Business Finance
MGT 324 Southeastern University Wk 7 Critical thinking Essay

MGT 324

Southeastern University


Question Description

I’m studying and need help with a Business question to help me learn.

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using Times New Roman (size 12, double-spaced) font.

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write it in 3 pages

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Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. • All answered must be typed using Times New Roman (size 12, double-spaced) font. • Submissions without cover page will NOT be accepted. Assignment 1 Submission Date by students: Before the end of Week7 Place of Submission: Students Grade Centre via blackboard. Weight: 05 Marks CLO: Apply critical thinking to make and defend business decisions (LO 2.4) CLO: Ability to rise to ethical issues and challenges in the context of public management (LO3.3) Write a 3-page paper on the following topic: “Ethical standards are greatly affected by cultural factors”. In the light of the statement, give some suggestions to develop standardized set of ethical standard for industry. Do you believe that it is impossible to develop a standardized set of ethical standards for improving industry, or do you feel that cultural differences make universal ethical standards impractical and/or impossible? ...
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Final Answer


Critical Thinking


Critical Thinking
Insert name of school
Insert your name
Insert professor name
February 2020

Critical Thinking

Critical Thinking

Critical thinking is clear thinking based on reason rather than emotion. Running a small business
can be a very personal endeavor, a way to express passion or achieve your dreams. However,
your business will only be successful if you regularly check numbers and facts and then use this
information to make decisions that align with your vision. Good business decisions are not only
related to critical thinking, but also critical tools along with intuition. Critical thinking is the
ability to make informed decisions by objectively assessing various sources of information. As
critical thinkers, they also have many other basic skills, including analysis, creativity, problem
solving, and compassion. Employers always find critical thinking very valuable. After all, no
boss is willing to constantly monitor his employees because they cannot evaluate the best course
of action on their own. However, when people never really explain what this knowledge looks
like in practice, people often talk about critical thinking in theory. As a result, many people never
really understand the importance of critical thinking in business. So we created this example list
that illustrates how to use critical thinking skills in the workplace.
Economic uncertainty, climate change, political turmoil ... there are a lot of risks in today's
workforce, and employees' critical thinking skills will enable companies to assess these risks and take
countermeasures. Risk assessment...

Duke University

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