Business: Practical Application vs. Ethics

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Business: Practical application vs. ethics

Pete Holiday said "Capitalism needs to function like a game of tug-of-war. Two opposing sides need to continually struggle for dominance, but at no time can either side be permitted to walk away with the rope." It seems that college is just training for a businessperson to deal with that tug of war. Michael Inciardi, a York College Senior, thought that one of the most important skills he acquired from college was "Competing seemingly enormous tasks in time that was not enough to do them." I see college it self as an experience in budgeting your time and allocating for the seemingly enormous tasks when there does not appear to be enough time. Through my interviews and readings, it seems that doing a job quicker is as important then doing it well. Identifying these times is one of the skills a good businessman has.

I often ask myself, "Is adequate work enough? Can I get by simply by doing it faster then the next guy?" This is not the feeling of Colin Hadley, a graduate student at the University of Maryland, He believes doing a person's best with restrictions is very important " Whenever we have a long project … Spend hours doing extra research and lots of late nights … It's usually done just before the deadline but it's a culmination of a lot of extra work that wasn't asked for that I just decided was needed." This leads me to conclude that speed is not the most important aspect thoroughness is just as important.

I have also thought about how school is a micro chasm for the real world but is accurate for the real world? Richard Rubenstein, Senior VP at Oppenheimer thought so. Mr. Rubenstein stated in an interview on March 28th " The competitive school I attended [Lehigh University] allowed me to be a better business person". He also said that, "Most schools have a comparable business program and most represent a well rounded business person in the real world. When I do my hiring the school is becoming less...
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