Good Governance Flashcards
a refusal to work organized by a body of employees as a form of protest, typically in an attempt to gain a concession or concessions from their employer.
Strike
TYPES OF STRIKES
- SIT-DOWN STRIKE
- GENERAL STRIKE
- SYMPATHY STRIKE
- UNFAIR LABOR PRACTICE STRIKE
- BOYCOTT
- PICKETING
A strike initiated by workers in one industry and supported by workers in a separate but related industry.
SYMPATHY STRIKE
Affecting all areas of labor force accross in many industries
GENERAL STRIKE
Worker show up to work but refuse to work
SIT-DOWN STRIKE
An action taken by an employer, that is believed to be inimical to the interest of an employee organization
UNFAIR LABOR PRACTICE STRIKE
known as primary
and in the latter secondary. It is a coercive
method whereby the management is forced to accept their
demands.
BOYCOTT
When workers are dissuaded from work by stationing certain
men at the factory gates, such a step
PICKETING
If picketing does not involve any violence, it is perfectly legal (re-yal or pa-ke?)
Re-yal
It is where workers report misconduct, most often seen at
work, in order to protect the public.
WHISTLEBLOWING
The misconduct must affect, or have the potential to affect,
the public, rather than being a personal grievance.
WHISTLEBLOWING
WHISTLEBLOWERS CAN BE:
—employees
—former employees
—trainees
—agency
—workers or members of Limited Liability Partnerships.
WHISTLEBLOWING COMPLAINTS TYPICALLY FALL
INTO ONE OF THE FOLLOWING CATEGORIES:
- Threat to an individual’s health and safety
- Real or potential damage to the environment
- Miscarriage of justice
- Breaking the law, which includes contractual
obligations and health and safety regulations - Criminal offence
a document compiled by an
organization which outlines their stance on whistleblowing
and offers information to workers on the whistleblowing
procedure
Whistleblowing Policy
known as primary and in the latter secondary. It is a coercive method whereby the management is forced to accept their demands.
BOYCOTT
a vital resource that both raises
awareness of and educates your staff on whistleblowing.
Whistleblowing training
is individuals selling products to the
public - often by word of mouth and direct
sales.
Network marketing
The main idea behind the MLM strategy is to promote the
minimum number of distributors for the product and
exponentially increase the sales force. (True or False?)
False (Maximum)
Participants attempt to make money solely by recruiting
new participants into the program.
pyramid scheme
The hallmark of these schemes is the promise of sky-high
returns in a short period of time for doing nothing other than
handing over your money and getting others to do the same.
pyramid scheme
The difference between a pyramid scheme and a
lawful MLM program is that there is no real product that is
sold in a pyramid scheme.(True or False?)
True
occurs when another company uses wrong or
deceptive business practices to gain a competitive
advantage.
Unfair Competition
FORMS OF UNFAIR COMPETITION
- BAIT-AND-SWITCH SELLING TECHNIQUE
- FALSE ADVERTISING
- MISAPPROPRIATION
- TRADE DRESS VIOLATION
- TRADEMARK INFRINGEMENT.
- BREACH OF A RESTRICTIVE COVENANT
- FALSE REPRESENTATION OF SERVICES OR
PRODUCTS - REVERSE PASSING OFF
9m - UNAUTHORIZED SUBSTITUTION
- TRADE LIBEL/SLANDER
- IMITATION OR COUNTERFEITING.
- BELOW-COST SELLING.
such
as substituting a lower-cost product from a different
brand for a more expensive, higher-quality product.
BAIT-AND-SWITCH SELLING TECHNIQUE
making false claims
about a product to promote it.
FALSE ADVERTISING
use of confidential
information, such as stealing a competitor’s special
formulation or other trade secrets.
MISAPPROPRIATION
such
as a non-compete clause.
BREACH OF A RESTRICTIVE COVENANT
copying the
physical appearance of a product and/or packaging
in the attempt to fool a customer into buying it.
TRADE DRESS VIOLATION
exaggerating the capabilities
of a product.
FALSE REPRESENTATION OF SERVICES OR
PRODUCTS
misrepresenting the
source of a product by failing to inform the public
who created it. This often happens when a
company removes the mark from a product and
then sells it
REVERSE PASSING OFF
rumor mongering,
such as written or verbal communications that
would ruin or harm a company’s reputation in the
industry.
TRADE LIBEL/SLANDER
In order to qualify as trade libel/slander,
the false communication must decrease the
confidence, respect, or regard in which your
business or product is held. (True or False?)
