Presentation on theme: "Social Responsibility of Business and Government"— Presentation transcript:
1 Social Responsibility of Business and Government CHAPTER 4Social Responsibility of Business and Government4-1 Social Responsibility4-2 Government Protection Activities4-3 Government Regulation and Assistance
2 Social Responsibility 4-1Social ResponsibilityGoalsDescribe social responsibility issues.Identify benefits and costs of social responsibility.Explain the purpose of a code of ethics.
3 Key Terms social responsibility non-renewable resource ethics Chapter 4Key Termssocial responsibilitynon-renewable resourceethicsbusiness ethicscode of ethics
5 Chapter 4Checkpoint >>What are four areas of social responsibility that may require the attention of business?Answerenvironmental protectionworkplace diversityjob safetyemployee wellness
6 SOCIAL RESPONSIBILITY EVALUATION Chapter 4SOCIAL RESPONSIBILITY EVALUATIONBenefitsExpanded justice for groups of a societyEnhanced company imageReduced need for government actionsImproved quality of life in a community and around the worldIncreased awareness of social issues among workers, consumers, and others
7 SOCIAL RESPONSIBILITY EVALUATION Chapter 4SOCIAL RESPONSIBILITY EVALUATION(continued)CostsNew nonpolluting or safer equipmentBuilding repairs to remove risksWellness and rehabilitation programsSocial projects sponsored by a company
8 Chapter 4Checkpoint >>What are the main benefits of social responsibility?AnswerExpanded justice for groups of a societyEnhanced company imageReduced need for government actionsImproved quality of life in a community and around the worldIncreased awareness of social issues among workers, consumers, and others
9 Chapter 4BUSINESS ETHICSCode of ethicsEthical conduct guidelines
10 Guidelines for Writing a Code of Ethics Chapter 4Guidelines for Writing a Code of Ethics
11 Checkpoint >> What is the purpose of a code of ethics? Answer Chapter 4Checkpoint >>What is the purpose of a code of ethics?AnswerThe purpose of a code of ethics is to guide actions and decisions of employees or members of an organization.
12 Government Protection Activities 4-2Government Protection ActivitiesGoalsIdentify the roles and levels of government.Explain government protection activities.Describe types of intellectual property.
14 GOVERNMENT IN SOCIETY Roles of government Chapter 4GOVERNMENT IN SOCIETYRoles of governmentProviding services for members of societyProtecting citizens, consumers, businesses, and workersRegulating utilities and promoting competitionProviding information and support to businessesBuying goods and servicesHiring public employeesRaising revenue
15 GOVERNMENT IN SOCIETY Levels of government Federal government Chapter 4GOVERNMENT IN SOCIETY(continued)Levels of governmentFederal governmentState governmentLocal government
16 Chapter 4FEDERAL GOVERNMENTOversees the activities that involve two or more states or other countries.Regulates foreign and interstate commerce
17 STATE GOVERNMENTS Regulate business actions within their own borders Chapter 4STATE GOVERNMENTSRegulate business actions within their own bordersAssign some of their legislative power to local governments
18 LOCAL GOVERNMENTS Include county boards and city or town councils Chapter 4LOCAL GOVERNMENTSInclude county boards and city or town councilsProvide services needed for an orderly society, such as police and fire protection
19 Checkpoint >> What are the three levels of government? Answer Chapter 4Checkpoint >>What are the three levels of government?Answerlocalstatefederal
20 GOVERNMENT PROTECTION ACTIVITIES Chapter 4GOVERNMENT PROTECTION ACTIVITIESWorker protectionContract enforcement
22 Checkpoint >> What are the main elements of a contract? Answer Chapter 4Checkpoint >>What are the main elements of a contract?Answeragreementcompetent partiesconsiderationlegality
23 PROTECTION OF INTELLECTUAL PROPERTY Chapter 4PROTECTION OF INTELLECTUAL PROPERTYPatentsCopyrightsTrademarks
24 Checkpoint >> What are three types of intellectual property? Chapter 4Checkpoint >>What are three types of intellectual property?Answerpatentscopyrightstrademarks
25 Government Regulation and Assistance 4-3Government Regulation and AssistanceGoalsExplain actions by government to regulate business.Discuss efforts of government to assist businesses.Identify methods used by government to raise money.
27 REGULATORY ACTIVITIES Chapter 4REGULATORY ACTIVITIESRegulation of utilitiesPrevent unfair business practices
28 Checkpoint >> Why does government regulate utilities? Answer Chapter 4Checkpoint >>Why does government regulate utilities?AnswerReasons for government regulation of utilities might include the assurance of fair prices, the conservation of resources, and to avoid overcrowding of utility poles and other facilities, such as power plants.
29 GOVERNMENT ASSISTS BUSINESS Chapter 4GOVERNMENT ASSISTS BUSINESSGovernment buys goods and servicesGovernment employs workers
30 Checkpoint >> How does government assist business? Answer Chapter 4Checkpoint >>How does government assist business?AnswerThe government assists businesses in a variety of ways, including providing demographic data, buying goods and services, and employing workers who then have the means to buy goods and services.
31 GOVERNMENT RAISES MONEY Chapter 4GOVERNMENT RAISES MONEYTaxesBorrowing
32 Chapter 4Checkpoint >>What is the difference between tax revenue and borrowing by government?AnswerTax revenue is money the government collects to cover the costs of services.This is money that the government is not required to pay back.The government is required to pay back money borrowed.