insolvent company (debtor)
to take advantage of loopholes in the law
fraud = scam, swindle
to bilk the company of its money
Text 3.
collusion in bidding
to fall from grace
grace = favour, respect, approval, approbation
to solicit bribes
subpoena
search warrant
to curb fraud
overcharge
product substitution
a whole gamut of techniques
Text 4.
sizable down payment
misleading advertising
to be lured into = to be seduced into smth. = to be baited
to be (fall) prey
Text 5.
true extent of computer crimes
for ransom
perpetrator gains
threat (menace) to the national security
unauthorized copying
Text 6.
tax return
willful avoidance (evasion) of payment
faked invoice
phony payroll
DEFINE:white-collar crime,churning, boiler-room operations, bait-and-switch advertising,
insider trading, embezzlement
PLANS FOR EXAMINATION TOPICS (IBT)
Globalisation vs Antiglobalisation.
1. What is globalisation? The idea of global village.
2. The three levels on which the effects of globalization are obvious.
3. Globalisation penetrates into cultural, political and social life of nations (examples). Public regulation of globalization.
4. Factors that explain the rise of globalization.
5. Negative outcomes of globalization.
6. Antiglobalisation movement.
7. Basic issues of the Kyoto Protocol
Japanese Approach to Business.
1. Monochronic and polychromic culture.
2. The kaizen philosophy.
3. Peculiarities of the Japanese management style (job-for-life custom, firing, penalty box, sense of collective identity etc.)
4. Role, objectives and functions of the personnel department in a Japanese company.
5. The Japanese employee compensation schemes.
6. The Japanese planning and budgeting system.
West vs East
1. Cultural universals, elements of material and nonmaterial culture.
2. Prove that language is a foundation of every culture.
3. Formal and informal norms of conduct, mores and folkways, “culture shock”.
4. Give examples of cultural and entrepreneurial failures in business.
5. Characterize the five “realms” of Asian business practice.
6. Comment on the six commandments of Asian commercial practice.
7. Clash in verbal and nonverbal communication between Westerners and Asians.
Business Ethics
1. Ethics and business ethics.
2. Examples of ethical and unethical business behaviour.
3. Main ethical misconceptions.
4. Education and ethics.
5. Law and ethics.
6. Ethical problems in business and possible ways to settle them.
7. Types of corporate crime.
8. Measures to improve ethical performance in business.
9. Methods of ethical reasoning.
Intellectual property
1. History of copyright law.
2. Major differences between US and European copyright law.
3. Basic requirements for a product/work to be subject to copyright law.
4. Exclusive rights accorded to the copyright holder.
5. Limitations imposed on the rights of copyright holders.
6. Works never protected by law.
7. Main features of the Universal Copyright Convention of 1952.
8. Copyright protection in Belarus.
White-collar Crime
1. Relations characterized as white-collar crime.
2. Types of white-collar crime committed by individuals.
3. Effective measures to prevent different types of white-collar-crime.
4. Give examples, name actors and give reasons for the expansion of:
· Government fraud
· Consumer fraud
· Computer crimes
· Tax fraud
5. Steps taken by our government to curb white-collar crime.
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