Unit 6 Bribery and Business Ethics
Bribery and Business Ethics Unit 6
sea warming-up Activities Stage 2: Reading-Centred Activities Stage 3: After-Reading Activities Stage 4: Listening-and-Speaking Practice
Stage 1: Warming-up Activities Stage 2: Reading-Centred Activities Stage 3: After-Reading Activities Stage 4: Listening-and-Speaking Practice
sk Warming-up Activities ce Group work Questions for thought and discussion Background information Enriching your vocabulary Comparing the following words
Warming-up Activities Group work Questions for thought and discussion Background information Enriching your vocabulary Comparing the following words
Co Group work Go over the preview, the pre reading questions and the title of the text before listening to the summary of the story and anticipate what we are going to read
Group work Go over the preview, the prereading questions and the title of the text before listening to the summary of the story and anticipate what we are going to read
to Questions for thought and discussion Listen to a short passage carefully and then answer the following questions
Questions for thought and discussion Listen to a short passage carefully and then answer the following questions
Background information Chrysler Corporation: Chrysler Corporation, founded in 1924, used to be one of the three largest American automobile manufacturers whose brands include both passenger and commercial vehicles such as Chrysler, Jeep( and Dodge. The other two largest American automobile manufacturers are General motors and ford. In addition to auto making, Chrysler is also engaged in financial services, providing loan services(mostly) to car buyers. In 1998 it merged with Daimler-Benz AG (of germany)(best known for its Mercedes-Benz brand name) to become part of the daimler Chrysler Corporation, which is jointly owned by European. U.S. and other international investors
Background information • Chrysler Corporation: Chrysler Corporation, founded in 1924, used to be one of the three largest American automobile manufacturers whose brands include both passenger and commercial vehicles such as Chrysler, Jeep® and Dodge. The other two largest American automobile manufacturers are General Motors and Ford. In addition to auto making, Chrysler is also engaged in financial services, providing loan services (mostly) to car buyers. In 1998 it merged with Daimler-Benz AG (of Germany) (best known for its Mercedes-Benz brand name) to become part of the Daimler Chrysler Corporation, which is jointly owned by European, U.S. and other international investors
U.S. Securities and Exchange Commission(SEC) A U.S. government agency, whose mission is to protect investors and maintain the integrity of the securities markets. The Commission was set up by the U.s. Congress in 1933 in response to the aftermath of the "Black Monday, the great stock Market Crash of 1929. It purpose was to restore investor confidence in the U.s. capital markets by providing more structure and government oversight. It is based on the concept that all investors, whether large institutions or private individuals should have access to certain basic facts about an investment prior to buying it
• U.S. Securities and Exchange Commission (SEC): A U.S. government agency, whose mission is to protect investors and maintain the integrity of the securities markets. The Commission was set up by the U.S. Congress in 1933 in response to the aftermath of the “Black Monday”, the Great Stock Market Crash of 1929. It purpose was to restore investor confidence in the U.S. capital markets by providing more structure and government oversight. It is based on the concept that all investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to buying it
To achieve this, the sec requires public companies to disclose meaningful financial and other information to the public, which provides a common pool of knowledge for all investors to use to judge for themselves if a companys securities are a good investment. It is believed that only through the steady flow of timely comprehensive and accurate information can people make sound investment decisions. At present the seC is comprised of five presidentially-appointed Commissioners, four Divisions and 18 Offices with a total of about 3. 100 staff
To achieve this, the SEC requires public companies to disclose meaningful financial and other information to the public, which provides a common pool of knowledge for all investors to use to judge for themselves if a company’s securities are a good investment. It is believed that only through the steady flow of timely, comprehensive and accurate information can people make sound investment decisions. At present the SEC is comprised of five presidentially-appointed Commissioners, four Divisions and 18 Offices, with a total of about 3,100 staff
International Chamber of Commerce: The aim of the International Chamber of Commerce (cC), founded in 1919, is to serve world business by promoting trade and investment, open markets for goods and services, and the free flow of capital. Its activities cover a broad spectrum, from arbitration and dispute resolution to making the case for open trade and the market economy system, business self- regulation, fighting corruption or combating commercial crime. IcC is made of a world council (its governing body) and individual national committees and groups. Individual companies, corporations, professional associations as well as individuals can also join ICC as individual members
• International Chamber of Commerce: The aim of the International Chamber of Commerce (ICC), founded in 1919, is to serve world business by promoting trade and investment, open markets for goods and services, and the free flow of capital. Its activities cover a broad spectrum, from arbitration and dispute resolution to making the case for open trade and the market economy system, business selfregulation, fighting corruption or combating commercial crime. ICC is made of a World Council (its governing body) and individual national committees and groups. Individual companies, corporations, professional associations as well as individuals can also join ICC as individual members
o Enriching your vocabulary Read the sentences carefull and guess the meaning of the italicized term in each sentence according to the context and your own experiences
Enriching your vocabulary Read the sentences carefully and guess the meaning of the italicized term in each sentence according to the context and your own experiences