Portfolio Assignment
SUS1501 – Sustainability and Greed
Student Number: 65825012
Mbali Skhosana
Date: 19 August 2021
Teaching Assistant Name: M Lwayo
Declaration:
By submitting this portfolio, I implicitly declare that this is my own work except for the
“Introduction” which was kindly written for me by my lecturer.
I am aware that if ANY unacknowledged copying is detected in ANY answer, I will get 0 (zero)
for the entire assignment.
Instructions:
Please read the instructions on myUnisa carefully.
Please download the most up to date version of this template from the additional resources tool
on myUnisa.
Go through the MCQs again, and record your current choice in the template (we suggest that
you don’t look at your original choices before you have been through all questions)
For each question, record your original choice in assignment 1. (If you have forgotten your
original choices, you can find these as in the Self Assessments tool. For Assignment 1 click on
“Feedback” and you will find your choices).
Jot down AT LEAST 10 notes reflecting on your choices for any of the 20 questions.
Each note must be AT LEAST 100 words long
Write your conclusion of AT LEAST 500 words
Your notes and conclusion should include references to the theory that we covered.
Your notes and conclusion should also make reference to discussions with fellow students that
you found meaningful.
Save the file as a Word document with a short name (myUnisa will reject files with long names).
Submit this file into the Assignments tool on myUnisa.
Take a screen grab of the final submission acknowledgement on myUnisa and save this
somewhere safe in case of any disputes.
Check under the Assignments tool that there is a date in the “Processed” cell for the SUS1501
Portfolio.
3Px4620201KHP6Xr#000Twc9q
,MINIMUM REQUIREMENTS CHECKLIST – i.e. if you do not fulfill ALL of these you will NOT pass this
portfolio:
1. Correct template version used
2. All 20 multiple choice question original answers captured
3. All 20 multiple choice question answers now captured
4. Notes for AT LEAST ten (10) questions
5. Each note AT LEAST 100 words long
6. Conclusion present
7. Conclusion AT LEAST 500 words long
3Px46KHP6Xr#115Twc9q
, Introduction
My aim in compiling this portfolio was to reflect on the things that have struck me throughout
this crazy module.
My starting point for doing this was to revisit my opinions to the multiple choice questions
which were presented in the Crossroads assignment. I present these current opinions, together
with my original opinions, and some brief notes in the section entitled: “Back at the
Crossroads!”
Once I have done this, I draw some key conclusions about this crazy module and about the
things that did indeed strike me.
Back at the Crossroads!
1. “Greed is good” My opinion of what should be done, is most closely described by:
a. It’s not good or bad. It’s just how things are.
b. Absolutely! If it wasn’t for greed we would never achieve anything.
c. I’m not sure. Sometimes I think that it’s good. At other times I think that it’s bad.
d. It depends on how you define “greed”.
e. Absolutely not! Greed is bad. It leads to much pain and suffering.
Choice now: E
Choice in assignment 1: B
Notes: Greed is not good; it only favors the person doing it. Greed is frequently associated with
people who succeeded in accumulating wealth and keep it themselves for their own benefit and
always want more than what they deserve. Greedy people exploit the unprivileged and the problem
with greed is that it allows others to suffer at the benefit of yourself, it is inconsiderate it is focusing
on your wants to the point that it neglects the needs of you. Many economists tend to believe that
greed is good, and it is what drives the economy, the thing with greedy people is that each day we see
the wealthy giving huge amounts to charities, but they only do it to alleviate the guilt because of the
wealth they have successfully accumulated from the poor and from the exploitation of their workers.
I want to give an example of Whitey Bassoons a billionaire who donated R100 000 worth of
boerewors while earning R620 million, honestly that is good as nothing they are only doing it for the
image of their businesses, and it is their marketing strategy to donate. They hide behind donations, if
you are giving back, you have already taken too much. Greedy people practice psychological egoism,
this theory states that humans behave selfishly and that makes it impossible to behave otherwise.
According to this theory, even when humans appear to be not greedy/unselfish (altruistic), they are
doing it for the advantage or benefit of themselves. Greed is evil.
