TỔNG hợp bài mẫu THEO CHỦ đề BUSINESS AND MONEY BY NGOC BACH

To what extent do multinational companies have responsibility toward local communities in which they operate?. From a social perspective, multinational enterprises should provide jobs f

TỔNG HỢP BÀI MẪU CHỦ ĐỀ BUSINESS AND MONEY by

NGOCBACH

1 (25/07/2015) As well as making money , businesses also have social responsibilities Do you agree or disagree?

ANSWER:

The idea that, besides making money,

enterprises also need to have public

responsibilities remains a source of

controversy In my opinion, while

generating profit is the top priority for

each company, I agree that they should

also conduct their business in a socially

responsible manner

On the one hand, the efforts of

companies to maximise their profits

may have some benefits for society as a

whole [1] Firstly, the higher the profits

earned by enterprises, the more taxes

they pay to the government As a result,

authorities may have more revenue to

spend in key fields, including education

and health care, which leads to an

improvement in the quality of life of the

whole community [2] Secondly, by

earning huge profits companies have the

to generate = to produce or create

something We use it to talk about

‘generating electricity’ as well as

‘generating profits’

priority = a priority is something which

you think is more important than other things and should therefore receive attention first

to maximize = to increase something,

such as profits, as much as possible

enterprises, companies, businesses,

corporations and firms = are all used

in this essay as different words which have almost the same meaning

revenue = the money that the

government receives from taxes and it can then spend this revenue on whatever

priorities it has

opportunity to grow their business For

example, firms could use their capital to

expand their production, creating new

job opportunities within the community

On the other hand, there are strong

reasons why businesses should also

accept that they have social

responsibilities [1] The first reason is

that their activities have an effect on the

environment Without controls,

production processes may result in

serious environmental degradation,

such as global warming stemming from

factory emissions or the irresponsible

disposal of industrial waste For

example, if factories installed waste

treatment systems instead of

discharging chemical wastes into rivers,

water pollution could be controlled [2]

Another reason is that enterprises

should help those who are less

fortunate, since they have the money to

do so For example, big corporations

such as Unilever and Vinamilk have

enhanced their public image through

degradation = this describes a process

in which something becomes worse or

is damaged

global warming = is the increase in

temperature of the atmosphere of the Earth

stemming from = this means to be the

result of something

emissions = these are simply gases that

are sent out into the atmosphere – in this case by factories

irresponsible = not thinking about the

effects of what you do

disposal = is the act of throwing

something away or ‘getting rid of’ something

waste = is another word for rubbish or

‘garbage’ in American English

install = to install something is to fix it

into a position where it can be used

to discharge = to make something go

into the sea or a river

philanthropic actions such as providing

scholarships and giving charitable

donations

In conclusion, although I recognise that

making profits is the fundamental

principle of business, I would argue that

all businesses should profoundly reflect

upon their social responsibilities

290 words

philanthropic actions = are actions that

help poor people, especially by giving them money

charitable donations = money given to

organizations which help poor people or people in need of help

fundamental principles = are the basic

ideas on which a company carries out its business

2 (16/06/2016) Most large companies nowadays operate multi-nationally

To what extent do multinational companies have responsibility toward

local communities in which they operate?

ANSWER

It is true that, in this era of globalisation,

most large companies operate outside

the confines of national borders While

it is necessary that companies maximise

their profits, this must not be at the

expense of the welfare of the people in

areas where these companies are based

From a social perspective, multinational

enterprises should provide jobs for local

people and ensure that workers and their

confines: limits or borders

maximise: increase something as much

as possible

families have adequate salaries and

access to health and education services

The horrors of the industrial revolution

in Europe and America must be avoided

– child labour, starvation wages and

unhealthy working conditions It is also

in the self-interest of multinational

firms to employ a healthy and educated

workforce Physically fit workers are

more productive and mentally alert to

the importance of health and safety at

work Finally, an educated workforce

gives the company more flexibility, as

skilled employees can be switched from

one task to another to meet production

requirements, as in the case of car

assembly plants like Ford or Nissan

From an environmental perspective,

multinational firms must safeguard the

natural resources of the area in which

they operate Local communities may

traditionally depend on such resources

for their survival Irresponsible oil

extraction by firms such as Shell or

Texaco, for example, may result in oil

horrors: the very unpleasant nature of

something

starvation wages: the state of suffering

and death, as a result of having no food

self-interest: considering only the

advantage to yourself, without caring about others

alert: aware of something, especially a

danger or a problem

switched: changed, moved

somebody/something from danger or harm

irresponsible: not thinking about the

effects of what you do

oil spills: accidents which allow oil to

escape into the sea

spills which devastate the local fishing

industry, as incidents in Alaska have

shown Similarly, unsustainable

logging of timber for construction or

paper manufacture may have serious

effects on local farmers due to resultant

soil erosion Thus, it is essential to

re-invest corporate profits into schemes to

prevent pollution and to guarantee the

long-term prosperity of local

communities

In conclusion, multinational companies

have a moral duty and a practical

interest in improving the quality of life

of the local communities in which they

conduct their operations

298 words

devastate: completely destroy something, such as an area of land

unsustainable logging: cutting of trees

that cannot be continued at the same rate indefinitely

resultant: caused by the thing which

has just been mentioned

soil erosion: the process by which the

soil/the land is gradually destroyed by the action of wind and rain

3 (21/10/2017) Many people think that increasing business and cultural contacts between countries is a positive development However, others believe that these are leading to the loss of national identities Discuss

both views and give your own opinion

Essay:

