Course : Business English (1510BE08)

online.uwin.ac.id
Bachelor in Economics (S.E): Manajemen

UWIN eLearning Program

Session Topic : Ethics

Course: Business English
By Sugeng Riyadi, S.Pd., M.Hum.

Content

Part 1

Ethics

Part 2

Regular & Irregular Verbs

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S. 3

Part1: Ethics

Ethics: Overview

a. Vocabulary:
Wrongdoing
Corruption, &
Work ethics
Language,
b. Focus:
Past tense
c. Skills:
Describing a wrongdoing case
d. Case study/discussion
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S. 5

Ethics: Wrongdoing & Corruption

a. Insider dealing/insider trading:

buying or selling securities using
information
that is not publicly available.
b. Price fixing: Agreeing to fix
prices at a certain level.
c. Market rigging:
working together to stop
a financial market functioning
as it should.
d. Bribery: Illegal payment to
persuade someone to do
something.
e. Corruption: receiving bribes
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f. Counterfeiting:
Forging/duplicating
(especially banknotes)
illegally.
g. Faking: Forging/duplicating
goods illegally.
h. Fraud:
Offering to lend money, but
demanding certain fee
before giving the loan.
f. Embezzlement: getting money
illegally from the employer.
g. Money laundering: hiding
illegal origin of money.
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Ethics: Word

Whats the word ?

a.
b.
c.
d.
e.

Illegal payment to persuade someone to do something.

Agreeing to fix prices at a certain level.
Receiving bribes
Forging/duplicating goods illegally.
Buying or selling securities using information that is not publicly
available.
f. Getting money illegally from the employer.
g. Working together to stop a financial market functioning as it
should.
h. Hiding illegal origin of money.
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S. 7

Ethics: Definition

Ethics. Defn:
Moral beliefs about what is,
Right & wrong, &
The study of this.
Ethical
a. Standards
social responsibilities
1) Worker exploitation,
2) Sweatshop labour, &
3) Racial/sex discrimination.

avoiding,

b. Investment
Being concerned about issues related to investment,
including environmental or green issues.
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S. 8

Ethics: The Wolf of Wall Street (2013)

a. It is an American biographical
black comedy.
b. The story is,
about Jordan Belforts career as
a stockbroker &
his wrongdoing in the business.
c. Leonardo DiCaprio stars as Jordan
Belfort.
d. It got 5 nominations at the 86th
Academy Awards, but won none.

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Leonardo W.
DiCaprio
American actor
Film producer.
S. 9

Part2: Regular & Irregular Verbs

The Story: The Wolf of Wall Street-2013

a. In 1987, Jordan Belfort lost his job as a Wall Street

stockbroker.
b. He took a job at a small brokerage firm in Long Island.
c. Jordan Belfort got much money.
d. Jordan & his friend,
built a brokerage firm.
The name was Stratton Oakmont.
e. The firm used a pump & dump scam.
f. The firm grew bigger & made a lot of profits.
g. Jordans lifestyle changed.
h. He divorced his wife & had an affair with another woman.
i. He illegally made $22 million in 3 hours from the IPO of Steve
Madden, Ltd.
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The Story: The Wolf of Wall Street-2013 (Cont.)

j. Jordan put the money,

in a Swiss bank account with the help of
a corrupt banker, Jean-Jacques Saurel.
k. The FBI suspected him & started investigating him.
l. Two years later,
the FBI arrested Jordan &
shut down Stratton Oakmont.
Source: Belfort, Jordan (2013) The Wolf of Wall Street. Web:
https://en.wikipedia.org/wiki/The_Wolf_of_Wall_Street_(2013_film)#Plot

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S. 12

The Story: Wrongdoing & Verb

What kinds of wrongdoings did

Jordan do ?

Now, look at the verbs of the

sentences

a.
b.
c.
d.

a. Jordan Belforts case,

happened in 1987 (in the past).
That is why we use Simple Past
Tense in the sentences.

Fraud
Bribery
Corruption
Money laundering

b. We use Verb 2 in Simple Past

Tense.
c.
1)
2)

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There are 2 kinds of verb 2:

Regular: Ending with ed or d.
Irregular
No specific rules.
You have to memorize the
changes.
S. 13

The Story: Wrongdoing & Verb

Regular Verbs

Irregular Verbs
Verb

No

Use

Used

Change

No

Verb
1

Is

Was

Changed

Are

Were

Divorce

Divorced

Lose

Lost

Suspect

Suspected

Take

Took

Start

Started

Get

Get

Arrest

Arrested

Build

Built

Grow

Grew

Make

Made

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S. 14

Form: Negative & Question

Negative Form

Question Form

To make,
a negative sentence in simple past
tense,
use did not + Verb 1.

To make,
a question in simple past tense,
use did + Subject + Verb 1.

Example:
1. We did not get much profit this
year.
2. The police did not suspect him.

Example:
1. Did we get much profit this
year ?
Yes, we did.
No we didnt.
2. Did the police suspect him ?
Yes, they did.
No they didnt.

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S. 15

Form: Negative & Question (Cont.)

Change these sentences into

negative & question !
a. He divorced his wife last year.
b. He had an affair with another
woman.
c. The company made $50 million
last year.
d. We put the money in a Swiss
bank account.
e. The FBI started investigating him.

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On Your Own
China's leading online marketplace
Alibaba,
is being sued by Kering
(the owner of Gucci, Yves Saint
Laurent, Puma & other fashion
brands).
Read the case of Alibaba vs.
Kering on the following slide.
Change the sentences into Past
Tense !

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Exercise: Alibaba

Gucci sues Alibaba over 'counterfeit goods

a.
b.
c.
d.
e.
f.
g.
h.
i.
j.

Many merchants in Alibaba offer counterfeit products.

Taobao, for example, sells a lot of fake Gucci products.
The merchant advertises a fake Gucci handbag for $2-$5.
The bags are normally sold for $795 each.
The merchant also sells Gucci counterfeit watch for $10-$80 per piece.
The authentic Gucci watch retails for $960.
Alibaba does not shut down the counterfeiters.
US shoppers also order counterfeit goods from Alibaba's websites.
Kering takes legal action against Alibaba last July.
The 2 sides agree to discuss possible anti-counterfeit measures.

Source: BBC News (2015) Gucci sues Alibaba over 'counterfeit goods. Web:
http://www.bbc.com/news/technology-32781236
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S. 17

Course : Business English (1510BE08)

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