GROUP 1

Leader: Altoveros, Malcolm Hayes A

Group members:
Batayon, Dave Andro C.
Berja, Chary
Demonteverde, Remillaine S.
Lepitin, John Carlo N.
Namoc, Janina Rose G.
Pagaspas, Diana
Ternal, Jazyl

Personal View:

Peter is making a profit in an ethical way. Peter has the talent and skill in making a
unique and high-quality product that meets customer satisfaction. Peter did nothing illegal in
increasing his profit gain. Many will criticize his premium price for his bread but he can argue
with it and he can say that it is a fair exchange because what they will eat is unique and
high-quality bread made by him.

Peter is doing the ethical way because there is no such thing that he does that is
unethical. Furthermore, the main goal of a businessman is to maximize his profit in order to
acquire wealth. He provides goods through his skills and intelligence. Moreover, it is a strategy
to double the profit of his business and he is not forcing customers to buy his goods.

As for the religious perspective, Peter is ethical in making his profit. The Bible said that
"The laborer deserves his Wages" (1 Timothy 5:18), that if someone works hard in producing a
valuable product they have their own right to receive a fair profit or income.

Conclusion:

To sum up everything, Peter is ethically right in doing his business, he did not violate any
codes of ethics in business to make a profit. Overall, ethical practices are included in the
business. Through Peter’s skills and knowledge, he can manage to start up and sustain a good
business. With the authentic type of bread he is making, a probable conclusion can be seen by
which people tend to buy his product even with a higher price. The strategic type of business he
has done made a progressive growth not just in the person's business but also taking the
satisfaction of a customer to buy the product at a much higher price even though Peter has
double the value of the product he'd make.
Recommendation:

Our proposed recommendation is to sustain the double return investment in his business
so that he can benefit to the profit with double the amount. With this, it can help the business to
maintain the income and prevent bankruptcy. Also, continue to explore things, such as inventing
a variety of flavors that would cater to various types of consumers. With his skills and
intelligence, and proper decision making the business will grow and probably be known
worldwide. We recommend some improvements that may help the business to be more
profitable:

Investing in digital technologies, such as laminating lines and fermentation surge

suppressors has significantly facilitated the work in production. It decreases the work effort, has
efficient management of human resources, guarantees high production quality, and minimal
physical effort.

Utilize online platforms to advertise the product. As it offers consumers new means of
purchasing in the form of online stores. Not only will it garner more public interaction through
social media but it may offer up more sales potential for the business if they sell their goods
through the online store.

Lastly, the business also needs to provide business partners and include partnerships to
maintain the financial performance and financing activities. Through this, raw materials can be
easily accessible because you have a companion that supports the business.