Filamer Christian University

Senior High School

Accountancy Business Management

BUSINESS ETHICS & SOCIAL RESPONSIBILITY

12 Core Principles of Business Ethics:

1. HONESTY
 Not only employees must be honest to the company, but also the company must be honest to the
quality of products or services offered to the customers.

2. INTEGRITY

 Integrity- is the quality of being honest and having strong moral principles. Sincere, fair, trustworthy.
 Having a high level of integrity means that the company has earned the trust of its stakeholders because
it has been consistent in all of its actions, decisions and character.
 No pretensions.
 The company admit mistakes
 If you are the manager, you fight for what is right and true.

3. KEEPING PROMISES
 Promise is a promise. You must keep your word and always ensure these promises are not broken.

4. LOYALTY
 If you are working in a company, you must be loyal. You cannot work well if you are not loyal, right?
 If ever you decide to leave the company, if you are not happy anymore, the company should give a race
period so they can find somebody to replace you.
 It is important also to keep the company information confidential once you leave the company. It is your
respect to the people whom you previously worked with.

5. FAIRNESS
 Fairness is a behavior without favoritism or discrimination
 You should act fairly. Don’t take advantage of other people’s weakness
 You should be open-minded

6. CARING
 You are concern and sincere to others

7. RESPECT
 Respect is not imposed but earned. (impose meaning, you are not force to do it)

8. OBEYING THE LAW

 If you are working in a company, you must obey the rules. You must follow the rules of your company. If
you are the manager, you must set as a good example in following policies, rules and regulations.
9. EXCELLENCE
 Employees should strive to achieve excellence in all their tasks.
 If you will be employed, your work must be excellent and quality.

10. BEING A LEADER

 If you are the manager, you must show leadership to your customers and employees. Leadership should
be guided by ethical principles and standards.

11. MORALE
 Morale means you are disciplined as a person.
 Being ethical boosts employee’s morale. This enhanced image of the company greatly helps in the
company’s business dealings.

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12. ACCOUNTABLE
 Being accountable means being responsible for one’s actions. Whatever it is, there should be
acceptance of the consequences of any decision made. There is no turning back or blaming others
whenever a wrong decision is made.

Prepared by:

MRS. SHAYNE G. BARTOLO- MBA

Lecturer