ST.

LOUISE DE MARILLAC COLLEGE OF SORSOGON

HIGHER EDUCATION DEPARTMENT

BSBA-3

BACC4-1 GOOD GOVERNANCE AND SOCIAL RES. MODULE 5

Ricky D. Gliponeo Jr.

EVALUATE: Answer the following questions: Research the questions

below. Indicate the websites.

1. What is a Code of Conduct in Business Ethics?

- A Code of C0nduct in Business Ethics is a set of guidelines for how we
should conduct ourselves professionally in our line of work, what's socially
acceptable and how teams approach problems or make decisions. A
professional code of conduct in business ethics can be used to foster a
healthy work environment and group morale by allowing us to work with
honesty and integrity.

A professional code of conduct in business ethics can help us understand

the industry or profession better, which can lead to more tremendous
success as well as more satisfaction in our job. This means that not only
does our company have a better chance of making money, but we'll also
feel like we're doing something meaningful with our time.

An ethical code of conduct in a business is important because it helps

ensure employees behave in a respectful and socially acceptable manner.
Establishing an ethical code also serves a purpose externally, too, as it
shares the values and mission of an organization with consumers,
competitors, and other professionals. An ethical code also establishes rules
for behavior, lets employees understand expectations, and serves as the
groundwork for a preemptive warning if someone violates the code.

Reference:
https://sg.indeed.com/career-advice/career-development/what-is-co
de-of-ethics
2. Who makes the Code of Conduct?
- The Code of Conduct for Businesses is made by the businesses aligned with
the laws and regulations of the government, which means that the
government has the power to enforce it on businesses and the business has
also the power to enforce it on its employees.

The government makes rules and regulations that the business’ code of
conduct must follow for a number of reasons:

● To protect people from being harmed by businesses or other organizations.

For example, if a business violates this code and causes harm to someone,
then the government might step in and help that person with their
damages.

● To protect the environment and public health. For example, if a business

violates this code and causes damage to the environment or public health,
then it may be required to fix it.

3. What are some examples of a code of conduct?

- The first example of a code of conduct is the one from Jollibee Corporation.
Jollibee Corporation, the Philippines' largest fast-food chain, has a code of
ethics that its employees must follow. The company's code of ethics is
based on the belief that "responsibility starts at home." Employees are
expected to make sure that they live up to their own standards, as well as
those of the company.

They are also required to treat customers with dignity and respect. The
company has a policy that prohibits any kind of discrimination against
people because of race, religion, gender, or ethnicity.

In addition to these requirements, Jollibee Corporation also offers benefits

to its employees such as medical coverage and retirement incentives.

Jollibee’s Code of Conduct is stated as follows:

The Company’s Code of Ethics and Business Conduct is rooted in its

strong core values of honesty, integrity, trust, and excellence. The
Company endeavors to maintain the highest standards of business ethics
as well as full compliance with all relevant laws, rules, and regulations.
As such, it ensures that a system is in place which will enable all
stakeholders: employees, vendors, franchisees, suppliers, and other
external stakeholders, to submit reports, complaints, or any other
information regarding any fraudulent, illicit or unethical activity in an
anonymous and confidential manner,
without fear of reprisal.
 The Company observes honesty and integrity in its dealings with all of its
stakeholders: government, customers, business partners, employees, and
the general public. The Company conducts its business and performs its
duties with uncompromising integrity and professionalism. The Company
considers its franchisees, lessors, suppliers, service providers, and other
outside parties as its valued partners in the Company’s growth. The
Company equally treats all its customers with respect and courtesy.

The Company’s Code of Business Ethics and Code of Discipline have been
disseminated to all directors, senior management, and employees and all
levels in the Company are responsible for and required to administer the
Code of Business Ethics, including investigating alleged violations and
determining corrective actions.

Reference:
https://www.jollibee.com.ph/investors/corporate-info/ethics-code-of
-conduct/

- Another example of a code of conduct is from the Apple Corporation. The

Code of Conduct for Apple Corporation is a set of principles that the
company uses to guide its actions. The company believes in being honest,
ethical, fair, and respectful to all people. The code also states that the
company will act with integrity throughout all areas of its operations,
including business practices and relationships with its customers.

The code is designed to be flexible so it can be updated based on future

situations or needs as they arise. This means that the code can change
depending on what's happening at any given time in the company's history.

