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Conclusion and Sharing of Key Learning (Seminar 10 with Discussion, June 14, 2017)

by Marc Le Menestrel (2/03/2011)

After the remaining presentations of the students, we share key learning from the course and discuss how this learning can be effectively embedded in the future career of the students.

Assignment

Prepare a short synthesis (300 words) of the key ideas or concepts that you have learned in the class. Identify one reason for which this can be useful in your future career. Note that you can either bring a printed assignment or, if you want, upload your work on the forum of this class.

Our evaluation of the course

We have elaborated a questionnaire to have a more precise evaluation of the course. Please take the time to fill the online questionnaire as we are very much interested in your experience and will try to improve the course for next year!

Official evaluation of the course

Make sure you also complete the official evaluation of the course through the University system. It is the main way for a direct communication between students and the administration.

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22 Forum posts

Conclusion and Sharing of Key Learning (Lecture with Discussion, June 18, 2012) 18 June 2012 10:54, by Ingrid Portella

Attending to this course, I have learned that there are some companies, which operate in unethical industries that face ethical issues constantly due to its nature. Not only employees face then, but also the managers that have to make decisions aligned with the company’s interests.

I have increased my awareness of conflicts of interest between the consequences of a business and stakeholders. The strongest conflict is under the conception of shareholders.

Nowadays I believe more in responsible business models, I find some of the discussed in class very viable and worth creating.

Overall, what I find most useful is the openness that my mind has experienced. Reading and commenting about the wide variety of situations and companies facing ethical issues have made me broaden my mindset.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 9 June 2013 17:10, by Andrea Berloffa

The course followed was, in my opinion, an experience first, for all of us. All students had the possibility to open up themselves during seminar classes and learn how to look at business under a different perspective. I believe that this subject can have a very influential role to alter the economic perspective developed after the Second Industrial revolution with the American as pioneers of the shareholder profit oriented model. We all have to understand that we have to replace old concepts and move on. There is a need for a different thinking among students of economics and business! The course will help me decide and act in a more ethical way for my future career choices. The power of multinationals is growing large and they are the sole capable of making a real change. Future businesses must prioritize and consider the next generations.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 13:38, by Bogdan

The main thing I have learned to do, due to this course is to be open minded. I now remain skeptical about things that before I’ve managed to ignorantly form a solid opinion on. I have realized that anything can have another side to it. When you are completely sure that you know the whole situation, is precisely the moment when you couldn’t be more wrong.

I have also got a chance to learn more about myself, to see the real self. I can definetly say that this course has helped me form as a person as an individual more than any other that I have taken during my degree.

P.S. I have learned to dream and really enjoyed it!

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 14:24, by Albert Fisher

I think that this course has been one of the most interesting so far in my degree. It is refreshing to see business from a more human and realistic point of view. I find that many of the courses we have taken up until now treat people almost as if they were robots whose only motivation is maximizing some abstract concept of ’utility’. We end up being told that the only thing that motivates people is money and that the only goal of a business is to make as much of it as possible. If this were true we would be living in a very sad world! In this course we have seen that human beings are much more complicated than that and that it can be very difficult to know what to do when facing a complicated issue.

By focusing on the dilemmas real people have faced while working and discussing the different options that are open to us, I think that I now have a much clearer picture of how I would react in these situations. If we never ask ourselves these questions we can find ourselves in a difficult situation and end up taking a decision we later regret. I feel like this course has given me the strength to do what I think is right. I also think that I have learned how to organise and defend my arguments better than I have in the past and also recognise poor or incomplete reasoning.

Summarizing, I think that this course has prepared us all for the ’real world’ better than other courses we have taken. It has made us question our own motivations and beliefs and shown us that, outside of economic theory, the world is full of grey zones where maximizing profit is not the best goal for a person or a business.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 15:03, by Claudia Soler

With this course I have learnt to think in a different way from that that I have been taught. A part from having to think and discuss about topics I have never done in class, I have learnt to think in a critical and more human way and in a useful way to found potential solutions for the problems I had to face with each case.

For instance, I have never thought about corruption, tobacco industry, or how our decisions can affect the lives of that people who are exploited in sweatshops in the way I had to think with these cases. I have always known that these problems exist, but I have always positioned me as a person who has nothing to do and who cannot change anything in those industries. Therefore, I have learnt to focus on myself first when discussing about such topics and to ask to myself what would I do in such situations. Moreover, I have learnt that from my privileged position, since many people are not able to study and don’t have access to the facilities I have, I am able to take important decisions that can have an important effect on others.

