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- The Malays
Charging a customer for much more than the actual value of a product or service is unethical. For
marketing efforts to remain with ethical limits; the prices of your offers must be equal to or less than the
value they give the customer.
- Cost Abuse
This ethical value refers to the responsibility that companies have to understand and manage their
impacts on the environment in any number of ways. Practicing this can help a business find sustainable
practices, improve its status and reputation among clients and consumers and even save funds.
- stewardship
This is a virtue of respect given to one's parents, elders, and ancestors. The Filipinos as influenced by the
Chinese have great deal of respect to the elderly people especially those in the ancestral family. with
this respects comes general obedience.
- Filial Piety
An unethical practices include not paying workers a fair wage, employing children under the legal
working age and unsafe or unsanitary working conditions.
- Wages and Working Conditions
Anyone being accused of sometime should be allowed to tell his/her side of the story. The "right of
confrontation" is a fundamental prerequisite of fairness in personal and business relationships. Anyone
should be given the opportunity to explain, clarify, and ask questions, and you must listen with a truly
open mind.
- Fair Hearing
Which of the following does not fall under the principles of Fairness:
- It sheds light on the optimism and positivity of Filipinos in whatever situation they are in so as to
remain determined in going through struggles or challenges.
This ethical issue is very prominent in almost all business since the system in our country has already
adopted and has gotten used to corruption. Although businesses are expected to fully comply with the
laws, whether it concerns the environment, culture, safety regulations, fiscal and monetary reporting
statutes and all applicable civil rights laws, many still choose the easy way out of these obligations.
- Compliance and Governance Issues
Which if the following is an unethical practice in a business:
- Giving out post-its to coworkers during a stressful workday.
A good impressions made during a gathering, dinner or reception can make or break a business any
deals.
- Business and company functions
This philosopher thought that a person have three major parts: The intellect, the emotions, and the
appetites. A person has the intellect to reason and learn, emotions to be motivated, and the appetites
to know when we are in need of something like food and water for instance. Wise people use their
emotions to motivate them to do what the intellect finds valuable, but the unwise use their emotions to
motivate them to overindulge the appetites. To over-indulge the appetites is to be immoderate and
addictive, but the intellect should learn to value fulfilling our appetites in a healthy way.
- Aristotle Virtues
Too many workplaces are filled with managers and supervisors who use their position and power to
mistreat or disrespect co-workers.
-Abusive behavior
This is important for the company to promote fair treatment in the workplace.
-Equal Opportunity
A written business policy doesn't communicate your company's expectations about appropriate
employee work ethics and performance.
-TRUE
Manager formulates these policies. Managers tell employees how to act in a given situation and the
subordinates are expected to follow them strictly.
-Originated Policies
Blame or punish anyone for what they did not do and appropriately sanction those who violate moral
obligations or laws.
-FALSE
It is the ideal business policy encourages individual productivity without making the employee feel as
though the employer or the person in authority is micromanaging them.
-Balance
Policies which are formulated for various functional areas of management
-Functional Policies
Careful weigh and evaluate all the information by separating facts from opinions and opinions from
speculations.
-TRUE
Fairness refers to equal treatment for business and companies. It is also the sate or condition of being
fair or free from bias or injustice; even handedness.
-TRUE
Protocols are established procedures one follows to execute a task.
-TRUE
Is one that can be proven to be what it declares to be, to have been created or sent by the person
purported to have created or sent it; and to have been created or sent at the time purported.
-Authenticity
He concludes that (a) the proper object of virtue is happiness and (b) we can become wise through
habit.
-Aristotle
Business establishments may or may not declare all its income to avoid taxation.
-FALSE
Aristotle's first conclusion on virtue ethics was partially justified through an important discovery-
morality needs a goal (or one or more primary values).
-TRUE
Most theorists agree that morality comes as a result of intrinsic virtues.
-TRUE
Using men or women as a sex symbol for promotion of products not related to the human body is
definitely unethical.
-TRUE
Charging a customer for much more than the actual value of a product or service is unethical.
-Cost Abuse
Marketing your business is very important. A business owner can not just rely on its products alone.
Sales will steadily increase as marketing do its function in spreading the new to prospective clients.
Without developing a marketing strategies, sales may not ever happened; without sales, a company
cannot succeed; without marketing, the business may not have the opportunity to flourish and gain
revenue.
-TRUE
Honesty or generosity is not just a tendency to do what is honest or generous, nor is it to be helpfully
specified as a "desirable" or "morally valuable" character trait.
