The Business Environment
What is business’s role in society?
- EC:070 Explain the role of business in society (CS) LAP-EC-070 (pp. 4-9—4-11)
Objectives (nothing due this week for objectives)
1. Define the following terms: social responsibility, producers, raw-goods producers, manufacturers, builders, trade industries, retailers, wholesalers, and service businesses.
2. Identify two categories of social responsibility.
3. Identify ways in which businesses demonstrate social responsibility by maximizing their profits.
4. Identify ways in which businesses contribute to public interests.
5. List individuals, groups, or agencies to which retailers are socially responsible.
6. Categorize types of producers in our society. g. Identify examples of retailers.
7. Identify examples of wholesalers.
8. Distinguish between retailers and wholesalers.
9. Describe factors that differ among trade industries.
10. Describe classifications of service businesses found in our society.
11. Explain the importance of service businesses in our society.
1. Define the following terms: social responsibility, producers, raw-goods producers, manufacturers, builders, trade industries, retailers, wholesalers, and service businesses.
2. Identify two categories of social responsibility.
3. Identify ways in which businesses demonstrate social responsibility by maximizing their profits.
4. Identify ways in which businesses contribute to public interests.
5. List individuals, groups, or agencies to which retailers are socially responsible.
6. Categorize types of producers in our society. g. Identify examples of retailers.
7. Identify examples of wholesalers.
8. Distinguish between retailers and wholesalers.
9. Describe factors that differ among trade industries.
10. Describe classifications of service businesses found in our society.
11. Explain the importance of service businesses in our society.
Videos
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Reading
Go to Google Classroom and click on the material in Week 4 titled "Student Guide - Business Connections".
Go to Google Classroom and click on the material in Week 4 titled "Student Guide - Business Connections".
Presentation & Discussion
You will receive a presentation that is upload to Google Classroom.
You will receive a presentation that is upload to Google Classroom.
Business and Society Matchup
Go to Google Classroom and complete the assignment in the Google Form.
Go to Google Classroom and complete the assignment in the Google Form.
My Company's Social Responsibility
You will be conducting MOCK interviews with your business partner. Check for the document to work on in Google Classroom. Each of you will turn in your own document.
You will be conducting MOCK interviews with your business partner. Check for the document to work on in Google Classroom. Each of you will turn in your own document.
Activity 1
Pick one of the following: producers, trade industries, or service businesses. With your business partner, take 15 minutes to brainstorm businesses of its type in the local community. Give at least 10 examples on a Google document.
Pick one of the following: producers, trade industries, or service businesses. With your business partner, take 15 minutes to brainstorm businesses of its type in the local community. Give at least 10 examples on a Google document.
Learning Guide
Directions: Answer each of the following questions in a Google document. Upload your document to Google Classroom.
OBJECTIVE A
1. What do producers do?
2. Why are raw-goods producers important?
3. Why are manufacturers important?
4. Why do we rely on builders?
5. What are trade industries?
6. What is the difference between retailers and wholesalers?
7. How do certain trade industries differ from each other?
8. Where does retailing take place?
9. What are service businesses?
OBJECTIVE B
10. What is social responsibility?
11. How do businesses demonstrate social responsibility?
12. How do each of the following groups benefit from social responsibility?
Directions: Answer each of the following questions in a Google document. Upload your document to Google Classroom.
OBJECTIVE A
1. What do producers do?
2. Why are raw-goods producers important?
3. Why are manufacturers important?
4. Why do we rely on builders?
5. What are trade industries?
6. What is the difference between retailers and wholesalers?
7. How do certain trade industries differ from each other?
8. Where does retailing take place?
9. What are service businesses?
OBJECTIVE B
10. What is social responsibility?
11. How do businesses demonstrate social responsibility?
12. How do each of the following groups benefit from social responsibility?
- a. Product users
- b. The community
- c. Employees
- d. The company itself
Ethics Case
Create a Google document and respond to the following case below. Work on this assignment individually or with ONE partner. Answer in complete sentences. Font should be "Times New Roman", size 12, double-spaced, margins 1". When finished, each person should upload their own document to our Google Classroom.
Kyle owns and operates his own company. He is approached by a friend who is looking for people to purchase tickets to a charity auction. The proceeds from the auction will go to a local food pantry. Kyle is not sure what to do: He wants to help his community, but he feels that he is already giving back to society by maximizing his profits and providing jobs. Kyle decides that the cost of tickets to the auction is just too expensive. (Ethical Principles Involved: Respect, Viability)
1. Is Kyle’s choice ethical?
2. Does he already contribute enough to society through his business success, or does he have a duty to support local causes?
Create a Google document and respond to the following case below. Work on this assignment individually or with ONE partner. Answer in complete sentences. Font should be "Times New Roman", size 12, double-spaced, margins 1". When finished, each person should upload their own document to our Google Classroom.
Kyle owns and operates his own company. He is approached by a friend who is looking for people to purchase tickets to a charity auction. The proceeds from the auction will go to a local food pantry. Kyle is not sure what to do: He wants to help his community, but he feels that he is already giving back to society by maximizing his profits and providing jobs. Kyle decides that the cost of tickets to the auction is just too expensive. (Ethical Principles Involved: Respect, Viability)
1. Is Kyle’s choice ethical?
2. Does he already contribute enough to society through his business success, or does he have a duty to support local causes?
Activity 2
Create a Google document for the following activity. Font should be "Times New Roman", size 12, double-spaced, margins 1". You may work individually or with ONE partner. When finished, each person should upload their own document to our Google Classroom.
Create a Google document for the following activity. Font should be "Times New Roman", size 12, double-spaced, margins 1". You may work individually or with ONE partner. When finished, each person should upload their own document to our Google Classroom.
- Find an article about a business that has been socially responsible.
- Categorize the purposes of the businesses' social responsibility, identify the groups to whom the businesses have been socially responsible.
- Your document should be ONE PAGE, double-spaced. = 20 points
- Upload Google Document to Google Classroom = 40 points
- Upload article PDF or link to Google Classroom = 20 points
- You will present at least 1 minute for each person in your group = 20 points
- You will NOT be allowed to use any material, presentations, notes, note cards, equipment, etc.
Test
Check Google Classroom for your assessment.
Check Google Classroom for your assessment.
Articles for Reference
READ: Amosweb
READ: Young entrepreneurs mix business, social responsibility
READ: The Truth About Socially Responsible Business
READ: What is a Service Business?
READ: What is a Wholesaler?
READ: Trade and Investment
READ: Amosweb
READ: Young entrepreneurs mix business, social responsibility
READ: The Truth About Socially Responsible Business
READ: What is a Service Business?
READ: What is a Wholesaler?
READ: Trade and Investment
FBLA Officers
Business and Marketing Essentials Course Guide (Standard) © 2017, MBA Research and Curriculum Center®