Finally, I find very important the fact that my decisions have an effect on other people’s live around the world. Therefore, this is what I think it can be useful in the future, the fact that whatever I do I have to think about how this will affect the people who surrounds me but also those who I do not even know. In addition, I have learnt that when facing a problem or a case such those made in class, in order to think in a critical manner I have to include myself in the problem and not take the problem as it was distant to me

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 15:04, by Ashley Carroll

In this class I learned many ways of thinking. Specifically, I learned to think outside the box when doing the writing assignments. Even if the assignment seemed simple and the reading was clear, it is always important to look at the situation through anothers perspective before determining my answer. Also, this way of thinking forced me to be creative with my writing. If the assignment asked for a solution to a problem, I made sure that what I wrote was some how different than what I assumed my peers would write.

Another (personal) thing I learned was how to publicly state my opinion. As a person who has recently broken out of their shell and prefers to do the "behind the scenes" work, I have always been a horrible speaker. Between the in-class discussions and section statement requirements, my confidence to be able to speak my thoughts aloud has grown. This ability will help me greatly in my future goals of being a statistician because I will have an easier time presenting my research and modeling simulations with those I (hope to) work with. Thinking outside the box (as stated above) will also help for there is never just one way to solve a problem. Especially in statistics, there are always many ways to chart, plot, take, and calculate data in order to determine an answer for whatever answer was asked.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 16:35, by Esther Molero

The most important lesson I take from all the things we have been through is that things normally are not just black or white (actually, they are GREY!). I used to believe I had strong beliefs, based in my very own idea of morality and ethics. Along this course, I discovered myself giving thought to statements I would not have considered before; it is very surprising the potential to make you grow that just the fact of putting other’s shoes can have!
Also, this subject has leaded me to a great personal growth. I have been thinking a lot about myself, and the most important thing I have learned is that I need to be brave. Things will not change unless you commit to make them change, and in many cases, it is just fear that stops us from doing so. Meet yourself and in the process, try to be the person you want to be by acting consequently. Believe in your objectives and fail, but fail because have you tried, not because you did not even start to walk in their direction.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 16:39, by Juanjo Velaz

It is difficult to make a detailed assessment of what I have learnt in the course. There is something I have learnt and that it does not have relation with ethics nor moral. It is related with myself and my dedication. I have learnt that I need to improve in many aspects. First in dedication and second in my preparation as a whole. There are many aspects I would like to improve, and I have realized about them in this course, thanks to probably your severity.
Getting into the course, probably I have understood that I have to open my mind, even I do have my own thoughts. I have got that it is very difficult to change the way you think and to choose it, because we live in a system that chooses for you and that makes you believe what it wants. I have always been pro maximizing profits and efficiency of the company, and I have seen that sometimes humanity is much more important.
Finally, I found really inspiring the last seminar session of the course, the dream business exercise. It made me think I got some dreams when I was a kid, some dreams that have been modified with the course of the years and with the closing of some ‘doors’. I am constantly stopping and dreaming, but in my opinion is not just about dreaming, you also need somebody that encourages you to do what you really want, and that depends on many factors. Some factors that depend on you and so many that you cannot control.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 10 June 2013 22:02, by Anna Blesa

In this course I leaned to think according to myself and that’s why was difficult the first sessions ,but along the time, it was more easy to express my opinion according by believes than what was wanted to be listen. Because my though has been developed with more power but also with the capacity to face a wide range of ways to believe in the same situations, that was reflected on the discussions in the seminars class.

Secondly, I face that all or the most part of my degree was about how to generate a huge amount of profits, but now I realized that there are a lot of firms that are regarded by the society as successful but in fact this firms have zero compromise with the environment and with the society. So, why it its possible to admire this firms only by his profits? So there is a important problem that has to be result by making transparent all the worse externalities with the aide of courses as Marc has been teaching.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 11 June 2013 00:39, by Lucas Sanchez

Honestly I have never like ethics, I am consider a student who like study history and all this subjects that do not precise reflect about anything. I know that I could be very simplistic and that is the reason why at the beginning of this course I did not trust a lot in this subject.

From my point of view, when you decide studying a degree, you not only acquire knowledge about this specific studies but also about life, I think that university has to teach you not only subjects but experience on life and International business policy has made me change the way I see the life. I have acquired decision tools that will be really useful in my future. Our degree is focused in a rational way, we have learned to think always in a rational and economical way of maximizing profits but this subject has taught us to think in a very different way. I have learned that this type of thinking has lead big firms to commit horrible acts in Nigeria, India… and thinking about the values of ourselves we can change the world. Only if we know our values, the way we see the world and we really know how we think we could decide of acting in a more ethical way. I have also learnt that our actions are plot in a grey zone and sometimes we are unethical or sometimes we are more ethical.

