Chapter 7: COMMON UNETHICAL PRACTICES OF BUSINESS ESTABLISHMENTS

Deceptive packaging

Misbranding/
Mislabeling

False or Misleading
Advertising

Direct Adulteration

Weight
Understatement or
Short Weighing

Measurement
Understatement or
short measurement
Misrepresentation
Quantity
Unethical Problems understatement or
Short numbering
Over-persuasion

Caveat emptor

Deliberate
Indirect Withholding of
Information

Passive Deception
Chapter 7: COMMON UNETHICAL PRACTICES OF BUSINESS ESTABLISHMENTS

Unethical Problems

• Misrepresentation
• Over-persuasion

Corporate Management definition

Hierarchy of Corporate Management
who are they?
Their responsibilities

CORPORATE ETHICS

Unethical Practices of Corporate Management

I. Some Unethical Practices of the Board of Directors

a. Plain Graft
Chapter 7: COMMON UNETHICAL PRACTICES OF BUSINESS ESTABLISHMENTS

b. Interlocking Directorship
c. Insider Trading
d. Negligence of Duty
II. Some Unethical Practices of Executive officers and Lower-Level Managers
a. Claiming a vacation trip to be a business trip
b. Having employees do work unrelated to the business
c. Loose or ineffective controls
d. Unfair labor practices
e. Making false claims about losses to free themselves from paying the compensation and
benefits provided by law
f. Making employees sign documents showing that they are receiving fully what they are
entitled to under the law when in fact they are only receiving a fraction of what they are
supposed to get.
g. Sexual harassment
III. Some Unethical Practices of Employees
a. Conflicts of Interest
b. Dishonesty

Reporting reminders

 Provide games/Icebreaker
 Explain briefly (wag basta basahin)
 Give Example (in a metaphor way)
 Simple yet concise presentation