ADMS 1010 Study Guide - Midterm Guide: Credit Rating Agency, Bloomberg Businessweek, Critical Thinking

• School: York University
• Department: Administrative Studies
• Course: ADMS 1010
• Professor: Troy Young

Document Summary

Week 1 - getting engaged: introduction to critical thinking & contemporary business issues. Independent critical thinker listens to and learns from others, develops their own informed opinions, and makes their own judgments: they think through the entirety of a problem and attempt to see all possible outcomes. They often step in to fill the void because they"re often wrong and they disagree. Experts failed to evaluate through the entirety of a problem and attempt to see all possible outcomes and emotions like greed drove the decision-making process. Article: why facts don"t change our minds: consider what"s become known as confirmation bias, the tendency people have to embrace information that supports their beliefs and reject information that contradicts them. Of the many forms of faulty thinking that have been identified, confirmation bias is among the best catalogued; it"s the subject of entire textbooks" worth of experiments. Week 2 - so, you want to be a manager? (management)