ADMS 1010 Lecture Notes - Lecture 1: Critical Thinking, List Of Corporate Collapses And Scandals

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Involves: asking questions examining assumptions weighing the validity of arguments. Critical thinking allows you to make better decisions. Self-aware: introspective know personal biases name strategies used to make judgments. Independent: explore beneath the surface of issues try new approaches seek new viewpoints listen to and learn from others develop their own informed opinions make their own judgments. Critical: comes from the greek work, kritikos, which means to question, analyze, or make sense of something. Main discourse: economic performance, productivity, global markets, financial investments . Business values: spreading to non-business spheres (e. g. universities, health-care, government ) Lots of noise (uncertainty) in the business world. Need to develop procedures to assess truth or validity of different ideas. Dimension of critical thinking: central claims (chapter 2, quality of evidence (chapter 3, underlying assumptions and values (chapter 4, causal claims (chapter 5, techniques of persuasion (chapter 6)

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