II. Complete the sentences using active words & combinations:

1. The securities commission fined the financial group for failing to maintain … between its corporate finance and broking departments.

2. A supermarket wishing to build a new store in a district where there is resistance may offer to make a donation to the local school. This kind of practice is …. .

3. – Why has he given the contract to the most expensive supplier?

• Simple: they offered him a k… , he accepted it.

Managers were trying to silence potential … by promoting or relocating them.

A customs official refuses to let goods through at a sea port. The local import agent hands him $100 in a brown envelope and the goods are let through. The money is a s… .

You receive an e-mail saying that you have won €1000. This is … .

Company A is negotiating an important contract with Company B. Company A says that it is not negotiating with any other company, but then Company B finds it is talking to Company C. There is now a complete lack of … between them.

L.S. Rockfeller … $21 million to Princeton University for a center to study and teach human values.

There was criticism of his salary and tax arrangements following … in the newspaper.

He was found guilty of … of the true position of his accounts.

Now markets are subject to the faster … of products due to tougher competition and innovate technologies.

The company was … because they didn’t fulfill their side of the contract.

III. Match the terms and definitions:

Chinese wall	to sell something that is unsuitable for the person buying it
sleaze	when companies in an industry agree on the prices they will charge for something and is done to avoid competing with each other
Loopholes (in the law)	a written declaration of a firm’s core purpose and focus which normally remains unchanged whereas business strategies and practices may frequently be altered to adapt to changing circumstances
facilitation payment	the attitudes in an organization that present women from rising beyond a certain level, despite having the necessary skills and ability
whistle blower	a small business, factory, etc where people work very hard in poor conditions for subsisteme wages
code of ethics	in certain financial institutions, an action to stop secret information passing between departments where one department might gain from the information
insider trading	a set of rules that are accepted and used by a company staff. It contains a list of standard and practical recommendations on performing a certain activity
price-fixing	ways of getting round rules and regulations
glass ceiling	money paid to speed a process along, but one which is not actually a bribe because it is done openly
mission statement	someone working for an organization who tells the authorities that people in the organization are doing something illegal, dishonest or wrong
mis-sale	a written guide to acceptable and ethical behaviour (as defined by an organization) that also outlines punishments for violations
sweatshop	when someone uses knowledge of a particular company, situation etc that is not available to other people in order to buy and sell shares
code of good practice	scandalous, immoral or unrespectable behaviour