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VIII. Find words in paragraphs 5 and 6 which have a similar meaning to these phrases.

  1. actions that break the law, an agreement or principle

  2. teach people to think, behave or feel in a particular way

  3. being chosen for a job or position

  4. continuing for a very long time

  5. accepting

  6. trying to persuade people to support

IX. Use the words from the previous exercise in the correct form to complete these sentences, translate them.

  1. Since her as CEO. she has announced plans to make 5,000 people redundant.

  2. Jeans have an….. appeal with people of all ages and social classes.

  3. The government has announced a campaign to …… healthy eating habits.

  4. The sale of these animal skins is a…. of international law.

  5. The manager has worked hard to…… discipline in the department.

  6. Although he was head of the project, he let his deputy…. the blame for the financial mismanagement.

X. Read paragraphs 7 and 8. Match the verb- noun collocations as they appear in the text, give their Ukrainian equivalents.

  1. handle

  1. credentials

  1. terminate

  1. cynicism

  1. ensure

  1. issues

  1. jeopardise

  1. a contract

  1. fuel

  1. high standards

IX. Roleplay the dialogue answering the questions:

  • Should CEOs and senior management be held legally responsible for actions taken by other members of staff?

  • What penalties should there be for companies that commit the following violations? polluting the environment

    • employing child labour

    • not providing a safe working environment

    • lying to shareholders about the financial position of the company

    • selling unsafe products to consumers

    • fixing prices

X. Practise consecutive / simultaneous translation of the dialogue.

XI. Present your translation-oriented analysis of the article business bows to growing pressures using the prompts given in unit 1.

XII. Give the sight translation (Ukrainian-English, English-Ukrainian) of the articles.

About Ethics, Principles and Moral Values

Simply put, ethics involves learning what is right or wrong, and then doing the right thing -- but "the right thing" is not nearly as straightforward as conveyed in a great deal of business ethics literature. Most ethical dilemmas in the workplace are not simply a matter of "Should Bob steal from Jack?" or "Should Jack lie to his boss?"

What is Business Ethics?

The concept has come to mean various things to various people, but generally it's coming to know what it right or wrong in the workplace and doing what's right -- this is in regard to effects of products/services and in relationships with stakeholders. Wallace and Pekel explain that attention to business ethics is critical during times of fundamental change -- times much like those faced now by businesses, both nonprofit or for-profit. In times of fundamental change, values that were previously taken for granted are now strongly questioned. Many of these values are no longer followed. Consequently, there is no clear moral compass to guide leaders through complex dilemmas about what is right or wrong. Attention to ethics in the workplace sensitizes leaders and staff to how they should act. Perhaps most important, attention to ethics in the workplaces helps ensure that when leaders and managers are struggling in times of crises and confusion, they retain a strong moral compass.

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