refers to income determined by market dynamics, work experience, education and skill.
-is the wage level that is high enough to attract workers but low enough to enable employers to
offer employment.
justified wage
"Power corrupts and absolute power corrupts absolutely."
Feeling powerful, the individual becomes sharply attuned to rewards in the environment and quickly grasps what goals define any situation. At the same time, surges of power make him or her less aware of the risks that attend any course of action. This experience of power propels the individual forward in one of two directions: toward the --- ---- --- and impulsive and unethical actions, or toward benevolent behavior that advances the greater good.
Abuse of power
-----action, also called -----, or simply ----, is a work stoppage caused by the mass refusal of employees to work. A ----- usually takes place in response to employee grievances. The word "------" was first used in the 1700s,
Labor Strikes
A is something of value given without the expectation of return;
gift
a ------ is the same thing given in the hope of influence or benefit.
bribe
According to Investopedia, --- --- ---- occurs when a corporation or person becomes unreliable because of a clash between personal and professional affairs.
Conflict of Interest
------- ------ is an unwelcome sexual advance, unwelcome request for sexual favors or other unwelcome conduct of a sexual nature which makes a person feel offended, humiliated and/or intimidated, where a reasonable person would anticipate that reaction in the circumstances.
Workplace Sexual Harassment
There are two forms of sexual harassment:
------ Perhaps the most overt type of sexual harassment, this typically involves a superior or manager who promises benefits, such as a higher position or better pay, only if the employee provides a sexual favor.
Quid pro quo (in exchange, trade-off)
There are two forms of sexual harassment:
2. ------ This type of harassment can unfold between all levels of employees, not necessarily just between a superior and a subordinate.
Hostile work environment
is the process of finding and hiring the best-qualified candidate from within or outside of an organization for a job opening, in a timely and cost-effective manner.
Recruitment of Candidates
refers to upward movement in present job leading to greater responsibilities, higher status and better salary.
Promotion
Types of Promotion:
----- when an employee is shifted in the same category. For example, A junior clerk promoted to senior clerk is such an example.
Horizontal promotion
Types of Promotion:
----- this is the kind of promotion when an employee is promoted from a lower category to higher category involving increase in salary, status, authority and responsibility.
Vertical Promotion
Types of Promotion:
------ when promotion is made without increase in salary. For example, a lower level manager is promoted to senior level manager without increase in salary or pay.
Dry Promotion
is the release of an employee against his or her will.
Employee termination
Ethical marketing decisions and efforts should meet and suit the needs of customers, suppliers, and business partners. Unethical behavior such as price wars, selective advertising, and deceptive marketing can negatively impact a company's relationships.
means a set of well-defined principles which govern the ways of communication taking place between the seller and the buyer.
Ethics in advertising
, regardless of the product offered or the market targeted, sets the guidelines for which good marketing is practiced.
Marketing ethics
is a strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits' sales; the recruits are known as a distributor's "downline."
Multi-level marketing
, which use money from new recruits to pay the people at the top, often take advantage of people by pretending to be engaged in legitimate multi-level marketing.
Pyramid schemes
is the process of creating the appearance that large amounts of money obtained from criminal activity, such as drug trafficking or terrorist activity, originated from a legitimate source. The money from the illicit activity is considered dirty, and the process "launders" the money to make it look clean.
Money laundering
The Anti-Money Laundering Council (AMLC) Philippines is the government agency tasked to implement the provisions of Republic Act No. 9160, also known as the
"Anti-Money Laundering Act of 2001" (AMLA), The AMLC is mandated to protect and preserve the integrity and confidentiality of bank accounts and to ensure that
the Philippines shall not be used as a money laundering site for the proceeds of any unlawful activity.