E C K P O I N T
What is the purpose of a code of ethics?
Introduction to Business © Thomson South-Western
Chapter 4
Slide 16
LESSON 4-2
Government Protection
Activities
Goals
Identify the roles and levels of
government.
Explain government protection
activities.
Describe types of intellectual property.
Introduction to Business © Thomson South-Western
Chapter 4
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GOVERNMENT IN SOCIETY
Roles of government
Providing services for members of society
Protecting citizens, consumers, businesses, and
workers
Regulating utilities and promoting competition
Providing information and support to businesses
Buying goods and services
Hiring public employees
Raising revenue
(continued)
Introduction to Business © Thomson South-Western
Chapter 4
Slide 18
GOVERNMENT IN SOCIETY
Levels of government
Federal government
State government
Local government
(continued)
Introduction to Business © Thomson South-Western
Chapter 4
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FEDERAL GOVERNMENT
Oversees the activities that involve two
or more states or other countries.
Regulates foreign and interstate
commerce
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Chapter 4
Slide 20
STATE GOVERNMENTS
Regulate business actions within their
own borders
Assign some of their legislative power
to local governments
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Chapter 4
Slide 21
LOCAL GOVERNMENTS
Include county boards and city or town
councils
Provide services needed for an orderly
society, such as police and fire
protection
Introduction to Business © Thomson South-Western
Chapter 4
Slide 22
>> C H E C K P O I N T
What are the three levels of government?
Introduction to Business © Thomson South-Western
Chapter 4
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GOVERNMENT
PROTECTION ACTIVITIES
Worker protection
Contract enforcement
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Chapter 4
Slide 24
>> C H E C K P O I N T
What are the main elements of a
contract?
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Chapter 4
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PROTECTION OF
INTELLECTUAL PROPERTY
Patents
Copyrights
Trademarks
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Chapter 4
Slide 26
>> C H E C K P O I N T
What are three types of intellectual
property?
Introduction to Business © Thomson South-Western
Chapter 4
Slide 27
LESSON 4-3
Government Regulation
and Assistance
Goals
Explain actions by government to
regulate business.
Discuss efforts of government to assist
businesses.
Identify methods used by government
to raise money.
Introduction to Business © Thomson South-Western
Chapter 4
Slide 28
Key Terms
public utility
monopoly
antitrust laws
revenue
Introduction to Business © Thomson South-Western
Chapter 4
Slide 29
REGULATORY ACTIVITIES
Regulation of utilities
Prevent unfair business practices
Introduction to Business © Thomson South-Western
Chapter 4
Slide 30
>> C H E C K P O I N T
Why does government regulate utilities?
Introduction to Business © Thomson South-Western
Chapter 4
Slide 31
GOVERNMENT ASSISTS
BUSINESS
Government buys goods and services
Government employs workers
Introduction to Business © Thomson South-Western
Chapter 4
Slide 32
>> C H E C K P O I N T
How does government assist business?
Introduction to Business © Thomson South-Western
Chapter 4
Slide 33
GOVERNMENT RAISES
MONEY
Taxes
Borrowing
Introduction to Business © Thomson South-Western
Chapter 4
Slide 34
>> C H E C K P O I N T
What is the difference between tax
revenue and borrowing by government?
