Lesson 3 Flashcards
refers to the duty or obligation to satisfactorily perform or complete a task that one must fulfil and which has a consequent penalty for failure.
Responsibility
refers to the obligation of an individual or organization to account for its activities, accept responsibility for money or other entrusted property.
Accountability
The main difference between responsibility and accountability?
responsibility can be shared while accountability cannot
is answerability, blameworthiness,
liability, and the expectation of account-giving
accountability
may refer tobeing in charge, being the owner of a task or event
responsibility
Responsibilities and Accountabilities to
the Employee:
Pay Wages and Taxes
Create and Maintain Safe Workplace
Facilitate Worker’s Compensation Insurance
Enforce Anti- Discrimination Law ( EEQ )
Create and Maintain a Favorable Working Environment
Respect Human Rights
Support Career Development
TRain and Educate Employees
Manage Performance
Give rewards and Benefits
Responsibilities and Accountabilities to the
Government
Observe Law, Rules and Regulations
Pay Taxes
Follow Environment Regulations
Abide by Labor Laws
Avoid Restrictive Trade Practices
Disclose Financial Statements
Avoid Corruption
Assist in implementing Socio-Economic Policies
Advise the Government
Complete Promptly Government Contracts
Contribute to Government Treasury
Contribute to Political Stability
Responsibilities and Accountabilities to the
Creditors:
Give Correct Information
Provide Fair Return on Investment
Strengthen Share Prices
Honor Fiduciary Duties
Responsibilities and Accountabilities to the
Suppliers:
Practice Fair Pricing and Licensing
Avoid Coercion and Litigation
Maintain Stability
Maintain Confidentiality
Pay on Time
Select Suppliers with discernment
There are three fundamental requirements every company must need from their
suppliers:
Legal compliance
Quality Control
Environmental Conservation
Responsibilities and Accountabilities to the
Consumers
Ensure Quality of Products and Services
Ensure Consumers Health and Safety
Provide Easy-to-Use-Products
Provide Free Training
Be fair with Prices
Be Honest in Advertising and Marketing
Be Honest in Dealings
Attend to Complaints
Service Even After Sales
Respect Customers Time
Treat Customers Well
Ensure Regular Supply
Research and Develop to increase Customer Satisfaction
Avoid Monopolistic Competition
Responsibilities and Accountabilities to the
General Public:
Be Fiscally Responsible
Consider Public Input
Take Care of the Community
Responsibilities and Accountabilities to the
Environment:
Comply with Environment Legislation
Dispose Waste Properly
Recycle
Conserve and Protect Biodiversity
Prevent and Remedy Damages to Environment
Report an incident
Use scarce Natural Resources Sparingly
It shows duties and responsibility to pay the debts (utang ) and it with
inner-self-free will ( na-loob ) the unsolicited gift or good treatment received from
other people.
An obligation to appropriately repaty the good deeds which value is impossible to
quantify or if there is a quantifiable value it may involve deeply personal internal
dimension that will usually start from one generation and continue to another
generation. In business, there are plenty of reasons that may influence the
business practices, either positive or negative outcome that may vary with ethical
issue.
Utang na Loob ( Debt of Gratitude )
To show respect, love, care and support to their elders, parents, relatives and ancestors. It upholds the affection and display courtesy to the family that most cases are likely working together in one company; living together in one house; paying the house bills
of their parents. It also take good care of one’s parents and engage in good conduct not just towards parents but also outside the home so as to bring a good name to one’s parents and ancestors.
Filial Piety
