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6200/6600 Principles of Business and Finance Summer 2010 Page 169 Name ____________________ Class __________ Date __________ Socially Responsible Practices of Businesses Organizer Directions: Provide responses for the listed items. Common Social-responsible Practices of Businesses Describe how businesses may address the listed social responsibilities. Provide examples of laws, organizations, or activities for each one. Be sure to identify the examples as a law, an organization, an activity or other appropriate label. Environmental protection Example Workplace diversity Example Job safety Example Employee wellness Example Evaluation of a Business Being Socially Responsible List at least three benefits of socially responsible actions. How should the need of businesses earning a profit impact their decisions to be socially responsible? What is the purpose of business ethics? _____________________________________ ______________________________________________________________________ What are the three business ethics guidelines for carrying out social responsible actions? ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________

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6200/6600 Principles of Business and Finance Summer 2010 Page 169

Name ____________________ Class __________ Date __________

Socially Responsible Practices of Businesses OrganizerDirections: Provide responses for the listed items.

Common Social-responsible Practices of Businesses

Describe how businesses may address the listed social responsibilities. Provide examples of laws, organizations, or activities for each one. Be sure to identify the examples as a law, an organization, an activity or other appropriate label.Environmental protection

Example

Workplace diversity

Example

Job safety

Example

Employee wellness

Example

Evaluation of a Business Being Socially Responsible

List at least three benefits of socially responsible actions.

How should the need of businesses earning a profit impact their decisions to be socially responsible?

What is the purpose of business ethics? ___________________________________________________________________________________________________________What are the three business ethics guidelines for carrying out social responsible actions?__________________________________________________________________________________________________________________________________________________________________________________________________________________

6200/6600 Principles of Business and Finance Summer 2010 Page 170

Name ____________________ Class __________ Date __________

Socially Responsible ActivityDirections: Using the three business ethic guidelines, make a decision as a group about the provided scenarios. Be prepared to share responses.

Scenario 1You are the payroll clerk for a department store. You are asked by a friend to look up the personal information of another employee to see their income and marital status. What should you do?

Scenario 2You are a manager for an office supply company. Your son needs supplies for a science project due by the end of the week. It will be another week before you get paid. What should you do?

Scenario 3You need an area to dispose of material and chemical waste from the tire production plant you own. You purchased land near the plant to dump the waste from the plant. The nearby river runs closer to your dumping area than allowed by regulations. The EPA rarely comes to your area. What should you do?

Scenario 4You are a supervisor at a local recreational gymnasium. Regulations allow for a maximum 100 occupants in the gymnasium. The charge is $5 per person to use the gymnasium. Since the owner wants to make more in profits, he sometimes goes overthe occupancy regulation. What should you do?

6200/6600 Principles of Business and Finance Summer 2010 Page 171

Name ____________________ Class __________ Date __________

Government Protection OrganizerDirections: Provide responses for the listed items.

Services Provided by the Government During Business Transactions

How may workers beprotected in their work environments by the government?

What is a contract?

What are the elements of a contract?

How does the government protect businesses and consumers involved in a contract?

What are some examples of contracts?

Describe the types of intellectual properties that are protected and examples of each.

6200/6600 Principles of Business and Finance Summer 2010 Page 172

Name ____________________ Class __________ Date __________

Activity: How is Intellectual Property Protected? Directions: Match the item in the left-hand column with the intellectual property protection.

Forms of protection: copyright patent trademark

3M ergonomic mouse

Artist’s water paintings

Broadway Play

Corning’s pink panther

CTSO logo

Dance troop’s choreographed routine

Lenox China collectibles

McDonalds’s slogan

MSN’s butterfly

Musician’s song

Salem Baking Company tin cans

Segway human transporter

6200/6600 Principles of Business and Finance Summer 2010 Page 174

Name_________________________ Class ________________ Date _________

Consumer Rights OrganizerDirections: Prior to reading or viewing the PowerPoint presentation about consumer rights, provide information you already know about consumer rights in the middle column of the table. After reading or viewing the PowerPointpresentation, provide information you learned in the right-hand column of the table.

Consumer Bill of Rights

Purpose

Rights What I know What I learned

To be informed

To safety

To choose

To be heard

To a remedy

6200/6600 Principles of Business and Finance Summer 2010 Page 175

Consumer Rights Organizer Continued

To consumer education

To service

What is a guarantee?__________________________________________________________________________________________________________________________________________________________________________________________________

What is the difference between an express and an implied warranty?express warranty implied warranty

Use the information from the table middle and right-hand columns to provide statements that represent your knowledge and what you learned about consumer rights. These statements should be an overview of consumer rights.__________________________________________________________________________________________________________________________________________________________________________________________________ __________________________________________________________________________________________________________________________________________________________________________________________________

Why should businesses practice fair trade with customers?__________________________________________________________________________________________________________________________________________________________________________________________________

6200/6600 Principles of Business and Finance Summer 2010 Page 176

Name_________________________ Class ______________ Date _________

Exemplifying Consumer Rights ActivityDirections: Read product labels and service descriptions, then determine which consumer right it communicates. In the middle column, provide the type of product or service and in the right-hand column provide how the product label or service description communicates the consumer right.

Consumer Rights

Consumer right to Type of product/service

How product label or service description communicates consumer right

Be informed food chopper On the box of the food chopper, a statement indicates it will slice and dice fruits and vegetables easily.

Be informed

Safety herbs to grow fingernails

On the bottle of the herbs, a statement indicates this product has not been tested by FDA.

Safety

Choose

Be heard

A remedy

6200/6600 Principles of Business and Finance Summer 2010 Page 177

Exemplifying Consumer Rights Activity Continued

Consumer education

Service

6200/6600 Principles of Business and Finance Summer 2010 Page 178

Name_________________________ Class ______________ Date _________

Government Regulation and Assistance OrganizerDirections: Provide responses for the listed items.

Why does the government regulate utility companies?

How does the government prevent unfair business practices?

How does the government assist businesses?

6200/6600 Principles of Business and Finance Summer 2010 Page 179

Name ____________________ Class __________ Date __________

Social Responsibility Key Crossword Terms

Directions: Use the key terms related to social responsibility to complete the crossword puzzle.