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Alan Greenspan Speech

Essay by   •  March 29, 2017  •  Study Guide  •  576 Words (3 Pages)  •  1,143 Views

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My definition of good life is a life with trust and respect.From Alan Greenspan, the film shattered glass, and the help Henry exercise I learned the importance of honesty and trust in my life. My career of interest is design, so that the three assignments help me to made a great impact on my future because design is based on your own creativity and originality. As Greenspan stated,” ‘good will’ in business is added into our balance sheets”. Also, from the movie shattered glass, I had a touching moment of guiltiness and epiphany that dishonesty will be found out sooner or later and we need to always be honest in our daily lives. To be a future business man with a good reputation, and to achieve this good life, I decided to start by not telling lies to my parents and work on assignments on my own rather than asking for help from my peers. I need to show my true ability like Packer and start adding integrity and good reputation onto my balance sheet.

I agree with Greenspan that in current society, there are numerous people that have succeeded “by cutting corners and manipulating associates”, which means to find a shorter and easier way to success. It is a competitive society and people are desperate for materialistic success. In order to achieve what they look for, many people have dishonest behaviors in this kind of competitive environment. I believe that Greenspan’s argument for being honest when doing business is realistic. As a businessman, he was successful through honest trading. He stated that he “found no greater satisfaction than achieving success through honest dealings.” He had pride in himself as he gained confidence through being an honest businessman. His reputation has grown since he had positive mindsets, and kept practicing being honest when doing trading. DM: Well said!

A balance sheet includes the assets that a company holds and any debts that a company owes. A balance sheet is important to a company because it can reflect the current situation of the company. Greenspan stated that “having a reputation

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