Introduction to Business © Thomson South-Western ChapterChapter Social Responsibility of Business and Government Social Responsibility Government Protection Activities Government Regulation and Assistance 4

Introduction to Business © Thomson South-Western Chapter 4 Slide 2 LESSON 4-1 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 3 Key Terms social responsibility non-renewable resource ethics business ethics 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 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 Chapter 4 Slide 6 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 Chapter 4 Slide 7 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 4-2 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 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 Chapter 4 Slide 15 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 Chapter 4 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 Chapter 4 Slide 17 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 Slide 19 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 Chapter 4 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 Chapter 4 Slide 23 LESSON 4-3 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 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 Chapter 4 Slide 26 >> C H E C K P O I N T Why does government regulate utilities?

Introduction to Business © Thomson South-Western Chapter 4 Slide 27 GOVERNMENT ASSISTS BUSINESS Government buys goods and services Government employs workers

Introduction to Business © Thomson South-Western Chapter 4 Slide 28 >> C H E C K P O I N T How does government assist business?

Introduction to Business © Thomson South-Western Chapter 4 Slide 29 GOVERNMENT RAISES MONEY Taxes Borrowing

Introduction to Business © Thomson South-Western Chapter 4 Slide 30 >> C H E C K P O I N T What is the difference between tax revenue and borrowing by government?