Mr Grudem Chapter 1 Summary

In the seventh chapter of Why Business Matters to God, Van Duzer asks readers to answer some questions to see if they have an understanding so far on how they then should do business? Some of the questions included on what the proper purpose of business and what are some of the convenient limit to the practices of business. Some of the major points are the answers to the three questions that were introduced about the summary of business framework. The first main point within the novel is the purpose to serve. The author states that to understand why business matters to God, you have to understand the role that God plays in wanting to profit companies within our world.

There are many Bible verses that relate to business character. Many of them speak of honesty and integrity in business actions. Character is defined as the combination of a person’s ethical and moral qualities, and it is shown through the choices we make. Therefore, as a business owner or decision maker, one needs to consider the impacts the decision may have on others and the community and not be hasty in making the quick decision that may have negative impacts in the future.

A Biblical Worldview would also provide many economic principles filled with wisdom. Such principles include protecting those

Profit usually refers to money earned, caution is taught in 1 Timothy 6:10 “For the love of money is the root of all evil…” (Thomas Nelson, Inc., 1982) This does not have to be the case though, for money can be used to glorify God. Money in itself is not evil; it is what is done with it that may be evil. God must always be first and foremost in our lives, not money and the things it can buy us. Matthew 6:24 “No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.” (Thomas Nelson, Inc., 1982)

a rich man to enter the kingdom of God.” (Doc. 1). This is very bluntly saying that there

Money was important for a lot of things like paying your Taxes and you could trade your money for other things. Also you did not want to get in debt for a couple reasons like if you did not pay them of in time you would be put in jail for a while.

Impressive your assignment was straight and to the point. I was really inspired to hear that BB&T, was not just a company that you invest in; it has been an enduring occupation for your spouse for many years. After doing further research on BB&T, I quickly discover that BB&T gives back to the community. Which is important, Colossians 4:1 reminds us of that with the following statement “Masters, give unto [your] servants that which is just and equal; knowing that ye also have a Master in heaven” (King James Version). One large, public banking corporation, BB&T, has funded grants to more than 60 colleges and universities in the United States to address what the corporation refers to as the “moral foundations of capitalism (Beets, 2015).

According to Duzer (2012), In pursuit of God’s purpose, people need to understand the ethical limitations embedded naturally in design of the God’s creation. It is not enough too simply align our businesses purposes with God earthly design, without limitation we still fall short of Gods expectations. God’s creation purpose for business includes businesses that serve the community in a positive way that strides to serve all citizens according to God’s plan. For example, a business might be able to produce more goods and services that would enable the community to flourish. It might create more vocationally rich jobs for its employees by disregarding its duty to provide return to its shareholders (Duzer,

1. The barter system has been around for a very long time. We even use the barter system in the United states today. The barter system is essentially an exchange of goods and services, something for something, Of course it has evolved over the years. Back then it would be like giving flower in exchange for sugar, but now it is paper currency in exchange for anything.

Another aspect of business activity that Grudem inquires about is profit. When people think of profit the first thing that comes to mind is making money and a famous saying usually follows that train of thought; money is the root to all evil. This saying is derived from the Bible but the scripture is reworded and taken out of context. 1 Timothy 6:10 says, “for the love of money is the root of all evil: which while some coveted after, they have erred from the faith and pierced themselves through with many sorrows”. Because some people feel that money is the root to all evil, they view making a profit as being evil. Grudem explains that making a profit not only helps others, but also corresponds with God’s teaching to subdue the earth in making use of the earth’s resources. Therefore, profit is an indication that I am making good and efficient use of the earth’s resources, thus obeying God’s original “creation mandate” to “subdue” the earth

Dr. Wayne Grudem is a New Testament scholar turned theologian, author, and Research Professor of Bible and Theology at Phoenix Seminary, Arizona ("Wayne Grudem," ). In lieu of many of his great accomplishes, Dr. Grudem has also written numerous books and articles. Among those books, he is the author of Systematic Theology: An Introduction to Biblical Doctrine, which advocates a Calvinistic soteriology, the verbal plenary inspiration and inerrancy of the Bible, the body-soul dichotomy in the nature of man, and the complementarian view of gender equality ("Wayne Grudem," ). In 2003, Dr. Grudem released a book titled “Business for the Glory of God: The Bible's Teaching on the Moral Goodness of Business”. Within this work, Dr. Grudem tackles

There are a few differences and similarities between the two articles. The main difference that I saw was that Grudem acknowledges that the earth is still okay. He discusses how god still left much that is good on earth. Also he quotes a passage saying how human beings should feel free to use earths resources. Where as Francis does not take that approach much if at all during his article. However they both agree on some things as well. Both authors acknowledge there is a pollution issue. Grudem discusses how humans produce a mass amounts of solid, liquid, and gaseous waste. Francis talks about how pollution has become a part of our daily lives and thats a big issue. Both Grudem and Francis discuss well relevant issues.

People are created in the image of God and by design all people belong to God. The people who have chosen to accept God’s promise belong to God forever. Psalm twenty-four is a praise to God, “The earth is the Lord’s and everything in it”. Everything belongs to God, our life, materials, business, relationships, absolutely everything. God cares deeply about our wealth and health. However, the sin that corrupts our bodies and minds, and there is no guarantee that the Christian business person will prosper. The core of true life is in

Biblical entrepreneurship, as defined by Tsague in Biblical Principles for Starting & Operating a Business, is a Biblically based process of identifying opportunities, taking calculated risks, solving problems, and exercising business stewardship for profit (Tsague, 2006, pg.18). The text gives many principles that are crucial to doing business successfully from God’s perspective. The following twelve principles show how Biblical entrepreneurship relates to a Christian worldview. “God has given each of us talents in

Question 1: In the 1960s, Milton Friedman said that the purpose of business was to increase shareholder return and that issues of ethics were not the concern of any business – the law should be complied with, morality should be strived for, but ethical consideration had no place in the business environment.