Vocabulary tasks

Date: 2015-10-07; view: 502.

Before you read

ETHICAL ISSUES IN MANAGEMENT

READING II

Concept check

1. Do you agree with the statements? Give your reasons.

1) Ethics is understanding of regulations and how to use them in life.

2) Organization members make decisions based on rules existing there.

3) Business ethics considers behaviour of managers and employees.

4) The purpose of organizations is not a disputable question.

5) The organization that doesn't violate laws is not always socially responsible.

6) Social responsibility implies the idea of voluntary actions on the part of the organization.

7) Social responsibility covers the area of minority-hiring practices.

8) The only purpose of business is to maximize profit.

9) P. Drucker and J. Klempner supported the same view on the purpose of business.

10) The company's employees are its only stakeholders.

11) According to the stakeholder model people outside the business ought to have some influence on the company's performance.

2.Speak about the four types of social responsibility strategies. Why do companies choose one or other, or even a mix of these strategies?

Which of these words go with ‘ethics' or ‘ethical'? Complete the table.

Questionable, training, individual, issues, corporate, standards, professional, actions, medical, dilemmas, investments, principles, questions, foreign policy, code.