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IELTS Writing Task 2 Band 7-8 Sample Essays: The Importance of Ethical Business Practices in Modern Commerce

The balance between ethical business practices and profit maximization in modern commerce

The balance between ethical business practices and profit maximization in modern commerce

Ethical business practices have become an increasingly common topic in IELTS Writing Task 2 examinations, appearing in various forms approximately 2-3 times per year. Based on analysis of past papers and current trends, this theme is likely to continue appearing frequently, especially given its relevance to global commerce and sustainability.

The importance of ethical business practices has been featured in several recent IELTS examinations, particularly focusing on corporate responsibility and consumer ethics. Let’s examine one common question type:

Question Analysis

Some people believe that businesses should prioritize profit, while others argue that ethical practices are more important than financial gain. Discuss both views and give your opinion.

This question requires candidates to:

  • Examine both perspectives on business priorities
  • Evaluate the balance between profit and ethics
  • Present and justify a personal viewpoint

The balance between ethical business practices and profit maximization in modern commerceThe balance between ethical business practices and profit maximization in modern commerce

Sample Essay 1 (Band 8.0)

The debate between profit maximization and ethical business conduct represents a critical challenge in modern commerce. While some argue that businesses should focus solely on financial returns, I firmly believe that ethical practices should take precedence over pure profit-seeking behavior.

Those who prioritize profit often contend that businesses exist primarily to generate returns for shareholders. They argue that financial success enables job creation, economic growth, and technological innovation. For instance, many successful technology companies initially focused on rapid growth and market dominance before implementing comprehensive ethical frameworks. This approach has led to significant technological advancements that benefit society.

However, importance of ethical business practices in sustainability demonstrates that responsible business conduct is crucial for long-term success. Ethical practices build customer trust, enhance brand reputation, and ensure sustainable operations. Companies like Patagonia have proven that prioritizing environmental responsibility and fair labor practices can create both social value and profitable growth. Moreover, unethical business practices often lead to scandals, legal issues, and eventual financial losses, as evidenced by numerous corporate failures.

In my view, ethical business practices and profitability are not mutually exclusive but rather complementary goals. The importance of ethical marketing practices shows how businesses can achieve financial success while maintaining moral standards. Companies that integrate ethics into their core operations often experience enhanced customer loyalty, improved employee satisfaction, and sustained competitive advantage.

Sample Essay 2 (Band 6.5)

In today’s business world, there is a big discussion about whether companies should focus on making money or being ethical. I think both are important, but ethics should come first.

Some people say profit is the most important thing for businesses. They think companies need money to pay workers and grow bigger. For example, many big companies like Amazon became successful by focusing on making money first. This helped them become very powerful and create many jobs.

On the other hand, ethical business is very important too. When companies are ethical, customers trust them more and want to buy their products. Good examples are companies that care about the environment and treat workers fairly. These companies often do well because people like supporting businesses that do good things.

I believe companies can make money while being ethical. When businesses follow good practices, they usually succeed in the long term. This is because customers and workers are happier, and the company avoids problems with the law. Therefore, ethics and profit can work together.

Analysis of Band Scores

Band 8.0 Essay Analysis:

  • Sophisticated vocabulary and complex structures
  • Clear organization with well-developed arguments
  • Effective use of examples and evidence
  • Strong coherence and cohesion
  • Balanced discussion with clear personal stance

Band 6.5 Essay Analysis:

  • Simple but clear vocabulary
  • Basic argument development
  • Limited use of complex structures
  • Some coherence but less sophisticated linking
  • More general examples

Key Vocabulary

  1. ethical practices (n.) /ˈeθɪkəl ˈpræktɪsɪz/ – moral business behavior
  2. corporate responsibility (n.) /ˈkɔːpərət rɪˌspɒnsəˈbɪləti/ – business obligations to society
  3. sustainability (n.) /səˌsteɪnəˈbɪləti/ – ability to maintain long-term viability
  4. profitability (n.) /ˌprɒfɪtəˈbɪləti/ – capacity to yield financial gain
  5. stakeholders (n.) /ˈsteɪkˌhoʊldərz/ – parties affected by business operations

how to promote ethical consumerism in the fashion industry offers additional context for understanding these concepts in specific industries.

Practice Suggestion

Practice writing responses to these related topics:

  1. The role of business ethics in environmental protection
  2. Corporate responsibility in developing countries
  3. Consumer rights versus business profits

Share your practice essays in the comments section for community feedback and discussion.

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