Business Ethics and
Social Responsibility
Fast Talk
Cellphone or Book?
Wash the dishes or Wash the
clothes
Many friends or Few friends?
Start on time or End on time?
For Boys….
High heels of Flat shoes
Slacks or Skirt?
For Girls:
Polo or Long Sleeve?
Smart or Handsome?
Activity:
On the board, write some policies and
practices of the following:
School
House
Community
Relationships
Questions:
1. What can you say on the policies
you wrote?
2. Among the policies you have written, you choose
one policy that you think is the best? the least?
Why?
3. Is it necessary to have policies at
all times? Why?
4. Cite other place or organization, that has policies
aside from what were mentioned on the activity?
POLICIES
AND
PRACTICES
IN BUSINESS
WHAT IS A POLICY?
- IT IS A SET OF IDEAS OR A
PLAN FOR ACTION FOLLOWED
BY A BUSINESS, A
GOVERNEMENT, A POLITICAL
PARTY, OR A GROUP OF
PEOPLE
IN BUSINESS, IT IS
CALLED CORPORATE
POLICIES
CORPORATE POLICY
IT IS A FORMAL DECLARATION OF
THE GUIDING PRINCIPLES AND
PROCEDURES BY WHICH A
COMPANY WILL OPERATE TYPICALLY
ESTABLISHED BY ITS BOARD OF
DIRECTORS OR A SENIOR
MANAGEMENT POLICY COMMITTEE.
EXAMPLES OF
CORPORATE POLICIES
Types of Corporate
Policies
1. Conduct Policy
2. Equal Opportunity Policy
3. Attendance and Time Off
4. Substance Abuse Policy
1. CONDUCT POLICY
- IT SERVES AS GUIDELINE FOR
APPROPRIATE EMPLOYEE BEHAVIOR.
- IT ALSO OUTLINE THE PROCEDURES
EMPLOYERS MAY UTILIZE TO DISCIPLINE
INAPPROPRIATE BEHAVIOR INCLUDING
WARNINGS OR EMPLOYEE TERMINATION
EXAMPLES OF CONDUCT
POLICIES
A. PROPER DRESS CODE
B. WORKPLACE SAFETY
PROCEDURES
C. HARASSMENT POLICIES
D. COMPUTER AND INTERNET
USAGE
2. EQUAL
OPPORTUNITY
THESE ARE RULES THAT
PROMOTE FAIR TREATMENT
IN THE WORKPLACE.
EXAMPLES OF EQUAL OPPORTUNITY
POLICIES
1. DISCRIMINATION IN TERMS OF
-RACE
-GENDER
-SEXUAL ORIENTATION
-RELIGIOUS BELIEF
-CULTURAL BELIEF
2. POLICY IMPLEMENTATION
3. ATTENDANCE AND TIME OFF
IT SET RULES AND GUIDELINES
SURROUNDING EMPLOYEE ADHERENCE
TO WORK SCHEDULES.
EXAMPLES OF ATTENDANCE
POLICIES
a. AVOID BEING LATE
b. AWOL OR ABSENCE WITHOUT LEAVE
c. MINIMIZE ABSENCES
d. FILE LEAVE IF NECESSARY
e. INFORM THE SUPERIOR AHEAD OF
TIME REGARDING THE ABSENCES OR
REQUEST RESTDAY
4. SUBSTANCE ABUSE
POLICY
THIS PROHIBIT THE USE OF DRUGS,
ALCOHOL AND TOBACCO PRODUCTS
DURING WORK HOURS, ON COMPANY
PROPERTY OR DURING COMPANY
FUNCTIONS.S
EXAMPLES OF SUBSTANCE ABUSE
POLICY
a. GOING TO WORK DRUNK
b. SMOKING INSIDE THE PRODUCTION
AREA
c. GOING TO WORK DESPITE BEING
UNDER THE INFLUENCE OF PROHIBITED
DRUGS
“YOU CAN HAVE ALL THE
RIGHT STRATEGY IN THE
WORLD; IF YOU DON’T
HAVE THE RIGHT
CULTURE, YOU’RE DEAD.”