-Virtue
It is alright to force potential and existing customers to buy products or services, some marketers use
false statements, exaggerated benefits, or make unverifiable declaration about their offers.
-FALSE
In a anxious bid to force potential and existing customers to buy products or services, some marketers
use false statements, exaggerated benefits, or make unverifiable declaration about their offers.
-Making false, exaggerated, or unverified declaration
A virtue is thus to be distinguished from single actions or feelings.
-TRUE
A typical example is when a food processing company claims that its products are sugar-free or calorie-
free and filled with vitamins and minerals when indeed they contain sugar or calories.
-Bending of facts to mislead or confuse potential customers
Plato's first conclusion helps explain why we can be motivated to being virtuous-attaining personal
happiness is what everyone finds worthy of being a goal.
-FALSE
Eudaimonist virtue ethics is an agent-based virtue ethicists argue that other forms of normativity
-TRUE
A business organization should formulate and promulgate its records management policy to keep tract
of everyday transaction.
-TRUE
The recording of financial transactions, and is part of the process of accounting in business.
-Bookkeeping
He thought that knowledge is virtue, and virtue leads to happiness.
- Socrates
Virtue ethics are normative ethical theories which emphasize virtues of mind and character.
-TRUE
The Department of Trade and Industry is the government agency assigned to accommodate business
corporations in the Philippines.
-FALSE
A virtue of respect given to one's parents, elders, and ancestors.
- Filial Peity
Amor Propio has a spanish origin and may be translated in english as "self motivated."
-FALSE
A technique of reciprocity of debt of gratitude to others.
- Utang na Loob
It is believed that the ultimate norm and ultimate standard of rightness is the personality of God Himself
and his perfect righteousness.
- Christian perspective
Christian is a complete way of life and it is not merely a religion.
-FALSE
It is a religions organization that believes in the truth that happiness is an essential part of ethics.
- Buddhism
Utang na loob is a technique of reciprocity of debt of gratitude to others.
-TRUE
They have great influence in the Filipinos relationship with regards to family values.
- Chinese community
It is a Filipino values showing respect or to give respect to a person.
- Paggalang
In the fast innovation now a days, this is one dilemma of businesses. It has become a medium to voice or
air out your concern and it crosses all over the globe in just one click. Guidelines for employees conduct
online and during and even after office hours must be taken inconsideration.
- Social media
These entities as they go about their goals are expected to fully comply with environmental laws, federal
and state safety regulations, fiscal and monetary reporting statutes and all applicable civil rights laws.
- Businesses
Maximizing the value of each employee's contribution is a key element in your business's success.
-TRUE
There are no legal consequences for unethical employee behavior.
-FALSE
This ethical value is a culture that takes shape when leaders intentionally manifest their own personal
intelligibility, and encourage it in the attitudes and behaviors of their team members. This starts with
people. When an organization's people are is being open, then the organization is ready to follow.
- transparency in business operation
While it might be intuitive to use models in advertisements for beauty products and cosmetics, half-
naked models use in promotion of gadgets, machinery, and other products not related to the human
body is definitely unethical.
- Using men and women as sex symbols for promotion
This ethical value refers to equal treatment, for businesses and companies for instance, there should be
fairness in shareholders, more so in the treatment of all stakeholders including employees, communities
and public officials.
- Fairness
Diversity in a business or any organization is crucial as persons values, thoughts, principles are tested in
a diverse environment. Sexual harassment is an unwelcome conduct that could make a person feel
offended, humiliated or intimidated. This can be can be physical, verbal or written. While discrimination
is treating, or proposing to treat, someone unfavourably.
- Harassment and Discrimination
This factor in the formulation of wages relates to the basic maintenance needs of the workers. If this
goes up by a certain percentage, then the wage must also go up the same percentage.
- Cost of Living
This is a common Filipino Value that maybe considered both a positive and a negative trait of Filipinos.
Its technique of reciprocity of debt of gratitude to others can and may be too deep as something people
take advantage of this trait. . Either in the personal or business side, this means to pay your debt with
gratitude.
- Utang na Loob
Which of the following does not show a hostile environment:
- Providing seminars and training to employees to enhance skills and knowledge.
This form of business ethics is concerned with the principles and practices that help one to act in ways
that help rather than harm. Its beliefs that one live to act, and our actions can have either have a
harmful or beneficial consequences for oneself and others. It is similar to the law of karma.