Finally, I have opened my mind with different perspectives in the several cases that we have studied during the seminar or in class.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 11 June 2013 13:35, by Paola

From my point of view, this course has been a real university class. It has been a course where I had to really think, to reflect... Where I had discussions with myself, I felt confuse and sometimes lost. It has been really interesting to know myself and to learn how to know each other and especially how to respect and listen to other opinions.

I may highlight some key points that I’ve learned. First of all, for having a strong opinion on a topic it is very important to have the ability to understand other points of view. It is important to be open-minded and not block yourself in what you think. I must not think that my opinion is the best one. Not everything is black or white, most of the time it is grey. Secondly, it is true that we can not change the world but we can design our future. We can decide where to work in the future and what to choose in our day to day.

Finally I want to add that I have really enjoyed that course in my last year of University. I consider it has been a very original teaching method that should be implemented in many other subjects.

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WeDreamBusiness, Conclusion and Sharing of Key Learning (Lecture 10 with Discussion, June 10, 2013) 12 June 2013 15:03, by Luc

From the beginning I experienced Marc as a different kind of professor than what I am used to. He did not seem to care about pumping meaningless knowledge into our heads, but just to show us different perspectives to use the knowledge we have. He learned me trough out the course what it means to be free to think and act. He challenged us to think for ourselves and to think outside of the current system. I believe that this course has a positive influence on my personal and professional life. It is one of the most interesting courses I had in my whole degree. I did not expect a university course to make me dream and think about what I want in my life. This course certainly did that and I am happy that I choose this class.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 10 June 2014 22:14, by Irene Sánchez Servián

I think this course is such a different one. I have perceived it as a unique experience in which I have grown if I compare it with other degree subjects. I have learned to be more open-minded and be able to make an argument more elaborated through deep thinking avoiding poor reasoning, the easier one. I have also tried to visualize the same things with opposing perspectives, which I found it quite difficult. This course is also a very distinct one because there is no single valid and correct answer, unlike the majority of subjects I have found in economics degree. I can express what I consider without feeling insecure of what I will expose. It consists in expressing what I just think and the feelings I have.

I have also been aware how most of the companies operate. Ethics, the most important factor to be successful, is ignored in many cases due to the unstoppable and focused goal about maximizing numbers. They think by this way they can maximize utility while ethics are the main basis to get this. So, corporate social responsibility is fundamental but not abundant. However, society is not aware that consumers are the responsible in many cases to let this kind of companies to grow because they are the ones who fuel the growth of companies through consumption. People complain about how some firms exploit people without respecting rights and treating them as robots but in part, they are blame.

Concluding, this course has changed a bit my way of thinking. Before doing this course I could think as the way companies do because if people are not informed, they find adequately that companies have to maximize profits. But what society does not really observe is that companies focus on this goal even if it means behaving unethically.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 10:18, by Fidel Castro López

This course have been something inedit, unique for me. It has given me the opportunity of doing something that I do not like or is really difficult because of my personality, open my feelings to everyone in class. The metodology and main points of the class have helped me in order to reach the personal satisfaction of being able to do it without fearing anything.

Moreover, I realise that it works, we have been discussing and talking about topics, some of them a little bit controversial others not, and we were pushed in order to discuss and debate all the different points of view even if we did not agree and not to rely in the sources from we got the information. We were pushed into uncomfortable positions that have helped me to develop my thoughts and think beyond my ideas and beliefs.

Finally, I have rediscovered that the business world is full of incoherences, but as I have seen thanks to the dreambusiness project, there is still a sector of people and companies that work towards responsability and ethics, not only benefits.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 11:10, by Marina Carral

International Business Policy: an ethical perspective. I feel this course is one of the most important I have taken in university so far: it has been different, motivating, inspiring, amazing, sometimes disconcerting as well, mysterious, full of energy, pushing, emotional, personal and academic, challenging but satisfactory. I have found how to feel personally connected with a university course and how I can learn to deal with the human implications that our studies and carrier embody. Business, economy, money are not free from linkages to our society and these can in turn raise ethical dilemmas and discomfort to our feelings, thoughts and perceptions when we look at this world. I have learned that ignoring this side of business and economy will make me in fact emptier and weaker, because I can learn to be stronger from acknowledging inconvenient situations that surround everyone of us. And that’s what will help me in life: being more critical but at the same time having more security to face difficulties, questions and problems. I have learned that subjectivity is a very powerful tool that can push me to absolutely valid ways to approach issues as well as the courage to reflect on them while taking some action.

