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Luba_88 [7]
4 years ago
12

Managers at Lenovo apply an innovative decision-making technique called __________, which means "replaying the chessboard," in w

hich they review every move to improve the next one.
Business
1 answer:
erica [24]4 years ago
7 0

Answer: Fu Pan.

Explanation:

Lenovo is a multinational technology company that was founded in Beijing, China, in 1 November of 1984. It was founded by one of the largest computers maker in the world, who is: Liu Chuanzhi.

 The name of the innovative decision-making technique "Fu Pan", which is applied by the Managers at this company, it  was introduced by Lenovo in 2010-2011 and it comes from a chinese term using in the game of chess.  

As the information given in the exercise indicates, te meaning of "Fu Pan" is "replaying the chessboard," which implies to analyze the moves made so as to do it better the next time.

In other words, the technique "Fu Pan" is about making an analyzis of the succeses and failures in the process, in order to learn what the company should do and what the company shouldn’t do.

Therefore. applying this technique, the company can repeat its success and avoid repeating its failures.

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2 years ago
Management can estimate the amount of loss that will occur if the company does not prevail in a currently contested lawsuit. If
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c. Not accrued Disclosed.

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8 0
4 years ago
Which of the following statements does not apply to a market economy? a. Firms decide whom to hire and what to produce. b. The "
Semenov [28]

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4 years ago
By diversifying, investors help minimize ________
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