While Apple may not have always been perfect when it came to following
its code (they were not very good at disclosing some of its practices), they
are making progress toward being held accountable for its actions now that
it's aware people care about them following the code closely enough for it
to matter.

Apple’s Code of Conduct is stated as follows:

Apple believes all workers in our supply chain deserve a fair and ethical
workplace. Workers must be treated with the utmost dignity and respect,
and Apple suppliers shall uphold the highest standards of human rights.

Anti-Discrimination

Supplier shall not discriminate against any worker based on age,

disability, ethnicity, gender, marital status, national origin, political
affiliation, race, religion, sexual orientation, gender identity, union
 membership, or any other status protected by applicable national or local
law, in hiring and other employment practices. Supplier shall not require
pregnancy or medical tests, except where required by applicable laws or
regulations or prudent for workplace safety, and shall not improperly
discriminate based on test results.

Anti-Harassment and Abuse

Supplier shall commit to a workplace free of harassment and abuse.

Supplier shall not threaten workers with, or subject them to, harsh or
inhumane treatment, including but not limited to verbal abuse and
harassment, psychological harassment, mental and physical coercion,
and sexual harassment.

Prevention of Involuntary Labor and Human Trafficking

Supplier shall ensure that all work is voluntary. Supplier shall not traffic
persons or use any form of a slave, forced, bonded, indentured, or prison
labor. Involuntary labor includes transportation, harboring, recruitment,
transfer, receipt, or employment of persons by means of threat, force,
coercion, abduction, fraud, or payments to any person having control
over another person for the purpose of their exploitation.

Supplier shall not withhold workers’ original government-issued

identification and travel documents. Suppliers shall ensure that workers’
contracts clearly convey the conditions of employment in a language
understood by the workers. Supplier shall not impose unreasonable
restrictions on movement within the workplace or upon entering or
exiting company-provided facilities.

Workers shall not be required to pay employers’ or their agents’

recruitment fees or other similar fees to obtain their employment. If such
fees are found to have been paid by workers, such fees shall be repaid to
the worker.

Reference:
https://www.apple.com/euro/supplier-responsibility/j/generic/pdf/2
021-apple-code-of-conduct.pdf

4. Who is the owner of 7/11 in the Philippines?

- Currently, Jose T. Pardo, a Filipino businessman who has been active in
various industries for more than 25 years, serves as Chairman of the Board
and Independent Director of 7-Eleven Incorporated, the Philippines’
largest convenience store chain with more than 4,000 stores nationwide.
Additionally, he is assisted by his Vice-Chairman, Jui-Tien Huang, 7/11’s
CEO and President Jose Victor P. Paterno, as well as other
 incorporators and/or directors, Wen-Chi Wu, Ching-Feng Kuo,
Tsung-Hsien Lee, Yung-Wei Lu, Jorge L. Araneta, Maria Cristina
P. Paterno, Antonio Jose U. Periquet, Jr., and Michael B.
Zalamea.

Reference:
https://www.7-eleven.com.ph/corporate/our-company/board-of-dire
ctors/

5. Why is it called Seven-Eleven?

- In 1946 the store was renamed 7-Eleven to call attention to their extended
hours of operation—from 7:00 AM to 11:00 PM, seven days a week. In
the late 1950s, Southland began to expand beyond Texas, opening 7-Eleven
stores on the East Coast. And until now, the company still has its name
which we are seeing nowadays.

Reference: https://www.britannica.com/topic/7-Eleven

6. How much is the franchise of 7/11 in the Phil.?

- 7/11 is a well-known franchise that offers many services like food,
beverages, and more. The franchise fee for 7/11 is P600,000.00 and
should be paid upon approval of the application.

The initial store supplies amount to P170,000.00

The initial merchandise amounts to P800,000.00

Construction cost amounts to approximately P2,000,000.00

Advance Rent and Deposit should be settled before the opening of the store

Total Cash Outlay ranges from P3.7 Million Pesos to P5 Million Pesos

The franchise fee is fixed but the investment fees are just an estimate
depending on the store location and other needs. All pre-operating
expenses are shouldered by the franchisee such as rent, utilities, security
guard, and other administrative expenses.

Reference: https://ifranchise.ph/7-eleven-franchise/