Department of Education

Region XII
Division Of Sarangani
COLON NATIONAL HIGH SCHOOL
BUSINESS ETHICS
FINAL EXAM

Name:_________________________________________________Score:________________
Year/Strand:____________________________________________Date:_________________

I. True or False. Write TRUE if the statement is correct, and write False If the statement is FALSE.
___________1. Entrepreneurs have the responsibility to pay their employees of the business at least the
minimum hourly wage in their locality.
___________2. The government requires businesses to create and maintain a safe working environment for
their employees as per standards.
___________3. Business must treat their injured employee with respect and file the claim without
attempting to cause a delay in the processing.
___________4. A business should provide a human development system that supports the careers of
employees, self-development support program, and transfer opportunities for willing
employees.
___________5. A business must reward their employees fairly and attractively, in line with the prevailing
conditions on the local market.
___________6. Businessmen should comply with all legal requirements, execute government contracts, pay
taxes honestly and in time.
___________7. Companies are forbidden from engaging in certain kinds of restrictive trade practices that
limit competition.
___________8. Companies must disclose a number of financial statements to the government in the form of
tax returns.
___________9. The commercial organization should not take any type of favour from the government
officials by bribing or influencing them.
___________10. The commercial organization must contribute towards the political destabilization of the
country.

Enumeration. 3. ___________________
Responsibilities and Accountabilities of Entrepreneurs
1. ____________________ Responsibilities and Accountabilities to the Creditors
2. ____________________ 1. ___________________
3. ____________________ 2. ___________________
4. ____________________ 3. ___________________
5. ____________________ Responsibilities and Accountabilities to the
6. ____________________ Consumers
7. ____________________ 1. ___________________
Responsibilities and Accountabilities to the Employees 2. ___________________
1. ___________________ 3. ___________________
2. ___________________ Responsibilities and Accountabilities to the Suppliers
3. ___________________ 1. ___________________
Responsibilities and Accountabilities to the 2. ___________________
Government 3. ___________________
1. ___________________ Responsibilities and Accountabilities to the
2. ___________________ Environment
 1. ___________________ 3. ___________________
2. ___________________
III. Fill in the blank with the correct answer provided in the box.

1. Pay ________________ and _____________.

2. Create and maintain ____________________.
3. Enforce __________________ Law.
4. Create and maintain a fovarable __________ ____________ .
5. Respect ____________ _____________.
6. Abide by _________________ Laws.
7. Disclose _______________ _____________.
8. Provide fair __________________.
9. Ensure quality of __________________.
10. Avoid _____________.

Corruption Labor
Wages and Taxes Financial Statements
Anti-Discrimination Products and Services
Safe Workplace Human Rights
Working Environment Return on Investment

IV. Essay

1. Describe the effect of enforcing the Anti-Discrimination Law towards the employees. (5pts)
Pre-Employment Stage___________________________________________________________
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Employment Stage______________________________________________________________
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2. What are the adverse effects in the environment if the businesses neglect their responsibility towards
the environment? Sight examples of related events. (10 pts)
____________________________________________________________________________
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