- Buddhist Business Ethics
Stewardship in business has a several possible benefits. Collectively it reduces energy usage, protects
natural resources and improves public health. For individual businesses that commit themselves to
stewardship, the decision may have a positive impact for the business. Some companies earn
certifications from environmental agencies that serve a marketing function, making their actions known
to consumers and customers. This gives them a good imagery and is favorable in their marketing
campaigns.
- outcome
This values is common to Filipino that are in desperate situation but can no longer find solution. Filipinos
usually say this when they are unable to make a decision about something important and unable to
decide on their next course of action. This phrase is uttered if all they want is go through something and
not thinking of the end result.
- Bahala Na
Which of the following does not fall under the principles of Fairness:
-Stakeholders share the same point of views in running the business.
A business must establish rules that address any violations from the policy. Stating the this in the
business policy puts the employee on notice and also increases the employer's options for effectively
dealing with behaviors contrary to policy.
- Consequences for Violations
Active stewardship can include one or more of a long list of specific practices and elements. For
businesses engaged in manufacturing this includes sourcing raw materials that are renewable and using
chemicals and processes that are safe for the environment. For all types of businesses, using email and
mobile devices to reduce paper consumption as it is called, paperless, is a form of stewardship.
- elements
It indicate the emotional situation in which business is conducted.
- Decorum
Foreigners who come to visit the Philippines speak of Filipinos going out of their way to help them when
lost, or the heart-warming generosity of a Filipino family hosting a visitor in their poverty-stricken home.
This Filipino value is not limited to the Philippines. It is everywhere wherever there are Filipinos.
- Hospitality
It is a principle or protocol to guide a decision and achieve rational outcomes.
- Policy
This ethical issue is unavoidable and may bring forth so many issues such as Racial discrimination, sexual
harassment, wage inequality - these are all costly ethical issues that employers and employees
encounter on a daily basis across the globe because of the variety and mixture of employees.
- Diversity Issues
It promotes fair treatment in the workplace.
- Equal Opportunity
The Filipinos as a people who have been constantly under the rule of numerous powerful countries has
over time, developed a sense of resourcefulness or the ability to survive with whatever they have. They
have the extraordinary ability to make something out of almost nothing. If a Filipino was given just a
screwdriver, plastic bags, and some tape, he would still be able to build a bird tree, especially for the
sake of survival, and provided that he be allowed to hunt for some needed surrounding material.
- Ability to Survive
This policy are set rules and guidelines surrounding employee observance to work schedules.
-Attendance and Time Off Policy
For a business to succeed, the product or service it provides must be known to potential buyers or
customers. Unless your business is known in the market and have communication with your customers
readily available, you have to use marketing strategies to build product or service awareness.
- Getting Word Out in the market
There are different forms of virtue ethics that may serve as a guide in the business world. This form
basically is the classical formulation of Virtue Ethics. It holds that the proper goal of human life is
happiness, well-being or the good life.
- Eudaimonism
This factor enable to understand that workers should be paid in accordance to the standards set by the
government. It requires the employer to pay at least the minimum wage requirement
- Laws and Regulations
This must be clear in any rules; to promote fair treatment in the workplace. Most organizations
implement equal opportunity policies like anti-discrimination and affirmative action policies, for
example, to encourage unprejudiced behavior within the workplace.
- Equal Opportunity
This form of business ethics believes that the ultimate norm and ultimate standard of rightness is the
personality of God Himself and his perfect righteousness. So biblical principles of ethics have great
significance for the business world. Their guiding principles comes from the old and new testaments and
is these values are have been adopted and has influenced most businesses.
- Christian business ethics
This republic act defines sexual harassment as "Employer, employees, manager, supervisor, agent of the
employer, teacher, instructor, professor, coach, trainor, or any other person who, having authority,
influence or moral ascendancy over another in a work, training or education environment demands,
request or otherwise requires any sexual favor from the other, regardless of whether the demand,
request or requirement for submission is accepted by the object of the said act."
- Republic Act No. 7877
This system in the Philippines has been the source of many controversies and corruption. It has been an
open secret that one cannot join the political arena of the Philippines without mastery this system.
Many would still deny this, it may even be contested and be considered as a false accusation but in our
political system, from the lowest Barangay official, to the President of the Republic, it is expected that
one gains political debts and dispenses political favor to advance one's career or influence, if not wealth.
- Padrino
Emphasizing the negative aspects of your rival's products in a bid to turn potential customers towards
your own products, a very unethical marketing practice and a sign of desperation.
