Business and Social Responsibility Chapter 5

What is business All activities that go into producing and marketing a product.

Functions of Business Production – create, grow, manufacture, or improve something produced by someone else Marketing – selling things in a marketplace Management – all production and marketing rely on strong marketing

Functions of Business Management Planning Organizing Controlling Finance is money management Titles vary depending on business

Types of Businesses Lets discuss the businesses Large vs small Public vs private Profit vs non profit Domestic vs global Service or good

Review In your notes, write down a business that might have a manager Name a service business Name a goods business Name a non-profit organization Name a small business

5.2 Marketing and Social Responsiblity Ben and Jerrys McDonalds - RM House

Environmental Issues Air and water pollution EPA – Environmental protection agency – established by federal government ot protect the environment from pollution Read page 64 and 65. Name 3 types of polluters

Environmental Issues Conservation and Recycling In the future, more and more natural resources are going to need conservation and recycling What was the percentage increase in recycling of aluminum cans from 72 – 94? 15 – 70 %

Business Ethics Ethics – guidelines or good behavior Ethical problems Bait and switch advertising Price fixing Unsafe products Check out Advertising ethics

3 Basic Ethics Questions Is the practice fair, right and honest? What would happen if this product was marketed differently? What practice would result in the greatest good for the greatest number of people? Are you ethical?

Consumerism The societal effort to protect consumer rights put on a business. Safety Recycling Pricing Services

Employee Issues Telecommuting Flextime On-site child care Family leave Help for physically challenged Health care reform See page 68

Chapter 5 Review Do you know of anyone that has the above mentioned employee issues offered to them? Fact and idea review page 70 #2, 3, 5, 6, 9, 12 Critically thinking #6 Building academic skills 1, 4 and 6

The End