This has been for me the open door of an infinite learning process, because I believe learning does never end: and that’s what makes life amazing and interesting. The path is in front of me and now I feel stronger and more convinced to the directions I want to take and how I can be more intelligent, sensitive and smart to make the most out of every new situation. The path is long and difficult, but I am sure the journey will keep surprising me.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 14:49, by Annina Orasmaa

International Business Policy is one of the best courses I have taken in these four years in University. Not only its content but also the structure of the classes and seminars has been inspiring.

First, the organization of the course has support my learning. Reading the materials and preparing some thoughts before classes has done the listening more interesting. It has made me thinking the issues before hearing the actual lecture. Having only one chance to speak in the seminars has forced me to think through my arguments and made my performance more convincing.

Second, the course has made me thinking about ethical dilemmas through the case studies. I have learned so much about ethical catastrophes and also about ethical companies. I have learned the world is not that black-and-white and there are always two different sides in ethical dilemmas.

Third, I have learned there is a change to make. Every person has an effect and everyone can do something. It can be a small thing, like supporting some ethical companies or avoiding unethical ones. It can also be just opening your eyes and starting to be aware of the issues in the world! We have the power.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 15:33, by Rita Carreño

This is the course where I have learned more and one of most important hours in my degree. I found motivation, exasperating moments, curiosity, interesting cases, and unknown values in me, humanity, sincerity ... Everything is different in the course beginning from how is it teach, looking for different points to begin and to finish, thinking. It was a totally unique experience that started when Marc showed us that things can be grey, that there are multiple correct answers, if they are always provided by arguments and think differently does not mean thinking wrongly.

It has taught me that dilemmas are always there, but it all depends on how you see and treat them. I have known cases which were totally unknown to me and I have learned a little more about the actual operations of enterprises, the human part of them. What we can discover here is that to think makes us stronger, and that is the most useful and powerful tool that exists. Probably believe it is the most difficult thing I did in this course, reasoning everything I see and hear. And most important is that I can apply in my life, I can be strong and sure of myself although I don’t have answers, I can go on my way without fear, without thinking that it is impossible. As me there are companies that with these same values go ahead, showing us that there is something more than numbers and benefits to becoming a good company.

I’m surprised about everything I have learnt in just 3 months, excited to continue learning and happy about what I have discovered from myself.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 15:45, by Piotrek Rozenbajgier

For me, the most essential thing I learned during this course was that running an ethical business is not only possible in this cruel and money-oriented world, but can also be profitable and can give your life some more meaning. Seeing all the examples of the companies acting unethically, taking a different perspective on their actions and then comparing that with the companies from other students’ presentations got me motivated in case of supporting the ‘whiter ones’.

I also realized how biased I am when it comes to create my own opinion. Sometimes it requires a lot from me to take a different look at someone’s actions or try to feel like managers or CEOs of companies. What’s more, I learned how biased are other people. After years of working for a company they stop thinking about ethical issues, even if they try to do something positive, ethical, their perspective is so disturbed

Now I feel like I am more respectful for other people’s opinions. Making everyone speak in the class is a beautiful idea, I never realized how different and interesting points of view some people have.

About my future career, I really believe this class will have a huge influence on it. Listening to stories about teaching big companies I could see how important it is to be honest with yourself and to be able to look in the mirror every day, not being ashamed of your acts. I don’t want to end up working for a company that doesn’t try to make a world a better place. And when I think about starting something on my own, I realize that it makes me feel good to imagine my company doing CSR, sharing some profits or doing any other activity not focused on maximizing my profit only, but mostly focused on helping other people.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 15:55, by Tatiana Stankovianska

International Business Policy was a really great experience for me. It was totally different to what I was used to before.
I think the most important thing which I have learned is to just open my mind and think. Not assume that my argument is the best and that there is no other way how to look at a problem or a dilemma.

I have really enjoyed the dreaming session which gave me another perspective which I have not explored before. It made me realize that I need to take care and change certain things in my life if I REALLY want to become the person I have dreamt about.

This course helped me to think about ethics in different way- as a grey area. Moreover, it helped me to shape my attitudes toward ethical dilemmas and what happens when I pick a less ethical or more ethical path towards it. Now I know that even though the solution might not look as a positive to other people, it is only in my power to change their attitude so they see it differently.

I think that one of the most important things which I can take with me into the future is how to formulate my opinion and support it with really strong arguments which can support it. Building contra-arguments was also a great addition which allowed me to think against my own beliefs and values to see the potential perspective of other people.

To say it in one sentence, this course helped me to think outside my usual box and explore other attitudes, opinions and perspectives.

The most valuable sentence from this course is: Do not be afraid to change your goals in a process of achieving them because that change can make you even happier.