-Bad-mouthing competitors product
Which if the following is an unethical practice in a business:
-all of the choices.
It establishes the duties and responsibilities each employee must adhere to as a condition of
employment. This must all be clearly established prior to the start of the work.
-Employee Conduct
The influence of this heritage group can be seen through the artistic side of the Filipinos; Architecture,
colorful dresses and arts. Another influence can be the folk beliefs that might have been handed down
to Filipino Traditions.
-The Indians
A business should have a standard office procedure, anyone who steps onto your property faces a level
of threat. By putting this policy in place, you can help mitigate any damages caused by an employee's
negligence.
- Workplace Safety Policy
Which if the following is an unethical practice in a business:
-Engaging in business and tampers taxes to reduce company expenses and give more benefits to
employees.
This factor in stewardship is very important as it may entail shelling out a portion of income. Engaging in
active environmental stewardship comes at a higher price. For instance, employing renewable energy
alternatives, such as hybrid vehicles or a solar-powered factory, are on the cutting edge of stewardship
but also require large initial investments which is the reasons for some company to act differently as a
steward.
-cost
One significant content of your business policy is including a description of every position in the
organization; from the highest ranking down to the ranked in file.
-Employees Job Description
There are different factors to consider in formulating a fair and just wage. This factor follows the rule on
supply and demand for labor and so called economic conditions and underemployment.
-External Market Factors
Occasionally an employer may encounter the need to terminate an employee. When that occasion
arises, one must have a much more straightforward experience if the employee has been cautioned
about the process of termination. If expectations for performance are outlined in the employee's initial
job description, show an account of problems by giving regular evaluations or appraisal.
-Disciplinary Policy
Despite the negative connotation from this religion. Learning and understanding their language and
beliefs may be a great help to different businesses. This religion provides a general concept on complete
way of life. Qur'an is the basis of law for this religion and teachings are fairly strong in stressing
observance of ethical and moral code in human behavior.
-Muslim Business Ethics
This ethical value refers to equal treatment, for businesses and companies for instance, there should be
fairness in shareholders, more so in the treatment of all stakeholders including employees, communities
and public officials.
-Fairness
This Filipino value has the implication of getting along with people in general. Doing your best to be
socially acquainted to everyone whether in the family, in a community or society, in a workplace or
business place.
-Pakikisama
This famous trait is the ability of Filipinos to find humour in everything. It sheds light on the optimism
and positivity of Filipinos in whatever situation they are in so as to remain determined in going through
struggles or challenges. It serves as a coping technique, the same way a child who has fallen laughs at
himself/herself to hide his/her embarrassment.
-Joy and Humor
Studies show that Filipinos often have an aversion to a set of standardized rules or procedures; They are
known to follow a Natural Clock or Organic sense of time- doing things in the time they feel is right. They
are present-oriented: which means that one attends to a task or requirement at the time it is needed
and does not worry much about future engagements. This allows the Filipino to adapt and be flexible in
doing the tasks at times not bound to a particular schedule or timeframe. This allows them think on
their feet and be creative in facing whatever challenge or task they have even when it is already right in
front of them. What characteristics of Filipino value is this?
-Flexibility, Adaptability, Creativity
Which if the following is an unethical practice in a business:
- Adding a few amount in the reimbursement to compensate for the accomplished work in the field.
This Filipino value may have a positive side and a negative side when too much is applied to. This
controls the social behaviors and interactions of a Filipino. It is generally dependent of what others may
think. On the positive side, it is the value that drives a Filipino be obedient and respectful to their
parents, older siblings, and other authorities.
- Hiya
A policies that prohibit the use of drugs, alcohol and tobacco products during work hours, on company
property or during company functions.
- Substance Abuse Policy
A business must establish rules that address any violations from the policy. Stating the this in the
business policy puts the employee on notice and also increases the employer's options for effectively
dealing with behaviors contrary to policy.
- Consequences for Violations
Businesses with run smoothly if workforce is well taken care of. There are a number of ethical issues
business people must consider about employee working conditions as well.
For example, employers must be aware of the safety of their work environment, are the employees
receiving a just compensation or compensated for overtime?
Although legal consequences for unethical issues regarding employee behavior are essential, there are
also legal consequences for unethical working conditions that must be addressed and must be followed.
For example, an employer who requires an employee to work without pay or who creates an unsafe
working environment can face or must face legal action.
