Business Ethics Flashcards by Kyla Dabu

Q

People who aspire to become businessmen

A

Entrepreneurs

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

People who have established businesses

A

Businessmen

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Role in tasks that need to be accomplished

A

Responsibility

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Whatever happens to the task is on you

A

Accountability

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Salary is within PHP608-645 as per the minimum wag in NCR

A

Reasonable and Attractive Remuneration

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Work that fits your skills/expertise

A

. Assignment of Right Job

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Provided employee benefits required by DOLE

A

Provide Security of Employment

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Provided calamity loan from SSS

A

Provide Security of Employment

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Provided maternity leave from SSS

A

Provide Security of Employment

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Provide 65-year pension from SSS after a 36-month installment

A

Provide Security of Employment

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Employee benefits from PhilHealth

A

Provide Security of Employment

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Employee benefits from PagIBIG

A

Provide Security of Employment

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Provided personal tables and chairs

A

Give the Best Working Condition

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Accessibility of comfort rooms

A

Give the Best Working Condition

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Promotions

A

Provide Opportunities for Individual Development

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Seminars

A

Provide Opportunities for Individual Development

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Non-monetary and monetary benefits

A

Adoption of Welfare Schemes

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Team-building

A

Adoption of Welfare Schemes

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Free ham from Christmas Parties

A

Adoption of Welfare Schemes

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Benefits that keep you engaged and in the company

A

Adoption of Welfare Schemes

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Relationship inside and outside the company

A

Establishment of Small Industrial Relations

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Inclusion in agendas that involve you

A

Participation in Profits and Management

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Announcement of schedule changes

A

Participation in Profits and Management

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Announcement of team transfers

A

Participation in Profits and Management

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Announcement of location changes

Participation in Profits and Management

Free health checks

Well-Defined Service Conditions

Free random drug tests

Well-Defined Service Conditions

Purely monetary benefits

Adopt Incentive Wages Scheme

Compliance to the policies of DOLE

Ensure Proper Implementation of Labour Law

1. Reasonable and Attractive Remuneration 2. Assignment of Right Job 3. Provide Security of Employment 4. Give the best working condition 5. Provide opportunities for individual development 6. Adoption of welfare schemes 7. Establishment of small industrial relations 8. Participation in profits and management 9. Well defined service conditions 10. Adopt incentive wages scheme 11. Ensure proper implementation of labour law

Responsibility to Employees

1. Compliance to government rules 2. Payment of Taxes 3. Adhere the government policy 4. Not seek political patronage through unfair means 5. Cooperate with the government on economic development

Responsibility to Government

Indicated rules that cannot be broken as a company and as employees

Compliance to Government Rules

Money taken from salary (not the whole salary)

Payment of Taxes

Indicated rules that depends on a company

Adhere the Government Policy

Not Seek Political Patronage Through Unfair Means

Helping the community through the CSR and SDGs

Cooperate with the Government on Economic Development

1. To obtain loans on reasonable conditions 2. To follow mortgage rules 3. Follow business ethics 4. Proper utilization pf debt capital 5. Regular payment of installment and interest 6. Repayment of Loan

Responsibility to Creditors

The contract or agreement you need to sign

To Obtain Loans on Reasonable Conditions

Interest/Installment Basis

To Follow Mortgage Rules

What's right and what's wrong

Follow Business Ethics

Payment according to the contract

Regular payment of installment and interest

Percentage of the loan

Proper Utilization of Debt Capital

Paying back the whole loan

Repayment of Loan

1. Fair prices of goods 2. Pay in reasonable time 3. Inform about changes in market 4. Provide guarantee on the minimum price 5. Motivate indigenous supplies 6. Provide technical advice 7. Inform suppliers of future developments (are you planning to stick with your products)

Responsibilities to Suppliers

Set the exact and right amount of the prices

Fair prices of goods

Late payments

Pay in Reasonable Time

Inform the supplier about the changes in products

Inform about Changes in Market

Support local goods/suppliers

Motivate Indigenous Supplies

Know the technical skills related to the supplied goods

Provide Technical Advice

Inform suppliers about whether you plan to stick with our products

Inform Suppliers of Future Developments

Inform suppliers about changes in the company

Inform Suppliers of Future Developments

Inform suppliers about changes in ingredients

Inform Suppliers of Future Developments

1. Determination of fair price 2. Standardization of goods 3. Render good and economic service 4. Best and economic packaging of the product 5. Right and true advertising 6. Avoid adulteration, low weight measurement of products 7. Address customer complaints 8. Maintain contact with customer association 9. Follow code of conduct 10. After sales services 11. Avoidance of hoarding practices 12. Efficient Distribution

Responsibilities to Consumers

Selling prices for goods must be visible

Determination of Fair Price

Retain with the standard we gave consumer enough time to consume

Standardization of Goods

Render good and economic service

Responsibilities to Consumers

Good and eco-friendly packaging

Best and Economic Packaging of the Product

No false advertising

Right and True Advertising

Price of goods is the same as advertised

Right and True Advertising

Konting serving

Avoid Adulteration, Low Weight Measurement of Products

Make improvements or address what needs to be done in the future

Address Customer Complaints

Provide contact number or email address for customers to contact you

Maintain Contact with Customer Association

Follow what's right and what's wrong toward customer

Follow Code of Conduct

Asking for feedback via surveys

After-Sales Services

Avoid taking everything to buy low and sell high

Avoidance of hoarding practices

1. Encourage healthy competition 2. Save local environment from pollution 3. Help in activities for public utility 4. Provide employment

Responsibilities to General Public (Filipinos)

Supply and demand

Efficient Distribution

No crab mentality

Encourage Healthy Competition

Proper waste management

Save Local Environment from Pollution

Engagement of transportation, businesses, and establishments with consumers to inform that they exist to help (ex. fundraising)

Help in Activities for Public Utility

Helping people to get a job by announcing that they are hiring

Provide Employment

1. Follow rules on international trade 2. Avoid unfair competition in international market 3. Help economic development of the under developed countries

Responsibility to Global Community (International)

Follow the limit for trading

Follow Rules on International Trade

Set fair and square prices without the use of connections

Avoid Unfair Competition in International Market

Help the Philippines

Help Economic Development of the Under Developed Countries