Mastering IELTS Writing Task 2: The Importance of Ethical Business Practices in Global Trade

In recent years, the topic of ethical business practices in global trade has gained significant attention in IELTS Writing Task 2. This subject has appeared in various forms, reflecting its growing importance in our interconnected world. As an IELTS instructor, I’ve observed an increasing frequency of questions related to business ethics, corporate responsibility, and sustainable trade practices. Let’s explore this crucial topic and prepare you for potential exam questions.

Analyzing the Topic and Sample Question

One of the most relevant and frequently appearing questions on this subject is:

Some people believe that companies should be required by law to follow ethical business practices. Others think it should be a choice for companies. Discuss both views and give your own opinion.

This question touches on the core debate surrounding ethical business practices: Should they be mandatory or voluntary? It requires candidates to consider both perspectives and form their own opinion, making it an excellent example of a balanced argument essay.

Sample Essay for Band 8-9

Here’s a high-scoring sample essay addressing the given question:

In today’s globalized economy, the role of ethical business practices has become a subject of intense debate. While some argue that companies should be legally obligated to adhere to ethical standards, others contend that such practices should remain a matter of choice. This essay will examine both viewpoints before presenting my own perspective on this complex issue.

Those in favor of mandating ethical business practices argue that without legal enforcement, many companies will prioritize profits over ethical considerations. They point to numerous examples of corporate malpractice, such as environmental degradation, labor exploitation, and financial fraud, as evidence that self-regulation is insufficient. Proponents of this view believe that legal requirements would create a level playing field, ensuring that ethical companies are not at a competitive disadvantage. Moreover, they argue that mandatory ethical standards would enhance consumer trust and promote long-term economic stability.

On the other hand, opponents of legal mandates contend that ethical behavior should stem from a company’s values and culture rather than external pressure. They argue that forced compliance may lead to a “tick-box” mentality, where companies focus on meeting minimum legal requirements rather than genuinely embracing ethical principles. Furthermore, they suggest that rigid regulations could stifle innovation and hinder economic growth, particularly in developing countries trying to compete in the global market.

In my opinion, while I acknowledge the importance of corporate autonomy, I believe that a baseline of legally mandated ethical standards is necessary in today’s complex global economy. However, I would argue for a nuanced approach that combines legal requirements with incentives for companies to exceed these minimum standards. This could include tax benefits for corporations that demonstrate exceptional ethical practices or preferential treatment in government contracts for highly ethical firms.

In conclusion, the question of whether ethical business practices should be legally mandated is not a simple one. While there are valid arguments on both sides, I believe that a balanced approach, combining legal requirements with positive incentives, offers the best path forward. This would ensure a minimum ethical standard across all businesses while encouraging companies to strive for even higher levels of ethical conduct.

(Word count: 329)

Ethical Business Practices

Sample Essay for Band 6-7

Here’s a sample essay that would typically score in the Band 6-7 range:

In the modern world, ethical business practices are becoming more important. Some people think companies should be forced by law to follow ethical practices, while others believe it should be their choice. This essay will discuss both views and give my opinion.

There are good reasons why ethical practices should be required by law. Firstly, many companies only care about making money and ignore ethical issues. For example, some factories pollute the environment or treat workers badly to save money. If there were laws, all companies would have to be ethical, which would be fairer. Secondly, legal requirements would protect consumers and workers. People could trust that products are made ethically and workers are treated well.

However, others argue that ethical practices should be voluntary. They say that companies should choose to be ethical because it’s the right thing to do, not because they are forced. Also, they believe that too many rules could make it hard for businesses to operate, especially in poorer countries. Some people think that customers should decide which companies to support based on their ethical behavior.

In my opinion, I think there should be some laws about ethical practices, but not too many. Companies should have to follow basic ethical rules, like not polluting and paying fair wages. But they should also be encouraged to do more than just the minimum. Maybe governments could give rewards to very ethical companies.

To conclude, ethical business practices are very important in today’s world. While there are arguments for both views, I believe a mix of laws and encouragement is the best way to make sure companies act ethically in global trade.

(Word count: 279)

Key Points to Note When Writing

1. Structure: Both essays follow a clear four-paragraph structure: introduction, arguments for, arguments against, and conclusion with personal opinion. This is crucial for organizing your thoughts coherently.

2. Language: The Band 8-9 essay uses more sophisticated vocabulary and complex sentence structures, while the Band 6-7 essay uses simpler language. For example, compare “In today’s globalized economy” (Band 8-9) with “In the modern world” (Band 6-7).

3. Argument Development: The higher-scoring essay provides more detailed explanations and examples, while the lower-scoring essay presents ideas more simply.

4. Cohesion: Both essays use linking words and phrases, but the Band 8-9 essay does so more skillfully and varies them more.

5. Opinion: Both essays clearly state a personal opinion, which is crucial in this type of question.

Important Vocabulary to Remember

1. Ethical business practices (noun phrase) – /ˈeθɪkəl ˈbɪznəs ˈpræktɪsɪz/ – Methods of conducting business that adhere to moral principles

2. Corporate responsibility (noun phrase) – /ˈkɔːpərət rɪˌspɒnsəˈbɪləti/ – A company’s obligation to act in ways that benefit society

3. Globalized economy (noun phrase) – /ˈɡləʊbəlaɪzd iːˈkɒnəmi/ – An interconnected worldwide economic system

4. Mandatory (adjective) – /ˈmændətəri/ – Required by law or rules

5. Self-regulation (noun) – /ˌself reɡjuˈleɪʃən/ – The act of controlling one’s own behavior without external enforcement

6. Competitive disadvantage (noun phrase) – /kəmˈpetətɪv ˌdɪsədˈvɑːntɪdʒ/ – An unfavorable position relative to competitors

7. Stifle innovation (verb phrase) – /ˈstaɪfəl ˌɪnəˈveɪʃən/ – To prevent or constrain new ideas or methods

8. Nuanced approach (noun phrase) – /ˈnjuːɑːnst əˈprəʊtʃ/ – A method that recognizes and accounts for subtle differences

9. Corporate autonomy (noun phrase) – /ˈkɔːpərət ɔːˈtɒnəmi/ – The freedom of a company to make its own decisions

10. Incentivize (verb) – /ɪnˈsentɪvaɪz/ – To motivate or encourage a particular action or behavior

Conclusion

The topic of ethical business practices in global trade is likely to remain relevant in IELTS Writing Task 2. Future questions might explore related themes such as:

• The role of consumers in promoting ethical business practices
• The impact of ethical practices on a company’s long-term success
• Balancing economic growth with ethical considerations in developing countries
• The effectiveness of international agreements in promoting ethical trade

To prepare effectively, practice writing essays on these topics, focusing on developing balanced arguments and clear personal opinions. Remember to use a range of vocabulary related to business ethics and global trade.

We encourage you to write your own essay based on the question provided in this article and share it in the comments section. This practice will help you apply what you’ve learned and receive feedback from others preparing for the IELTS exam.

For more insights on related topics, you might find these articles helpful:

• Why Ethical Sourcing is Crucial in Fashion
• Why Fair Trade is Important for Global Markets
• How to Promote Ethical Consumerism

Remember, consistent practice and exposure to various perspectives on ethical business practices will significantly enhance your ability to tackle such topics in your IELTS Writing Task 2.