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The document discusses several topics related to business ethics including sexual harassment, gift-giving, bribery, workplace romance, just wages, and advertising. It defines two types of sexual harassment and explains why harassment occurs. Regarding gift-giving, it outlines factors to consider in determining the morality of gifts. The document also discusses advantages and disadvantages of workplace romance, as well as special requirements for advertising food, drugs, and other products.
The document discusses several topics related to business ethics including sexual harassment, gift-giving, bribery, workplace romance, just wages, and advertising. It defines two types of sexual harassment and explains why harassment occurs. Regarding gift-giving, it outlines factors to consider in determining the morality of gifts. The document also discusses advantages and disadvantages of workplace romance, as well as special requirements for advertising food, drugs, and other products.
The document discusses several topics related to business ethics including sexual harassment, gift-giving, bribery, workplace romance, just wages, and advertising. It defines two types of sexual harassment and explains why harassment occurs. Regarding gift-giving, it outlines factors to consider in determining the morality of gifts. The document also discusses advantages and disadvantages of workplace romance, as well as special requirements for advertising food, drugs, and other products.
Business is a productive human activity that brings beneficial
contribution to both people and society. Business produces
employment, fair deals, creativity, advancement of technology, customer’s satisfaction among others Sexual Harassment – is an issue in the corporate world that must be looked into because it can create a hostile and unhealthy workplace for the employees. For this reason, the Congress of the Philippines enacted the Anti-Sexual Act of 1995 or RA 7877 declaring sexual harassment unlawful in the employment, education or training environment, and other purposes. Why Does Sexual Harassment Occur? Sexual harassment occurs due to the power struggle between men and women as a response to a real or imagined loss of power or as an expression of retaliation or a flexing of the new power. This also happens because some organizations and managers allow it to happen. Two Types of Sexual Harassment 1. Quid Pro Quo Harassment – “this for that” (something for something) is defined as requiring a sexual favor or interaction as a condition of employment or in exchange for an employment benefit (such as promotion, transfer, pay raise and the like) 2.Harassment that Creates a Hostile Environment – abuses include verbal, physical and visual conducts that create an intimidating, offensive, or hostile environment in the workplace that interferes with work performance. This type of harassment may be based on race, religion, national origin, sex, age, mental status, veteran status, sexual orientation or disability. 1.The victim as well as the harasser may be a woman or a man. The victim does not have to be of the opposite sex. 2.The harasser can be the victim’s supervisor, an agent of the employer, a supervisor in another area, a coworker, or a non- employee. 3.The victim does not have to be person harassed but could be anyone affected by the offensive conduct. 4.The harasser’s conduct must be unwelcome. A significant step an organization can take in preventing sexual harassment in the workplace is through creating a safe, secure, and positive work environment by putting into practice a strong sexual harassment policy. • Imprisonment of not less than one (1) month but not more than six (6) months • Fine of not less than Ten Thousand Pesos (P10, 000) but not more than Twenty Thousand Pesos (P20, 000) A Just Wage is defined as that remuneration which is enough to support the wage-earner in reasonable and frugal comfort, “a just wage is the legitimate fruit of labor” Philippine Constitution and Republic Act 6727 (The workers are entitled to a living wage) The Wage Rationalization Act declared the policy of the State to rationalize the fixing of minimum wages and to promote productivity-improvement and gain-sharing scheme to ensure a decent standard of living for the workers and their families. Gift-giving is merely an act of extending goodwill to an individual in an effort to share something with them. Businesses usually engage in gift-giving for the following reasons •To show appreciation for a favor received •To effectively establish goodwill with business partners •To advertise, and •To compete effectively against competitors. Factors in determining the Morality of Gift- Giving Advertising – any paid form of non-personal presentation and promotion of ideas, goods, or services by an identified sponsor Advertising is not totally immoral. It only becomes unethical when the advertisement becomes misleading, deceptive, and manipulative. •Deceptive Advertisement •Manipulative Advertisement Philippine Laws on Advertising Consumer act of the Philippines (RA 7394) The state shall protect the consumer from misleading advertisements and fraudulent sales promotion practices. defined as a relationship between two people who are employed by the same organization. Benefits of Workplace Romance These benefits include friendship, mutual support to each other at work and other personal experiences. Employees involved in a love relationship sometimes overcome rough times at work because of mutual support and inspiration. Employees likewise tend to view work as fun even when pressures begin to pile up. Romance becomes the reason to keep their jobs. Disadvantages of Workplace Romance •Damaged Professional Reputations •Disturbed Co-workers •Changes in productivity •Dating the Boss Extramarital Affairs Survey says that more than half of married men and almost more than one-third of married women at attest falling for adulterous affairs. Reporter: Efren Ondac Jr 1.Value of the Gift 2.Purpose of the Gift 3.Circumstances under Which the Gift was Given or Received 4.Position between or the Relationship of the Giver and Receiver 5.Acceptable Business Practice in the Industry 6.Company Policy 7.Laws and Regulations Bribery The Profiles of the Victim and the Harasser Workplace Romance Sexual Harassment Ethical Issues and Problems in Business and the Corporate World The Question of Just Wage Legal Penalties of RA 7877 Special Requirement for Food, Drug, Cosmetic, Device or Hazardous Substances The following rules must be followed: a.No claim in the advertisement should be made that is not contained in the label or approved by the Department of Health (DOH) b.It is unlawful to advertise any food, drug, cosmetic, device or hazardous substance that is false erroneous impression regarding its character, value, quantity, composition, merit, or safety. c.Where a standard has been prescribed for a food, drug, cosmetic or device, no person shall advertise any article or substance in a manner that is likely to be mistaken for such product unless the product actuality complies with the prescribed standard. d.Advertisements of any food. Drug, cosmetic, device or hazardous substance may not make use of any reference to any laboratory report of analysis required to be submitted to the Department of Health. e.No advertisements for any food, drug, cosmetic, device, or hazardous substance may be allowed unless such product is duly registered and approved by DOH. Gift-Giving Bribery Factors to Consider in the Formulation of Fair Wages 1.External Market Factors – Refers to the supply and demand for labor and so called economic conditions and underemployment. 2.Laws and Regulation – Workers should be paid in accordance with laws and regulations issued by the government. It requires that employers pay at least the minimum wage. 3.Cost of Living – The cost of living relates to basic maintenance needs and it must be seriously considered in the formulation of wages. 4.Prevailing Industry Rate – Some claim that paying workers the average of what other companies are paying for the same job results in a fair wage. 5.Organizational Factors – Assessment on what type of industry the organization operates, the size of the company and the organization’s profitability to justify its ability to provide fair wages to its workers should be considered. 6.Job Factors – The nature of the job itself entails the formulation of a just wage. Duties, responsibilities, and the skill requirements of the job are probably the most considerable determinants of fair wage. 7.Individual Performances – The trend suggests that individual performances or productivity ratings affect the determination of wage/salary increases. •Misleading Advertisement do not misrepresent, do not make false claims but it makes claims such a way that a normal person looking at it comes up with the wrong conclusion Chapter 6: makes a false statement or misrepresents the product The Morality of Advertising How to Prevent Harassment in the Workplace uses trickery or by devious means.