1. Social Responsibility of Business and Government
CHAPTER 4
Social Responsibility of Business and Government
4-1 Social Responsibility
4-2 Government Protection Activities
4-3 Government Regulation and Assistance

2. Social Responsibility
4-1
Social Responsibility
Goals
Describe social responsibility issues.
Identify benefits and costs of social responsibility.
Explain the purpose of a code of ethics.

3. social responsibility non-renewable resource ethics business ethics
Key Terms
social responsibility
non-renewable resource
ethics
business ethics
code of ethics
Chapter 4

4. SOCIAL RESPONSIBILITY ISSUES the duty of a business to contribute to the well-being of a community FOUR AREAS OF RESPONSIBILITY:
Environmental protection:
Conservation
Non-renewable resources
Pollution
EPA (Environmental Protection Agency)
Workplace diversity
Roles of women, ethnic groups, physically challenged, and older workers
ADA (Americans with Disabilities Act) for the physically challenged
Age Discrimination in Employment Act (40+)
Chapter 4

5. Job safety Employee wellness
SOCIAL RESPONSIBILITY ISSUES (CONTINUED) the duty of a business to contribute to the well-being of a community
Job safety
OSHA (Occupational Safety and Health Administration)
Employee wellness
Businesses try to keep their employees healthy and well
Wellness Programs are offered
Stop-smoking seminars
Counseling
Drug rehab
Weight-loss sessions
Sponsoring of sports teams
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6. Checkpoint >>
What are four areas of social responsibility that may require the attention of business?
Answer
environmental protection
workplace diversity
job safety
employee wellness
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7. 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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8. SOCIAL RESPONSIBILITY EVALUATION
(continued)
Costs
New nonpolluting or safer equipment
Building repairs to remove risks
Wellness and rehabilitation programs
Social projects sponsored by a company
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9. Checkpoint >>
What are the main benefits of social responsibility?
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10. BUSINESS ETHICS
Code of ethics
Ethical conduct guidelines
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11. Ethical conduct guidelines
Questions to consider when deciding if a situation is ethical:
Is the action legal?
Does the action violate professional or company standards?
Who is affected by the action and how?
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12. Guidelines for Writing a Code of Ethics
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13. REINFORCEMENT ACTIVITY
PAGE 80
1-3 (1 pt each)
4 or 5 (7 pts each)

14. Government Protection Activities
4-2
Government Protection Activities
Goals
Identify the roles and levels of government.
Explain government protection activities.
Describe types of intellectual property.

15. Key Terms
contract
patent
copyright
trademark
Chapter 4

16. 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
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17. Levels of government Federal government State government
GOVERNMENT IN SOCIETY
(continued)
Levels of government
Federal government
State government
Local government
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18. Regulates foreign and interstate commerce
FEDERAL GOVERNMENT
Oversees the activities that involve two or more states or other countries.
Regulates foreign and interstate commerce
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19. Regulate business actions within their own borders
STATE GOVERNMENTS
Regulate business actions within their own borders
Assign some of their legislative power to local governments
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20. Include county boards and city or town councils
LOCAL GOVERNMENTS
Include county boards and city or town councils
Provide services needed for an orderly society, such as police and fire protection
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21. Checkpoint >>
What are the three levels of government?
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22. GOVERNMENT PROTECTION ACTIVITIES
Worker protection
Contract enforcement
Chapter 4

23. Contract Basics
Chapter 4

24. Checkpoint >> What are the main elements of a contract?
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25. PROTECTION OF INTELLECTUAL PROPERTY
Patents- 20 years for the process
Inventor has the sole right to make, use, or sell the item for 20 years
Copyrights- For life plus 70 years
Creative works of authors, composers, and artists
Trademarks- LOGO
Word, letter, symbol
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26. Checkpoint >> What are three types of intellectual property?
Chapter 4

27. Reinforcement activity
Page 85
pt each
AND choose ONE (1) from pts
10 POINTS TOTAL
Chapter 4

28. Government Regulation and Assistance
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.

29. Key Terms
public utility
monopoly
antitrust laws
revenue
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30. REGULATORY ACTIVITIES
Regulation of utilities
Prevent unfair business practices
Chapter 4

31. Checkpoint >>
Why does government regulate utilities?
Chapter 4

32. GOVERNMENT ASSISTS BUSINESS
Government buys goods and services
Government employs workers
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33. Checkpoint >>
How does government assist business?
Chapter 4

34. GOVERNMENT RAISES MONEY
Taxes
Borrowing
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35. Checkpoint >>
What is the difference between tax revenue and borrowing by government?
Chapter 4

36. Page 91 (1-3, and choose one from 4-6)
Reinforcement Activity
Page 91 (1-3, and choose one from 4-6)
Chapter 4