True
the practice of receiving illegally acquired funds and then passing them off as money obtained from legal sources.
money laundering
individuals or companies engaging in money laundering may seek to transfer these lawfully obtained funds to
different parts of the globe using money remittance centers, banks and/or digital payment systems. (true or false?)
false (unlawfully)
the criminal practice of processing ill-gotten gains, or “dirty” money, through a series of transactions; in this way the funds are “cleaned” so that they appear to be proceeds from legal activities.
money laundering
what are the independent stages of money laundering?
-placement
-layering
-integration
he first and most vulnerable stage of laundering money
placement
The goal is to
introduce the unlawful proceeds into the financial
system without attracting the attention of financial
institutions or law enforcement.
placement
This technique
includes structuring currency deposits in amounts to
evade reporting requirements or commingling
currency deposits of legal and illegal enterprises.
placement
The second stage of the money laundering process, which involves moving funds around the financial system, often in a complex series of transactions to create confusion and complicate the paper trail
layering
The ultimate goal of the money laundering process
integration
used to create the appearance of legality through additional
transactions. These transactions further shield the criminal from a recorded connection to the funds by
providing a believable explanation for the source of
the funds.
integration
an illegal method by which you can circumvent the tax that you pay. It is a fraudulent activity by which you reduce the income that you report or inflate the
amount of expenses
tax evasion
deliberate manipulation of the money that you make to
eliminate or reduce the amount of taxes that you owe.
tax evasion
legal method by which you can reduce your tax liability.
tax avoidance
This entails using loopholes in the legislature, or undertaking various other activities by which you can reduce the amount
that you owe taxes.
tax avoidance
idea that businesses should operate according to
principles and policies that make a positive impact on society and the environment
CORPORATE SOCIAL RESPONSIBILITY (CSR)
business model used by
companies to enhance society and the environment through concerted efforts
Corporate social responsibility
CSR was officially introduced in the _________ through
American economist and educator __________.
early 1950’s and Howard Bowen
The last 40 years, beginning the _______, saw the marked
development in CSR as companies started to be more aware of their social responsibility.
1970’s
In the _______ and ______, more companies became more responsive to the various stakeholders due to social activism.
1980s and 1990s
At the turn of the 21st century, CSR has become an
___________ of organizational strategy and rightfully so, companies do not exist in a vacuum.
integral part
who invented the pyramid of corporate social responsibility?
Archie B. Carroll
in what year the pyramid of corporate social responsibility was invented?
1991
four components of CSR
- economic responsibilities
- legal responsibilities
- ethical responsibilities
- philanthropic responsibilities
Forming the base of the pyramid. This is about ensuring that your
organization remains profitable and financially
transparent
economic responsibilities
This is also straightforward and a minimum requirement for all businesses: to obey the law.
legal reponsibilities
this extends your obligations to doing what is right and fair, even if it’s not required by law. To attend to this
responsibility, you’ll need the “moral” outlook that
Carroll refers to.
ethical responsibilities
This is the highest level of responsibility
and goes beyond any legal or regulatory
expectations. It’s about being a “good corporate
citizen,” actively improving the world around you.
philanthropic responsibilities
Their goal is to draw in
new readers and build trust using short-form videos
and viral content.
The Washington Post
Their primary focus as a
modern-day superbrand is to phase out single-use
plastic packaging for its bricks with all packaging to
be sustainable by 2025.
Lego
committed to reducing
emissions and waste along with using sustainable
design and sustainable materials in its 2030
Environmental Goals report
the walt disney company
Produces its electricity through solar
panels and wastewater and aims to have all its beer
carbon neutral by 2030.
new belgium brewing company
It also gives away $1 of every barrel sold to support its
philanthropic initiatives, values, and goals giving
away $30 million so far.
new belgium brewing company
They wanted to diversify its workforce and provide opportunities for specific cohorts. It has pledged to hire 25,000 US military veterans and spouses by 2025 as part of its socially responsible efforts. The company has surpassed targets, hiring 40,000 veterans and spouses since the launch.
starbucks
announced a mentorship program to connect black,
indigenous, and people of color (BIPOC) to senior
leaders and invest in partnerships.
starbucks
The company is
committed to reducing emissions both upstream
and downstream in its supply chain
bosch
donates up to 1.5% of its revenue to charitable
causes each year to more than 14,500 nonprofits
through philanthropy such as food banks and
incubators (plant science and renewable energy) to
hasten the speed to market for start -ups.
wells fargo
promotes health
equity and enables equitable access to vaccines
pfizer
24 weeks of paid leave
but employees can take parental leave until their
child is three years of age.
spotify
The program also allows
employees one month of flexible work when they
return to help transition from being a full-time parent
to a full-time employee
spotify
52 weeks
of paid parental leave, which can be taken any time
within a child’s early years.
