Answer:
At its core, problem solving is a methodical four-step process. You may even recall these steps from when you were first introduced to the Scientific Method.
First, you must define the problem. What is its cause? What are the signs there's a problem at all?
Next, you identify various options for solutions. What are some good ideas to solve this?
Then, evaluate your options and choose from among them. What is the best option to solve the problem? What's the easiest option? How should you prioritize?
Finally, implement the chosen solution. Does it solve the problem? Is there another option you need to try?
Explanation:
Creative Problem Solving Techniques
Separate ideation from evaluation. When you brainstorm creative ideas, have a separate time for listing it all down. Focus on generating lots of ideas. Don't prioritize or evaluate them until everything is captured.
Judging will shut it down. Nothing stops the flow of creative ideas faster than judging them on the spot. Wait until the brainstorming is over before you evaluate.
Restate problems as questions. It's easier to entice a group into thinking of creative ideas when challenges are stated as open-ended questions.
Use "Yes and" to expand ideas. Here's one of the basic tenets of improv comedy. It's way too easy to shut down and negate ideas by using the word "but." (i.e. "But I think this is better...") Avoid this at all costs. Instead, expand on what was previously introduced by saying "Yes, and..." to keep ideas flowing and evolving.
Planning and organizing of business success are reflected in this scenario.
Since the business proprietor is worried about analyzing the materials and equipment that are for use on an ordinary basis and he plans to shop for them in bulk. That is a clean instance of making plans as it entails the analysis of providers and equipment after which establishing them in order to shop for them in bulk.
Planning is the process of thinking regarding the sports required to obtain a preferred goal. Planning is primarily based on foresight, the essential potential for a mental time journey. The evolution of forethought, the potential to think in advance, is considered to have been a top mover in human evolution.
Organizing (management), is a procedure of coordinating mission desires and sports to assets. community organizing, wherein groups come together to act on their shared self-interest. expert organizing, an industry built around creating organizational structures for people and companies.
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Answer:
23.77%
Explanation:
Given that,
Purchased a stock eight months ago for $36 a share
Today, you sold that stock for $41.50 a share
Return for 8 months:
= (selling price today ÷ Purchasing price)
= ($41.50 ÷ $36) - 1
= 15.28%
Annualized rate of return:
= (1 + Return for 8 months) ^(12 ÷ 8) - 1
= (1 + 15.28%)^(12 ÷ 8) - 1
= 23.77%
Hence, the annualized rate of return is 23.77%.
<span>The person who would be best suited to analyze budgets, create reports, explain information to others, and handle internal company procedures and finances is the </span><span>D Business Analyst. He or she is responsible for financial reports in order for the business to maintain its finances. </span>
