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| 1 | to stand down | to take someone s place (e.g., while they are out of the office or on holiday) |
| 2 | to stand for | to be better than somebody / something or distinctive in some way |
| 3 | to stand out | to represent |
| 4 | to stand by | to defend |
| 5 | to stand up for | to be ready to act |
| 6 | to stand in | to resign or withdraw |
Ex. 6.10. Complete the sentences that follow, using each verb once only. Make sure you use the correct form.
- We all know that the name GE …. technical excellence.
- If the company chairman is on a business trip his deputy will usually …. for him.
- Our GM will be giving the presentation but a technical salesman will be …. to help him.
- In this company you don t get anywhere by being modest. You have to …. yourself.
- The managing director was asked to …. and a new appointment was made.
- As an example of strong corporate culture in the fast food sector KFC certainly ….
Ex. 6.11. Discuss the following points.
- ‘The Anglo-American model of putting the shareholder first is bad for the employees, bad for the community and bad for business.’ Do you agree or disagree with this statement?
- In your country, is there a tradition of having a strong and independent Board that represents the interests of the shareholders and can hire and fire the CEO?
- What are the advantages and disadvantages of working for a medium-sized family-owned business, as compared to a large public company?
- Has there been a story in the news recently about weak corporate governance at a particular company? Perhaps it led to a financial disaster, or a corruption scandal, or something else. What do you know about it?
Ex. 6.12. Work in pairs. Compare the SWOT analysis of the two companies (Microsoft an Apple). Discuss them with your partner. 