netflix
They aim that
by 2030, they will have reduced their carbon
footprint by 25%. In 2021, the business announced
the first-ever plant-based bottle and has since been
refining its product and understanding how it will
align with the wider manufacturing process.
coca-cola company
funds initiatives to drive inclusion both in the company and society in the areas of Racial Equity, Disability inclusion, Gender equality, LGBTQ+ inclusion, and Veteran inclusion
For more than 30 years, they dedicated many of its efforts to minimizing its
ecological footprint
johnson & johnson
is an attitude of determination and dedication toward one’s
job.
ethics
- is both a personal and a social activity.
work
the legitimate use of our mental and bodily powers for
economic gain or profit
work
the “use” or application of
our physical powers to accomplish certain tasks.
work
ano ang trabaho ni jesus?
karpentero
St. Thomas Aquinas enumerates four purposes of work in his
own work entitled Summa Theological:
- It provides for one’s daily livelihood;
*It prevents idleness which is a source of many evils; - It curbs the rebellious flesh; and
- It enables man to give alms from his material surplus.
BASIC EMPLOYEE RIGHTS
- EQUAL WORK OPPORTUNITIES FOR ALL
- SECURITY OF TENURE
- WORK DAYS AND WORK HOURS
- WEEKLY REST DAY
- WAGE AND WAGE-RELATED BENEFITS
- PAYMENT OF WAGES
- RIGHTS OF FEMALE EMPLOYEES
- EMPLOYMENT RIGHTS OF CHILDREN
- SAFE WORKING CONDITIONS
- RIGHTS TO SELF-ORGANIZATION AND
COLLECTIVE BARGAINING
The State shall protect labor, promote full
employment, provide equal work opportunity
regardless of gender, race, or creed; and regulate
relations between employees and employers.
EQUAL WORK OPPORTUNITIES FOR ALL
every employee shall be assured security of tenure.
No employee can be dismissed from work except
for a just or authorized cause, and only after due
process.
security of tenure
refers to any wrongdoing
committed by an employee;
just cause
refers to economic circumstances that are not the employee’s fault.
authorized cause
An employee must be paid their wages for all hours
worked. If their work hours fall between 10:00 p.m.
and 6:00 a.m., they are entitled to night shift pay in
addition to their pay for regular work hours. If they
work over eight hours a day, they are entitled to
overtime pay.
WORK DAYS AND WORK HOURS
A day-off of 24 consecutive hours after six (6) days
of work should be scheduled by the employer upon
consultation with the workers.
weekly rest day
the amount paid to an employee in
exchange for the service that they rendered to their
employer. Wage may be fixed for a given period.
Wage
should be paid directly to the employee in
cash, legal tender, or through a bank.
wages
Wages shall
be given not less than once every two weeks or
twice within a month at intervals not exceeding 16
days (T or F?)
TRUE
Women are prohibited from engaging in night work
unless the work is allowed by the following rules:
industrial undertakings from 10 p.m. to 6 a.m.,
commercial/non-industrial undertakings from 12
m.n. to 6 a.m., or agricultural takings at night
provided that she has had nine consecutive hours
of rest. Welfare facilities, such as separate dressing
rooms and lavatories, must be installed at the
workplace.
RIGHTS OF FEMALE EMPLOYEES
Employers must provide workers with every kind of
on-the-job protection against injury, sickness, or
death through safe and healthful working
conditions (T OR F)
TRUE
is a process
between two parties, namely the employer and the
union, where the terms and conditions of
employment are fixed and agreed upon
COLLECTIVE BARGAINING
Collective
bargaining results in a contract called?
Collective Bargaining Agreement (CBA).
These are principles or standards of behavior that help one
to decide what is important in life based on your beliefs.
VALUES
personal or based on an outcome important to
an individual
Values
All values may not be desirable or have a moral goodness (true or false?)
true
It is subjective and personal since an individual can decide
what is important to them.
values
These are qualities that are universally or generally
considered to be good and desirable.
virtues
behaviors focused on taking action for a societal
benefit, not a personal one.
virtues
Virtues have low moral value
false (high)
ompel a person to always do the right thing no
matter the cost
virtues
refers to how an organization,
team, or individual can best achieve their goals and
objectives while using available resources
Workplace effectiveness
maximizing the time you spend at work so that you are productive when you need to be.
working effectively
HOW TO WORK EFFECTIVELY
- Keep yourself organized
2.Use a short to-do list - Create a routine
- Communicate well
- Schedule your tasks
- Prioritize your tasks
- Avoid distractions
- Use your calendar to schedule work time
- Be careful with multitasking
- Set up your next day
- Mark your progress
- Reduce your stress
