GBERMIC

FORMATIVE ASSESSMENT 1

1.) What striking observations did you have in the Planet Earth video? 
2.) What are two of your important learnings or insights about Planet Earth?

FORMATIVE ASSESSMENT 2

ROBOTS IN THE FACTORY: A CONCEPTUAL CASE

You were appointed Corporate Treasurer in MWB, Inc. This was in consideration of your good
background in Accounting, Finance and Accounting Information Systems, and as a member of
the Corporate Board of Directors. As Corporate Treasurer you headed two significant board
posts: Audit Committee and the Steering Committee for Information Systems.

MWB, Inc. is engaged in the manufacture of a high-end car: the MWB. In the latest board
meeting, the whole discussion revolved around automation: exploring the possibility of replacing
workers in the production line with robots. This option will mean huge capital investment in
robotics. This possibility will cut labor costs by 50% and increase profits by 300%. A natural
consequence of this move is the displacement of a hundred workers in the production line.

You were tasked to lead the committee to come up with a proposal and a possible action plan.

Required:
1. Considering the ethical principles (discussed in the Vocation of the Business Leader).
behind good goods, good work and good wealth and following the process see, judge and
act; come up with a proposal to the board and an action plan. Please limit to a maximum
of two pages (short bond paper).
2. Take the liberty to draw necessary assumptions if you must.
3. Deadline for posting of proposal and action plan to the Discussion Board, September 23,
2020
FORMATIVE ASSESSMENT 3
( Create a Content folder for this and copy the following case. Answer to be posted at the
Discussion Board)

THE OFFER: A CONCEPTUAL CASE

You are married with a young daughter who was diagnosed with cancer. Her treatment requires
a big sum of money to the tune of P800,000. You were struggling to raise this amount.

Professionally, you work as the Finance Manager of a large manufacturing company. Currently
the company is under examination by the Bureau of Internal Revenue (BIR). At the moment, the
company is losing due to the significant drop in demand arising from the Covid 19 pandemic and
is experiencing cash flow problems.

Finally when the review was over, the BIR assessment came out in the midst of the pandemic
and it was an overwhelming P20,000,000 inclusive of interests and penalties. You were tasked
to negotiate with the BIR.

The BIR examiner told you that this can be settled outside of the regular assessment process if
your company were willing. The examiner offered that it can be settled for P5M, P2M of which
will be remitted to the National Treasury and will be issued a government official receipt, P1M
will be for you and P2M for the examiner. Otherwise, the assessment stands at P20M.

What will you do? Will you accept the offer of the BIR examiner? How about your personal
problem? How about the cashflow problems of your company?

Required: Come up with a proposal and a plan of action.

1. Apply the Viral News Test.

2. Apply the Ethical Decision Making Approach proposed by Dr. Antonette Angeles.
3. Don’t hesitate to think outside the box.
Save your answer in a word file and attach to the Discussion Board forum designated for this.
Deadline is September 29, 2020.
REFLECTION 3
1. How does the call to development appeal to you?
2. Name two challenges to development that you see in your own locality or country and
how do think they can be addressed?
3. Google the 17 Sustainable Development Goals (SDGs) and see where the challenges in
no. 2 can fit in.
4. Are the SDGs also the concern of professionals and corporations? Briefly explain your
answer.

REFLECTION 4

Please submit your Critical Reflection Entry No. 4 using this link.

GUIDE QUESTIONS:

1. Google the case of Enron or watch the Smartest Guys in the Room on YouTube.
2. WHAT: Identify an ethical issue involving the Chief Financial Officer. Briefly describe
it.
3. SO WHAT: What were the implications of his act?
4. NOW WHAT: If you were in his shoes, and after knowing the principles on
development and ethical business, what would you have done?

Write your reflection using a maximum of 600 words in a word file.

Submit it to the link provided on or before September 29, 2020.