UNIT 5: Business Code

Question 1

Business codes intended to

Answer 1

to develop and maintain good employer-employee relations

Question 2

why is business code formulated

Answer 2

primarily for the purpose of governing the business activities
of an industry

usually tells about the ideal relationship of the industry to the public

Question 3

business code example

Answer 3

Philippine Association of National Advertisers (PANA), entitled “A Statement of
Advertising Principles”

Question 4

true or false

The primary goal of business is moral excellence,
not profit; it calls for proficiency, and not moral virtue

Answer 4

false, primary goal is MONEYYYYY