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Summary Gr12 professionalism and ethics

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I have Summarized the NSC business Studies textbook, in which I wrote my test/finals exams.

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PROFESSIONALISM & ETHICS
Unethical issues:
Conflict of interest:
 Nepotism
 A manger dating an employee who reports to him/her.
Bribes, corruption & inappropriate gifts:
 Gift is inappropriately large- persuade someone to act in one’s favor.
Sexual Harassment:
 Unwelcomed sexual advances, both physical & verbal.
 Normally from an authority figure to a subordinate.
Unauthorized use of funds:
 Forged signatures.
 Unauthorized electronic payments.
Tax evasion:
 Person doesn’t disclose all income to SARS.
Unfair advertising:
 False labelling- incorrect information on product labels.
 Fillers- food often has filers to increase its weight.
Employment/labor issues:
 Internet, email & cellphone issues.
 Stealing from the company.
Pricing of goods:
 Rural tuck shops & spaza shops.
 Consumer protection Act (cpa), makes it illegal to inflate prices in rural areas.
Piracy:
 Unauthorized & illegal duplication of products protected by patents or copy right.
Insider trading:
 Illegal practice of buying & selling shares on the stock exchange with having “insider
confidential information”
Counterfeiting & bootlegging:
 Act of copying or imitating a product & trying to pass it off as the original.

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Schooljaar
200
Uploaded on
February 1, 2022
Number of pages
3
Written in
2021/2022
Type
Summary
R89,00

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