UNIVERSITY OF FINANCE- MARKETING

INTERNATIONAL SCHOOL OF FINANCE-MARKETING

FINAL EXAMINATION

Business Ethics and Social Responsibility

Course code: 2231910006301

Lecturer: Tô Anh Thơ

22222222222 2222222222222222222222222222 22222222

22222222222 2222222222222222222222222222 22222222
2222222222 2222222222

Student’s Full name and ID: Nguyễn Lâm Linh Châu 2021008198
Nguyễn Thị Quỳnh Như 2021008212
Nguyễn Thị Diệu Thúy 2021008217

Hồ Chí Minh City, December 5, 2022

Question 1: Do you agree with the policy? Why or why not?

The policy of this company is to ask employees not to use company work for personal gain.
This is an employee code of conduct policy that helps create a more productive and safe
working environment. They ensure consistency, fairness, and help your employees know
what is acceptable and what is not. They can identify what activities could be dangerous to
employees or the organization and provide guidance to avoid those behaviors. Plus, they
reflect your company's values, making it a better environment for all employees. This
policy reflects your organization's vision, core values, and overall culture.

Not only that, this policy also helps the company prevent the risk of receiving bribes and
causing losses to the company. For example, a high-ranking employee uses his or her
position to coerce subordinates or accept bribes to do unethical work. In particular, senior
employees often have to meet partners to maintain a good relationship between the two
companies. These parties may have only one or two employees of the company so it is
impossible to know if it has integrity or not. Possible risks such as accepting bribes at the
party, signing contracts that benefit themselves but are detrimental to the company. As
such, this policy is in place to prevent unscrupulous behavior and to promote integrity and
transparency in the work of employees.

Philosophy says that "Material determines consciousness", so if the partner will give gifts
or something of great value to employees, maybe employees are overshadowed by those
material things, they will work. unconscionable and unclean in work. They will tend to
favor those who bring them benefits, so they will lose fairness, they let their emotions
dominate at work, and bad things will happen easily. For example, in the worst case, these
partners will bring low-quality goods to the company, but because of their emotions, these
employees do not check, but allow the shipment of poor quality goods to cause damage to
the company.

Therefore, I agree with this policy because it ensures fairness and transparency in work and
helps the company avoid bad damages. This policy also helps remind employees of their
ethical values at work.

Question 2: Would it be against corporate policy to accept such a gift? Give your
explanation.

It is company policy not to use company work for personal gain. Therefore, in my opinion,
accepting such a gift does not violate company policy. Because the name of the recipient
of this gift is my wife and this gift was received from the restaurant's program and not from
Mr. Hung himself, I did not use the company's work to benefit myself.
In particular, when I received the gift, I was also very surprised, I did not know in advance
that I would receive the gift through the restaurant's program. So I have no intention of
going to the party for my own gain.

I simply thought that I would go to a year-end party of the partner company to keep a good
relationship between the two companies. But when I arrived, it was an intimate party, and
I was picked up by Mr. Hung's car, so I couldn't leave right away but had to attend.
Receiving the gift was completely out of my control and I didn't feel happy when I received
it, but instead there was an ambiguity about the gift. However, I feel that accepting the gift
does not violate the policy and I cannot also return the gift because it is not polite to return
it. Since the gift was anyway, my wife participated in the program and was fortunate to
receive it, but we did not expect to receive any benefits from participating.

Although this is a pre-arranged purpose of Mr. Hung, but Mr. Hung is also one of the major
partners of the company providing materials for the company, accounting for 30%, so if he
refuses to receive and return gifts, this may cause problems. may upset Hung and will most
likely cause him to withdraw from the contract to no longer provide supplies. If so, the
company will lose a large supply. And the immediate loss of a major supplier partner will
greatly affect the company's product production process, it will cause the production line
to stop due to lack of raw materials to produce, which will causing the company great
financial losses as well as spending a lot of time looking for new suppliers of raw materials
for production, finding a new big supplier is not easy to find immediately. Therefore, I will
not return this gift and in order to avoid the reputation of taking advantage of the company's
work for personal gain, I will give him another gift of equal value to the value of the gift
that my wife gave me. received, as a gift to thank Mr. Hung for inviting my wife to
participate in the champagne opening program at the restaurant, so my wife received this
gift.Question 3: Put yourself in the position of Mr. Hung. Is his conduct is unethical?
Why or why not?

If I put it in Mr. Hung's position, it would not be unethical to invite an intimate party. The
partner also often develops relationships with suppliers, often contacting and having lunch
with sales representatives of companies, and in return for that goodwill, he himself must
also express his thanks for the cooperation. accept his products up to 30% in the company,
a pretty high percentage, so I think the hero needs to perform well diplomatically because
in work diplomacy is very important.

