PRELIM MANUSCRIPT

GOOD GOVERNANCE & SOCIAL RESPONSIBILITY

TOTAL: 45 POINTS

I. TRUE OR FALSE

Instructions: Determine whether each statement is true or false. If true, put a T; if false, put an F
on the line next to the statement.

1. Philosophy is an activity people undertake when they seek to understand the fundamental truths about
themselves, the world in which they live, and their relationship to the world. T
2. Principle is the term used for intellectual person who seeks wisdom or enlighten. F
3. Philosophers study about knowledge, truth and the nature and meaning of life. T
4. Socrates is the father of Western Philosophy, who said "Have the courage to disagree". T
5. "More will be accomplished, and better, and with more ease, if every man does what he is best fitted
to do and nothing else", Plato argued. T
6. Aristotle is a Greek philosopher and polymath. He's idea of philosophy was the pursuit of knowledge
through reasoning. T
7. For Aristotle, businesses are self-created mini-societies geared to one goal, which in turn serves larger
goals, which in turn serve the state and society as a whole. T
8. "To succeed in business, it is necessary to make others see things as you see them." - Plutarch F
9. Plutarch was a Greek Middle Platonist philosopher, historian, biographer, essayist, and priest at the
Temple of Apollo in Delphi and is known primarily for his Parallel Lives. T
10. Plutarch defends the view that we can know our moral progress—not to or never to be aware of our
moral progress is self-defeating. Moral progress has a practical manifestation: how we live and act in
life, especially in relations with others. T
11. Rufus believed that the soul is similarly strengthened by developing courage through enduring
hardships, and by making it self-controlled through abstaining from pleasures. T
12. Epicurus reiterate on his philosophy to keep track of your ethical progress. F
13. Epicurus says that the only thing that is intrinsically valuable is one's own pleasure; anything else that
has value is valuable merely as a means to securing pleasure for oneself. T
14. Confucius believed that leaders were expected to rule in a way that is just and moral. This view of
practice could have the potential to create entrepreneurs who perform ethical business practice. Under
Confucian values, if businesses are governed righteously, they will succeed. T
15. A business philosophy can serve as a roadmap for organizations, helping the executives and employees
understand the goals and values they are continually working towards. T
16. A business philosophy helps employees work as effectively as possible. It also encourages them to
offer the best possible customer service. T
17. Moral philosophy has nothing to do to the culture of honesty and ethical business practice and codes
created by the company. F
18. Business ethics enhances the law by outlining acceptable behaviors beyond government control. T
19. Philosophies are used in marketing fundamental ideas that guides a company's efforts to satisfy
customers and achieve organizational goals. T
20. When company's organization failed, philosophies have nothing to do with it. T
II. Application/ Essay

Read the following philosophical statement, and state how does it apply in business. (5 points
each)

1. "More will be accomplished, and better, and with more ease, if every man does what he is best
fitted to do and nothing else", -Plato
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2. "To succeed in business, it is necessary to make others see things as you see them." -Aristotle
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3. “Have the courage to disagree.” -Socrates
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4. "Do not spoil what you have by desiring what you have not; remember that what you now have
was once among the things you only hoped for." -Epicurus
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5. "To make no mistakes is not in the power of man; but from their errors and mistakes the wise
and good learn wisdom for the future." -Plutarch
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