Business Policies and
Practices as applied in
Marketing, Bookkeeping, and
other fields of business
Code of Ethics
Is a guide of principles designed to help professionals
conduct business honestly and with integrity.
A document may outline the mission and values of the business or organization,
how professionals are supposed to approach problems, the ethical principles
based on the organization's core values and the standards to which the
professional is held.
Also referred to as an "ethical code," may encompass areas such as
business ethics, a code of professional practice and an employee
code of conduct.
Sample Code of Ethics
Professional conduct
We conduct all of our activities
professionally and with integrity. We
take great care to be completely
objective in our judgement and any
recommendations that we give, so that
issues are never influenced by anything
other than the best and proper interests
of our clients.
Code of Ethics in Marketing,
Bookkeeping and Reportorial
Requirements and
Documentation
Marketing Code of
Ethics
Ethical marketing refers to the
process by which companies market
their goods and services by focusing
not only on how their products
benefit customers, but also how
they benefit socially responsible or
environmental causes.
Principles of this practice include:
A shared standard of truth in marketing
communications
A clear distinction between advertising and
sensationalism
Endorsements should be clear and transparent
Consumers’ privacy should be maintained at all times
Government standards and regulations must be
adhered and practiced by marketers.
Bookkeeping Code of
Ethics
Companies hire bookkeepers to maintain one of
their most important possessions – their financial
records. Bookkeepers must be trustworthy to
handle such a responsibility and business owners
need to feel comfortable with their bookkeepers
so they can concentrate on running their
businesses and bringing in the money. To ensure
mutual respect, bookkeepers follow a code of
ethics and build a solid reputation based on
following that code.
1. Obligations
Bookkeepers have an obligation to maintain
the best interests of their clients, society and
the profession as a whole.
2. Appearance
Appearances are important to bookkeepers because
even though they may be perfectly legal and within
their rights and responsibilities as accounting agents,
they can’t afford even the appearance of impropriety.
3. Honesty
Bookkeepers are required to turn in honest
accountings of their clients’ books. Even if the
employer asks a bookkeeper to “doctor” the
books or create false entries, bookkeepers who
adhere to a code of ethics don’t get involved in
any of those types of activities.
4. Sharing
While they have an obligation to always
maintain their clients’ confidentiality and secure
proprietary information for their employers,
bookkeepers with high ethical standards share
any new information about accounting rules or
requirements with their peers.
Other policies and
practices
Confidentiality and Privacy Policies
Professional Appearance
Promoting Green Business Practices
Caring and Considerate
Ethical and
Unethical
Standards
Ethical means standards or
doing that is right and based
on moral.
Unethical means standards
or doing that are against
moral standards.
s t i c s o f a
Characteri l
Go o d M o r a
Stamoral
• A good d
ndarstandard is one that looks at the issue
as something that is very serious.
• A good standard must be grounded on good moral
argument.
• A good standard should be objective and not
subjective.
• A good standard, when violated, brings about
feelings of guilt, shame, and remorse of conscience.
• A good moral judgment must be based on facts and
solid evidence.
r a lit y o f
The Mo
t -M o t iv e
Profi
The Assumptions of Profit-Motive
•Profit-motive in business is an ethical
issue.
•Profit-motive
as an ethical issue operates
within the two important aspects of
human conduct-freedom and the structure
of business.
r a lit y o f
The Mo
fi t -M o t iv e
Pro
The Good Side of Profit-Motive
•Profit-motive
motivates people to do
something meaningful.
•Profit-motive promotes ingenuity and
cleverness in running a business.
•Profit-motive makes people productive.
•Profit-motive generates potential capital
for the business.
o r a lit y o f
The M
t -M o t iv e
Profi
The Bad Side of Profit-Motive
•Profit-motive promotes rivalry among competitors.
•Profit-motivemakes people focus only on making
money, that is, to sell as many goods as possible
without considering whether or not these products
satisfy the needs and wants of consumers and end
users.
•Profit-motive turns the businessman from being a
reflective and a questioning person because it focuses
his attention on the practical activity of making
money.
