The Filipino Value System and its Effect on Business

Question 1

It is a collection of cultural beliefs and principles that
influence conduct and relations in Filipino society, affecting
relationships, decision-making, and norms of society.
Understanding and honoring the Filipino Value System is
essential for effective communication, teamwork, and
business operations in the Philippines.

Answer 1

Filipino Value System

Question 2

The expression, “debt of gratitude,”

Answer 2

Utang na Loob

Question 3

describes the custom of returning favors or acts of
kindness. It strengthens the sense of obligation and
connectedness within Filipino culture by highlighting the
significance of acknowledging and returning acts of
kindness

Answer 3

Utang na Loob

Question 4

It emphasizes respect and obligation to one’s elders and
family members. It shapes relationships with family and
influences actions in both personal and professional
contexts by promoting respect, obedience, and support
for parents and ancestors

Answer 4

Filial Piety

Question 5

“patronage system,”

Answer 5

Padrino

Question 6

the practice
of obtaining an advantage or favor by gaining the support
or protection of powerful people. It frequently functions
through personal connections or relationships, influencing
social interactions, business, politics, and other facets of
Filipino life

Answer 6

Padrino

Question 7

devoted consumers or consumers who
regularly conduct transactions with a specific company.

Answer 7

Suki

Question 8

comes from the Spanish word “Mañana” which literally
means “tomorrow” or “unspecified future time”.

Answer 8

Mañana Habit

Question 9

letting things happen
beyond their control. It shows an attitude of a person that
is willing to submit everything to God or leaving things to
happen by fate. Some of investors operate business
beyond their control. They will only believe that the
market will accept it if they will “do their best and let God
do the rest.”

Answer 9

Bahala Na

Question 10

attitude that tends to delay the task, putting
off tomorrow what they can do for today or postpone on
the things that should be done right now may reduce
volume of sales,

Answer 10

Mañana Habit

Question 11

Spanish word which means self -love; a
sense of self-esteem or self respect

Answer 11

Amor Propio

Question 12

prevents a person
from swallowing his pride. In business Filipinos are not
overly fond of saying “no” and therefore a “yes” you
received earlier in the day might not actually pan out.

Answer 12

Amor Propio

Question 13

for having strong and close family ties. They
place high regard and put importance on their family before
anything else. The Filipinos recognize their family as an important
social structure that one must take care of. They give importance to
the safety and unity of one’s family. The Filipino family is so intact
that it is common for members of the same family to work in the
same business.

Answer 13

Filipino Family Values

Question 14

“crab mentality”, where individuals pull down
others to prevent their success, undermines collaboration and
hinders overall progress.

Answer 14

Negative Filipino Traits

Question 15

Refers to the duty or obligation
to satisfactorily perform or
complete the task that one
must fulfill, and which has a
consequential penalty for
failure.

Answer 15

responsibility

Question 16

The obligation of individuals or organizations
to account for their activities, accept
responsibility for them, and disclose the
results in a transparent manner is referred to
as accountability. It also includes the
responsibility for money or other entrusted
property.

Answer 16

accountabiity

Question 17

Is the relationship between a guest and a host, wherein the host receives
the guest with goodwill, including the reception and entertainment of guest,
visitors, or strangers,

Answer 17

Hospitality

Question 18

Business operates and grow not only by means of profit and
management. An entrepreneur operates business to find joy and
happiness in his life. Helping people promoting employment and
providing quality product and services to their clients create a joyful
feeling.

Answer 18

Humor, Adaptability and Creativity

Question 19

A Filipino has a sense of resourcefulness or the ability to survive with whatever
situation or challenges they have. They have an extraordinary ability to create
something out of almost nothing.

Answer 19

Resilience, Resourceful and the Ability to Survive

Question 20

Filipino businessmen placed God as the center of their business. A business man with
faith and religious for instance serves not just his customers, but all of humanity and the
planet.

Answer 20

Faith and Religiosity

Question 21

Filipinos are determined and persistent to accomplish whatever
they have set in their minds in business.

Answer 21

Hard Work and Industry

Question 22

Negative Filipino Traits:

Answer 22

Bribery and Corruption

Double Standard

General Disregard for rules

Pagtatakpan

Gossiping

Ningas-Cogon

Question 23

difference between accountability and responsibility

Answer 23

Responsibility is task-oriented. Every person on a team may be responsible for a given task that is required to complete a massive project. Accountability is what happens after a situation has occurred. It is how you respond and take ownership over the results.