Course

Essential Standard Objective

6200/6600 Principles Unit A of Business and Finance 2.00 B2 24% 2.05 B2 5%

Principles of Business

Understand the nature of business. Understand responsible actions for conducting business.

Essential Questions

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How do businesses determine if its practices are socially responsible? Which services provided by the government protect businesses, individuals, and workers while they are conducting business? How does the Consumer Bill of Rights protect consumers? What are the actions of the government for regulating practices of businesses and providing them assistance? UNPACKED CONTENT

I. Business practices that positively impact communities are socially responsible actions. A. Social responsibilities commonly addressed by businesses are: 1. Environmental protection 2. Workplace diversity 3. Job safety 4. Employee wellness B. Business ethics guide the actions of businesses, which usually include guidelines that address: 1. Is the action legal? 2. Does the action violate professional or company standards? 3. Who is affected by the action and how? II. The government protects businesses, individuals, and workers while they are conducting business. The protections provided are: 1. Safe work environment 2. Contract enforcement 3. Intellectual property III. The Consumer Bill of Rights protects consumers against unfair business practices. The rights of consumers protected are: A. To be informed B. To safety C. To choose D. To be heard E. To a remedy F. To consumer education G. To service

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Summer 2010

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IV. The government regulate practices of businesses and assistance them through: A. Regulating utility companies B. Promoting fair competition C. Assisting businesses by: 1. Providing demographic information 2. Buying goods and services 3. Employing workers

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Summer 2010

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