I really enjoyed this course and I would recommend it to everybody.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 17:10, by Natalie Bui

This course was not was I expecting at all. When I signed up for this course, I was just thinking I would learn about the different policies implemented by international businesses, not about ethics. For me, it was an uncomfortable topic because I am aware that many companies abuse their employees and their power, but it is something I merely brush aside. I have heard about garment factories collapsing and helpless child labor, but it is something I ignore because I don’t feel like I can change anything about it and to be honest, I didn’t have any urge to because of helplessness and general apathy. This ethics class has made me confront these issues in the business industry. It has made me more aware of these issues and educated me about several incidents that I would have never known had I not taken the class.
The running question throughout this course was what is a company’s motivation and why they do what they do. The automatic answer is profit and utility, nothing else – keep that cash flow coming. Prior to this course, my thought was it is not even worth being ethical because it’s costly, requires more effort, and it reduces profit – what company wants that? Well, to make change and pave a new direction, costly implementations that require more effort will need to be done so that workers will be treated right and for change in the industry. It is also possible to be profitable and ethical, it just needs to be a part of the company’s DNA. The ethical cases that students had to present for the group project showed that companies can make a ton of profit, treat their employees ethically, and maintain other charitable priorities. It’s quite possible.
In addition to these thoughts, I have learned to think outside my comfort zone which was also uncomfortable for me but slowly I let it happen. I remember in the first few seminars, the professor said I can state why this Milton Friedman article is scientific (when I clearly thought it wasn’t) and I just thought wait…it definitely could be argued from that viewpoint, which ties this entire course together. I came into this course thinking business is for profit only and nothing else, but there are many directions an owner or corporate can take their business – it’s all how you see it.
Last note, I told my friend about every single case in this course and how we analyzed it. She actually wanted to attend and see the material we studied. I’m glad I could bring this material to light and interest other people as well.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 18:39, by Erwin Godoy

The key ideas I’ve learned in class that stuck to me the most includes arguing for the opposition, questioning the validity of my resources, and the conscious ethical choices I make.
Arguing for the opposition has allowed me to change my perspective and take the opposition into consideration. It usually alters my initial stance on a subject and allows me to make a more objective argument. In the future, when I’m making business decisions, this idea will really benefit me because I can probably make decisions that will not only please the business, but the stakeholders as well. It has the potential to reduce risk and empathize with more around me.
Questioning the validity of the resources I resort to has allowed me to have objective and carefully-crafted opinions. It’s more of a personal accomplishment, but I do not like to lie. I don’t often have many opinions due to the fear that I may say something wrong, but this concept helps because it allows me to become more confident in what I say. Once I can validate a resource I use, I will become more comfortable utilizing that information. The next time I see myself in a debate or a sale, I will not only offer correct information, and my confidence will shine as well.
For the most part, I’ve always known about where the things I bought come from, but I truly didn’t let it sink in. After analyzing the choices consumers and businesses make, it doesn’t help me rationalize my behavior, but it lets me have greater control of what I’m doing. I don’t feel blind and manipulated. Even though I still may make unethical choices, I learned that I have the power to educate and understand the entire picture. This will help me make better choices that will benefit me in the long run than just focus on short-term goals. In a business setting, I’ll have the opportunity to look at short-term and long-term consequences and make a more educated and wiser decision.

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Conclusion and Sharing of Key Learning (Seminar 9 with Discussion, June 11, 2014) 11 June 2014 19:01, by Omar Alkassab

During the course of this trimester with International Business Policy I have noticed that my thinking patterns have changed. I learned that my first impression or opinion over a matter is most probably not the best one. Being a rather impulsive character, it was not easy for me to keep thinking about the same thing, including different viewpoints and arguments, asking myself different question over and over again and to simply dig deeper. But the difference this approach was very revealing. Until now, I couldn’t say which of my opinions were truly mine and which ones I only adopted from my environment or simply had because somebody told me to have them. I also noticed that when I had not thought about a topic as this course expected me to, my opinion was easily influenced by the opinions of my colleagues, which made me realize the power the media, politics or random people with authority carry in regards of manipulating the masses.

This course stands in great contrast to practically every other course in my studies. I was always taught the most direct, most economical or most simply approach to solving a problem. Here I realized that sometimes the solution itself is not important but how we get there and what we find on our way and that only because I was taught my whole life that something is one way, does neither mean its true nor that it can’t be changed.

I also find it quite ironic that from so many sides we hear how important it is to think outside the box, consider other points of view and that personal skills are often better from mechanical ones which a lot of people can replicate, especially if we want to be successful in life, yet this is the first course that actually made an effort to making us better people.

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