Skip to main content

Just my thoughts #0753

Wagons are believed to have been first created in western Asia around 3500 BC. Initially, because the wheels were disc-shaped, they were pulled by cattle due to their heaviness. However, after the invention of spoke wheels, horses could pull the wagons because they were lighter. Naturally, there was a big difference between the speed of a wagon pulled by cattle and one pulled by a horse. This led to a decrease in travel time. A minor adjustment to the spoke design sparked a significant change in human civilization. Nearly all innovations start small, but even the tiniest change can have enormous consequences. Many unseen factors contribute to this innovation in our lives. - Joseph’s “just my thoughts”
Post a Comment

Just my thoughts #0163

Some question the need for ethics and a mission in business, even when the company is profitable. A transaction involves meeting needs and recognizing values, both of which connect to “morality.” Trust underpins all transactions, and morality is its foundation. While anyone can err, it is our moral obligation to make amends. Though it may be tempting to disregard that morality by persisting in trade, there are decisions that, without an ethical framework, can lead to irreversible consequences. This is not merely a mistake.


- Joseph’s “just my thoughts”




Labels:

Comments

Post a Comment

Popular posts from this blog

Just my thoughts #0006

"Apples are the fruit" is a true proposition. At this time, "apples" are a Sufficient Condition to be fruit, and vice versa, because the "fruit to be an apple is more necessary for other conditions such as "red, round", the fruit is a Necessary Condition to become an apple. If the proposition of "If you respect someone, you'll get married" is "true," it's a "Sufficient Condition" to find someone you admire for marriage, but it's just only a "Necessary Condition" to find someone to marry for respect. Even with respect, you can not get married. You can't get married even if the Reverse Proposition is "true." Because marriage is a matter of "choice" before conditions or needs. If you want a respectable man, you can find a great man. To live comfortably, you can find a rich man. So, is there no Necessary-Sufficient Proposition for a marriage (conditions where both the proposition ...
Post a Comment
Read more

Just my thoughts #0039

The Anchoring Heuristic In 1974, Tversky and Kahneman divided two groups and asked one group to calculate the value of "8x7x6x5x4x3x2x1" and the other group to answer the question "1x2x3x4x5x6x7x8" immediately. The average calculation result of the first group was 2,250, and that of the second group was 512. For both groups, the original answer is 40,320, which is the same. Although they multiplied by the same number, the first group multiplied by the order of the larger number, resulting in a higher baseline adjustment, while the second group did the opposite. When we judge and make decisions, the reference point determines the extent and direction of our illusion. When we live, we have to deal with these fallible human beings. - Joseph's "just my thoughts"
Post a Comment
Read more

Just my thoughts #0057

Most people substitute the issue of choice with the issue of ability. They recognize they cannot do it because scaring to make the wrong choice or lack the knowledge. Banks pay me 1 to 2 percent interest annually on deposits but charge me 4 to 5 percent on loans. It's a game where I'm losing money in every way. Then, I want to avoid putting my money in the bank. It would be better to use it to purchase that bank's stocks as a substitute but meticulous care is required. To make a choice, you have to conquer your fears. How is this a difference of ability? - Joseph’s “just my thoughts"
Post a Comment
Read more