Culminating Activity: Importance of Rules and Regulations

CULMINATING ACTIVITY
PORTFOLIO ENTRY NO. 4: COMPANY RULES AND REGULATIONS
Company rules and regulations mean a set of written policies made by the Company higher level of
authority and bound to follow all employees and stakeholders. Rules and regulations help the
organization protect from legal claims and establish a positive work environment in the workplace.
Apart from that, company rules and regulations protect employees from legal claims and secure the job.
3 Types of Company Rule and Regulation:
1. Company Rules and Regulations For Employees

2. Company Rules and Regulations For Business
3. Restaurant Rules and Regulations for Employees
Importance of Rules and Regulations

 Company rules ensure the employees’ safety and security.
 They also protect employees and the company from prosecution.
 Company rules protect employees from verbal, physical and sexual harassment in the
workplace.
 Company rules protect employee’s and consumers’ rights.
 Rules assist the organization in obeying state and local laws properly.
 Company rules & regulations reinforce the company’ goodwill and creditability, so the
company earns more money.
 They also help to provide a positive image towards the customers.
 These organizational rules are upholding the company image towards its stakeholders.
 The company rules build a secure and friendly working environment in the workplace.
SAMPLE COMPANY RULES AND REGULATION:
Company’s Policies
The Company implements and upholds the following policies:

 Conflict of Interest Policy
In business dealings with outside parties, the Company takes steps toward ensuring that
it is not subject to any actual or apparent conflict of interest. Dealings with suppliers and
service providers are observed in an impartial manner, without favour or preference, other
than the best interest of the Company.
Absence of conflict of interest is among the qualifications considered by the Nomination
Committee to determine the final list of candidates for directorships in the Board of Directors.
The Company also has internal policies on conflict of interest which apply to senior
management and to all employees.
 Material Related Party Transactions Policy
It is the policy of Jollibee Foods Corporation (the “Company”) to uphold the integrity
and transparency of related party transactions. [1] The Company shall conduct all material
related party transactions, as defined under this Policy, on an arm’s length basis, in such
manner that will inure to the best interest of the Company and its stakeholders and in
compliance with existing laws, rules and regulations. Related party transactions shall be
disclosed, reviewed and approved in accordance with this Policy, and any amendments thereto,
consistent with the principles of transparency and fairness.
 Insider Trading Policy
The Company observes the statutory rules and regulations pertaining to prohibition
against insider trading. The Company submits the required reports to the regulatory agencies
within three (3) business days from date of purchase or sale of Company’s shares by its
directors or officers. Trading in the Company’s shares is prohibited two (2) trading days from
submission of the Company’s disclosures. In practice, the trading prohibition is observed after
the Board meeting approving the matter or after the disclosure (whichever is earlier).
 Employee-Related Welfare and Benefits Policy
In addition to statutorily required benefits, employees are provided with healthcare
benefits. The Company requires its employees to undergo internal training and encourages
external training as and when related to an employee’s functions. Employees are provided with
all benefits required under the law.
 Whistle-blowing Policy
The Company endeavours to maintain the highest standards of business ethics, as well
as full compliance with all relevant laws, rules and regulations. As such, it ensures that a system
is in place which will enable all stakeholders to submit reports, complaints or any other
information regarding any fraudulent, illicit or unethical activity in an anonymous and
confidential manner, without fear of reprisal.
 Dividend Policy
The Company declares dividends on a semi-annual basis and upon approval by the
Board of Directors. The Jollibee Group has a cash dividend policy of declaring one-third of the
Jollibee Group’s net income for the year as cash dividends. It uses best estimate of its net
income as basis for declaring cash dividends.
PORTFOLIO ENTRY NO. 5: WORK IMMERSION TASK/ACTIVITIES
WEEKLY DIARY
DATE ACTIVITIES ISSUES OR RESOLUTIONS DONE

PERFORMED/ACCOMPLISHED PROBLEMS
ENCOUNTERED
May 17-21, 2021
May 24-28, 2021
May 31, 2021- June
04, 2021
June 07-11, 2021
June 14-18, 2021
June 21-25, 2021
June 28-July 02,
2021
PORTFOLIO ENTRY NO. 6: DAILY TIME RECORD
PERFORMANCE TASKS:
PORTFOLIO ENTRY NO. 4: COMPANY RULES AND REGULATION
Make a research on your chosen company rules and regulation. Print it out and put it in a long
bond paper.
PORTFOLIO ENTRY NO. 5: WORK IMMERSION TASKS/ACTIVITIES
Create your own weekly diary following the format above. Use the same date written on the
sample. Print it out and put it in a long bond paper.
PORTFOLIO ENTRY NO. 6: DAILY TIME RECORD
Using the Daily Time Record attached here, fill in the following:
Name _________________
For the Month of June 2021
A.M. Arrival: 7:30 P.M. Arrival: 12:01
Departure: 12:00 Departure: 5:00
*Please take note on the weekends 5, 6, 12, 13, 19, 20, 26 and 27 – DO NOT WRITE ANYTHING.
*Do not forget your signature under the “I CERTIFY….” Part.
* Paste the accomplished DTR on a long bond paper.
The 3 performance tasks (PORTFOLIO ENTRY NO. 4, 5, and 6) and this module will not
be submitted next week. Just make sure you will accomplish them because you will be
attaching those on your final portfolio.

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CULMINATING ACTIVITY

PORTFOLIO ENTRY NO. 4: COMPANY RULES AND REGULATIONS

3 Types of Company Rule and Regulation:

1. Company Rules and Regulations For Employees

Importance of Rules and Regulations

The Company implements and upholds the following policies:

PORTFOLIO ENTRY NO. 5: WORK IMMERSION TASK/ACTIVITIES

DATE ACTIVITIES ISSUES OR RESOLUTIONS DONE

PORTFOLIO ENTRY NO. 6: DAILY TIME RECORD

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