ADMS 1010 Lecture Notes - Lecture 5: Resource-Based View, Wced, Homo Economicus

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Uncritical acceptance: (memorize and regurgitate) the textbook/readings are truth and gospel, the information presented is fact and the instructor is an expert. Critical assessment: (analyze and challenge) the textbook/readings offer one perspective, the information presented is contestable and the instructor is a guide. Critical thinking (explicit & conscious: approach to: reading, thinking and learning. Involves: asking questions, examining assumptions and weighing the validity of arguments. Self-aware: introspective, know personal biases and name strategies used to make judgments: curious: explore beneath the surface of issues, try new approaches and seek new viewpoints. Independent: listen to and learn from others, develop their own informed opinions and make their own judgments. Lots of noise (uncertainty) in the business world (cid:862)e(cid:454)pe(cid:396)ts(cid:863) step i(cid:374) to fill the (cid:448)oid: They disagree: need to develop procedures to assess truth or validity of different ideas. The aim of a business school: original intent was to develop a professional degree similar to law & medicine:

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