It is true that growing business and

cultural contacts are part of the modern

process of globalisation While some

people mourn the loss of national

identity which they believe occurs as a

result of this process, I disagree with that

view on the basis that it is important to

embrace change and accept new

realities

The expansion of business and cultural

exchanges across the world is a positive

feature of contemporary life Companies

have broken into new markets by

doing market research and taking into

consideration local differences in

consumer demands and preferences

They introduce new products without

dismissing traditional ideas The

appearance, for example, of

McDonald’s fast food outlets in

Malaysia, China or Vietnam is not

incompatible with the success of

restaurants serving time-honoured

cuisine Such innovations do not

necessarily mark the disappearance of

traditional ways of life and to accept

new customs is to extend choice for

every consumer

Thus, it is an exaggeration to maintain

that these developments will lead to the

loss of a strong sense of identity in

countries For example, people in many

former colonial nations have embraced

change, but they still proudly preserve

traditional cultural traits In India,

English - the language of the former

colonial power - is widely spoken, but

this has not led to the disappearance of

local languages or indigenous cultural

practices Therefore, joining modern

to embrace change: to accept change

with enthusiasm

to break into a market: to enter a new

business market, despite some difficulties

to do market research: to collect

information about what people buy and why

to take into consideration: to consider

or remember something when judging a situation

to dismiss traditional ideas: to decide

that traditional ideas are not important and not worth considering anymore

to be incompatible with: not able to

exist or work with another person or thing because of basic differences

time-honoured (adjective): respected

because it has been done or used for a long time

the disappearance of traditional ways

of life: the fact that traditional ways no

longer exist

culture does not always mean that

national or local customs have to be

abandoned On the contrary, enforced

isolation from trade and cultural

contacts with other countries will have

the inevitable consequence of

withdrawal from all the changes taking

place globally

In conclusion, I would argue that the

growth of contacts in commerce and

culture is a positive development which

will not destroy national identities

291 words

to accept new customs: to agree to

adopt new ways of behaving

a strong sense of identity: the feelings

and beliefs that distinguish people from others

to preserve cultural traits: to cause or

allow the main features of a culture to continue for a period of time

indigenous practices: practices that

naturally exist in a place or country rather than arrive from another place

to join modern culture: to become part

of modern culture

enforced (adjective): that somebody is

forced to do or experience without being able to control it

an inevitable consequence: certain to

happen and unable to be avoided or prevented

4 (10/02/2019) In most successful organisations, some people believe that communication between managers and workers is important, while other people said that other factors are more significant What is your opinion?

Essay:

It is true that many people argue that,

in any efficient organisation, it is vital

that there is good communication

between managers and workers In

my opinion, while this is one aspect to

consider, I consider that other factors

are more important

On the one hand, in order to conduct

a business or organisation effectively,

communication among all the

workforce is necessary A breakdown

in communications may be one reason

why a production process in a factory

comes to a stop The management may

not be aware, for example, of

problems with a machine or the raw

material, if they do not regularly

consult the workers In a store, the

manager must train the staff to offer

good customer service, so that the

employees understand how to provide

this In an organisation such as a

hospital, the managers have to see the

big picture, and talk constantly to

doctors, nurses and support staff to

ensure that everyone knows their tasks

and has everything they need to carry

them out

On the other hand, I would argue that

job satisfaction is the most important

to conduct a business: to operate a

business in a particular way

a breakdown in communications: a

misunderstanding which results from people failing to discuss and resolve

something

raw material: a basic material that is

used to make a product

factor in creating a successful working

environment No organisation can

prosper if the workers are dissatisfied

An authoritarian style of management

which dictates to the workforce is no

basis for reaching a consensus When

workers enjoy a decent salary, with

sick leave, holiday entitlement and a

retirement package, then the

organisation will benefit enormously

from the loyalty of their staff

Supportive work colleagues cooperate

to ensure that things run smoothly, and

therefore I believe that worker

cooperatives without management are

the future

In conclusion, in a traditional

communication with the workers is

important However, when the

workforce organises itself, this results

in an effective organisation with

satisfied workers

293 words

to see the big picture: to understand

all the important aspects of a situation

job satisfaction: the good feeling that

you get when you have a job that you

enjoy

conditions that you work in

to prosper [verb]: to develop in a

successful way, to be successful

authoritarian [adjective]: believing that people should obey authority and rules, even when these are unfair, and even if it means that they lose their personal freedom

to dictate [verb]: to tell somebody what to do, especially in an annoying way

to reach a consensus: to come to an

agreement

sick leave: permission to stay away

from work because of illness or injury

holiday entitlement: the number of

days off work that you are allowed as

holidays

retirement package: the money or

other benefits that you receive from a company or organization when you

stop working there because of your age

supportive work colleagues: people

that you work with who give you help

workers cooperative: owned and run

by the workers involved, with the

profits shared by them

5 (24/03/2019): Some people think that hard work and determination bring success Others think other factors such as money and good appearance

are more important Discuss both views and give your opinion?

Essay:

It is true that some people believe that

the key factors for success in life are

hard work and determination,

although others place more

importance on money and smart

appearance While all these are

necessary, I would argue that money is

the single most essential factor for

those who wish to achieve success

On the one hand, the determination

to work hard is essential for anyone

who wants to earn a living and raise a

family Firstly, this is true in terms

of employment, because most jobs

impose a heavy workload on

employees Even jobs such as serving

customers in stores, supermarkets or

coffee shops, offering a minimum

wage, no job prospects and no

promotion opportunities demand hard

work and dedication Secondly, from

a perspective of life outside work,

to earn a living: to earn money

a heavy workload: having many tasks

to perform

minimum wage: the lowest wage that

an employer is allowed to pay by law

job prospects: the chances of being

successful and having more opportunities at work

promotion opportunities: chances to

move to a more important position in

a company or organization

to support a family: to have enough

money to be able to look after a family