business-ethics-wk-6-230514052715-31c98ab3.pptx

Business ethics refers to the moral principles and standards that guide a company's behavior. Essentially, it's about doing the right thing in business operations. Here's a breakdown:

Core Idea:
It involves applying ethical principles to business decisions and actions.
It goes beyond simply following the law, encompassing moral obligations.
Key Aspects:
Honesty and Integrity: Being truthful and maintaining strong moral principles.
Fairness: Treating all stakeholders (customers, employees, suppliers, etc.) equitably.
Responsibility: Being accountable for actions and their impact on society and the environment.
Compliance: Adhering to laws and regulations.

1. THE INFLUENCE OF FILIPINO VALUE SYSTEM IN BUSINESS PRACTICES

2. Define and identify the characteristics of the different Filipino Value systems in business; 01 02 OBJECTIVES 03 Infer how Filipino value system influence business practices; explain the major Filipino values affecting business; and Value the effects of the Filipino value system in business practices.

3. H INDUISM

4. CHRISTIANITY

5. ISLAM ALLAH MECCA

6. JUDAISM TORAH

7. BUDDHISM FOUR NOBLE TRUTHS The Eightfold Path

8. CONFUCIANISM GOLDEN RULE

9. TAOISM

10. SHINTOISM KAMI JAPAN

11. ORMA PIOORP AMOR PROPIO

12. PAONRID TEMSYS PADRINO SYSTEM

13. AMAÑAN ITHAB MA ÑANA HABIT

14. IKIKPAGAPWAKAP ATO PAKIKIPAGKAPWA TAO

15. ALILFI ETPIY FILIAL PIETY

16. It is defined by the way people live with their family as an influence of one’s culture. It refers to the set of values or the value system that a majority of Filipinos have historically held important in their lives It includes its own unique collection of consistent ideologies, moral codes, ethical practices, etiquette, and cultural and personal values that are encouraged by society and can be applied in business. What is the Filipino value system in business all about?

17. One can say that Filipino business values are greatly affected by family-oriented laws prevailing in the country.

18. D ifferent value systems

19. BAHALA NA It is a principle used when a person does not know what to accomplish or is too slothful to do anything at all. It may show that the Filipinos are free-spirited and that they put their life in fate’s hand. Not everyone has the entrepreneurial spirit. One can understand all the business metrics. The numbers and the system but one would still have to be willing to take on the risks. How does this Filipino Value influence Business Practices? (TRUST IN GOD)

20. Utang na Loob One does not fail to remember the fine actions that others may have done. It is at times abused by those who have done well to others. With this system people are forced to do something in exchange for what others do in favor. Utang na Loob may be good or bad for business depending on a lot of considerations, but it affects the way business is conducted especially when the business person is confronted with ethical issue. How does this Filipino Value influence Business Practices? (debt of gratitude)

21. Ningas Cogon Signifies Filipinos’ way of eagerness only at the beginning but then quickly losing enthusiasm soon after to continue it, or the lack of follow-up Initial show of enthusiasm over a project during its beginning and the waning of this interest over the project over time. Similarly, the energy level of the worker lowers in the course of the project, hence, work slows down How does this Filipino Value influence Business Practices?

22. Padrino System Padrino System or patronage in the Filipino culture and politics is the value system where one gains favor, promotion, or political appointment as opposed to one's merit. Someone gains favor or promotion through family affiliation (nepotism) or friendship (cronyism), as against to one’s worth It has been the root cause of many controversies and corruption How does this Filipino Value influence Business Practices?

23. Amor Propio It is a sense of self or self-respect that stops a person from swallowing his pride. It includes sensitivity to personal insults or offends. Filipinos are not overly fond of saying “no” and therefore a “yes” you received earlier in the day might not actually pan out. It is the individual’s highly emotional reaction to protect his honor and dignity when there are threatened or questioned and to retaliate. How does this Filipino Value influence Business Practices? (self-love)

24. Mañana Habit Putting something off until another time. this habit has made Filipino become lazy and less efficient in doing task pertains to the belief or practice that it is alright to postpone work or finish tasks to another day. Instead of finishing the task at hand, one opts to rest or engage in leisurely activity How does this Filipino Value influence Business Practices? (Procrastination)

25. Delicadeza (Daintiness) An act of being refined or delicate in tastes or manners At work or in the business, one should practice proper decorum or have a strict adherence to what is right, moral or ethical. How does this Filipino Value influence Business Practices?

26. Hiya (Shame) A sense of social propriety and conforming to societal norms of behavior. Filipino believe they must live up to the accepted standards of behavior and if they fail to do so they bring dishonor not only upon themselves but also upon their family. If someone is publicly embarrassed, criticized, or does not live up to expectations, they feel shame and lose self-esteem How does this Filipino Value influence Business Practices?

27. Pakikisama/ Pakikipagkapwa Tao It is treating others with respect and dignity as an equal and not someone below individual. In business, it is a practical translation of one’s loyalty because the intention is to offer things and services of value to others to get better their standards of living. How does this Filipino Value influence Business Practices?

