Business Ethics Answers Week 2-3
Business Ethics Answers Week 2-3
Business Ethics Answers Week 2-3
WEEK 2
The Core Principles Underlying Fairness, Accountability, and Transparency
in Business Operation and Stewardship
Activity 1
A: TRUE OR FALSE
1. True
2. True
3. False
4. False
5. True
B. Directions:
SITUATION FAIRNESS ACCOUNTABILITY TRANSPARENCY
1. Cindy, the treasurer, accommodates the
inquiries as to the cash on hand of their
cooperative.
2. While fixing his table, Arthur accidentally
dropped the electronic calculator provided by the
company.
3. XYZ Enterprises gave all its employees 13th
month pay.
4. Sonia and Rita fought inside the office. Hence,
both were suspended for three days.
- The lesson that we can learn from Mang Eugenio is to make the situation better than
what is given and to value the job and what it offers. Do not only act because of the benefits
that a person is wishing to acquire just like the kindness with a smile that Mang Eugenio
showed his passengers which is a genuine act of kindness. One must act because it is ethical,
and it is right. One must act because he or she wants to be ethical not because he is forced
to do it.
3. In school, how can you teach and train students in fair, honest and ethical behavior?
- Create activities that would let the students experience situations that encourages them
to do good on basis of what is morally correct and what should be done to make situations
better that would help them in the future. Be a role model to each one of what they should
become. Show or teach students that we can be ethical in both hearts and minds not only by
the words we speak but also by the actions we commit.
WEEK 3
Code of Ethics in Business
ACTIVITY 3
Ethical Issues:
in Finance in Human Resource in Sales and in Production
Management Marketing
ACTIVITY 2
Our Core Values:
Accountability-The capability to explain and be answerable for decisions and actions taken by self
and/or subordinates.
Responsibility-Being capable of making rational decisions on one’s own, therefore, being answerable
for one’s behavior.
Diversity-Embracing difference, variety or multiformity of the workforce.
Decisiveness-Making decisions that are firm and beyond doubt; leading to conclusiveness.
Leadership-Directing the performance of others in the organization and showing the way.
Our Vision: Create a World that Works Better. to look forward by providing high-quality shoes and
handbags that are worth their money, as well as unrivaled customer service
Our Values: We value each and every individual. We behave in a moral and considerate manner.
Our Mission:
develop, manufacture and market high-quality and innovative products for our consumers
through the efficient use of our resources and in collaboration with our business partners;
create a fulfilling workplace for our employees built on trust, mutual respect, and
appreciation of their diversity;
value the role we play in our communities, as a socially and environmentally committed
organization;
generate economic value through superior growth and profitability.
Our Principles:
1st: At all times, we should be truthful
2nd: Work on "the work in progress" should be eliminated.
3rd: creating awe-inspiring experiences for our users
WEEK 4
Classical Philosophies and their implications in Business Practices
ACTIVITY 1:
Philosophers Business Philosophies
Socrates “Dare to disagree”
ACTIVITY 2
1. Aristotle’s philosophy- If you are in a food industry business and you are doing well don’t
give your recipe to other people because it’s your secret to have a better business.
2. Plato’s philosophy- In the business there`s no such thing that is perfect in daily business. We
are learning different thing in daily just like someone criticize your meal and you will learn and fix
that negative thoughts on your product.
3. Socrates’ philosophy-In a business you shouldn’t keep on accepting offers for example
someone offers you a product for business and you know that it is just a waste of money if you buy it
so you should learn to disagree sometimes.
4. Immanuel Kant’s philosophy- If you are in a fast food business you need to accept feedbacks
from the customer that will help you what to change and what to implement.
5. Jeremy Bentham and John Stuart Mill’s philosophy- In a liquor business there is a 2 day
liquor ban implemented the next day so the thing is you can sell your product fast because the
majority of people benefited from it. Don’t restrict the customers if there is no ordinance yet.
A.
I have learned that Aristotle’s philosophy influences business practices in
-
I have learned that Plato’s philosophy influences business practices in
-
I have learned that Socrates’ philosophy influences business practices in
-
I have learned that Immanuel Kant’s philosophy influences business practices in
-
I have learned that Jeremy Bentham and John Stuart Mill’s philosophies influence business practices
in
-
B.
WEEK 5
The Impact of the Belief System in the Business Setting
ACTIVITY 1
A.
Religion Business practices/principles
Christianity
Strict adherence to contracts;
Compliance with regulations;
Compliance with regulations; Fair wages to
workers.
B.
Which religions are similar? In what way?
- Both Christianity and Islam are both Monotheism religions which means that both religions have
their beliefs that there is only one God that is existing. Islam is a religion that considers Allah as their
God and saviour. Christians use the Bible as their holy book.
C.
(My Religion) – Roman Catholic
Two best practices that I follow:
1. The Dignity of the Human Person and the Sanctity of Life
2. Support for the Family.
WEEK 6
Filipino Values System and Its Effect to Business
ACTIVITY 1
A.
SITUATIONS BUSINESS PRACTICES
1. The daughter of a prominent businessman fell Utang na Loob
into the pool and drowned. Good thing, a man
saw the incident and quickly saved the young girl.
The businessman-father hired him as his personal
driver.
B.
Bahala Na
-I find out about a mall sale and decides to shop to my heart’s content. I end up spending my savings
without setting aside an amount for my monthly expenses. When asked how I’ll pay for the other
bills, I shrug and says “Bahala na kung saan ko kukunin yung pera.”
Ningas-cogon
-
Mañana Habit