1. Social Responsibility of business and government
Chapter 4

2. Social Responsibility
Social Responsibility: duty of a business to contribute to the well-being of a community
Community
Environment
Employees
Explore what McDonalds is doing to be socially responsible
Research in pairs ...
Disney
Whole Foods Market
Nestle
Ford Motor Company
Procter & Gamble
Royal Caribbean
Starbucks
Target

3. Some Laws that make companies be socially responsible
Federal Trade Commission (Consumer Protection)
Environmental Protection Agency EPA
Americans with Disabilities Act (ADA)
Family and Medical Leave Act
OSHA
Must have equal access-
education, training, jobs, and career advancement
Americans with Disabilities Act (ADA)-
helped improve workers who are physically challenged

4. Employee Wellness
Why should employers care if their employees are healthy?
How to setup a wellness plan
Better for Waistline or Bottomline?
10Kaday
Workplace offers programs-
Stop-smoking seminars, counseling for employees with drug problems, weight loss sessions, eating a balanced diet, getting proper exercise, and maintaining a healthy lifestyle

5. Business ethics Is what I’m thinking about doing ethical?
Questions to ask …
Is it legal?
Will my decision violate any company or professional standards?
How are others affected?
What is CONFLICT OF INTEREST?

6. CODE OF conduct & Business ethics
Why should a company have a “Code of Conduct”?
Why does Beaverton High School have a “Student Handbook”?
Why kinds of things are businesses emphasizing in their code of conduct?
Amazon
Apple
Facebook
Google
Dow Chemical
Perrigo
Starbucks
Walmart
Code of ethics- set of rules for guiding the actions of employees or members

7. ContractS Must contracts be in writing? Written Oral Implied
Examples of contracts
Credit card
Apartment rental
Purchase agreement
Student Loans

8. Contract Basics
A contract must have all of these to be considered valid.
A legal dispute can happen if these are not agreed upon before the contract is agreed upon.

9. Legal System Two types of cases in our legal system Criminal cases
Civil cases
What is the difference?
Example: Trent Ripper
MLive Article
Hung Jury, Retrial?
If a business violates laws, it would be the defendant in a criminal case.

10. Intellectual Property
What is the difference between a patent, copyright, and trademark?
Example: Motrin
What qualifies for a patent?
Remember Beanie Babies?
Target bulleseye

11. Utilities Should they be regulated? Example: California Energy Crisis
Water
Gas
Electric
Cable TV???
Example: California Energy Crisis

12. Prevent Unfair business practice
Monopoly- business has control of the market for a product or service
Antitrust laws promote competition and fairness.
Examples
AT & T
Major League Baseball?
National Football League?
Microsoft?
Monopoly is bad if the same company owned all food stores in your city, consumers might not be treated fairly.
Antitrust law- actions meant to promote competition and fairness and avoid monopolies

13. Who Works for the government?
Public employees work for the government or a government organization.

14. Examples of Government Employees
Police officers
Firefighters
Sanitation workers
Assistants
Lawyers
Teachers
Inspectors
Data analysts

15. In the news this week …
Public employees work for the government or a government organization.

16. Property Tax Video on Property Taxes Difference between …
Real Property Tax
Personal Property Tax
Proposal A and how it affected Property Tax in Michigan
Primary Residence Exemption
What is MILLAGE? SEV?
Property Tax Estimator

17. Borrowing & Interest Rates
National Debt & Debt Limit explained (VIDEO)
Government impact on interest rates
Interest rates
Bankrate.com
Excel worksheet for Savings
Excel worksheet for Loan payment