ETHICS

Question 1

is the type of business entity owned and operated by a single person. (recognized by the law

Answer 1

Sole Proprietorship

Question 2

is a business owned by two or more person who contribute resources into the entity. The partners divide the profits of the business among themselves. (under Civil Code)

Answer 2

Partnership

Question 3

is an enterprise chartered by law with most of the legal rights of a person including to conduct a business, to own and sell property, to borrow money, to sue and be sued.

Answer 3

Corporation

Question 4

Is an autonomous and duly registered
association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services.

Answer 4

Cooperative

Question 5

is the process of social and economic development in a society. Its purpose is to maintain the social and material well-being of the nation and its people with the aim of achieving The highest possible level of human development.

Answer 5

Socio-economic development

Question 6

You engage into this if you want profits

Answer 6

Business

Question 7

This refers to two or more people who work together or do business together.

Answer 7

PARTNERS

Question 8

It is an organization enjoying the rights and duties as that of an individual

Answer 8

CORPORATION

Question 9

This is what most businesses aim for.

Answer 9

PROFIT

Question 10

Ethics refer to guide what human ought to do, usually in terms of right, obligations, fairness and specific virtue.

Answer 10

Nature of ethics

Question 11

It is a behavior that is socially correct and shows understanding of and care for other people’s feelings.

Answer 11

Social Politeness

Question 12

It is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment.

Answer 12

Business Ethics (also known as corporate ethics)

Question 13

4 types of politeness

Answer 13

positive politeness
negative politeness
bald-on record
off record

Question 14

FACTS ABOUT CHRISTIANITY

Answer 14

> > God’s Love
God’s Plan
Man Is Sinful
Man Is Separated
But, there is hope
He Died in Our Place
He Rose From the Dead

Question 15

3 Major Branches of Christianity

Answer 15

1. Orthodox,
2. Catholic and
3. Protestant

Question 16

7 Charactiristics of Christianity

Answer 16

1. Seek God, not sin.
2. Fear God, not men.
3. Love God, not the world.
4. Believe God, not the deceiver.
5. Obey God, not your appetites.
6. Serve God, not self.
7. Worship God, not comfort.

Question 17

12 ethical principles:

Answer 17

1. Honesty
2. Fairness
3. Leadership
4. accountability,
5. Integrity
6. compassion
7. respect
8. responsibility
9. Loyalty
10. respect for the law
11. Transparency
12. Environmental concerns