Name: Whyljyne Mary D.

Glasanay

Gr & Sec: 12 – Luca Pacioli

Subject: Business Ethics and Social Responsibility

Week: 4-6

ILLUSTRATE HOW THESE PHILOSOPHIES ARE

REFLECTED INTO BUSINESS PRACTICES

What’s New

Activity
1. Aristotle
2. Socrates
3. Epicurus
4. Plato
5. Confucius

Self-Check!

I have understood the lesson well and I can even teach what I learned
to others.

I have understood the lesson but there are still other things that I need
to review and relearn.

I need to do additional work to be able to master the lesson. I need

help in some tasks.
Additional Activity

After doing the activities:

I noticed that the philosophies of these Classical Philosophers have
great implications on business and are the foundations of the
principles of the business ethics.
A question I have is none.
I’m not sure if I understand this lesson rightly.
I realized that since ethics is universal and the same for all,
companies should obey the same ethical rules wherever they
operate.
 EXPLAIN HOW THE BELIEF SYSTEMS INFLUENCE
BUSINESS PRACTICES

What I Know

Activity 1
Has Mr. A done anything wrong? Discuss your answer.

Mr. A should first address this in my view, or tell his manager before
he edits the time stamp, since it remains to be clear in every movement you
take in the business, even though he does have the right to do these things.

What’s New

Activity 2

As boss, I'll talk to Ms. C about such rumors and ask if she can allow
me to make an investigation to clean up her reputation and find the guilty person
who began these rumors. As we are all aware, rumors such as this will distract
all staff and cause the victim considerable harm. I would not let the gossip
decide in my name and I would certainly choose to support the right candidate
without prejudice.
What’s More

Activity 3. True or False

1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. FALSE

What I Have Learned

Activity 4
1. Ethics or Moral Philosophy
2. Business Ethics
3. Belief System
4. Judaism
5. Muslim and Non-Muslim

Self-Check!

I have understood the lesson well and I can even teach what I learned
to others.

I have understood the lesson but there are still other things that I need
to review and relearn.

I need to do additional work to be able to master the lesson. I need

help in some tasks.
Additional Activity

After doing the activities:

I noticed that religion and business have throughout history interacted
in ways that relate to and affected one another, as well as influenced
sociocultural evolution, political geographies, and labor laws.
A question I have is none.
I’m not sure if my understanding on the lesson is right.
I realized that belief system is a set of principles or tenets which
together form the basis of a religion, philosophy, or moral code.
 FILIPINO VALUES THAT INFLUENCE BUSINESS
PRACTICES

What’s In

Activity 1. Review
1. List down at least three (3) beliefs that you have learned from the previous lesson.

Christianity, Islam and Buddhism

2. Does beliefs correspond an appropriate Filipino values? If yes, what are those values? If
no, why?

Yes. As a Christian nation, Filipinos always uphold values that are based on what
the teaching of the church. Those values are our religious adherence, family solidarity,
hospitality and respectfulness.

3. What Filipino values does your family have?

The values that we practice in our family are:

A. Our religious adherence. We always put God as the center of our lives.
B. Hospitality. We always make sure that our guests will feel that they are welcome
in our home.
C. Respectful. We have this gesture of respect to our elders called "mano". It is the
placing of our elders' hand in our forehead.

4. How do those Filipino values help the society, specifically for the entrepreneurs fighting
against the COVID-19 pandemic crisis?

These values helped are very instrumental in fighting against the COVID19
pandemic specifically for the entrepreneurs because it helps them to be grounded in
whatever decisions that they will make in running their business. If these values linger in
their hearts, these entrepreneurs will not only think of their own benefits but they will also
think of the benefits of the majority.
What’s More

Activity 2. Test Your Knowledge

1. A. 6. C.
2. C. 7. A.
3. B. 8. D.
4. D. 9. A.
5. B. 10. B.

Activity 3. Evaluate

H O S P I T A L I T Y

M A

A D

Ñ H A R D W O R K

A I

N N

A B I L I T Y T O S U R V I V E
What I Have Learned?

There are a vast and variety of practices that can improve a business covered and
based from philosophies, beliefs and Filipino values system, but here are my salient
takeaways:
>Respect customers' preferences and fulfill their needs as the business won't
thrive if notfrom them.
>Work according to the values set by the business.
>Know the gap between business relationships to kinship.
>Develop a just and competitive reward system to employees in order to
foster hard work and diligence into productivity.
>Promote flexibility, adaptability and creativity by preparing contingency
plans and supporting innovation.
>Be an epitome to employees and managers in order to cultivate actions based
from rationality, develop a good sense of relationship among them, encourage
a productive working environment and most importantly, embody an ethical
and socially responsible individual to stimulate and enforce the employees in
abiding with work ethics.
What I Can Do?

Activity 4. It’s Your Turn

One of the business practices in the Philippines entails valuing

customer relationships because of "suki system" which is a distinct Filipino
value system - rooted primarily in personal alliance systems based on
commercial relationships. The business garners loyal customers from
supplier customer relationship and develops it into a regular basis through
providing quality products/services, sales, vouchers and reduced prices as
Filipinos stick and regularly buy from businesses that give them the said
provisions. As suki relationship takes time to build trust from customers and
consumers, businesses prioritize customer value and adapt to customer-
centric culture that provides focus and direction for the organization,
ensuring that exceptional value will be offered to customers as the key to
retention is customer satisfaction. Furthermore, organizations resort to
strategizing to please customers and meeting their expectations to retain them
through offering superb service, quality, image and especially, price at
reasonable costs and lessened prices as well as additional benefits to
continually loyal customers.

Self-Check!

I have understood the lesson well and I can even teach what I learned
to others.

I have understood the lesson but there are still other things that I need
to review and relearn.

I need to do additional work to be able to master the lesson. I need

help in some tasks.
Additional Activity

After doing the activities:

I noticed that Filipino Time wasn’t included in the lesson
though it is widely incorporated in Filipinos’ habit until today
which must be strictly avoided in business activities.
A question I have is that is nepotism when known is
punishable by law since it does not abide with impartiality and
equality which are the must have major business values in an
organization?
I’m not sure about the amount of impact the colonization of
Spaniards, Americans and Japanese people made its way in
assimilating and influencing Filipino business practices.
I realized that both positive and negative Filipino system of
values are incorporated in business practices. Thus, it only
depends on the people who run it to strategize and balance
things out in order to achieve the success of the business.

Assessment

1. C. 6. B.
2. A. 7. D.
3. C. 8. D.
4. B. 9. B.
5. D. 10. A.