All categories

3 years ago

When you seek to define an issue, you should try to frame it in positive terms.

Business

1 answer:

aev [14]3 years ago

4 0

Answer:

True.

Explanation:

The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.

The steps involved in the problem-solving process are;

1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation (goal) and all efforts is channeled in the right direction rather than the symptoms.

2. Gathering of information: this helps to consider the options available in solving a problem effectively.

3. Consider your options: this helps to compare the available and viable solutions to the problem.

4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.

In the problem-solving process used for making decisions, you should try to frame any issue (problem) in positive terms when you seek to define it because that would help you to quickly proffer solutions and think in the right direction.

You might be interested in

amy clark just opened a soup and salad restaurant near golden gate park in san francisco, ca. rather than borrow money or raise

earnstyle [38]

Amy Clark is using a technique known s bootstrap.

The term "bootstrapping" is used in business to describe the process of launching and expanding a company using only readily accessible resources, such as personal finances, home computers, and garage space.

Starting a business from scratch without or with minimal outside investment is known as bootstrapping. By having the owner pay for and use the resources individually, it avoids using a pool of equity or large bank loans to finance small businesses.

According to the fundamental idea of bootstrapping, inference about a population from sample data (sample population) may be represented by resampling the sample data and performing inference about a sample from resampled data (resampled sample).

Learn more about bootstrapping at

brainly.com/question/15407896?referrer=searchResults

#SPJ4

8 0

2 years ago

On October 1, 2017, Crane Company places a new asset into service. The cost of the asset is $103500 with an estimated 5-year lif

ruslelena [56]

Answer:

The depreciation expense for 2017 is $4,050

Explanation:

The company uses straight-line depreciation method, Depreciation Expense per year is calculated by following formula:

Annual Depreciation Expense = (Cost of asset − Salvage Value )/Useful Life = ( $103,500 - $22,500)/5 = $16,200

Depreciation Expense per month = $16,200/12 = $1,350

Crane Company places a new asset into service on October 1, 2017. In 2017, the asset has been used for 3 months

The depreciation expense for 2017 = $1,350 x 3 = $4,050

5 0

4 years ago

The stockholders’ equity section of Fauberg Marigny Corporation at December 31 is as follows.

KengaRu [80]

Answer:

1. 295,000 shares

2. $10 per share

3. $60 per value

4. 6%

5. $2,046,400

Explanation:

1. Calculation for How many shares of common stock are outstanding

Outstanding common stock 300,000 shares

Less Common shares 5,000

Common shares outstanding 295,000 shares

2. Calculation for the stated value of the common stock

Stated value of the common stock

$1,500,000/150,000

Stated value of the common stock = $10 per share

3. Calculation for What is the par value of the preferred stock

Par value of the preferred stock=$300,000/5,000

Par value of the preferred stock=$60 par value

4. Calculation for dividend rate on preferred stock

Dividend rate on preferred stock=$18,000/$300,000 = 6%

5. Calculation for what would be the balance in Retained Earnings

Balance in Retained Earnings= $2,050,000 -$36,000

Balance in Retained Earnings=$2,046,400

3 0

3 years ago

What Is technical report

geniusboy [140]

Its a document that describes the process or result of a technical

8 0

3 years ago

Read 2 more answers

At the time of her grandson's birth, a grandmother deposits $4000 in an account that pays 5% compounded monthly. What will be t

defon

Answer:

$874,507,135

Explanation:

To find the final capital, we use the compound interest formula:

Final Capital (FC)= Initial Capital (IC)*[(1+interest(i))]^(number of periods(n))

The problem is givining this information:

IC= $4000

i= 5% compounded monthly

n=21 (is it 21 because the grandmother started at the granson´s birth, if she would started when the baby had 1 year, then n=20 and so on)

Before we apply the formula, we have to notice that there is and inconsistency. The interest rate is compounded monthly but n is in years. So, we must change i or n. We will change the interest.

First, we have to transform the periodic interest rate into an Effective Annual rate using this formula:

Effective Annual rate= [(1+periodic interest)^(n)] -1

Effective Annual rate= [(1+5%)^(12)]-1= 79,59%

Now, we can apply the first formula:

FC= $4000*(1+79,59%)^(21)= $874,507,135

4 0

4 years ago