itb chap 04
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Introduction to Business© Thomson South-Western
ChapterChapterChapterChapter
Social Responsibility of Business and Government
4-14-1 Social Responsibility
4-24-2 Government Protection Activities
4-34-3 Government Regulation and Assistance
44
Introduction to Business© Thomson South-Western
Chapter 4
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LESSON 4-1LESSON 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 3
Key Terms
social responsibility non-renewable resource ethics business ethics code of ethics
Introduction to Business© Thomson South-Western
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Slide 4
SOCIAL RESPONSIBILITY ISSUES Environmental protection Workplace diversity Job safety Employee wellness
Introduction to Business© Thomson South-Western
Chapter 4
Slide 5
>> C H E C K P O I N T
What are four areas of social responsibility that may require the attention of business?
Introduction to Business© Thomson South-Western
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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
Introduction to Business© Thomson South-Western
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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 8
>> 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 9
BUSINESS ETHICS
Code of ethics Ethical conduct guidelines
Introduction to Business© Thomson South-Western
Chapter 4
Slide 10
>> 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 11
LESSON 4-2LESSON 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
Slide 12
Key Terms
contract patent copyright trademark
Introduction to Business© Thomson South-Western
Chapter 4
Slide 13
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 14
GOVERNMENT IN SOCIETY
Levels of government Federal government State government Local government
(continued)
Introduction to Business© Thomson South-Western
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FEDERAL GOVERNMENT
Oversees the activities that involve two or more states or other countries.
Regulates foreign and interstate commerce
Introduction to Business© Thomson South-Western
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Slide 16
STATE GOVERNMENTS
Regulate business actions within their own borders
Assign some of their legislative power to local governments
Introduction to Business© Thomson South-Western
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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 18
>> 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
Introduction to Business© Thomson South-Western
Chapter 4
Slide 20
>> C H E C K P O I N T
What are the main elements of a contract?
Introduction to Business© Thomson South-Western
Chapter 4
Slide 21
PROTECTION OF INTELLECTUAL PROPERTY Patents Copyrights Trademarks
Introduction to Business© Thomson South-Western
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Slide 22
>> C H E C K P O I N T
What are three types of intellectual property?
Introduction to Business© Thomson South-Western
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Slide 23
LESSON 4-3LESSON 4-3
Government Regulation and AssistanceGoals 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 24
Key Terms
public utility monopoly antitrust laws revenue
Introduction to Business© Thomson South-Western
Chapter 4
Slide 25
REGULATORY ACTIVITIES
Regulation of utilities Prevent unfair business practices
Introduction to Business© Thomson South-Western
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Slide 26
>> C H E C K P O I N T
Why does government regulate utilities?
Introduction to Business© Thomson South-Western
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Slide 27
GOVERNMENT ASSISTS BUSINESS Government buys goods and services Government employs workers
Introduction to Business© Thomson South-Western
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Slide 28
>> C H E C K P O I N T
How does government assist business?
Introduction to Business© Thomson South-Western
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Slide 29
GOVERNMENT RAISES MONEY Taxes Borrowing
Introduction to Business© Thomson South-Western
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Slide 30
>> C H E C K P O I N T
What is the difference between tax revenue and borrowing by government?
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