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What are the policies that you have

in school?
How about in community?
Common Practices in Business
Most organizations have policies relating to matters
that are not regulated by law, but which are based on
standards set by the employer to ensure a high standard of
behavior in the workplace. There are policies that deal with
employees’ behavior at work (and out of hours) as well as
their responsibilities towards the employer and to the
company property
Policies can deal with such matters as fighting,
language, dress standards, alcohol, drugs,
confidentiality, other employment, maintaining the
workplace, the borrowing of company property,
theft, and statements to the media
The code of conduct is also referred to as the code of
ethics. It is a set of principles designed to guide workers
to conduct themselves with honesty and integrity in all
actions representing the company
The word decorum has origins in Latin, coming
from words like décor and decorus which have to do
with beauty or what is pleasing to the senses. In
ordinary English, the word is used to mean the
appropriate conventions of dress and conduct
required in specific situations. For example, anybody
who attends the opera is expected to have a
particularly high level of decorum.
Marketing management is the organizational
discipline which focuses on the practical application
of marketing orientation, techniques and methods
inside enterprises and organizations and on the
management of the firm’s marketing resources and
activities
Bookkeeping is the recording of financial transactions and
is part of the process of accounting in business.
Transactions include purchases, sales, receipts, and
payments by an individual person or an organization /
corporation.
It is usually performed by a bookkeeper who records
the day-to-day financial transactions of a business
Reportorial Requirements and
Documentation pertains to documents that the
company has to keep and develop on a regular
basis like reports which are stipulated by laws
such as the Securities Regulation Code and
Corporation Code of the Philippines
Policies are guidelines developed by an
organization to govern its actions. It is a
deliberate system of principles to guide decisions
and achieve reasonable outcomes
Activity 1: Directions: Read each statement below and write Yes if
you agree with the statement and No if you disagree. Explain your
answer.
1. Do you think the social responsibility of business is to increase its
profits as long as it stays within the rules of the game?
2. Do most people in business deliberately break the law and engage
in unethical conduct?
3. Is it true that nowadays, people are only concerned with value ,
not so much with values? Do companies really need to create
policy?
4. Are there factors to consider in creating a policy?
Activity 2: Let this Picture Talk!
Directions: Analyze the picture below and
respond to the questions that follow
1. What common practice is conveyed in the picture?
2. What feelings and thoughts come into your mind
when you see the picture?
3. Cite other reasons why policies are important in every
organization.
Activity 3
Directions: Inside the box are some conditions included
in policies. Choose at least 3 conditions which you think
are most important to you and then explain why.
attendance punctuality
promotion transfer
training probation
absenteeism performance review
Group Activity 4

Think of what line of business do you want in


the future.
Make your own company/business name
Make a code of ethics of your business
ASSESSMENT
1.It is a set of principles designed to guide
workers to conduct themselves with honesty
and integrity in all actions representing the
company.

A. Bookkeeping C. Marketing Management


B. Code of conduct D. Policies
2. The organizational discipline which focuses
on the practical application of marketing
orientation, techniques and methods inside
enterprises and organizations and on the
management of the firm’s marketing resources
and activities
A. Bookkeeping C. Marketing Management
B. Code of conduct D. Policies
3. The recording of financial transactions and
is part of the process of accounting in
business.

A. Bookkeeping C. Marketing Management


B. Code of conduct D. Policies
4. Guidelines developed by an organization to
govern its actions.

A. Bookkeeping C. Marketing Management


B. Code of conduct D. Policies
5. Pizza Kantina, one of known business in
Alfonso employs different practices in their
business. Which of the following is TRUE
about policies.
I. A guidelines developed by an organization to
govern its actions.
II. It is a deliberate system of principles to guide
decisions and achieve reasonable outcomes
III. The recording of financial transactions and is
part of the process of accounting in business.
A. I only C. II and III
B. I and II D. III only
6. Every business/ organization must have their own
common practices. And this may help
in their daily transactions. What is/are the common
practices in business?
I. Policies III. Bookkeeping
II. Marketing Management IV. Documentation

A. I only C. I, II and III


B. I and II D. IV only
1. B
2.C
3.A
4.D
5. A2 B3 C1 D0
6. A1 B2 C3 D0

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