3Px46KHP6Xr#115Twc9q
SUS1501 – Sustainability and Greed
Student Number: 65825012
Mbali Skhosana
Date: 19 August 2021
Teaching Assistant Name: M Lwayo
Declaration:
By submitting this portfolio, I implicitly declare that this is my own work except for the
“Introduction” which was kindly written for me by my lecturer.
I am aware that if ANY unacknowledged copying is detected in ANY answer, I will get 0 (zero)
for the entire assignment.
Instructions:
Please read the instructions on myUnisa carefully.
Please download the most up to date version of this template from the additional resources tool
on myUnisa.
Go through the MCQs again, and record your current choice in the template (we suggest that
you don’t look at your original choices before you have been through all questions)
For each question, record your original choice in assignment 1. (If you have forgotten your
original choices, you can find these as in the Self Assessments tool. For Assignment 1 click on
“Feedback” and you will find your choices).
Jot down AT LEAST 10 notes reflecting on your choices for any of the 20 questions.
Each note must be AT LEAST 100 words long
Write your conclusion of AT LEAST 500 words
Your notes and conclusion should include references to the theory that we covered.
Your notes and conclusion should also make reference to discussions with fellow students that
you found meaningful.
Save the file as a Word document with a short name (myUnisa will reject files with long names).
Submit this file into the Assignments tool on myUnisa.
Take a screen grab of the final submission acknowledgement on myUnisa and save this
somewhere safe in case of any disputes.
Check under the Assignments tool that there is a date in the “Processed” cell for the SUS1501
Portfolio.
3Px4620201KHP6Xr#000Twc9q
,MINIMUM REQUIREMENTS CHECKLIST – i.e. if you do not fulfill ALL of these you will NOT pass this
portfolio:
1. Correct template version used
2. All 20 multiple choice question original answers captured
3. All 20 multiple choice question answers now captured
4. Notes for AT LEAST ten (10) questions
5. Each note AT LEAST 100 words long
6. Conclusion present
7. Conclusion AT LEAST 500 words long
3Px46KHP6Xr#115Twc9q
, Introduction
My aim in compiling this portfolio was to reflect on the things that have struck me throughout
this crazy module.
My starting point for doing this was to revisit my opinions to the multiple choice questions
which were presented in the Crossroads assignment. I present these current opinions, together
with my original opinions, and some brief notes in the section entitled: “Back at the
Crossroads!”
Once I have done this, I draw some key conclusions about this crazy module and about the
things that did indeed strike me.
Back at the Crossroads!
1. “Greed is good” My opinion of what should be done, is most closely described by:
a. It’s not good or bad. It’s just how things are.
b. Absolutely! If it wasn’t for greed we would never achieve anything.
c. I’m not sure. Sometimes I think that it’s good. At other times I think that it’s bad.
d. It depends on how you define “greed”.
e. Absolutely not! Greed is bad. It leads to much pain and suffering.
Choice now: E
Choice in assignment 1: B
Notes: Greed is not good; it only favors the person doing it. Greed is frequently associated with
people who succeeded in accumulating wealth and keep it themselves for their own benefit and
always want more than what they deserve. Greedy people exploit the unprivileged and the problem
with greed is that it allows others to suffer at the benefit of yourself, it is inconsiderate it is focusing
on your wants to the point that it neglects the needs of you. Many economists tend to believe that
greed is good, and it is what drives the economy, the thing with greedy people is that each day we see
the wealthy giving huge amounts to charities, but they only do it to alleviate the guilt because of the
wealth they have successfully accumulated from the poor and from the exploitation of their workers.
I want to give an example of Whitey Bassoons a billionaire who donated R100 000 worth of
boerewors while earning R620 million, honestly that is good as nothing they are only doing it for the
image of their businesses, and it is their marketing strategy to donate. They hide behind donations, if
you are giving back, you have already taken too much. Greedy people practice psychological egoism,
this theory states that humans behave selfishly and that makes it impossible to behave otherwise.
According to this theory, even when humans appear to be not greedy/unselfish (altruistic), they are
doing it for the advantage or benefit of themselves. Greed is evil.
3Px46KHP6Xr#115Twc9q