- Employee Working Conditions
Years of colonization has given Filipino a lot of cultural and historical heritage. This heritage specifically
even influenced Filipinos for decades in religious beliefs like introducing Christianism, which is also
another foundation that has a great influence in Filipino businesses.
- The Spanish Heritage
It is important when making decision to extend reasonable efforts to gather information and evidences.
Thoroughness without being irrational is important in making sound judgements. What do you actually
know? Are there uncertainties in the facts that needs to be clarified? If you are making comparisons do
you have sufficient information on each candidate concerning the factors you think are most important?
- Gather Facts
This stage is carefully weigh of all the information by separating facts from opinions and opinions from
speculation. Although at times we draw reasonable inferences but know when you have done so and
the premises on which you base your conclusion.
- Evaluation
This particular philosopher is very famous in Asia. His teachings described as tradition, a philosophy, a
religion, a humanistic or rationalistic religion, a way of governing, or simply a way of life. This teachings
developed from what was later called the Hundred Schools of Thought from the teachings.
-Confucius
Pakikipagkapwa-tao is the shared sense of identity and consciousness of the 'other'.
-TRUE
A cooperative is a business organization owned by a group of individuals and is operated for their
mutual benefit.
-TRUE
It is a type of business partnership that can be formed by attorneys.
-Legal Services
It is type of business that provides clerical tasks using a medium called Internet.
-Virtual Assistant
Protocols are defined by custom, education, professional codes and statutory law.
-TRUE
It is a form of business organization that has a separate legal personality from its owners. Ownership is
represented only by its shares of stock. The owners or stockholders enjoy limited liability but have
limited involvement in the company's operations.
-Corporation
It is an organization of economic system where goods and services are being exchanged for one another
good or for money/ currency.
-Business
Determine whether the person accused had fair notice that the conduct was wrong. Simple cases such
as lying, cheating and stealing , may not be much of a problem but more technical violations.
-Fair Notice
It is a normative ethical theory that emphasizes on virtues of mind and character.
-Virtue Ethics
Aristotle thought that knowledge is virtue, and virtue leads to happiness.
-False
The overall operations covers advertising, public relations, promotions and sales. Marketing is a process
by which a product or service is introduced and promoted to potential customers.
-TRUE
Include purchases, sales, receipts, and payments by an individual person or an organization/corporation.
-Transactions
Records management refers to the whole range of activities which an organization should perform to
properly manage its records
-TRUE
An authentic record is one that accountants process depending on what the owner what to appear in
the book. The owner has the right to declare what should and should not be recorded in the books of
account.
-TRUE
He thought that we have three major parts: The intellect, the emotions, and the appetites.
-Plato
The fourth form a virtue ethic might adopt takes its inspiration from Plato.
-Platonistic virtue ethics
A record is An organization receives and processes tremendous amount of information day in and day
out but not all of them can be considered a record.
-TRUE
The English translation of "paggalang" is to be respectful or to give respect to a person.
-TRUE
This means not causing harm to oneself or others in any area of sexual activity.
-Avoiding sexual misconduct
Buddhism does not believe in the truth that happiness is an essential part of ethics.
-FALSE
The Chinese has great influence in the Filipinos relationship with family.
-TRUE
Is the basic component of Filipino culture.
-Malays
The Chinese even influenced Filipinos religious beliefs by introducing Christianism.
-FALSE
There is a filipino saying, "Ang 'di marunong tumingin sa pinanggalingan ay di makakarating sa
paroroonan."
-TRUE
Companies also monitor employees through video cameras, which allows them to observe visually and
record employee behavior and keep their work environment safe.
-TRUE
Too many workplaces are filled with managers and supervisors who use their position and power to
mistreat or disrespect co-workers. This is very vital now a days and situations as such must be given
attention by the business' management whether it involves racial discrimination, gender or ethnic
origin.
-Abusive behavior
Active stewardship can include one or more of a long list of specific practices and elements. For
businesses engaged in manufacturing this includes sourcing raw materials that are renewable and using
chemicals and processes that are safe for the environment. For all types of businesses, using email and
mobile devices to reduce paper consumption as it is called, paperless, is a form of stewardship.
-elements
Anyone being accused of sometime should be allowed to tell his/her side of the story. The "right of
confrontation" is a fundamental prerequisite of fairness in personal and business relationships. Anyone
should be given the opportunity to explain, clarify, and ask questions, and you must listen with a truly
open mind.
-Fair Hearing