A good way to become a systematic problem solver is to adopt the following five-step problem-solving process.
Identify the problem. This is critical: you must try to solve the right problem. ...
Analyze the problem. ...
Identify decision criteria. ...
Develop multiple solutions. ...
Choose the optimal solution.
Trade balance is calculated by subtracting imports from exports. In this case, exports are higher than imports which means we have a favorable trade balance. If imports were more than exports, you would have a negative trade balance.
Answer:
The best option would be;
A. Call Phil in for a private meeting to appreciate his work
Explanation:
Communication is very important in a company set up since information can be passed between employees of a company. The money in which the information is passed is also important, and usually depends on a variety of factors. These factors differ from one company to another, and therefor one needs to choose wisely the manner in which he/she is to communicate.
One factor that will be considered is the personality of the person that this particular information is to be passed. The information is to be passed in a manner that is respectful and doesn't cause any discomfort or embarrassment to the recipient. In our case, the team member, Phil, is an introvert. Introverts are generally people who keep to themselves a lot and have a dislike of publicity. This means that any option which will make Phil a public figure in the work place would not be well appreciated by Phil.
The best option will therefor be to call Phil in for a private meeting to appreciate his work. This will make Phil feel respected and appreciated while at the same time will not make him uncomfortable by exposing him to the public.
Answer:
Develop International management skills
Resolve commercial challenges. ...
Explanation:
Devon would most likely benefit from studying international business issues because it will help him:
1. Develop Management Skills: Devon might grow to a management position in an international company without having the required skills and knowledge on how to manage a multi-cultural business environment.
2. Resolve Commercial Challenges: Although Devon does not have international responsibilities, he might be appointed into a team or would be much more valued in the company if he proffers solution to commercial challenges. The ability to do so will be gained with a study in international business.
Answer:
Procedural justice
Explanation:
Procedural justice is centered on the idea that there should be fairness in the process used in making decision or resolving disputes in a transparent way without being impartial, to ensure the process brings out the right outcomes.
Jessica believes that there’s a problem with the firm’s procedural justice as she believes her firm’s process and methods in determining increase in her salary is not fair enough.