Be Left Over Acts

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RECAP WEEK 2

1. Responsibilities and accountabilities of entrepreneurs to employees:

A. Providing a Safe and Healthy Workplace: Entrepreneurs have a responsibility to


provide a safe and healthy workplace for their employees. This includes ensuring that
the workplace is free from hazards, providing adequate training on safety procedures,
and having policies in place to prevent workplace accidents.

B. Compensation and Benefits: Entrepreneurs are accountable for providing fair


compensation and benefits to their employees. This includes offering competitive
salaries, health insurance, retirement plans, and other benefits that are commensurate
with the employee's skills, experience, and job responsibilities.

C. Professional Development: Entrepreneurs have a responsibility to support the


professional development of their employees. This includes offering training and
development opportunities, mentoring programs, and career advancement opportunities
that help employees improve their skills and advance their careers.

2. Responsibilities and accountabilities of entrepreneurs to government:

A. Compliance with Laws and Regulations: Entrepreneurs are accountable for


complying with all relevant laws and regulations. This includes employment laws, tax
laws, environmental regulations, and any other regulations that apply to their business.

B. Paying Taxes: Entrepreneurs have a responsibility to pay all required taxes to the
government. This includes income taxes, sales taxes, and any other taxes that apply to
their business.

C. Social Responsibility: Entrepreneurs have a responsibility to practice social


responsibility by being environmentally conscious, supporting their local community, and
contributing to charitable causes. This includes reducing waste and pollution, supporting
local businesses, and donating to charities and non-profit organizations.
WEEK 5

RECAP

1. Corporate identity

2. Work ethic

3. Organizational culture

4. Corporate governance

5. Objectivity

ACTIVITY 1

1. Examples of CSR Initiatives:

a. Philanthropy:

- Coca-Cola: The Coca-Cola Foundation is committed to improving the lives of people


and communities around the world by providing financial support to non-profit
organizations that focus on education, water stewardship, and community
empowerment.

- Google: Google.org invests in non-profit organizations that use technology to address


social and environmental challenges. They also provide grants and volunteer
opportunities to support local communities.

b. Environmental Conservation:

- Patagonia: Patagonia is committed to using their business to address the


environmental crisis. They donate 1% of their sales to environmental organizations and
they also provide grants to support grassroots environmental work.

- IKEA: IKEA is committed to becoming a circular business that designs products with
sustainability in mind. They've set a goal to become climate positive by 2030, meaning
they'll reduce more greenhouse gas emissions than they emit.

c. Ethical CSR:

- Ben & Jerry's: Ben & Jerry's is committed to social justice and uses their business to
advocate for issues such as climate justice, racial justice, and democracy. They also
support their dairy farmers and promote Fairtrade ingredients.
- Patagonia: Patagonia is also committed to ethical CSR, which includes fair labor
practices and supply chain transparency. They work with suppliers to ensure fair wages
and safe working conditions for their workers.

2. Proposed CSR Framework:

a. Type of CSR: Environmental Conservation

b. CSR initiatives or activities: The company will implement a waste management


program that promotes waste reduction, recycling, and composting. The program will
also include education and awareness campaigns to encourage employees and
customers to reduce their waste and make sustainable choices.

c. Needed resources: The company will need to invest in waste management


infrastructure such as recycling and composting bins, as well as education and
awareness materials such as posters and brochures.

d. Beneficiaries of the CSR initiatives or activities: The beneficiaries will be the


environment, the company, employees, and customers. The program will help reduce
the company's environmental impact, promote a more sustainable workplace culture,
and provide a more sustainable shopping experience for customers.

e. Impact of the CSR initiative or activities: The program will help reduce the amount
of waste generated by the company, divert waste from landfills, and reduce greenhouse
gas emissions. It will also help educate employees and customers about sustainable
practices and promote a more sustainable workplace culture.

f. Expected outcome: The company will achieve a reduction in waste generation and
greenhouse gas emissions. The program will also promote a more sustainable
workplace culture and provide a more sustainable shopping experience for customers.

g. Feedbacking: The company will regularly collect feedback from employees and
customers about the waste management program. The feedback will be used to
improve the program and address any concerns or issues that arise.
ACTIVITY 1

1. Who your business serves?

My business serves individuals who are looking for healthy and convenient food
options. This includes busy professionals, students, and families who prioritize their
health and wellness but have limited time to prepare meals.

2. What benefit your business provides to these customers?

My business provides healthy and convenient food options that are tailored to meet the
unique dietary needs and preferences of our customers. By offering a variety of fresh,
nutritious, and delicious meals, we help our customers maintain a healthy lifestyle
without sacrificing on taste or convenience.

3. How do you provide the benefit?

We will provide the benefit by offering a variety of meal plans and options that are
tailored to meet the unique needs of our customers. Our menu will be designed by
professional chefs and nutritionists to ensure that all our meals are healthy, delicious,
and balanced. Additionally, we will offer online ordering and delivery services to make it
easy and convenient for our customers to access our meals. We will also prioritize
customer service to ensure a positive and personalized experience for each of our
customers.

ACTIVITY 2

As an aspiring entrepreneur, managing financial freedom is crucial in creating a


successful business plan. To effectively manage my finances, I will start by creating a
detailed financial plan that includes all my expenses and projected revenue. I will also
explore funding options such as loans, grants, or investors to secure the necessary
capital. In addition, I will regularly monitor my financial statements and adjust my plan
accordingly based on the financial performance of my business. Finally, I will prioritize
reinvestment in my business to ensure long-term sustainability and growth while also
maintaining a healthy cash flow.
WEEK 6

RECAP

1. B

2. B

3. B

4. A

5. A

ACTIVITY

1. The goal of Pandayan Bookshop as a business is to help forge the minds and hearts
of young people by providing them with a wide range of products such as books, arts
and crafts items, and school bags, among others, while also enabling its employees to
grow and achieve their dreams through monthly bonuses and profit-sharing schemes.

2. Yes, Pandayan Bookshop is able to achieve its goal by expanding its product range
and having a large number of regular and permanent employees, which allows them to
provide better service to their customers and improve their employees' quality of life.

3. Yes, Pandayan Bookshop uses the humanistic approach as evidenced by their focus
on the value of their employees and customers. They acknowledge and recognize the
value of their employees by providing monthly bonuses and profit-sharing schemes,
while also taking into consideration the value of their customers by offering a wide range
of products to cater to their needs.

4. The humanistic approach impacts Pandayan Bookshop in a positive way as it allows


them to create growth in the company while valuing their employees and customers. By
providing a supportive and positive environment for their employees, they are more
likely to be motivated to provide better service to their customers, resulting in increased
customer satisfaction and loyalty.

5. The humanistic approach impacts business in general by creating a positive and


supportive environment for employees, which can lead to increased motivation,
productivity, and job satisfaction. This can result in better customer service and
increased customer loyalty, ultimately leading to business growth. Examples of
companies that use the humanistic approach include Patagonia, Whole Foods, and
Southwest Airlines.
6. As a student, you can help business owners in harnessing their customers and
employees' potential in contributing growth to their business by advocating for the
adoption of the humanistic approach. You can also support businesses that prioritize
the well-being of their employees and customers.

7. The government can contribute to humanizing business and its areas by


implementing policies and programs that promote the well-being of employees and
customers. For example, they can provide incentives for companies that provide fair
wages and benefits, offer training and development programs for employees, and
prioritize environmental sustainability.

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