analyzing news ,whether printed or no TV , public concerns about ethical practices doing business in the philippines usually relate to issues like emblezzlement ,accepting bribes or poisoning the environment? explain.
The public concerns about ethical practices in the Philippines generally revolve around issues related to embezzlement, accepting bribes, and environmental pollution. These issues have gained significant attention from the media and the public due to their adverse effects on the nation's development and progress.
Embezzlement is one of the most common concerns regarding ethical practices in the Philippines. In many instances, corporate managers and officials have been found guilty of embezzling funds or siphoning off company assets to enrich themselves. This unethical behavior takes a toll on public trust in businesses and destroys their reputations.
Accepting bribes is another critical ethical issue that concerns the general public in the Philippines. Bribery and corruption create an uneven playing field in business, with wealthy businessmen receiving preferential treatment for contracts and projects. It further reinforces the belief that the Philippines is a "pay to play" nation, where money and influence get things done.
Lastly, environmental pollution is a relevant ethical issue in the Philippines. With the Philippines being a natural resource-rich country, businesses have been taking advantage of its resources by polluting the environment. The mining and extraction industries, for instance, have caused environmental degradation through dumping waste into waterways, deforestation, and air pollution. These practices not only harm the environment, but they also damage the health and livelihoods of the communities surrounding the affected areas.
In conclusion, the public concerns about ethical practices in the Philippines are mainly related to issues like embezzlement, accepting bribes and environmental pollution. Businesses that lack proper ethical standards not only harm society but also damage their brand and reputation. Therefore, it is imperative for businesses to practice transparent and ethical behavior to maintain public trust and respect.
Answers & Comments
The public concerns about ethical practices in the Philippines generally revolve around issues related to embezzlement, accepting bribes, and environmental pollution. These issues have gained significant attention from the media and the public due to their adverse effects on the nation's development and progress.
Embezzlement is one of the most common concerns regarding ethical practices in the Philippines. In many instances, corporate managers and officials have been found guilty of embezzling funds or siphoning off company assets to enrich themselves. This unethical behavior takes a toll on public trust in businesses and destroys their reputations.
Accepting bribes is another critical ethical issue that concerns the general public in the Philippines. Bribery and corruption create an uneven playing field in business, with wealthy businessmen receiving preferential treatment for contracts and projects. It further reinforces the belief that the Philippines is a "pay to play" nation, where money and influence get things done.
Lastly, environmental pollution is a relevant ethical issue in the Philippines. With the Philippines being a natural resource-rich country, businesses have been taking advantage of its resources by polluting the environment. The mining and extraction industries, for instance, have caused environmental degradation through dumping waste into waterways, deforestation, and air pollution. These practices not only harm the environment, but they also damage the health and livelihoods of the communities surrounding the affected areas.
In conclusion, the public concerns about ethical practices in the Philippines are mainly related to issues like embezzlement, accepting bribes and environmental pollution. Businesses that lack proper ethical standards not only harm society but also damage their brand and reputation. Therefore, it is imperative for businesses to practice transparent and ethical behavior to maintain public trust and respect.