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BUSINESS ETHICS AND C.

Padrino or patronage refers to values in


SOCIAL RESPONSIBILITIES Philippine culture, commerce, and politics
where favors, promotions, or political
appointments are recognized through
LM 6-1 family ties or updates. please explain.
Filipino Value System Influences Friendship over merit. Both in government
Business Practices and business, the Padrino system in the
Philippines has been the subject of
In this theme, you will learn more about numerous scandals and corrupt practices.
how Filipino business practices are The Padrino system is clearly bad for
influenced by values. I try to explain the business, especially when businessmen face
unique Filipino values in relation to the moral dilemmas. The Padrino system does
business environment. To make this lesson not serve as a basis for ethical business
more effective, prepare your workspace. decisions.

If you want to fully understand the thinking D. Suki - In Filipino, the word "suki" is a
behind these value systems, please read term that describes an avid consumer. This
and understand the concepts provided. supposed "market exchange partnership"
could evolve into a contract that could be a
Filipino values and their impact on business consistent buyer and seller.

a Utang na Loob, or duty to be grateful, Retailers know that happy customers are
refers to the idea of remembering good loyal customers. Therefore, customer
deeds others may have done for oneself, satisfaction is critical to the sustainability of
especially in times of great need. Some any business, large or small. When the
abuse this duty of gratitude by demanding customer buys again, the retailer makes
favors and goods that are unfair or beyond plans to nurture the customer relationship.
the means of the indebted. Business owners strive to meet and exceed
B. The virtue of honoring parents, elders, expectations by meeting customer
and ancestors is called piety. Filipinos are demands. Customer expectations of
formally trained in manners and respect. products and services. This increases your
This is also the result of religious influences chances of getting Sukis. Ethics can be
teaching people to respect elders and beneficial or detrimental to a business,
parents alike. Filipinos use the pronouns depending on many factors, but it affects
'po' and 'opo' to show respect for their how it is carried out, especially when
elders when talking to the elderly and businessmen face ethical dilemmas. 
elderly. Depending on several factors, filial A. Bahala Na is loosely translated as “come no
piety can be beneficial or detrimental to matter what” and is known as the Filipino
equivalent of fatalism, which means to leave
your business
everything in the hands of fate. However, the
But it definitely affects how we do business,
word 'baharana' actually comes from 'batalana',
especially when entrepreneurs face ethical which means 'god'. Therefore, ``Bahalana''
dilemmas. literally means ``Leave things to God'', ``I have
done my part''.
Some people misuse the term 'bharana' to refer
to one's sense of hopelessness and acceptance
of one's fate. It can also be used to describe a
person's lack of knowledge or general inaction.
In contrast, the spirit of 'Bhaharana' gives one
the courage to face challenges and
unpredictability, just like any other business
activity.

B. The term "maana custom" refers to


postponing or postponing to tomorrow what
might be done today. The Spanish word 'maana'
literally means 'tomorrow' or 'undefined
future'.
punctuality and delay
The Filipino sense of time is related to the
"Manana Customs". Philippine time differs from
standard time by minutes or even hours. In
other words, Filipinos are often late for
appointments and gatherings. This practice
causes missed opportunities, makes
relationships difficult, and prevents others,
including foreigners, from participating in
activities that may be beneficial. Being late as a
"good habit"
Definitely undesirable behavior that belongs
outside the office.

C. Amor Propio or "self-love" is a Latin


expression. Amour propio refers to a person's
self-esteem and personal worth and qualities
worthy of admiration and respect. It can also
refer to an exaggerated sense of superiority or
extreme pride. Filipinos are experiencing
pressure to achieve the economic status quo of
their society. A sign of this is willingness to pay
more than you can afford at a party so as not to
embarrass yourself with your financial situation.

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