University of Cape Town Archives

│By Brendon Ndoro, Gale Ambassador at the University of Cape Town│

In Business studies, it is easy to assume that success is all about securing the best return on investment. However, true academic and professional success requires a deeper, more analytical approach: critical thinking.

The foundational concepts explored in the study of business ethics, particularly covered in the “Business Ethics”¹ textbook by Jimmy Winfield, George Hull, and Greg Fried, will be used to explore the topic of critical thinking and how it can be used to distinguish between what is merely profitable and what is genuinely right.

The Times Digital Archive offers us the ability to travel back in time, providing us the opportunity to audit the reasoning of past business leaders and equip ourselves with the logical tools needed to succeed today.

│By Brendon Ndoro, Gale Ambassador at the University of Cape Town│

When does one acknowledge the impact of their decisions on society? How does one remedy their wrongdoings? When does one act in response to the threat their actions bring upon the welfare and sustainability of society and the environment?

These are a few questions Business Studies students may come across when delving into the world of business ethics. A great starting point to answering questions like these lies in understanding Corporate Social Responsibility (CSR). CSR is an ongoing practice in the world of business. It is a management concept focusing on the integration of social and environmental concerns into a business’s operations and relationships with various stakeholders.