Value chain&stakeholders

8 Elements of Critical Thinking

Standards of Critical Thinking• Clearness-easy understood and free from the likelihood of misunderstanding• Accuracy-thinking and words are accurate• Importance, Relevance-Directly relevant to addressing the problem at hand• Sufficiency-taken into account all necessary factors• Depth and Breadth-look below the surface of the question or issue to accomplish your purpose-recognize the need to look at other aspects• Precision-specific and detailed

Distinguish between value chain & supply chain

Presentation • Comment on the author’s purpose/ point of view(news item recently /article)

• Recognize assumptions-How credible is this news piece?(credible report source)-The reporter’s background-Repost statistics

• Evaluate arguments (standards of critical thinking)-accuracy , clearness, importance and relevance, precision, width and depth, sufficiency

• Get conclusion-evaluation using the 6 standards

Criteria:Overall structureIntroduction, critique, conclusion

Topic selectionRelevant, topical business news

Critical analysis

Professional delivery

Stakeholder analysis

Introduction-context : briefly describe M’s operations-Define “stakeholder”-Specify stakeholdersBody-discuss key concerns/needs-indentify conflicts between stakeholdersConclusion