Unit 2 Business Unit Objectives Ethics 1.Professional Knowledge Get acquainted with some important business concepts(e.g.profit maximization,free enterprise, creative capitalism,social responsibility,economic model,socioeconomic model,business ethics,etc.) 2.Reading Summarize the main ideas of a text and identify essential supporting points Understand difficult sentences (e.g.sentences with abstract meaning or ambiguous reference) ● Analyze complex or controversial issues critically (e.g. Adam Smith's theory vs.modified version of Adam Smith's theory;pros and cons of social responsibility; economic model vs.socioeconomic model,etc.)Unit Objectives 1. Professional Knowledge • Get acquainted with some important business concepts(e.g. profit maximization, free enterprise, creative capitalism, social responsibility, economic model, socioeconomic model, business ethics , etc.) 2. Reading • Summarize the main ideas of a text and identify essential supporting points • Understand difficult sentences (e.g. sentences with abstract meaning or ambiguous reference) • Analyze complex or controversial issues critically (e.g. Adam Smith’s theory vs. modified version of Adam Smith’s theory; pros and cons of social responsibility; economic model vs. socioeconomic model ,etc.) Unit 2 Business Ethics