Ethics in business

by bendada Fri Dec 02, 2016 7:23 pm

Third Year /Literary Stream
                        Time: 2 hours
                                                  Second Term Exam

Part One: Reading                                                                                                    (15pts)
A. Comprehension :                                                                                                (7pts)
Read the text carefully then do the following activities.
      Business ethics is knowing right from wrong in the workplace setting. It concerns the effects of products and the needs of people who have an interest in the company (called stakeholders). Business ethics also focuses on the well-being of everyone because of the power over society that modern businesses hold.
     Consider why you should be ethical. Sometimes it’s easier and more lucrative to act unethically in business. So why act ethically? For the same reasons you stop at red lights when driving, even when no one else seems to be on the road. Following the rules makes doing business safer for everyone, including yourself. However, often being ethical goes beyond established rules and laws.
      Learn the ethics "rules of the road." While it is true that some of ethics are grey areas and several philosophies prescribe different solutions to ethical problems, there are some basic ethical ideas. Some of these ideas include not hurting anyone (physically or emotionally), telling the truth, acting fairly, contributing to society and refraining from prejudice. Thinking through the consequences of actions is the hallmark of an ethical businessperson.
     Find out the origin of mistakes in business ethics. Ethics is not the “good people” versus the “bad people”, it’s ethical actions versus unethical actions. To understand ethics, you must understand what causes people to take unethical actions. It’s true that some people act unethically for both personal gain and because they don’t care about the impact of their actions. However, more often unethical actions come from employees who are confused, fatigued or stressed.
                                                                                   By Roslyn Frens ; WWW.eHow.com
1. Are these statements true or false? Write T or F next to the letter corresponding to the statement.
a. To be ethical you should follow ethics everywhere.
b. Business ethics concentrate only on the well being of workers.
c. Respecting ethics in business is just as stopping at red lights while driving .
2. In which paragraph is it mentioned that
a- Nowadays business has a strong influence on society.
b- The businessman who thinks about the consequences of his practices is the one who works ethically.
3. Answer the following questions according to the text.
a- when can a business be considered as a right one?
b-List the different ideas of how to do an ethical business?
c- Is it necessary to be a good person to do an ethical business?
4-Who or what do the underlined words refer to in the text?
         It (§1)                                                                                     their (§4)
5. Choose the general idea of the text :
                                                     a- Ethical issues in business
                                                     b- How to understand business ethics.
                                                     c- Similarities between personal ethics and business ethics
B. Text Exploration :                                                                                              ( 8pts)

1. Find in the text words that are synonyms or closer in meaning to the following:
         a- the state of being comfortable (§1)                                              b- profitable (§2)
2. Complete the chart as shown in the example.

	Verb	Noun	Adjective
Example	To produce	Production	Productive
	To employ	………………..	………………
	…………………	………………..	Effective

3. Combine the following pairs of sentences with the connectors given. Make
Necessary changes.
a- Your business is safe. You follow the rules. (as long as)
b- Modern businesses have a strong power . They affect the whole society. (such…that)
4. Classify the following words according to the pronunciation of the final ‘s’.
Companies - Needs - businesses - mistakes

/ S /	/ Z /	/ iZ /

5. Fill in the gaps with words from the list so that the text makes sense.
                                 Its            -        benefits      -      engage             -    unethical
         Conducting yourself ethically as a small-business owner and encouraging your employees to …(1)……in ethical business conduct brings about several …(2)…….for your company. Similarly, …(3)…conduct can hurt your business financially and tarnish …(4)…..image, leading to diminished future opportunities for your company.
PART TWO: Written Expression                                                                              (05pts)
                                  Choose ONE of the following topics:
Topic One: Ethically responsible businesses are those which prosper.
                    Write a composition of about 100 to 120 words using the following notes:
-Conformity to regulations
-Balance profits and think of the effects of actions
-Responsibility towards all stakeholders ( citizens; employees; government, ect..)
Topic Two:   Do you think that businessmen who do unethical business are helping their country?
                         Why or why not ? justify your point of view.


                                                                                                                                                                     Good Luck