28. Family Orientation The Philippines is known to be a family-centered nation. The Filipinos recognize their family as an important social structure that one must take care of. Not surprisingly, most business organizations have the Filipino family as their model Families are typically conservative in the amount of debt they accumulate, reducing the risk of the business facing financial difficulties due to being over-leveraged. Family businesses are able to make decisions quickly because the owners and managers are often the same people. How does this Filipino Value influence Business Practices?

29. Filial Piety It is a virtue of respect for one’s parents, elders, and ancestors. It is understood as essential to maintain the collective face of the family and to avoid experiencing hiya. The Filipino family is so intact that it is common for members of the same family work for the same company. How does this Filipino Value influence Business Practices?

30. Suki System “Suki” is a distinct Filipino value system that is rooted primarily in personal alliance systems based on commercial relationships. Suki relationship usually takes time and many business transactions to be solidified, suggesting a suki-like relationship and backing it up with concessions could be used as a measure to build trust and the very least hasten the development of a suki-like arrangement How does this Filipino Value influence Business Practices?

31. OTHER FILIPINO VALUES Bayanihan Palabra De Honor Frugality / Pagtitipid Hospitality Creative Resilient Adventurous / Pakikipagsapalaran

32. ACTIVITY TIME!

33. You were fired from your work, so you want to get a new one because you feel humiliated to be dismissed from that position. It happens that your dad is a politician. You talked to him, and ask for help and instantly, he called for a friend who owns a business. His friend asked your dad to tell you and apply for a position in his business immediately. What value system is in this situation? ANALYZE THE SITUATION 1 “

34. An abandoned wife refuses to receive financial support from a husband who has deserted her, no matter how financially destitute she is on that basis. What value system is in this situation? ANALYZE THE SITUATION 2 “

35. An employee was told by his supervisor to prepare a proposal for tomorrow’s meeting with a client. His friend called and asked him to go out with him for a night. At first, he refused because of the paper that he had to finish. But it happens that his friend went to his house to pick him up. His wife asked him not to go because of the unfinished report. So he said he was going to do that later when he got home. Unfortunately, when he got home, he figured out that he had left his laptop charger in the office, and that all the files he needed for the proposal were on his laptop. The report is needed at 8 o'clock in the morning. What value system is in this situation? ANALYZE THE SITUATION 3 “

36. 1. What Filipino value system is rooted primarily in personal alliance systems based on religion? A. Amor Propio B. Bahala Na C. Filial Piety D. Padrino System 2. What is the best translation for Amor Propio ? A. Self-care B. Self-love C. Self-disrespect D. Self-discipline 3. Which of the following is NOT considered a Mañana habit? A. Nepotism B. Damaged reputation C. Missed opportunities D. Reduced efficiency 4. What are we referring to if we talked about the set of values that the majority of the Filipinos have historically held important in their lives? A. Filipino Culture B. Filipino Tradition C. Filipino Value System D. Values Education 5. What Filipino term are we referring to loyal customers? A. Amor Propio B. Cronyism C. Nepotism D. Suki

37. 6. Which of the following is NOT true about Bahala Na? A. Bahala Na has been loosely translated as “come what may.” B. Bahala Na is understood as essential to maintain the collective face of the family and to avoid experiencing hiya. C. Bahala Na is a distinct Filipino value system that is rooted primarily in personal alliance systems based on religion D. It is an attitude of just letting things happen instead of doing something to make things happen is not a genuine “ Bahala Na” value. 7. What is the other term for Padrino? A. Come what may B. Reciprocity C. Palakasan D. Self- love 8. What is the other term for “utang na loob ”? A. Come what may B. Reciprocity C. Palakasan D. Self- love 9. What do we call the act of hiring friends regardless of qualifications? A. Cronyism B. Nepotism C. Reciprocity D. Suki 10. What do we mean by “ balat sibuyas ”? A. Being strong C. Extreme sensitivity B. Patronage D. Procrastination

38. 11. Which of the following is NOT TRUE about “utang na loob ”? A. May be good or bad for business depending on a lot of considerations. B. When you start avoiding things it can interrupt the workflow in your business. C. It is a duty to repay a person who has done one favour in an acceptable manner. D. This is a cycle that starts with an unsolicited gift and sometimes continues into the next generation. 12. What is the other term for procrastination? A. Being strong B. Extreme sensitivity C. Mañana Habit D. Patronage 13. What do you call these two emotional norms which govern our sense of propriety and self-esteem? A. Delicadeza and Amor Propio B. Nepotism and Cronyism C. Palakasan and Patronage D. Self-esteem or Self- respect 14. What is this act of being retired or delicate in tastes or manners or how to behave rightly in all situation? A. Delicadeza B. Nepotism C. Palakasan D. Balat Sibuyas 15. Which of the following is TRUE about filial piety? A. the Filipino family is so intact that it is common for members of the same family work for the same company. B. the Filipino family is not intact that it is common for members of the same family work for the same company. C. it is referred to as the Filipino version of fatalism, that is, leaving everything in the hands of fate. D. The Filipinos are not particularly fond of saying "no" and thus the "yes“ you got earlier in the day might not actually be working out.

39. THANKS! Please keep this slide for attribution Does anyone have any questions?