A | B |
anti-competitive | dominance |
collective | between business |
refusal | government |
state | the law |
to provide | practices |
municipal | regulation |
to enforce | public services |
the scope of | to deal |
competition | aids |
III. Decide if the statements are true (T) or false (F).
T | F | |
1. The company is in dominance if it is the only one in the market. | ||
2. The main element of the Competition Law is control over abusive behavior by a firm dominating a market, or anti-competitive practices that tend to lead to such a dominant position. | ||
3. Competition law is a prerogative and isn’t connected with other laws. | ||
4. Each country has its own Competition law valid only on its territory. | ||
5. Punitive measures against anti-competitive practices are limited out in terms of percentages of revenues of a company. | ||
6. Competition law was developed in the 20th century in Europe. | ||
7. In Russia Competition law was worked out because many companies broke laws of honest business. | ||
8. FAS is Federation of American Scientists. |
IV. Answer the questions:
1) What do you think about Competition law? Is it necessary for our society?
2) Do you think it works properly?
3) What rules of doing business\competition would you include in it?
4) What do companies do to outrun other firms?
5) How can you control competition in the market?
Group work
Follow all these rules and you’ll get a success.
Golden Rules for conducting a responsible business
When setting up your student company, take some time to consider how you could integrate those Golden Rules into your company wherever possible.
Formulate the company mission and values
Responsible business conduct should be deeply integrated into the way your company does business and therefore it should be included in your company mission and mirrored in your company values. Make social and environmental responsibility part of your strategy.
McDonalds Mission Statement
“McDonald’s vision is to be the world’s best quick service restaurant experience. Being the best means providing outstanding quality, service, cleanliness, and value, so that we make every customer in every restaurant smile.”
Toyota Mission Statement
“To sustain profitable growth by providing the best customer experience and dealer support.”
IBM Mission Statement
“At IBM, we strive to lead in the invention, development and manufacture of the industry’s most advanced information technologies, including computer systems, software, storage systems and microelectronics.
We translate these advanced technologies into value for our customers through our professional solutions, services and consulting businesses worldwide.”
Coca Cola Mission Statement
“Everything we do is inspired by our enduring mission:
To Refresh the World... in body, mind, and spirit.
To Inspire Moments of Optimism... through our brands and our actions.
To Create Value and Make a Difference... everywhere we engage.”
2. Be committed to responsible business at all levels. List your activities.
All employees should be aware of your company’s responsible business activities and should be engaged in the process where possible. Working together on activities which benefit the whole community develops a sense of belonging and motivates employees, but also offers them the possibility to gain new knowledge and skills.
Дата: 2018-11-18, просмотров: 536.