Critical thinking assignment 1 (purpose of business)

 

Overview:  In this assignment, you will be asked to use your critical thinking skills to assess shareholder vs. stakeholder capitalism after reviewing the material for the assignment.  Approximate length 1-2 pages (250-500 words).

Instruction:

  1. Step 1 Read, view, and listen to the different perspectives on the purpose of business assigned to Class 3 (Models and stakeholders).
  2. Step 2 Briefly summarize stakeholder and shareholder capitalism, as well as the economics of mutuality.  How would you assess these views in terms of current practice of business?  Provide evidence or examples to support your view.  Which view is most likely to be the model for the future of business?  Why do you believe this?
  3. Step 3 Summarize your own personal view of the purpose of business.  What should the purpose of business be in your view?  Why?

Criteria for grading— understanding of concepts and ideas, quality of critical analysis, thoughtfulness of personal perspective, quality of organization and writing

Grade

Expectations

A
(96)

I have completed what is expected of me in a timely manner and with quality.  I have thoroughly and completely responded to the different parts of the assignment with a thoughtful, well-reasoned, and well written argument.

A- (92)

I have completed what’s expected of me in a timely manner and with quality.  The organization and/or written expression could be a bit more clear.   

B+ (88)

I have completed what’s expected of me in a timely manner and with quality.  Parts of the assignment could be developed a bit more or explained a bit better, and the quality of writing could be improved a bit.

B
(85)

I have completed what is expected of me in a timely manner.  The quality and thoroughness of my analysis could be enhanced and developed more.  My writing and organization could be improved.

B- (82)

I have completed what’s expected of me.  The quality and length of my analysis could be improved in a variety of ways, including my depth of analysis, support, and thoughtfulness of my responses.

C
(78)

 I completed the assignment, but it was not timely and lacked thoughtfulness and quality in terms of understanding the main ideas, critical analysis of the ideas, and the clarity of my personal perspective.

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