Ethics 4.1

• FDA


  oversees registration of food, drug, cosmetics, medical devices, other substances
• Project NOAH


  technology for disaster prevention and mitigation
• Dengue prevention and control program

  reduction of dengue infection
• BLT feeding program


  feeding program through the DepEd, DSWD, DOH
• Metro festival paskong pinoy 


  holiday decor from indigenous materials to urge patronage
• People or employees 


  best assets of organizations
• Minimum wage law


  the most important law that guides enterprises in the care of the employee-stakeholders
• Minimum wage law


  entails compliance of organizations with the minimum wage law that their employees are entitled to (DOLE)
• OWWA


  protects and promotes the interest of the overseas Filipino workers (OFWs)
• POEA


  was created in 1982 under P.D 797, and reorganized under executive order 247 in 1987
• R.A 8042


  Migrant Workers and Overseas Filipinos Act of 1995; promotes the welfare and protects the rights of migrant workers
• R.A 9422


  in 2007, _____ amended the Migrant Workers and Overseas Filipinos Act of 1995, strengthening the regulatory powers of the POEA
• P.D 1586


  environmental impact statement system
• R.A 6969


  toxic substances and hazardous and nuclear waste control act of 1990
• R.A 8749


  clean air act of 1999
• R.A 9003


  philippine ecological solid waste management act of 2000
• R.A 9275


  clean water act of 2004
• R.A 9512


  environmental awareness and education act of 2008; catalyze environmental education in the country
• ECC


  certifies the enterprise's compliance with environmental laws; based on the representations of the proponent-enterprise, the project or undertaking will not cause significant negative environmental impact.
• Corporate governance 


  set of procedures designed to ensure that the company is managed in the interests of the shareholders
• Shareholders 


  owners of a corporation
• Public ownership 


  prime generator of capital that builds and sustains large corporations
• Shareholders 


  suppliers of capital
• Sarbanes-oxley act


  this law strengthens financial reporting and corporate governance for public companies
• Public companies


  corporations whose shares of stock are traded or listed in the stock market
• Business entity assumption 


  is a reality in the corporate form of business organization
• SEC


  issues the certificate of incorporation, the corporation starts to exist
• Board of directors 


  the power to bind the corporation is with its _____
• Managers


  the terms transparency, accountability, and fairness are essential principles in the organizing function of _____
• Transparency international 


  a global movement sharing one vision; a world in which people are free of corruption
• Accountability 


  employees will perform a job, take corrective action when necessary
• Fairness


  it may be measured by the equity theory
• Equity theory


  states that people assess how fairly they have been treated according to two key factots–outcomes and inputs
• Creation of jobs


  the primary role of business in economic development is _____
• Employment 


  It advances economic development and boost social indicators to satisfactory levels
• EY philippines program


  aims to recognize the inspiring men and women who demonstrate the winning vision, determination, and innovative mindset to drive economic change
• Theodore roosevelt malloch


  yale researcher; encourages people to look at the reinforcement of the foundations of the virtuous business in 'spiritual enterprise'
• Observance of business ethics


  business and industry look out for their stakeholders, assures this advancement
• Adherence to corporate governance 


  practically guarantees this progress, as the integrity of business transactions allows for dedicated investment and offers vibrant securities market
• Enterprises - engaged in or planning to invest in the activities need to check on the legal responsibilities for their specific business activities