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Chapter 1 - Lecture notes 1
Course: Contemporary Business Thinking (COMM 210)
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University: Concordia University
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Linda Dyer, Critical Thinking for Business Students. 3rd Edition.
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Chapter 1: What Is Critical Thinking?
Introduction:
An approach to reading, thinking, and learning that involves asking questions, examining our
assumptions, and weighting the validity of arguments.
A set of strategies that we will use as we determine whether or not to believe what we read
or hear.
If we can become aware of the activities of critical thinking, we will be able to use them
consciously to think effectively and make intelligent decisions, both professionally and in our
personal lives.
Critical thinkers are self-aware, curious, and independent.
“You’re so critical!”:
In this context, the word critical does not mean negative or judgmental as in our ordinary
conversations, but it means to question, analyze, or make sense of something.
Critical thinkers are not necessarily negative; rather, they try to assess the truth about a
given matter.
Critical thinking about business:
The sheer volume of information found in business books can be intimidating; critical
thinking skills can play a vital role in helping us sift through the multitude of ideas.
As business students, it is obvious that we need to think critically about business discourse
to improve our understanding of, and performance in, the world of commerce.
Today, governments and not-for-profits sectors “run like a business”, embracing values such
as profitability, marketing, and competition. How valid is this generalization of business ideas
to these sectors? What are the implications of extending the values of business into other
spheres? It is important that we are able to ponder these issues and so understand and
evaluate the major role that the world of business plays in all aspects of our lives.
Buyer beware:
It is also said that this is the age of the expert.
Our reliance on expertise extends beyond the boundaries of the workplace but in every
aspect of our lives.
Many bestselling books written by business experts claim to deliver simple recipes for
success that are based on a rich supply of anecdotes about successful executives and
companies.
BUT caveat emptor (the principle that the buyer alone is responsible for checking the quality
and suitability of goods before a purchase is made) let the buyer beware.
Larry Cummings, bestselling business books are “frequently among the most dangerous
because they are so well done (that is, well done in a marketing and journalistic sense), and
therefore, they are easily read and so believable. They are likely to influence the naïve, those
who consume them without evaluating critically their content” (Pierce & Newstrom, 2014, p.
15)
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