BUS. ETHICS

Question 1

The employer has specific responsibilities that lead to an ethical workplace and support of all of their stakeholders.

Answer 1

THE EMPLOYMENT RELATIONSHIPS

Question 2

What are the key areas for employer responsibilities?

Answer 2

1. MORAL RESPONSIBILITIES
2. LOYALTY

Question 3

Where employers offered the security of a job in exchange for commitment and loyalty.

Answer 3

LIFE-TIME EMPLOYMENT

Question 3

What are the 2 Employee Responsibility?

Answer 3

1. MUST HAVE GOOD MORAL CONDUCT
2. SHOULD OFFER AN EMPLOYER THE SAME TRUST

Question 3

• Is an umbrella term for a set of emotions that make employees feel attached to their current employer and less likely to see greener grass elsewhere.

Answer 3

LOYALTY

Question 4

Employers have to protect the health of a company and make sound business decisions that will keep employees safe.

Answer 4

MORAL RESPONSIBILITIES

Question 5

Refers to the efforts of an organisation to develop and maintain its relationships with employees – both on a collective and individual level.

Answer 5

EMPLOYEE RELATIONS

Question 6

It violates workers’ rights and contributes to the widening gap between the rich and poor. Many labor unions have also called for the implementation of a living wage, job security, and social protection for workers.

Answer 6

LABOR CONTRACTUALIZATION

Question 7

The Philippines’ most important problems and the key indicators of the weaknesses of the economy.

Answer 7

UNEMPLYMENT AND UNDEREMPLOYMENT

Question 8

Also known as “endo” or end-of-contract scheme.
It is a practice where companies hire workers on short-term contracts, which usually last for less than six months.

Answer 8

CONTRACTUALIZATION

Question 9

Contracting is the situation where corporations hire workers on 5 to 6-month contracts to avoid paying their workers benefits

Answer 9

ENDO

Question 10

Is the action someone takes to report wrongdoing at work that affects others.

Answer 10

WHISTLEBLOWING

Question 10

• Is the legal responsibility to act solely in the best interest of another party.
• Means trust, and a person with a _____ duty has a legal obligation to maintain that trust.

Answer 10

FIDUCIARY

Question 11

Are organizations formed by workers to collectively bargain for better wages, working conditions, and benefits from employers. They work to ensure fair treatment, job security, and a voice in decision-making for workers.

Answer 11

LABOR UNIONS

Question 12

Examples of ethical behavior in the workplace

Answer 12

• OBEYING THE COMPANY’S RULES
• EFFECTIVE COMMUNICATION
• TAKING RESPONSIBILITY
• ACCOUNTABILITY
• PROFESSIONALISM
• TRUST
• MUTUAL RESPECT FOR YOUR COLLEGUES

Question 13

What are the things Employers need to offer?

Answer 13

1. MORAL RESPONSIBILITIES
2. LOYALTY
3. OPENNESS