The fact that Mr. Hung invites his partner's employees to an intimate party cannot be
considered unethical. Because Mr. Hung only invited his partner to a year-end party, but
unfortunately that party was postponed and instead was an intimate party. However,
because of the promise and when Mr. Hung invited, the partner happily agreed, so he was
afraid that if the announcement was postponed, the partner would be unhappy and would
affect the business. Not only that, if you cancel an appointment, you will lose your
credibility and if you invite people next time, they will not agree again for fear of being
canceled again. Therefore, he was unable to tell the truth and rescheduled the appointment,
so he arranged another party as planned. An intimate party can be considered as a thank
you for receiving our products and also an apology for delaying the appointment. “We may
offer our customers and business partners reasonable meals and drinks in the course of
normal business operations. Inviting the person we are doing business with can be a good
way to establish or improve a business relationship and conduct a business meeting” from
REGAL business ethics on the issue of inviting meals. rice but do not exceed the allowable
limit.

Regarding the gratitude gift, it is a gift from the restaurant to a partner, not from Mr. Hung
personally. This gift is a reward when those participating in the program win or participate
in the program to win prizes in the opening ceremony. Maybe his wife was the lucky winner
and received a gift from the restaurant. Besides, there will be not only 1 reward, but also
many side parts for the participants. In each program, there will be a giveaway for loyal
customers and as a gratitude to customers who came to the party with a valuable gift.
Maybe the restaurant's revenue is high, so it can give valuable gifts like a high-quality
diamond-studded set of gold jewelry, assuming if the revenue is not high, there will be
parts. Allowed gifts, it is impossible for low revenue to buy gifts for high customers. For
example, CONCUNG is grateful to 11 years old to establish a shop with a Mercedes C200
Avantgarde car worth more than 1 billion VND for parents who buy goods over 1 million
to win that car. We sell and promote our products and services based on quality, efficiency,
reliability and consistency. Hung's company's products have potential in price and quality,
so my company purchases 30% main materials. With such strength and potential, Mr. Hung
does not need to use tricks such as giving gifts to win customers' hearts. He/ simply wanted
to invite his partner to the party to show his goodwill and gratitude to keep the relationship
between the two companies good.

By relying on these characteristics to gain and maintain business, we do not need to resort
to unethical or illegal means to achieve our goals. The purpose of gifts, entertainment and
party invitations in our work is to create goodwill and strong working relationships. All
gifts, entertainment and meals must be casual, reasonable to the market but not lavish and
linked to an appropriate business purpose.
Question 4: Imagine that you are the president and CEO. It means that you are both
the largest owner and decision-maker for business activities. Would it be unethical to
accept this gift? Why or why not?

If I were the president and chief executive officer, someone who is both the largest owner
and the decision maker of the business's operations. I don't think accepting that gift is
unethical. Since I am the head and decide the activities of the business, I will put the
interests of the business first.

The gift was given in the name of a champagne-opening program of the restaurant my wife
participates in. It means the gift was given by the restaurant, not by Mr. Hung. And the gift
is for my wife and not me so it's not in my interest. Maybe it's my fault that I didn't know
that the program my wife participated in had a bonus so I could be sure where the gift really
came from.

All due to my speculation that this gift is something shady, not sure if it was sent by Mr.
Hung. Therefore, if you don't receive it and return it, it will cause misunderstanding and
Mr. Hung thinks that he thinks badly of him and he will feel angry.

As the president and CEO, I must always maintain a cooperative, diplomatic relationship
with the company's supplies to ensure the company can stay afloat. The gift has been sent
anyway, if not received and returned it will be an unsophisticated thing and can make the
other party angry and humiliated. Our company has received the supply from Mr. Hung,
which means that Mr. Hung's materials are very quality and reasonable in price, so our
company has purchased up to 30%. If Mr. Hung may cause difficulties for the company's
business, such as withdrawing the contract to not supply materials anymore and the
company will lose a fee and materials to maintain operations. As a partner supplying up to
30%, it is possible that Mr. Hung understands the supply and how to maintain the
company's operations and can disclose it to a rival company.

Therefore, I only accept the gift to ensure the benefit of the company, not for my own
benefit because this gift is basically sent to me by surprise and I have no reason to refuse.
and in good conscience I will not do harm to the company and my acceptance of the gift
does not violate company policy.

I will still accept the gift and will buy a gift of equal value to give back to Mr. Hung's
family as a thank you for inviting me and my wife to the party and fortunately received a
gift from Mr. restaurant. This work is both subtle and does not cause friction between the
two parties.