Sunday, April 17, 2016

Week 14 Reading Reflection

1. The biggest surprise to me in the reading was actually something that I found kind of confusing in Chapter 3 about the nature of corporate entrepreneurship. "In recent year, the subject of corporate entrepreneurship/innovation has become quite popular, though very few people thoroughly understand the concept." I think it's interesting how usually the biggest conversations happen on subjects people usually really have no clue the definition or history of.

2. Chapter 4 was pretty confusing to me because of the whole discussion on ethics and managerial rationalizations. There is no definitive line when it comes to ethics because it varies on the person and what they believe is morally correct or not and this is usually based on the culture they are brought up on so it's hard to really say something isn't rational because if you grow up believing something it becomes rational to you.

3. Which is more (primarily) important in the success of a business: profits, jobs and efficiency, or personal and social respect, honesty and integrity? I'm curious as to which one is the foundation of a successful business.

4. This is not necessarily something the author states as a fact but he does mention that laws are supposed to be a collective judgment of society and that inherent problems arise when people believe the laws represent morality and I don't completely agree with that because in some societies the laws are created by those in higher positions who have different moral standards.

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